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~ "COOP's" Release of All Operational Subsidiary's (Not All Assets) Is Only SEC Required in a Year End 10-K ... and IMO, COOP will make its outstanding share correction, and be at 100million shares out', (minimum) and XXXX will have shown up !, ... Well Before 2024's Year End ~
~ Know What You Own ~ ... or, don't own for that matter LOL' ... LOL' ... LOL' ... ol' cactus released and, Directly acquired WMB Notes' (cowboys' like lots of everything ! ! ) ... wooooo hooooo ! ! !
~ It's ALL Good, Even With "COOP's" Correction Back To A 100m Shares Out' ? ~
... COOP ... will NEVER Drop Below $50.00pps (IMO of course) ... and ... even if a drop in pps occurs, COOP will only be in that range for a very very short time because the Original "Posit" ... and ... the availability and the use of the 2.5 billion in Debt Structure Becomes a Reality ... (WMICT) ...
returning statutory interest is calculated and returned per each individual original released WMI ownership ... whether a WMI releasing common share owner' or a P fixed income bond releasing owner calculated separately ...
... any continued fixation with the now closed down and completed wmi-lt, or any reorg r/e, or any 75/25 ratios' of sharing' is ... Out The Window (long ago) ... it simply the reality' of "it is what it is"
nothing less than genius' ... (~ One Simply Needs To Figure Out WHO The Smart People Are ~) ... LOL'
and now for the 2nd time ... ~ Watch The Newco "COOP" It Is The Tell' ~
~ Yes John, "It's Coming" "COOP" "the registrant" Will Set The Stage For The GSA's Completion Between The FDIC and WMI, By Moving Itself Back To 100million Shares Out' ! ! ! ~
... "COOP(s)", share Buy Back program ... "Now FINALLY Makes Sense" ...
NationStar's Acquisition back in 2018', to "the mr cooper group", trading as symbol "COOP" ... able to legally be used as an SEC "registrant", able to SEC report with only ONE Operational Sub ... (LOL) ... NationStar LLC' ... the acquired Subs' loan servicer' ... "FINALLY" and COMPLETELY ... Makes Sense' ... ! ! ! !
Yes, the following is' On The Approved WMI BK' Docket, as the result of the GSA Settlement Docket # XXXX, and then' Fulfilled and Completed as Docket # XXXX at the 2012 Reorganization; and also placed upon the Formal Docket'
========
In its capacity as a creditor, WMI claimed, among other things, that;
(I) the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;
(ii) the FDIC’s wasting of WMB’s assets constitutes a taking of property without just compensation in violation of the Fifth Amendment to the United States Constitution;
(iii) the FDIC’s refusal to compensate WMI for property taken in the receivership constitutes a conversion of WMI’s property, actionable under federal law;
(iv) the FDIC’s refusal to compensate WMI for property taken in the Receivership constitutes a conversion of WMI’s property.
========
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174290105
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And The Numbers of Shares Necessary (now, Available) for "COOP" to utilize
~ "Defined" ... "COOP's" (current) Common Share pps, Is Directly' Related To a (2/3rd ish') Original Released WMI / WMIH (wamuq) (Plan) Common Share ~
The Following Transitional Event(s) ... were only' related to the WMI wamuq released common shares' ...
initial conversion @ .03349842 on 03/27/2012
conversion completion @ .00076346 on 08/03/2012
Upcoming COOP Conversion @ .0414252113836481 (IMO) ... Calculations Provided By The reorganized Holding Company's Actual 10-K
the tracking of the plan 7' released WMI (wamuq's) had to be "perfect" (in my opinion, for what is now' soon to come ! ! - COOPs return to 100m shares' ... yes, all planned for, a very very long time' ago ! ! ! )
any and all excess P' ... "Cash In" ... funding, would always have been maintained within the WMI / WMIH "Preferred Managing Sub" (segregated & NOT' involved in the Holding Company's Reorg) ... always maintained and held, for the original P' Fixed Income Bond, releasing Plan Participants' ...
yes, it's all coming together
======
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174311276
=================
From The ACTUAL 10-K
Released wamuq' WMI Common Shares ... OWN The Original WMI Holding Company's Estate'
the K's ... Depositary Shares each representing a 1/40,000th interest in a share of Series K Perpetual Preferred Non-Cumulative Floating Rate Stock ... again, on the ... New York Stock Exchange
the P's ... 7.75% Series R Non-Cumulative Perpetual Convertible Preferred Stock ... NOTE WHAT WORDING IS MISSING ? ? ... (the P's are and continue to be ! ! Managed by the WMI / now the WMIH Preferred Managing Sub ! ! !)
~ Sorry Guys' But "NOT" Here' NOT on "COOP" ~
~ No', ... per the filing the shares are in thousands, COOPs Buy Back Is 36,000,000 ... fine print' ~
just sayin'
AZ
~ XOOM, the "COOP" number is (.0414252113836481) ... But I threw my own calculator out ! ! ! LOL' ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174375041
not .03
shhhhhhhhh, .... the Buy Back Programs, "COOP's" 36,000,000 X .0414252113836481 ... for every original released wamuq' ... NOT counting, or PLUS' the interest now accumulated' ... ohhhhh woooooow ! ! ... (napkin math LOL')
=================
and separately.
the K's ... Depositary Shares each representing a 1/40,000th interest in a share of Series K Perpetual Preferred Non-Cumulative Floating Rate Stock ... again, on the ... New York Stock Exchange
the P's ... 7.75% Series R Non-Cumulative Perpetual Convertible Preferred Stock ... NOTE WHAT WORDING IS MISSING ? ? ... (the P's are and continue to be ! ! Managed by the WMI / now the WMIH Preferred Managing Sub ! ! !)
~ You're Welcome ... "COOP" as a loan servicing 2018 acquisition, will start the process by re-setting' itself back to 100m shares out ~
"things that should make one go hmmmmm. except maybe those of us who paid attention. 😆 Thanks for being persistent in posting at the HUB".
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174374982
yeppers, like a tic on a mule deer ! ! ! ... yeppers' paid' attention ? ... Yep ! ... (pun intended) LOL
~ Tracking the WMB Notes as a Direct Owner is easy-peezy ... However, All of The Certs Need to be serviced ! ! ~
the WMICT was not involved in the holding company's reorg. ... however, the WMB Notes Were' ... "WE" have a few Loan Servicing Entity's currently in operation', and all on Our Behalf ...
NationStar LLC' is one ... and ... a sub of XXXX is another ... there are more' ! !
~ Also, PLEASE NOTE As SEC Reported ! ! ~
This Is Important, ... Direct From The SEC Filed 10-K
=================
wamuq's = Common Stock ... available on the ... New York Stock Exchange
the K's ... Depositary Shares each representing a 1/40,000th interest in a share of Series K Perpetual Preferred Non-Cumulative Floating Rate Stock ... again, on the ... New York Stock Exchange
the P's ... 7.75% Series R Non-Cumulative Perpetual Convertible
Preferred Stock ... NOTE WHAT WORDING IS MISSING ? ? ... (the P's are and continue to be ! ! Managed by the WMI / now the WMIH Preferred Managing Sub ! ! !)
=================
the Cash In and the Cash Out of the Preferred Managing Sub IS SEC Trackable' ... pre BK and post Reorganization
Common Shares ... Always Own The Estate' ... or the WMI Holding Company and ALL of its Operational Values' ...
~ Well Done John, now as 2024's "COOP"s use as the "registrant" ... the 10-K just prior to the WMI Chapt 11 Filing Is MOST Relevant to the Actionable Events Coming S@@N ... yes, Finally ! ! ~
=================
"Predecessor Operational Protocol"
... Common shares outstanding at the end of period (in thousands)(6) 869,036
... (6) ... Includes six million shares held in escrow.
and;
The number of shares outstanding of the issuer's classes of common stock as of January 31, 2008:
Common Stock – 882,557,330(2)
(2) Includes 6,000,000 shares held in escrow.
and
Common Stock – $36,953,361,076(1)
(1) Does not include any value attributable to 6,000,000 shares held in escrow
and as listed;
Common Stock New York Stock Exchange
Depositary Shares each representing a 1/40,000th interest in a share of Series K Perpetual Preferred Non-Cumulative
Floating Rate Stock New York Stock Exchange
7.75% Series R Non-Cumulative Perpetual Convertible
Preferred Stock
~ "COOP's" Second Climb Up Profit Mountain' ?, Will Be Much Quicker and Much Easier ! ! (LOL) ~
Once COOP' reconstitutes the 36m shares it has now "acquired" through its "Buy Back Program" (LOL, there's that word again LOL "acquired") ... COOP will reset with approximately 100million shares, and the pps WILL NOT be allowed to drop below $50. once the 36m shares are reconstituted ...
these are my conclusions and opinions' ... as an original releasing participant in the WMI' Holding Company's reorganization, and, as a Direct Owner of WMB Notes' ...
don't waste (or is that waist ? LOL) any time on the MANY', negative' ad-hoc groups, and especially' the (36k) FOS', research credit takers'
"Abba Da Ayy"
AZ
~ John, Correct, "COOP's" Numbers Will Be "Perfect" ... The Planned' Event Is Coming Very S@@N' ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174357470
~ AZ's NOT Asking Any "COOP" Questions ~
... Watch COOP', ... COOP Will FIRST Set The Stage', Allowing for the FDIC to complete the Original P&AA ... (10-K = "Predecessor Operational Protocol")
COOP' the symbol now used, for the 2018 acquired subsidiary grouping, being SEC allowed to be used as a "registrant" ... will reconstitute the 36m shares, COOP has acquired during the "Share Buyback Program" ... and, will return to 100m shares outstanding ... AHEAD' ... of the FDIC's movement to complete the original GSA ...
... IF ?' ... you released as directed, to Participate in the Courts Approved WMI Plan of Reorganization (7), ... You Will Be Okay' ...
the WMB Notes, look quite healthy this morning and are, and have been, being serviced by a sub of ... guess who ? ... duh'
(yes, move away from the MANY', MOTIVATED ad-hoc groups, and especially' the (36k) FOS', research credit takers')
"Abba Da Ayy"
AZ
~ Yes XOOM. "COOP", will Reconstitute', the 36 million Shares It', ... Has Now Purchased Back ! ! (COOP's' own' share Buy Back Program ! ) ~
... "COOP", the current trading transitional result, of the 2018 "Acquired" Subgroupings Acquisition' ... will "soon" ! ! ... BEGIN to make everything ... "fair and equitable" ... Yes', for the REMAINING', ... the REMAINING'; ... the REMAINING', ... Original' WMI Holding Company's Reorganizational Releasing Participants' ... period' ... once completed ?, the "Kraken" will be released' ! ! ! ... (interest accumulated = napkin math LOL)
=================
WMB Note Claims amounts, have continuously' been shown on the FDIC site', yes, for years without change' ? ... and Yes, The revealed Claim Amounts, have never changed' ! ! ... and yet ?', the WMB Notes have ? and continue to be ! ! serviced' by a sub of XXXX ... think bout' that' ? ? ? ... and per functional cusip, continue to be able to be reviewed by a "cowboy" WMB Note' Direct Owner' LOL'
(move away from the MANY', MOTIVATED ad-hoc groups, and the (36k) FOS', research credit takers')
just sayin'
AZ
~ LOL' ... ok ? ... u go girl' ... ol' cactus is enjoying "COOP" ? and a show LOL ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174318574
and' LOL
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174322563
"schools out' ... ol' cactus is not asking any questions LOL' ... ol' cactus is dancin' ... LOL"
~ Hmm, Quite an Interesting "COOP" Afternoon ? ~
All the (ol' cowboy) WMI Ownership', Releases, with attached W-9s' were document submitted to the Broker' ... and all copies were kept' and always able to be reviewed ! ! ... and, ...
All (ol' cowboy) WMB Notes, were "Direct Purchased" and are able to be reviewed at will' ... cusips intact'
hmmmmmm, this ol' cactus would think ? that such important documents would have been kept ... right ? ...
~ "COOP's" Share' Buy Back Program of the 36m Shares, Was "Designed" To Correct' ~
... Go COOP', ... Go COOP', ... Yes, We Understand and Yes, We' Get It ... LOL' ... nothing less than amazing ! ! !
=================
In My Opinion, ... this entire process was planned for a very long time ago' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174318574
attempting to rewrite the WaMu History and Process ? ... doesn't work' ... (sound familiar ?)
attempting to separate and divide the WaMu Longs ? ... doesn't work' ... (sound familiar ?)
the twisting of truth ? ... doesn't work' ... (sound familiar ?)
attempting to disrupt the Federal BK Court Approved Plan' of WMI's Reorg (2019' ?) ... Did Not Work' ! ! !
~ ol' cactus is dug in, like a Tic on a Mule Deer ~ ... Yes, this is all coming to a head' "SOON"
just sayin' :) :) :)
AZ
~ JPMC (etc, as listed) WAS RELEASED' ... Only The FDIC C & R as "Corporate Structures" WERE NOT RELEASED ! ! ! ~
... ALL of the People', the Human Beings' (the employees etc.) ... Were Released from any potential participation or individual litigation submitted against' them ... It's "specific to form" within Everyone's "Release to Participate" Submitted with their W-9 attached' ... Submitted individually to One's Individual Brokerage or Bank' ...
In My Opinion, ... this entire process was planned for a very long time ago' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174318574
attempting to rewrite the WaMu History and Process ? ... doesn't work' ... (sound familiar ?)
attempting to separate and divide the WaMu Longs ? ... doesn't work' ... (sound familiar ?)
the twisting of truth ? ... doesn't work' ... (sound familiar ?)
attempting to disrupt the Federal BK Court Approved Plan' of WMI's Reorg (2019' ?) ... Did Not Work' ! ! !
~ ol' cactus is dug in, like a Tic on a Mule Deer ~ ... Yes, this is all coming to a head' "SOON"
just sayin' :) :) :)
AZ
~ "COOP(s)", share buy back program "Makes Sense" ... FINALLY' ~
NationStar's acquisition in 2018', to "the mr cooper group", trading as symbol "COOP" ... able to legally be used as an SEC "registrant", able to SEC report with only ONE Operational Sub ... (LOL) ... NationStar LLC' ... the acquired Subs' loan servicer' ... "FINALLY" and COMPL:ETELY ... Makes Sense' ... ! ! ! !
Yes, the following is' On The Approved WMI BK' Docket, as the result of the GSA Settlement Docket # XXXX, and then' Fulfilled and Completed as Docket # XXXX at the 2012 Reorganization; and also placed upon the Formal Docket'
========
In its capacity as a creditor, WMI claimed, among other things, that;
(I) the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;
(ii) the FDIC’s wasting of WMB’s assets constitutes a taking of property without just compensation in violation of the Fifth Amendment to the United States Constitution;
(iii) the FDIC’s refusal to compensate WMI for property taken in the receivership constitutes a conversion of WMI’s property, actionable under federal law;
(iv) the FDIC’s refusal to compensate WMI for property taken in the Receivership constitutes a conversion of WMI’s property.
========
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174290105
========
And The Numbers of Shares Necessary (now, Available) for "COOP" to utilize
~ "Defined" ... "COOP's" (current) Common Share pps, Is Directly' Related To a (2/3rd ish') Original Released WMI / WMIH (wamuq) (Plan) Common Share ~
The Following Transitional Event(s) ... were only' related to the WMI wamuq released common shares' ...
initial conversion @ .03349842 on 03/27/2012
conversion completion @ .00076346 on 08/03/2012
the tracking of the plan 7' released WMI (wamuq's) had to be "perfect" (in my opinion, for what is now' soon to come ! ! - COOPs return to 100m shares' ... yes, all planned for, a very very long time' ago ! ! ! )
any and all excess P' ... "Cash In" ... funding, would always have been maintained within the WMI / WMIH "Preferred Managing Sub" (segregated & NOT' involved in the Holding Company's Reorg) ... always maintained and held, for the original P' Fixed Income Bond, releasing Plan Participants' ...
yes, it's all coming together
======
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174311276
just sayin'
AZ
~ "Defined" ... "COOP's" (current) Common Share pps, Is Directly' Related To a (2/3rd ish') Original Released WMI / WMIH (wamuq) (Plan) Common Share ~
The Following Transitional Event(s) ... were only' related to the WMI wamuq released common shares' ...
initial conversion @ .03349842 on 03/27/2012
conversion completion @ .00076346 on 08/03/2012
the tracking of the plan 7' released WMI (wamuq's) had to be "perfect" (in my opinion, for what is now' soon to come ! ! - COOPs return to 100m shares' ... yes, all planned for, a very very long time' ago ! ! ! )
any and all excess P' ... "Cash In" ... funding, would always have been maintained within the WMI / WMIH "Preferred Managing Sub" (segregated & NOT' involved in the Holding Company's Reorg) ... always maintained and held, for the original P' Fixed Income Bond, releasing Plan Participants' ...
yes, it's all coming together
"Abba Da Ayy"
just sayin' :) :)
AZ
~ Ol' Cactus, "WMIH / COOP" Thoughts ? ... Not Allowed ~
just sayin'
AZ
~ hmm' ! ... "WMI / WMIH / now symbol COOP" ... only allows for a "ONE" Sided Opinion ~
necessary to control, and simply more proof' ... later'
just sayin'
AZ
~ Nope Not Secrets ! !, Just All of The REAL Releasers ?', Already Know The Docket Numbers By Heart' ... (Docket #'s XXXX) and then, Big Dog (XXXX) LOL' ~
LOL' ... "spell check" LOL ... ol' cactus is havin' fun ...
just sayin'
AZ
~ Sure ! !, Easy Peezy Stuff, ... You Answer Your Own Questions, Start with a separation of the WMI Holding Company, and then separate EVERYTHING ELSE that was NOT ALLOWED, by the Court for Consideration ... ONLY The Holding Company ! ! which is the' (your) reference to ... "Title to all assets belong to the reorganized Debtor, JPM, and the FDIC?." ... that is the result of the GSA ~
the Reorganized "Debtor" Is ONLY The WMI Holding Company ... now,
I'll simply refer to your own "Release" submitted with an attached W-9 ... hmmmmm ? ... the Release in order to participate in the Reorganization, Released people', human beings, employees, from any possible litigation ... All Of Them, All of the People ... Only The FDIC-C and the FDIC-R as "Corporate Structures" Were NOT released. ... Because the following settlement to the GSA was achieved.
conclusions based on incomplete, sloppy, and poorly researched material, ... or, a NOW fully completed Liquidation Trust ? (LOL) ... simply doesn't matter
... IF', ... one did ? in actuality Truly Release ? (195k ?) ... simply review what was submitted' ... I question that (195k), but, I-really-D-C
this is on the Docket, ... (Docket # XXXX), and then adhered to with the Follow Up Filing of (Docket # XXXX) ... done & done ! ! ! ... easy peeezy stuff, for many that read the process'
========
In its capacity as a creditor, WMI claimed, among other things, that;
(I) the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;
(ii) the FDIC’s wasting of WMB’s assets constitutes a taking of property without just compensation in violation of the Fifth Amendment to the United States Constitution;
(iii) the FDIC’s refusal to compensate WMI for property taken in the receivership constitutes a conversion of WMI’s property, actionable under federal law;
(iv) the FDIC’s refusal to compensate WMI for property taken in the Receivership constitutes a conversion of WMI’s property.
========
schools out' ... ol' cactus is not asking any questions LOL' ... ol' cactus is dancin' ... LOL
just sayin'
AZ
~ Well Done John ! ! ... then, COOP', the Acquired Loan Servicer, (NationStar LLC, and a "registrant") was simply a necessary mechanism ~
NationStar was Acquired in 2018' merely' renamed, as "Globic" was being completed in DC (with WMB Note Cusips Listed ! ! ) ... and then, in March 2019, the last attempt(s) to disrupt the Judges Plan; ... were filed'
and as we've discussed, ... "the big boy WMCT2001( CMBS)" ... was NOT involved in the WMI Holding Company's, Filing for Chapter 11, or WMI's Reorganization ...
Just my own opinion for MANY Years, ... "the big boy" ... was the posit' ... 10 billion dollars, with 2.5 billion originally used as a debt offering ! ! (freed up when the Run-Off Notes were paid off early, by the Preferred Managing Sub) ... and ... available, now after a WMI Reorganization, as long as the Newco' maintains a minimum of $50.00 pps ...
During The COOP Share buy back program, ... the pps has been volatile, however, once COOP resets, by reconstituting 36million shares (ish), and back to its original 100 million shares, ... and ... holds at a minimum of $50.00, the debt allowances will be released and available' after a short period of stability' ... My Opinions' ...
... "the big boy WMCT2001( CMBS) are beneficially owned by WM commons" ... Correct ! ! ... the Original Plan 7' Released Commons ...
... The Preferred Managing Sub, ... Also Not Considered during the BK, ... and ... Active and Researchable (Cash in / Cash out) For Many Years Beyond The 2012 Reorg. ... it's contents belong to a Releasing P' Fixed Income Bond ...
just sayin'
AZ
~ (smh), The WMI pre-bk and the WMIH-post Reorganization. SEC Documented "Preferred Managing Subsidiary" Simply Debunks All Of Those inaccurate notions ! ! ... No WaMu (Plan 7) Releasing Long Timer, Pays any Attention to ANY of That' "pooooop" ! ! ... "that, nothing is coming back" ... its simply contrary to the actual SEC filings, and the reporting of the continuation of the, Cash In / Cash Out, that is SEC Reported Well past, Yes, Many, Many Years Past' 2012' ~
... its all, YES ALL, including the other Subs, revealed on the SEC site, or ? install a fan' ... I-simply-D-C ... not even a little bit' LOL
... I'm NOT Asking Any Questions ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174283041
just sayin'
AZ
~ I Agree', "COOP" ... Will (soon) Show Us The Way ! ! ... "COOP" ... will go first IMO' ~
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174280400
~ You're Welcome Boris, ... Past Tense and Currently, Now with COOP' ... There Have Always Been Continuing Goals ... For WMI pre-reorg, then for WMIH post reorg, and now for "COOP" merely the (acquired) "registrant" ~
with WMI, right after the 2008' Holding Company's Filing ? ... (told, we didn't need an equity committee)
then, the promotions to abide by the 2012' voting packing insert ... not to participate in the Plan
the WMB Notes would be a bust' ... That One Makes Me LOL' Hilarious ... luv mine' LOL
then in 2019, a last attempt filed, to unravel the plan ...
a continued disparaging of any and all WMI common share ownership / ultimately 1/3 of the commons did NOT Participate in (7) ... their original ownership was divided up amongst those that did, in August
There's BIG MONEY Hear, ... and ... the less there are at the table, the larger the recovery portions will be ... ol' cactus is and has been' dug in like a tic on a mule deer ! !
"Abba Da Ayy" ... and hold on tight people' ... ~ Watch Your Six ~ ... "COOP" Is Now Positioned just exactly where they want it to be ... the Kraken' is about to be released ! ! ! (XXXX)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174281752
just sayin' :) :)
AZ
~ This Is Correct ! ! ... "COOP" ... the mr cooper group, (NationStar) was "Acquired" by WMIH back in 2018 ~
some ol' cactus tweeks in red;
~ LOL', WMIH / COOP(s) version of ... "rip-van-winkle" ... LOL' go bk to sleep ~
n' take 36k etc., along with ... LOL
just sayin'
AZ
~ Hi XOOM, well in my opinion ?, COOP(s) squaring away of the necessary return to the original 100million shares, ? ? ? ~
is the reason why, I believe that COOP needs to go first' ... reconstitute the 36million shares, and simultaneously' maintain the pps above $50.00 ... then there would be other considerations' ... interest accumulated and still owed, etc. etc. ... "napkin math" so to speak ... I simply believe that it will ultimately be ... "Fair and Equitable" ...
I'm just a very happy cowboy, watching this finally coming together and I'm VERY GLAD that I DID NOT Drink any of the coffee flavored Kool-Aid, and as recommended and asked to consider the voting package inserts promoting that everyone, NOT to vote' NOT to Participate in the Judges Plan, while those inserts, and their directions to NOT Participate in the Plan WERE Promoted by bop' ... glad I didn't pay attention and ALSO glad I bought WMB Notes' after the Reorg and Before Globic Settled' ... which were all also discouraged at the time LOL' ... go figure ... and added, then in 2019', the failed attempts "filed" to once again, attempt to disrupt the plan, Thankfully ALL ALSO Failed', ... ! ! !
just sayin'
AZ
~ Oh and Added JustNormal, ... Contrary to numerous postings, by a few ad-hoc groups, ... NationStar and its Subs, Were "Acquired" by WMIH, in between July and October of 2018' ... NationStar, was earmarked to be the Company's SEC "registrant" Reporting with only ONE Operational Sub ... NationStar LLC. ... Xome', was also acquired, but Xome Is Never Listed in a COOP 10-K ... because merely a portion of what was acquired back in 2018' is being used for SEC reporting allowances, ... For the last 6 years (ish) Only LLC, the Loan Servicer was necessary, Now' Things Are Changing ~
also, contrary to ad-hoc group postings, ... the WMI Pre-BK and Post Reorganization, ... "Preferred Managing Sub" ... can very easily be reviewed on the SEC site, with the accounting revealed of BOTH, the Cash In and the Cash Out ! ! ... openly SEC reporting for many, many years, well Beyond the 2012 Reorganization ... so, NO Nothing was cancelled as there are those that continue to profess this' ... only the WMI Holding Company's wmi-lt completed its Court Ordered functions, and has Now' shut down ... (verified)
anyhew' Have A Nice Day
just sayin'
AZ
~ Hello JustNormal, a well known WMI / WMIH / COOP Long Time Participant', ... and You Are More Than Welcome ! ! Yes, I believe that WE will all be treated in a "Fair & Equitable" Manner, "COOP" is now on deck, and prepared to begin the party', using its 36 million shares, now Bought Back' ~
the word used so flippantly, "reasonable" is NOT Applicable ... everyone's opinion of "reasonable" could never have been accomplished.
I'm still considering a part time flat in Garmish, and I just visited the Duaco' in Milan and looked around there as well ... a nice mug of EichBahm and hot potato salad sounds wonderful' ... :)
Have A Great Day, and My Very Best To You and Yours ... Have A Nice Day Old Friend'
just sayin'
AZ
~ "ppffftt", Really ?, the "When" ? is obviously still a secret', COOP's "When" Revealed Here ? ? ?, could be considered "insider knowledge" (duh) ~
... always good for a small chuckle' ... here ya go, ... When = Soon'
"COOP" will "Tell" (LOL, pun intended)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174278000
life lesson ! ! LOL', ... "the pea isn't under any of them" ... now, pay-up and move along ! ! LOL
just sayin'
AZ
~ 2018' ol' cactus, 1st Time: "Watch The Newco WMIH / COOP It Is The "Tell" ... Now ?, 2024' ol' cactus, 2nd Time: "Watch The Newco WMIH / COOP It Is The "Tell" ... k ? ... ~
Make Sure That Your Brokerage (or bank, if used) Accounts Are All Up To Date; ... and Pay Attention (pun intended)
It Is My Opinion, that "COOP" will correct back to its original 100 million shares' ... reconstituting 36 million shares (ish) ... the final numbers will be perfect ! !
And', ... the Preferred Managing Sub' ! ! ... will settle up with the original' WMI Releasing Fixed Income Bonds' ... Separately ...
the SEC accounting filed and placed on the SEC site for this WMI Preferred Managing Sub, BOTH pre BK, and post reorganization is able to be reviewed by everyone' ... Showing the Cash In and the Cash Out Transactions, and I may add, ... "WELL BEYOND THE March 2012 WMI Plans Implementation" ...
The WMB Notes, ... are again, a Separate Consideration, and will transition with the Bank as described in the P&AA ... Oh, looked this morning, those WMB Bonds Are Doing Just Fine ! !
It Is My Opinion That, ... Things Are Gettin Better All The Time ...
"Abba Da Ayy"
just sayin'
AZ
~ hmmmm, ... All The WMI SEC Submissions, and the WMI Chapter 11 Docket, and COOPs Filings, were and are Available To Everyone ! ! ~
~ Nice Quote', Needs a mr cooper group' Bump' as the "predictables" show up ! ~
now ? they are denying the actual docket ? ... wow' ... LOL'
~ Yep No Kidding Right ? ... Its Been A Long Trail' ... Re the COOP 36m Shares ? ~
... well, I believe that the actual, WMI to the WMIH "Preferred Managing Sub" will quite easily financially take care of the WMI P' Bond Fixed Income Releasing Owners. ... and the reconstituted 36m COOP shares, will be dispersed back to the original owners of the WMI Holding Company' ... the WMI Commons' ... wamuq
I see a released WMI common and a WMI released P ... as completely different, and NOT able to be ratio divisible ... the wmi-lt confused some ?, but, not all' LOL
(sorry about Kay)
just sayin'
AZ
~ ND9', Hello to You and Yours ! ! ! ... My VERY, VERY STRONG Opinion, is a Separation of what has been postured here Re:COOP, is necessary ! ~
My conclusions have lead me to completely believe that ... An Original Released WMI "P" Preferred, Maintains its connection to the WMI Preferred Managing Sub, able to be studied BOTH pre WMI's Chapter 11 filing, as well as Post the WMI Reorganization as the WMIH Preferred Managing Sub ... period ... those accounting documents are on the SEC site' ... simply and conveniently ignored' ... as I have posted, that sub was used to pay KKR's preferred offering 3% quarterly coupon of $18 million, ... and then' ... the Paying Off of the Run-Off Notes' ... the Cash Inbound to that Sub', Has Not Ever Stopped ... ! ! ... so, Yes a "fair and equitable" result to an original releasing P' holder. (the word was equitable' ... not reasonable)
COOPs preferreds are merely a normal format ... and have zero to do with the WMI Original Releasing Owners ... remember COOP came many years after the fact' back in 2018 ...
"COOP" will make the first move in my opinion, ... as stated' ... and then ? (XXXX) Will Release The Kraken' ... returns from many areas' ... All we need COOP to do ? is to NOT ALLOW its pps to drop below the $50.00 pps threshold' ...
just sayin'
AZ
~ Yes, It Is Aways Imperative That an Investor Keep His Credentials in order With Their Broker or Bank ~
... It falls under the simple directive of simply "Being Responsible" ...
It is my opinion, and my conclusion, that "COOP" will reconstitute roughly the 36 million "common shares" that COOP has repurchased, returning COOP back to approximately the original 100 million shares ... reconstituting those 36 million shares, back to the original releasing owners of the Reorganized WMI Holding Company. ... and within the obvious controlling pps mechanism being used, will not allow for a diluted effect to lower the "COOP" pps to fall below the $50.00 threshold, which is necessary to maintain control of the "Debt Structure" that was NOT included in the Chapter 11' ...
... Many, Many Heartfelt Thanks goes to JB92106 and DarkB4, for the fine tuning of these numbers ... ($75 pps ish, dropping a third back to $50.00 ish' = to the reconstituting of 36m shares, back to 100m shares' ... )
Once completed, (XXXX) will bust through the door, ... and "COOP" will relinquish its SEC position as merely the allowed ... "registrant" ... 10-K reporting with merely one operational sub' ... toooo funny', ... that ? has always been hilarious'
now watch as 36k', hurts an arm patting on the back, and taking credit' ... ! ! LOL ... the wmi-lt is not any part of anything anymore' ... 36k is simply a kool-aid stand owner
... COOP goes first with the share correction' ... in my opinion
just sayin'
AZ