• 75 million in cash
• 125 million borrowing capacity
• 5-6 billion in WMB abandoned worthless stock deduction that must be in place by 12/31/2012
• We have an Executive lineup that is not too shabby plus an opening for a permanent C.E.O.
• A potential business plan coming including an audit for WMIH – maybe separate
• Arguably, anywhere from 15 to 40 billion in NOL’s
The nol's should be worth 5-7 billion if utilized.....
The abandoned stock is beyond 19 billion dollars and was stated in court 9.x billion to SNH Creditors and another 8.x+ billion to be shareholders if the plan executed as it was, now that the shareholders owned 95% of the stock, 19b + goes 95% goes to shareholders or company's value in pps.