Excellent question! I haven’t seen any link or document to validate the $50 pps for Coop, as a trigger for payments to escrow. It almost appears to be nothing more than another made up reason for why the expected escrow payments previously touted as being “imminent”, have failed to appear. Just a diversion from another failed forecast of when we will get paid.

Obviously someone promoting 8.6 Coop shares per common escrow share failed to extend that formula as you have done. I think most of us would agree that conversion rate is unrealistic. IMHO

NP MB - glad you got it and kudos to Charles in finding it! Enjoy your weekend! We look forward to hearing what you are able to find within the document.

Try this! In the upper right hand corner, click “show intro”. Then under the main box, click the option for SEC filings. Then type Wand Merger in the search field and hit search. There are several documents listed, and hopefully one of them is what you are looking for.

Wow! That document has 82 pages and 2 addendums! I’m surprised it doesn’t have the details you’re looking for.

Try this link!
https://www.sec.gov/Archives/edgar/data/933136/000119312518045940/d539539dex21.htm

Hi Az! As we both know, speculation will end when payments on our escrows begin! Till then speculation will continue! Truth be told, your posts contain a substantial degree of speculation too, albeit based on your knowledge and understanding of events, SEC filings, etc.. Forthcoming (hopefully) payments will validate your interpretation/perception of things, by effectively meeting the terms and adherence of POR7. I too will look forward to the end of the speculation for that reason! Enjoy your weekend buddy!

8 Ball speculation - maybe we see a 3-Q’s for 1-Coop reverse split, which based on 1.2 B - Q’s would require 400 Million Coop shares, which could easily be done! Future increased valuation of Coop shares could possibly offset the effects of the reverse split. Just daydreaming here on a Saturday morning! Lol Have a great Labor Day weekend everyone!

Sure.! Nothing to lose! It is always better to take action, rather than merely suggest that others have the responsibility to do so. Taking ownership of the issue is the recommended choice! Good luck, and we hope to hear back from you if you get a response.

And what exactly is keeping you from being the person to go forward and ask the question?

Do you have a specific reason for this prediction? Or are you just hoping that the WAMU curse is finally broken on Friday the 13th, as value begins to return to our escrows?

Indeed CyberJ, let’s hope that your assessment is validated as PCTL continues in it’s efforts to realize their potential, and enjoy unlimited success moving forward. A bright future for all shareholders remains if indeed PCTL remains focused, proactive, and committed to professionally and progressively achieving their goals. We shall continue to support and encourage their efforts.

The ebb and flow of momentum after a PR is destroyed/lost in PCTL’s subsequent failure to follow up with supporting details in a timely manner. All too often the renewed interest/energy dies off as it waits for PCTL to follow up with details supporting/validating the PR. Which unfortunately they always fail to do! The concept of momentum seems to be lost within PCTL. What a shame! IMHO

Happy birthday!! Have a great weekend celebrating!

As a stand alone post, you can see why my perception was wrong! But as you fully explained your thoughts on total payout, your position is more fully understood and appreciated. Glad to know that you still hold out hope, along with many/most of us. Thanks for your response. Enjoy your evening!

Many of us would consider that value an insult after almost 13 years, but you must have lost hope! Your response will probably indicate it’s better than nothing, but I still hold out hope for a whole lot more than nothing and/ or nominal value that you indicated is acceptable. Best of luck to you, but I truly hope that you are very wrong!

Normally a tender offer is made to the shareholders to acquire any remaining public shares. You have an option to decline the tender offer, but that is normally an ill advised decision. There is a lot of good information available at investopedia.com regarding the subject.

Your guess is as good as anyone/everyone else - so what do you think will happen? As you read thru recent posts you will find a collection of many prognostications, all being nothing more than optimistic/pessimistic personal opinions. Join the crowd & share your opinion with us. Then join the rest of us as we wish/pray/hope that we see significant returns for our escrow shares. Either tomorrow, or sometime in the very near future! Have a great day my friend!

http://archive.fast-edgar.com/20210616/AK2Y222CZC2RU9VD222N2ZY2QC8VZZ22Z232/
8k out

This date comes from the many posts of this week, which we read through. You are more than welcome to do as we have done, as opposed to showing up and asking to be spoon fed the important information. It will enhance your understanding as to the basis for dates and other important information being discussed by those that have done so.

Excellent assessment Aandt! IMO it clearly describes the design & purpose behind recent organizational changes, and the reason for ongoing optimism regarding PCTL’s future, and increasing shareholder value.
Bottom line improvement and continued growth will be reflected as a result of Gary’s efforts heretofore, as well as current organizational changes. Thanks again for sharing!

Royal, do you think these monies are associated with a possible escrow payment, or are you just excited about these new brokers/dealers rules, and that these monies might just be attributed/associated with those rules?

https://www.sec.gov/news/public-statement/staff-fully-paid-lending#_ftn4

Good common sense analysis! Thanks for sharing!

Prayers for their family!

Beautiful wording!

the petition for rehearing by the Court en banc is denied.
BY THE COURT:
s/ D. Michael Fisher
Circuit Judge
Dated: March 23, 2021

Thanks for sharing that information. Waiting another two years would obviously be a major disappointment! Let’s hope that some form of resolution will result in those monies being released much sooner than that time frame. I would certainly like to be here on earth to enjoy sharing those rewards with family, friends, and the less fortunate.

I will have to get good lifestyle advice regarding diet, etc., and maybe talk to “t” about membership in his basement gym, to enhance my longevity! LOL

That explains why this issue doesn’t pass the “smell test”! Thanks!

Question for the board! Why can’t they release payment to Q’s, and also P’s, but simply withhold 1% of the full amount due Ps, until all possible litigation has been issued/resolved/exhausted regarding the disputed UW’s claim? I know this might be an over simplified solution, but to withhold everyone’s monies till finalization of litigation, seems to me to be an over complicated approach to dealing with the issue. IMHO!!

I would think that most, if not everyone holding P’s, would be very happy to get 99% upfront!

If you are referring to 10B as a total payout, that would be a major disappointment from my perspective. That would only pay $2+ to U’s! I for one would be greatly disappointed, as many others would be. IMO

Oddly enough Coop is presenting at a Credit Suisse Event tomorrow

In addition to the earnings report on the 23rd, Mr Cooper Group has another presentation two days later as per the following.

Mr. Cooper Group Inc. to Present at the Credit Suisse Virtual Financial Services Forum
BY Business Wire
— 5:56 PM ET 02/18/2021
DALLAS--(BUSINESS WIRE)-- Mr. Cooper Group Inc. ( COOP
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) announced today that Jay Bray, Chairman and Chief Executive Officer, and Chris Marshall, Vice Chairman and Chief Financial Officer, are scheduled to speak at the Credit Suisse Virtual Financial Services Forum on Thursday, February 25, 2021 at 12:10 P.M. Eastern Time.
A live webcast of the fireside chat and materials used during investor meetings will be available under the investor section on Mr. Cooper Group’s website, www.mrcoopergroup.com. A replay of the webcast will be available shortly after the event and will be available through March 10, 2021.
About Mr. Cooper Group Inc. ( COOP
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)
Mr. Cooper Group Inc. ( COOP
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) provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper® and Xome®. Mr. Cooper ( COOP
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) is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies. For more information, visit www.mrcoopergroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210218006096/en/

Thanks for sharing this Hotmeat! It certainly provides clarity on the issue.

Thank You Cassie!

Link?

Also, Bop/CSNY has been quoted as implying that she is finished with her efforts (appeal), and will not be pursuing it any further! So any remaining time in which she might further continue her appeal becomes irrelevant.
IMHO

Coop thus far is enjoying a pretty good day! It will be interesting to see how much they allow us to keep as we head towards market close later this afternoon.

Reminder - Monday is an NYSE trading holiday!!! Market will be closed!

What calendar are you looking at? All calendars that I’ve checked show Monday to be the 28th of December!!!
I think you should take another look at your calendar! :)

Merry Christmas to everyone! May everyone enjoy a safe, healthy, and joyous holiday season! And may all of our escrow expectations be fulfilled- very soon! Lol :)

PCT LTD Reports 640% Increase in 2020 Q2 Revenue Over Last Year, Provides Shareholder Update
September 2, 2020, 9:33 AM EDT
LITTLE RIVER, S.C.--(BUSINESS WIRE)--PCT LTD (OTC Pink: PCTL) has filed its a 2020 Second Quarter 10-Q report for the period ending June 30, 2020, and is providing this shareholder update on statistical facts from that filing. Highlighting the filing, PCTL is excited to report $881,172 in revenue for the second quarter; a 640% increase over the same period in 2019. The company welcomes shareholders to view the complete filing at www.sec.gov or by following the Investor Relations link on www.para-con.com. However, selected highlights include, but are not limited to:
Over 85% increase in total current assets YTD
Over 640% revenue growth over the same period in 2019
$1,153,354 YTD revenue compared to $314,819 for first 6 months of 2019 (266% increase)
Accounts Receivable increased to $319,128 compared to $127,660 in Q1 of 2020 (an increase of 150%) and $121,129 in Q2 of 2019 (an increase of 163%)
Net loss $213,073 compared to $408,535 over the same period in 2019 (improvement of more than 47%)
Diluted Net loss Per Share of 0.00 compared to (0.07)
Revenue Increases by 640% over Q2 of 2020
The company posted revenues of $881,172 in the second quarter, representing a 640% increase over the same quarter in 2019 and a 223% increase over Q1 of 2020. The total amount of revenue generated represents an all-time high for PCTL.
The company is reporting across the board increases in revenue generating activities, including product sales, equipment leases, and licensing fees. The largest increase comes from sale of products, including the company’s flagship Hydrolyte® disinfectant (US EPA registration 92108-1).
“We are continuing our growth and expansion plans on all fronts,” says PCTL CEO Gary Grieco. “We worked hard to achieve this record quarter and look forward to building on this success in Q3 and throughout the rest of 2020 and beyond.”
“We’re excited to finally get these numbers out,” says PCT Corp. President Bill Prince. “It has been a busy year for us. The momentum that began in late March has continued, and we’ve been able to build on our success with more distributors, fluid sales, and Annihilyzer® placements, including the 5 we recently released news about. We’re firing on all cylinders and our AR increases reflect that growth.”
The company recently added a new distributor to their growing network and announced the placement of 5 additional rack-mounted Annihilyzer® Infection Control Systems to an existing NYC hospital client. The company is preparing for additional machine installations throughout the rest of 2020 and plans on adding additional distributorships as well.
“We don’t plan on slowing down,” adds Prince. “We will continue to add distribution partners in key geographic regions in order to increase our footprint and continue to gain market share in our industry.”
Shareholder Value
The company remains committed to increasing shareholder value. The company is reporting diluted net loss per share of 0.00 in Q2 2020, representing an improvement over the previous quarter as well as the same quarter of 2019.
“We continue to appreciate the patience and trust of our investors,” says CEO Gary Grieco. “We know the last few months have been a bit rocky at times and we thank everyone for their patience and understanding. We remain committed to increasing shareholder value and are taking multiple steps on those fronts.”
The company anticipates releasing further updates at regular intervals going forward.