~ The “Answer” (His Answer) Should Be Parallel To Mine’, As I’ve Presented Over The Years ~
Like Me’, ... He has “Also” been following the SEC Submissions ... All of Them’
the misinterpreted 75/25, and the inaccurate (mb) presentations, were simply limited to the initial conversion into the new company’s common shares, as Plan 7’ allowed for a “Release” and limited to any leftovers in the now completed WMI-LT ...
At the WMI Reorganization, implemented on 03/19/2012’, Both’, Judge Walrath and WMI’s approved 7’, gave everyone the same chance for a “Fair & Equitable” financial result ... depending on a choice of ownership
WMI reorganized into WMI Holdings Corp., ... with 200 million commons ...
The company, ... has always maintained its corporate structure, first with WMIHC and currently with “WMIH” as the Parent Corp., and with “WMIH and its Subsidiaries”, now able to be accounted for, now with the WMI BK’s “Closed” as of 12/20/2019 ...
In order for the company, “WMIH” to utilize any operational tax advantages until WMB is finally moved to JPMC, and the FDIC Receivership closed, ... only the Common Shares’ past and present tense, are a Corporate Structure concern limited to the company’s ownership ...
That’s why the 75/25 ratios of distribution have been a result of sloppy and poorly researched material ...
Currently, the Corporate Structure of “WMIH” and then “WMIH and its Subsidiaries” is what’s important ... for accounting purposes, and as related to the company’s 92 million ish’ common shares ... and yes, that float will need to be corrected ...
WMI’s Preferred, were always a separate consideration from the common share ownership of WMI and now of WMIH ...
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