~ XOOM, Yes I Still Believe So’, The “WMIH” / “COOP” Key to Value Is To Move Forward With Those’ That Are ?, And Have Been Moving Forward and are The Controlling Entities ~
The only difference I see from then to now ?, is the “somewhat bothersome” realization that the very same WMI P’ series managing subsidiary, now, a WMIH managing subsidiary, has been gathering the interest income generated, but it has also been using the interest income to counterbalance the coupon and expense costs of the “A” & “B” preferred issued after WMI reorganized through 2017’s end date ... the good news is ?, that P’ managing subsidiary is obviously still functioning, the bad news is ?, the interest income is being used to offset costs ...
As I posted to John yesterday, ... everyone should get themselves caught up to our current and present tense situation ... everything WMIH financially relevant has been moving forward, while the distractions have continued ...
John, as I have posted ... what is important in my opinion, are the financial moves that have taken place outside of these daily non-stop distractions, the LT, the if, if, if, if, the broken records, the 8-k's are going to be filed every 10 minute's ? ... etc., etc., etc., ...
most of what is currently being presented is 100% irrelevant' ...
here's what is' ...
The 2nd Ownership Change ... and the 382 three year taxation accommodation, that has now passed, ...
The 2nd Private Rights Offering ... with the promise of privacy' ...
The PROOF I've presented regarding the acknowledgement and the reality of the ASSET VALUES of WMIH (and its Subsidiaries) ...
The PROOF I've presented of the Continued Functionality of the original WMI, now the WMIH Sub' managing the "P's", that has been paying the A & B Coupons and Expenses' with interest earnings inbound' ...
The PROOF That "COOP" Has Given a special participation allowance to "2" Institutions, allowing them to exceed to maximum allowance of a percentage of "COOP" ownership ...
The "Fact" That "COOP" Is Now 100% Common Shares' ...
and, as always the relevancy of the separated WMI Cap Trust ...
there's more, yes, there is a lot more' ... however ?, ... honestly, its getting difficult to stay focused under these conditions, and to continue to help the people with all of the overwhelming amount of distractions, and what truly doesn't matter ...