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Without the Senate this would be difficult.
Been thinking about these statements. I think someone is shorting this down so more shares will have to be issued soon.
This was the first time our trusted CEO publicly fought for reevaluation. Even mentioned wanted to buy back more shares but was legally limited by NOL usage. Gonna be an interesting 60-150 days.
Because it may be a done deal. I mean they got EU approval and it’s the only offer available. I mean Someone told all brokers to communicate this offer so all shareholders know.
Even unsigned
What 11/1 date?
They clearly said items were omitted, even made reference to NOL’s being effected, so we know that’s not true.
Yeah I just didn’t understand the reasoning if they didn’t include it by fiscal year ending 9/30/20?
And don’t REIT’s usually return 90% of dividends to the owners?
They seem to believe they should be evaluated at a higher P/E then a typical mortgage company. They’ve been playing games with the numbers and for some reason want all analysts to review XOME again.
Based on napkin math XOME could add 8 bucks a share even at the current P/E.
They are trying hard to get this share price up...hummm
That would be incredible. So your of the opinion that 9/30 was a key date and not waiting till 12/20/20 or late March 2021?
Well I can wait a couple hours to see if that happens.
Not looking for anything on tmrw from COOP during earnings announcement.
There’s been no filings in place to discuss any processes moving forward with the old assets...yet. But it’s coming soon.
Wow never seen a reputable company make that kind of mistake before? That is encouraging. But COOP is WMIH.
Dow down 820pts. So yeah COOP might be down a bit.
Exactly, what Rosen said he could do and what happened were two different things. He used lip talk to control a narrative he could only delay.
I believe somewhere in the next 150 days we what we own.
I think it’s too late in the game to even consider removing DIP. The only way seems to be an outright buyout of the DIP.
But there asking the buyer to put up funds without getting a chance to audit financials.
You’ll also get a great lesson on trickery If the preferreds receive face plus interest.
All the conversations to get people to move to Dimes or H’s and out of commons was crazy. But if the 75/25 ratio is only for a portion? We’ll be happy but yelling at screen names we can’t put faces too....Lol
“Only in America” ...Don king
This is screen play material. You can’t make this crap up...(story line) Thousands of millionaires made through social media and trusting strangers?? Only to be tricked out of their full returns through a web of deceit. As a final chapter for the greed of 2008, Shares showing zero value for more than 8 years come to life!!
We’ve been called...Vultures, Zombie shares, and amateur traders. Gotta think of something original for the movie.
If its no longer allowed? Does this mean restore back to the original 1.2B shares?
That was always confusing to me.
All this seems to be a large transaction to be done over next 60 days. But isn’t COOP already utilizing some of the NOL’s?
So the fiscal year ended 9/30. Can they wait till 12/30 to announce how much they’ll utilize?
Yes you sound very knowledgeable. Are you here to see how COOP will address the NOL’s and escrows next week or do you have some skin in the game?
You think a reverse 12-1 split?
Well what does it say?
What will they do if she’s right. No time to litigate. I think they will probably let it slide due to time constraints.
I’m hoping the price is already factored in by then at 27-28. Then maybe this will trigger movement on other fronts.
Also prevents any runs on stock price, so if 1.50 paid, they can still claim a premium was paid.
Why would we need Okie or CR3 if there is already a deal? Their fees will be paid.
Funny how their skirting the rules just a tweet. Why head from shareholders without an EC? There can be no price movement until this is done.
I think this will end in a flash. They mentioned early Nov maybe sooner.
My bet is Oct 14 won’t happen. Some type of resolution will occur before then.
I think the EC continuation was only possible because of the brother in law’s evaluation. If they hadn’t tried that, we would probably be gone now.
So if Adhoc wasn’t accepting, take it straight to the people. If a dollar is on the table it will be accepted. They’ve done a good job of keeping this stock price low and us uninformed. Anything reasonable will be accepted to move on.
Hold on the court just started...I was wrong
We weren’t getting an EC, we were hoping for an update with some time frames.
Court is cancelled today...
Sorry it was 9/22
Thats not true, last halt on OTC was ZNGYQ on 9/15
Take a look.... https://otce.finra.org/otce/tradingHalts
They can do nothing but accept what ever or nothing that’s offered. They have no recourse to request an EC. So it may be a full candy bar a Hershey’s kiss or empty paper wrapping. What ever it is, it will be accepted.
This is crazy, but with no objections
It should move extremely fast.
Wow...they did a good job keeping this quiet.
"...effective as of September 9, 2020, to, among other things, indicate their support for the Ad Hoc Group’s credit bid for the sale of ALL or SUBSTANTIALLY ALL OF THE ASSETS OF THE COMPANY."
Hearing should be cancelled tmrw correct?
So court should be cancelled tomorrow.
I was told there was no way the Adhoc would ever make it to court. It’s a good thing for us.