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austin01

07/16/18 9:12 PM

#526998 RE: Large Green #526984

Large Green, thanks for indulging and educating me. Believe me, I hope your theory holds up.
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BBANBOB

07/16/18 9:58 PM

#527006 RE: Large Green #526984

NEXT to the Last post of the day for me but worthy of using it now!

"""taken together with the other transactions contemplated by this Agreement and occurring on the Closing Date, should not result in an Ownership Change (the “382 Tax Opinion”)."""
Either we get an opinion letter from the IRS this IS NOT AN OWNERSHIP CHANGE or all hell breaks loose and in a big way!!!!!!!!!!!

Jay Bray is up chit creek for PR'ING and 8k'ing we have nols IN THE MERGER AGREEMENT AND THE sec WILL BE DOWN HIS NECK AND THE AMBULANCE CHASERS WILL OWN nsm

ORRRRRRRRRRRRRRRRRRRRRRRRRRRRR

The company maintains the 51% ownership position of the OLD and COLD ORRRRRRRRRRRRRRRRRRRRRRR

Also if it IS decided we have had an ownership change with no issuance of shares to bring us up to 51% , then set this and forget it for three years, AND WE GET FINED some 150 mill for not closing on the deal!!!!!!

OH BUT WAIT, you can also kiss NSM goodbye because the meeting the 385 requirements is in the agreement!!!!


Can you say """LETS MAKE A DEAL???"""
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wamugold

07/16/18 11:27 PM

#527014 RE: Large Green #526984

Im not waiting till 2/13/2108 for this merger to close. That's it, Im gone and selling my WMIH position tomorrow morning.
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johnnykansas

07/17/18 12:32 AM

#527021 RE: Large Green #526984

Don't the preferred shares (WMIH preferred) really "own" WMIH b/c they have the voting rights?
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Major_Bankz

07/17/18 9:22 AM

#527040 RE: Large Green #526984

LG has been spot on lately, lets hope the streak continues especially the escrow distribution part on July 31st.
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Emptyhead

07/18/18 4:18 AM

#527256 RE: Large Green #526984

And when the public holders of WMIH realize the increase in the shares issued ( 1.6 billion) they will crash the share price back under $1.00 to fill that huge nasty looking Open Gap