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FranklinC

02/11/20 4:27 PM

#611957 RE: tanjazielman #611955

How do all assets transfer to WMIH in 2017, but are still not be disclosed 2+ years later?


It also states that all assets need to be transferred to the Target Company. In this case the Target Company is WMIH, as described in my earlier post. This has happened IMO after the liquidation of Merger Sub WMIIC in 2017.

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Boris the Spider

02/11/20 5:27 PM

#611982 RE: tanjazielman #611955

Thanks tanja. Great DD. Appreciate it.

Interesting theory. Bop is now saying Ps will get more than 10x par. Not sure about that, but the numbers are staggering. Lettuce pray.
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xoom

02/11/20 6:10 PM

#611999 RE: tanjazielman #611955

Awesome DD.
Thanks
Now all we need is to find “ similar “ structure in an IRS PLR and you may have absolutely nailed it.
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tony_t

02/11/20 6:45 PM

#612009 RE: tanjazielman #611955

Awesome post Tanjaz!!! Can this be refuted by Professionals?? Lol
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hotmeat

02/11/20 7:29 PM

#612019 RE: tanjazielman #611955

While your theory does seem plausible what you're asserting is that Reorganized WMI, now COOP, is going to merge with the WMILT, the last existing remnant of WMI Inc.

Such an event goes against everything we've read and been told by the WMILT and Bankruptcy documents, that the WMILT is going to be wound down and terminated.

I previously asked this but I'll ask again,...did you consult with a professional or is this theory based solely on your own research???

I ask purely based on previous experiences where such MB inspired theories have failed to be proven as true...that's just the sad reality.



Note: Re your response to clawmann, WMI no longer exists because it was indeed reorganized into WMIH Corp. (later COOP) and also resulted in the formation of the WMILT.