Mr Cooper Group Inc (COOP)

[ReikoBlack]

"On March 19, 2012, WMIH emerged from bankruptcy. Prior to emergence, WMI abandoned the stock of WMB, thereby generating a worthless stock deduction of approximately $8.37 billion which gave rise to a NOL for the year ended December 31, 2012."

~ That ? Is Actually Two Questions' ~

but seriously, ...

Quote:Are you saying our 6.5 billion in NOL go away once FDIC completes the receivership, and WMIH can no longer use what is remaining



Yes, That is correct and as presented to Judge Walrath on the record in open Court by the WGM Attorneys as well' ... Once "WMB and its assets" are formally segregated and removed from the WMI Tax Group ... Then the reorganized WMI' (WMIH-Corp) is no longer in a position to utilize those initial Tax Allowances' ...

Quote:Also AZ, confirm that when we lose our NOL's we still have our close to 8.3 billion in capital losses to use, but they must be used before end of March 2017?



These are IRS General Rule' Tax Allowances which are made available to all company's exiting into a Plan Approved' "Reorganization"

A Capital Loss Tax Allowance ?, is able to be utilized for five years future' ... In WMIH-Corps case ? that period ends on March 16th, 2017 ... and' the availability of an $8.37 Billion Dollar Tax Allowance, as has been revealed in every WMIH-Corp SEC Filed Q & K Document since the Reorganization' goes away' ...

A Net Operating Loss Tax Allowance ?, is able to be utilized for twenty years future' ... In WMIH-Corps case ? that period ends when "WMB and its assets" are segregated and removed from the Original WMI Tax Group' ...

... so basically, the NOL baby' gets thrown out with the proverbial WMB bath water' ...

once WMB completely leaves from our continued ownership ? to a full and completed transition to JPMC, as stated once the FDIC completes the receivership, the NOLs go away ...

ONE can not get rid of the NOL providing entity, if ? ONE gets rid of the actual providing entity' ... or in our case, gets paid for WMI's property by the FDIC

AZ