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~ That's A Good Question', In My Opinion ?, KKR Didn't Cash Out', KKR simply had the "COOP" BOD's Address The Shares' That Were Part of the "TOO MANY SHARES" That were reverse split in October of 2018' ~
... I posted the sequential links to that process, a while ago ... the numbers are undeniable'
I believe the company' ... "WMIH as symbol "COOP", ... cleaning that up ?, was an absolutely "excellent" move forward ... now with "COOP" showing the 75,000,000 shares available ?, would be accurate' ...
AZ
~ XOOM, Yes, Accumulated Interest Only, Per ESC Cusip Earned', That Is The Result and Conclusion of my own Study and Research, Using Judge Walrath's Reorganized WMI and Plan 7's Disclosure Statement as the Base Foundation' ~
Currently ?, ... WMIH as symbol "COOP" Is and has been percolating' to the upside, and again, Has Been for quite a long time as my available entry points ... Show' ... Yes ... Go COOP, Go COOP, Go COOP ... "COOP" Has Been the "Tell" ...
... I don't consider any of those big numbers or the 75/25 presentations or their support', ... I end any serious considerations quickly with the obvious "sloppy and poorly researched litigation losses', as well as a disregard for the original "WMI", then transitioned into the "WMIH Preferred Managing Subsidiary" ... how was all of that missed again ? ... I really DC' ...
In My Opinion, ... what is financially relevant is the "Debentures" were not "ABLE TO BE" tapped into, and the Court Approved Plan ?, was completed with WMI's Cash and Tax Refunds' ...
... The DTC's Issued ESC Cusip # 939ESC968' are the recipient of WMI's Poison Pill', The WMI Capital Trust's Liquidation Preference' ... WMI's Fixed Income Bonds, are not mentioned' ... Yes, I own everything, including the WMB Bonds, ... but I don't currently know, ever since latter 2018', how much is in the "WMIH Preferred Managing Sub', ... for an 84' or a 992' ... BUT ?, ... I can access the "Debenture" values' and their continuing interest earnings, ever since the "Liquidation Preference" was activated' at WMI's initial filing on 09/26/2008' ...
Oh, and to the "picked(s)', "d-uuuu-mmm-ie" ? ... the "Tell" in latter 2017' ? ... Was "TELLING" Everyone' ... duh', duh', and duh' ... smh' and LOL' every time that NOT TRUE', NDA baloney', is proffered' ... "Every One Was Told" ...
anyway' ... "Its all good" ... and ... "it is what it is" ... I simply don't recognize a serious losing litigation track record, along with any ad-hoc support groups of the same' ...
Here's a nugget' ... in OUR Legal System, ... IF', the Court accepts a Plaintiffs Submission ? (Kyle and the employee claimants, ... and then,"aya" ... To Not Respond as a "Defendant", is an automatic Loss) ... so lets not make to big of a deal over the UW's "Defendant" Responses' ... k ? ...
just sayin'
AZ
~ "COOP" Provided a sweet' and clean', $1,000,000.00 in Four (AZ's) Brokerage Accounts as "COOP" Passed the $38.00 pps ~
I haven't added it all up since, I simply smile as "COOP" continues to rise' ... within it's current and quite' "humorous" ... parameters'...
You've got to know when to hold 'em
(When to hold 'em)
Know when to fold 'em
(When to fold 'em)
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealing's done
~ and, CK, A Separate Answer, For an Entirely Separate "ISSUE" ~
Your DTC Individualized DTC's Issued ESC Cusips' ... All' have an individualized Cusip number assignment issued, because the ESC Cusips representation are specific to ones release submitted to be a part of Judge Walrath's Plan 7 for WMI's Reorganization and ones individual "Holdings" properly released at the time' ...
... Yes, They WILL BE Utilized to issue your returning "interest" still owed to you because WMI Reorganized, and paid off "everything" with WMI's Cash and Tax Refunds' ... that money used' ? ... would have made it to the equity positions' ... the interest earnings have continued to accumulate ...
anyway' ... everything is fine, ... it's simply won't have anything to do with the hundreds of billions of dollars being flippantly' bandied about', and surely will not accommodate any 75/25 shared ratios of distribution between the segregated Cusips' ...
anyway' for now ? ... Go COOP, Go COOP, Go COOP ...
AZ
~ Hello CK', I WILL NEVER RECOMMEND A "Buy, Sell, or a Hold" of "ANYTHING EVER, TO ANYONE', ... I Encourage "Everyone" to "Do Your Own DD', and Never, Never, Use Debt' ~
... The Reorganized WMI, now available on the NasDaq as symbol "COOP" has been no different' ... With extensive study of the Reorganized WMI's SEC Filings, I understood what was going on with WMIH and the Acquisition of NationStar and its Subsidiary's, ... I READ EVERYTHING I Could ... and figured out the "Process" that was initiated by KKR', to actually allow for the completion of NationStar's "Acquisition" ...
... Simply ... in 2017', WMIH DID NOT Have enough Cash and Shares to complete the "Acquisition" ?, and J Brey Would Not Budge ... So, ... ? ... KKR stepped things up, and made it possible for WMIH to get it done' ... absolute genius; in my opinion ... then ?, the Accelerated Filig', needed ? ... got "pushed" through right at the last moment' ... "go figure" ... right ? ...
... WMIH / now symbol "COOP" as the "Tell" Has Been My way of "telling" "EVERYONE" NOT TO SIMPLY, FOLLOW', question ol' AZ, and Most Important, TO DO YOUR OWN DD' ... READ The SEC site, and READ What was going on' ... the "Tell" ?, It's a gambling term', and gambling takes CASH' ... "IF ? one can figure out the "Tell", the winnings are yours for the taking'" ...
... WMI Reorganized, into WMIH could have easily collapsed ... But ? it didn't ...
... the distractions and delays, have not been kind to the ABS-Certs' ...
I hope that helped explain ... again, ... COOP in the mid $40.00s with only 75,000,000 shares available ? ... is humorous' ...
just sayin'
AZ
~ symbol "COOP" in the mid $40.00's ?, with only 75,000,000 shares showing available ? ... is humorous' ~
... obviously knowing how symbol "COOP" actually came into being' ... by way of the SEC Filing Submissions', and KKR's Actions' ... has created an obvious investor's ... "money maker" ...
~ Know What You Own ~
... there's still quite a lot of sloppy, incomplete, zero researched, and guessing going on' ... disregard 100% of it'
~ Watch The NewCo (WMIH, as symbol COOP) It Is The "Tell" ~
~ The BOD's Are Running the Company ~
... "The Following Are Investor Position Entry Points That Have Been Available" ... to "Everyone" ... and' ... "Everyone" was told' ...
OT, ... November of 2021', Extremely Relevant Changes, are "Directive" Made, to the WMB Note's ...
===========================
Nov 01, 2021 44.08
Oct 01, 2021 41.34
Sep 01, 2021 39.00
Aug 01, 2021 36.78
Jul 01, 2021 33.24
Jun 01, 2021 34.84
May 01, 2021 34.57
Apr 01, 2021 34.79
Mar 01, 2021 32.43
Feb 01, 2021 27.22
Jan 01, 2021 31.46
Dec 01, 2020 27.07
Nov 01, 2020 21.54 ~ shhhh', revealed privately and only to a few friends, AZ Opened a Fourth Brokerage Account and Loaded It With MORE' "COOP" @ $23.90 in mid November of 2020 ~
Oct 01, 2020 22.39
Sep 01, 2020 18.18
Aug 01, 2020 16.61
Jul 01, 2020 12.44
Jun 01, 2020 11.17
May 01, 2020 9.70
Apr 01, 2020 6.86
Mar 01, 2020 12.83
Feb 01, 2020 12.51
Jan 01, 2020 12.54
Dec 01, 2019 13.45
Nov 01, 2019 12.89
Oct 01, 2019 10.63
Sep 01, 2019 8.67
Aug 01, 2019 8.01
Jul 01, 2019 8.07
Jun 01, 2019 7.61
May 01, 2019 8.45
Apr 01, 2019 9.61
Mar 01, 2019 13.77
Feb 01, 2019 15.38
Jan 01, 2019 11.51
Dec 01, 2018 15.25
Nov 01, 2018 14.41
Oct 11, 2018 1:12 Stock Split
Oct 01, 2018 16.68
Sep 01, 2018 18.12
Aug 01, 2018 16.56
Jul 01, 2018 16.32
Jun 01, 2018 16.20
May 01, 2018 16.56
Apr 01, 2018 17.04
Mar 01, 2018 15.36
Feb 01, 2018 11.40
Jan 01, 2018 10.32
Dec 01, 2017 10.08 AZ's ~ Watch The NewCo', It Is The "Tell" ~
Nov 01, 2017 10.08
Oct 01, 2017 12.00
Sep 01, 2017 15.00
Aug 01, 2017 13.80
Jul 01, 2017 15.00
Jun 01, 2017 13.80
May 01, 2017 17.40
Apr 01, 2017 17.40
Mar 01, 2017 16.20
Feb 01, 2017 18.60
Jan 01, 2017 19.20
===========================
just sayin'
AZ
~ GettnOuttaDet', Good Morning To You Also ~
... NO', IT WOULD NOT MATTER' ... Again, It Wouldn't Matter any time after the WMI Holding Company's Reorganization Was Implemented, (03/19/2012) and the actual Reorganized Company Began to "Trade" in the Public Market Place(s)' ... either as WMIHC, in the early days, then as WMIH, or now as symbol "COOP", which is obviously available to be purchased' or sold', on the NasDaq' Platform ...
Again, I've Also' Massaged My Own Holdings' a few times' ... And In Large Increments' ... I "Always" Believed in My Own DD' ... and have always considered the "Participations" in the Holding Company's Reorganization, and then the WMB Notes' as an eventual Positive' Financial Result, "with interest applied" ... NOW ?, BOTH Have Become "Obviously" Positive' and GOOD' ... Holdings and Shares of COOP' Are Obviously Rockin', and with the recent changes made' to my own WMB Note Holdings ? ... Oh My Goodness' ... This WaMu Was A Financial Monster' ...
... There Is NO Difference Between the Shares of the reorganized company, issued to you at the Plans Implementation, and all of the transitions that have occurred', ... and ... a purchase of COOP' as the Market Opens Tomorrow Morning' ? ... All shares, in the Company', are every bit as valid as those shares issued at the Plan's Implementation ...
"Good morning AZ, if I may,,, In your opinion, would it matter WHEN I bought my Coop shares? In my brokerage acct. it's set up for "First in First Out" (FIFO). I sold some of my Coop that I bought pre-seizure to get back my original investment so now I'm riding free shares. But over the years I've purchased shares in varying increments so I have x,xxx number. I'm concerned that my original shares from waaaaay back are now gone. And all I have are shares bought in just the past several years. Obviously I still have my xx,xxx escrows. Am I still good as far as any F&R payment? Thank you! Sure appreciate your take on this. jj"
I hope that was helpful ... "When" COOP makes an announcement, ... ALL "COOP" Position Holders Will benefit' ... (not to get to technical, which I tend to do, but as asigned to the applicable "shareholder of record assignment'")
"It's All GOOD" ... :)
AZ
~ As the Mr Cooper Group's "Process" Misconceptions and Interruptions Are (m-b') Continued', It Is The Recent "Changes" Made To The WMB Notes' That Is Extremely Encouraging, In My Opinion, as well as "COOP's" pps Increases', and Financial Moves Forward That Are Currently Happening' ~
As a "DIRECT" owner of WMB Notes, always, Finra Compliant', and having been vetted and an accredited investor, ... the "Directives" given to the Broker Handling My WMB Note Holdings Has Recently Changed' ...
... I assumed' (shame on me, even with information lacking', I should know better), my assumption was that JPMC would be taking over the WMB Note Responsibility as the Seized Bank, WMB completed its final transition from the FDIC to JPMC ... and the Receivership was finalized' ...
... Currently' and now Updated' in my own Account', ... That ? ... Is NOT THE CASE' ...
and, once footnote 2 is applied to the FDIC's balance sheet, referencing the WMB Senior and Subordinated Notes Claims' ... ? ... I can only shake my own head in amazement, at the lengths that have been gone to, to NOT Reveal the Actual "Process" ... (Footnote 2), Had the interest earnings and taxation requirements been applied to the "Claims", ? ... None Of Us Would Have "EVER" questioned a positive result' ... (shameful) ...
AZ
~ Raj, I Appreciate That Sentiment as Stated' ~
"Hi AZ, most people don't understand your post even they are clear. I know you have been stating that COOP is the tell for a long time. Frankly, I did buy some shares of COOP even I lost a bunch in WAMU so didn't want to take more risk. What you have been stating and then it was a common sense when COOP came down to 5ish during Covid, why not invest a little (I wished I hadn't sold too quickly but still kept some extra in my account). I understood COOP is the tell means shares of COOP but I guess not everyone understood that part."
... The WMI Holding Company's BK Docket Submissions, now, after the Judge Walrath Approved' Reorganization, and moving into the "Company's" SEC Filings, Have to be scrutinized Very, Very, Carefully ... The "Entire Process" has been methodically moving forward into the "COOP" positive results that are quite obvious, as one follows the pps moves forward' ever since the latter 2017', when I began posting to "Everyone" to ... and KKR was making sure that WMIH' was able to complete the "Acquisition" of NationStar' ... a genius move and a job well done by KKR' ...
~ Watch The NewCo, (WMIH now to COOP) It Will Be The "Tell" ~
... Without Judge Walrath's moves in 2011 and 2012, ... and then KKR's moves in 2017 and 2018', ... No One Would Need To Argue or Debate Anything' ... simply because the reorganized' NewCo', would have already collapsed' ...
anyway, Thanks' ...
AZ
~ Yes, That Would Be Accurate ~
"if I remember correctly, that in order for the debentures to be used as collateral, the accumulated interest on the uq escrows will have to be paid. Am I interpreting this correctly?"
... YES' ... the decision to use the "Debentures" continued and available debt collateral, to the present tense', is currently' up to the ... Mr Cooper Group's, BOD's ...
... The "Debentures" original debt support participant's ... were ALL Paid Off With' WMI Holding Company, "CASH" and Run-Off Notes', per the Implemented Plan for WMI's Reorganization ... the "Debentures" Were never touched, because they were NOT' a part of the WMI Holding Company's Bankruptcy Filings' ...
I hope That ?, was Clear Enough
AZ
~ Your Question Regarding a "COOP" Position', Is A Valid One' ~
"IF YOU HOLD ESCROW COMMONS, MUST YOU ALSO OWN $COOP SHARES IN ORDER TO RECEIVE ANYTHING" ... ? ...
... NO ...
"I sold my $COOP shares, but still have UQ Escrows. Am I left out in the cold?" ... ? ...
... NO ...
"Sorry to appear dense and obtuse here",
You are NOT either', There Have Been a Tremendous Amount of The Reorganized WMI's Moving Parts and (obvious) Misrepresentations' Over Many, Many, Years', ... as the "Process" Has Moved Forward' ...
I hope That resounding ... NO' ... was clear' enough' ...
AZ
~ ItsMyOption, Thank You For Your Considerations' Regarding WMIH and COOP of Course ~
- Re: A Requirement Aligned With The "Release of the Use" Of The Capital Trusts "Debentures" How would a forward split play into that?
... A Forward Split Wouldn't Play Into That ... The "Debentures" would merely provide collateral for additional debt offerings' ...
- Example if the BOD’s approve a 12:1 forward split than any pps above $4.17 would be above the #50 pps pre F/S. I do see the big players with all their inside info running the pps up $50 or higher to help in split as it would give more outstanding shares after split.
... Yeah, COOP's pps rising above $50.00 Is A No Brainer, In my opinion ... and ... I DO NOT See a forward of anywhere near that size happening, ... First ?, probably an action addressing the amount of shares that were improperly included in the R/S in October of 2018', ... I don't see a big number, ... maybe more than 1 forward as time moves forward as well ? ... We'll just have to wait & see' ...
- We currently have 75 million outstanding. Do you have a handle on how many shares the BOD’s would need after split to realign COOP to have full use of NOL’s? Even a 12:1 forward split would only get our outstanding shares up to 900 million – is that enough or do we need to get to 1.2 billion outstanding?
... hhhmmm, ... I would have to go back and look, but from memory, something like 416,000,000 million shares of WMIH before the reverse were R/S and should not have been included' ... 416,000,000 / 12 would be roughly 35,000,000 shares' ... So, ? ... maybe a 1.5 for 1 forward gets things back on a level playing field ... ? ... and a manageable 110,000,000 outstanding' ... But ?, I am always conservative' ...
I do feel strong that we will see many thing taking place BEFORE END OF 2021 as the big plays want the tax event in 2021 as taxes are going up for them next year. Hope it is before Christmas as I got some big gifts to give out$$$
... I Agree, Things are moving quickly now ...
I hope that answered my own views as associated with your questions' ...
AZ
~ That', Daily "Twisted", Yet Actually VERY' Accurate' Information, Is The Result of Very', In Depth Research and Study', The $50.00 NewCo's (now', symbol COOP) pps Is A Requirement Aligned With The "Release of the Use" Of The Capital Trusts "Debentures" as available and additional Debt Collateral to the Reorganized Company's BOD's ~
... my bad, ... as in many of my presentations, ... the m-b was not prepared for a reveal of that deep of research ... I'll use the linked' misunderstood, plr', as an additional recent' example' ... or, how about this ?, how was the "WMIH Preferred Managing Subs' SEC Available Information, Overlooked, Not Considered and' MISSED by the "aya" expeditions to nowhere' ? ...
Please Review ALL Of The Information,
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166620744
just sayin'
AZ
~ I "STILL" and Continue' To, Refer To The Use of Your DTC ESC Cusips' For An Eventual Return of the Interest Still Owed To You' per Cusip', due to the Holding Company's "Reorganization" In My Posts' ~
... So ... ? ... the Company's, Our Company's, as in ALL' Company's SEC Submissions Need To "ALWAYS" Be Considered' ... with ANY Investment' ... WMIH / COOP Files With The SEC' ... and uses the SEC's allowances' ... very, very, intelligently' ...
What went on ? ... In My Opinion ? ... Was Clear as a Bell', ... and ?, continues to be "CLEAR AS A BELL" as to what has occurred ever since the WMI Holding Company, ... "REORGANIZED" ... just take a moment and consider, where the misinformation, and delay support', has been coming from, it's been a lot of years' ... right' ? ...
The WMIH / COOP Entry Points "Available To Everyone", That I Have Recently Posted', Can Very Easily Be Fact Checked' ... "Participation" In WMIH, now symbol "COOP" ? ... For Many, Many, Years, ... Has Been A "CHOICE" ...
~ Watch The NewCo, WMIH / COOP. It Is The "Tell" ~ ... Yes, Presented' "Openly" Ever Since latter 2017' ...
just sayin'
AZ
~ How COULD' ?, the Information Being Presented, That it would be ... ~ "The NewCo, The NEW "Company" ... WMIH / "COOP" That Would Be the "Tell" ~ ... and Posted Here', Since latter 2017' ... Ever Be Confused With The Interest Recovery Coming Back, and To The Use of the DTC's Issued Individualized ESC Cusips' ? ~
... I only agreed with the probable coming of a "WMIH" / COOP's, "Another / Additional Acquisition" ... My presentations, over numerous years' are very' easily fact checked' ...
Again, Here Is A List of Entry Points That Have Been Available to "Everyone" ... which is very easily verifiable' ...
===========================
Nov 01, 2021 44.08
Oct 01, 2021 41.34
Sep 01, 2021 39.00
Aug 01, 2021 36.78
Jul 01, 2021 33.24
Jun 01, 2021 34.84
May 01, 2021 34.57
Apr 01, 2021 34.79
Mar 01, 2021 32.43
Feb 01, 2021 27.22
Jan 01, 2021 31.46
Dec 01, 2020 27.07
Nov 01, 2020 21.54
Oct 01, 2020 22.39
Sep 01, 2020 18.18
Aug 01, 2020 16.61
Jul 01, 2020 12.44
Jun 01, 2020 11.17
May 01, 2020 9.70
Apr 01, 2020 6.86
Mar 01, 2020 12.83
Feb 01, 2020 12.51
Jan 01, 2020 12.54
Dec 01, 2019 13.45
Nov 01, 2019 12.89
Oct 01, 2019 10.63
Sep 01, 2019 8.67
Aug 01, 2019 8.01
Jul 01, 2019 8.07
Jun 01, 2019 7.61
May 01, 2019 8.45
Apr 01, 2019 9.61
Mar 01, 2019 13.77
Feb 01, 2019 15.38
Jan 01, 2019 11.51
Dec 01, 2018 15.25
Nov 01, 2018 14.41
Oct 11, 2018 1:12 Stock Split
Oct 01, 2018 16.68
Sep 01, 2018 18.12
Aug 01, 2018 16.56
Jul 01, 2018 16.32
Jun 01, 2018 16.20
May 01, 2018 16.56
Apr 01, 2018 17.04
Mar 01, 2018 15.36
Feb 01, 2018 11.40
Jan 01, 2018 10.32
Dec 01, 2017 10.08 ... AZ's, ~ Watch The NewCo', It Is The "Tell" ~
Nov 01, 2017 10.08
Oct 01, 2017 12.00
Sep 01, 2017 15.00
Aug 01, 2017 13.80
Jul 01, 2017 15.00
Jun 01, 2017 13.80
May 01, 2017 17.40
Apr 01, 2017 17.40
Mar 01, 2017 16.20
Feb 01, 2017 18.60
Jan 01, 2017 19.20
===========================
AZ
~ "WMIH / COOP's" DD Needs To Be Complete', Picking and Choosing What Simply Sounds Good' ?, and Supports a View' ?, IS A WASTE OF EVERY INVESTORS' TIME' ~
... ABS' Certs' ... ARE NOT ABLE TO BE, Acquired for continued management, unless 2 Specific' Things have occurred' ... FIRST', the Original "Base Value" of the Certs' Original Participation" ... Needs to have been diminished to 10%, or Less', of its original producing "Base Value" value, ... AND' ... SECOND' The ABS-Certs "Trustee" Has To Agree To Transfer the "Remains" (again 10% or less) ... to another servicing entity' ... the Understanding of the functionality of an ABS-Cert is a requirement' ...
... IF' ... One actually took the time to review what actually pertains to OUR WMIH, symbol "COOP" Recovery ?, in lieu of looking at everything "else" under the sun, that DOESN'T MATTER, ... ? ... A Great Majority of the original ABS-Certs, have Now over the years, diminished to a ZERO Value, as well as Many of the remaining Certs are greatly diminished in value' ... home sales, refinancing, foreclosure, etc., etc., etc., ...
... In My Opinion ?, ... the "delays", enacted', to this current point in time, have been planned out and purposeful' ... Relevant DD', associated with WMI, now COOP' Rules The Day' ... other institutional debt offerings, do not matter to our recovery' ...
AZ
~ "Everyone" Was Told To, ~ Watch The NewCo' (WMIH / COOP), It Would Be The "Tell" ~ At The End Of 2017 and Here' ... "What Was "Chosen" To Be Done With That Information ?, Was A Choice' ~
... disregard or worse, the messenger ? ...
... Twist' the messengers "posts" on a daily basis' or worse, blindly' listen to them ? ...
... be distracted by the 2019' "aya" expeditions to no where ? ...
... belief in the listed and promoted to continue the', "wmi-lt" financial results that were never going to be possible ? ...
... never let go of the 75/25 ratios of distribution, as well as the "Impossible Returning Numbers" ? ...
... Disregard what the company WMI, now to The Mr Cooper Group' and its BOD's, "MANAGED", "OWNED" and CONTROLLED', Both' Past and Present tense ? ...
I've studied Plan 6 Extensively, ... ~ Understand Plan 6 "Participate" In Plan 7 ~ ... and' ... there are NO OTHER TRUSTS" associated with the WMI Holding Company's BK, and subsequent "Implemented" Plan of Reorganization ... NONE' ... That IS NOT what the GSA between WMI and the FDIC stated' ...
... OR' ? ...
Actually have a fundamental basis of knowledge of the Holding Company's BK Process, and then moving into the Newly Reorganized WMI, ... First Into WMIHC and then into WMIH, name changed to the Mr Cooper Group, trading as symbol "COOP" ... completing the Acquisition of NationStar and its Subsidiary's, with KKR's Help in 2017 and 2018 ...
In My Opinion, ... An "ACTIVE" Position in "COOP" will be necessary to benefit from what "COOP" has coming, and is coming very' soon' ... I agree with JWW, that it is probable that another "Acquisition" is on the VERY NEAR Horizon' ... as well as a Forward' ... again, too many shares were revesed in October of 2018', so in my opinion, the current 75,000,000 outstanding share count, will be changed' ...
The WMIH Preferred Managing Sub' ? ... (the 992's and the 84's) Has NOT Had any loans added to anything ever since 2006' ... and It's Funding Has Been Used for the Paying the Run-Off Notes, and KKR's 3% CASH Quarterly Coupon' ... So, ... ? ... just saying' ...
The WMI Capital Trust, and its "Debentures" Have Always Been Kept Separate' ... the 968's ...
Only any interest withheld from a distribution, will be coming back, in my opinion, because WMI "Reorganized" and used ALL CASH and its TAX Refunds to complete the Courts Allowed Creditor Payments' ... NOW ALL DONE ...
... Lots of "Twists" every day, ... ? ... however, to those that actually read what I have tried to portray for many, many, years ... those "Twists" become irrelevant' ...
Have A Great Day Everyone' ... This Is Coming To A "Head" and a seat on the money bus, needs a "Position" In "COOP" as a "Ticket", ... and the DTC's ESC Cusips, will be utilized as the Interest Is Released, per the "Disclosure Statement" ...
~ Understand Plan 6 "Participate" In Plan 7 ~
~ Do Your Own DD ~
~ Know What You Own ~
~ Watch The NewCo, WMIH / COOP, It Is the "Tell" ~
and again, a list of WMIH / COOP Entry Points That Have Been Available' to "Every One" ... for quite a number of years' ...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166636640
Yes, I'll receive an interest recovery for my released 992's, 84's and 968's ... as well as for my WMB Notes' after the recent changes and the application of FootNote 2' from the FDIC's Balance Sheet, ... However, ... For This Coming Monday ? as the Market Opens NY Time' ? ... "WE" Move Forward ? ... Go COOP, Go COOP, Go COOP' ...
just sayin' :)
AZ
~ The Purchaser's Of The "Debt Offering" Were Pre-Determined ~
Mr Cooper Group, (Exact Name of Registrant as Specified in Charter)
https://www.sec.gov/ix?doc=/Archives/edgar/data/933136/000119312521320180/d250768d8k.htm
“Initial Purchasers” means (1) with respect to the Notes issued on the Issue Date, Morgan Stanley & Co. LLC, Barclays Capital Inc., BofA Securities, Inc. and J.P. Morgan Securities LLC and (2) with respect to each issuance of Additional Notes, the Persons purchasing such Additional Notes under the related Purchase Agreement.
"The net proceeds from the Offering will be used for general corporate purposes, including, without limitation, the purchase of mortgage servicing rights"
=========================
So, Lets See, ... $600 Million ? ... specifically issued by the "Registrant" ? ... to a pre-determined group, ? ... BOTH' Reg S and Rule 144(a) ... ? ...
... Aren't Any "COOP" Investor Bells Going Off ... ? ... beyond AZ's ? ... ? Ding' Ding' Ding' ? ... (The Answer ? Should Be Obvious') ... Go COOP' ... Go COOP' ...
just sayin' :)
AZ
~ Now, "Investors" In The Company, (no whiners), Apply the SEC Filing Sequenced', WMI to WMIH, Name Changed To "The Mr Cooper Group" as symbol "COOP"(s) "Corporate Structure", This IS' The Mr Cooper's SEC Submitted' "Registrant", I've Posted About "COOP"s "Corporate Structure" and the use of "The SEC Registrant" Many, Many, Times' ~
... "Nationstar Mortgage Holdings Inc. (the “Issuer”), a wholly-owned subsidiary of Mr. Cooper Group Inc. (the “Company”)," ...
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
SECTION 12.03. Restricted Subsidiaries. The Issuer shall cause any Restricted Subsidiary required to guarantee payment of the Notes pursuant to the terms and provisions of Section 10.15 to execute and deliver to the Trustee a supplement to this Indenture substantially in the form of Exhibit A hereto in accordance with the provisions of Article Nine of this Indenture pursuant to which such Restricted Subsidiary shall guarantee all of the obligations on the Notes, whether for principal, premium, if any, interest (including interest accruing after the filing of, or which would have accrued but for the filing of, a petition by or against the Issuer under any Bankruptcy Law, whether or not such interest is allowed as a claim after such filing in any proceeding under such law) and other amounts due in connection therewith (including any fees, expenses and indemnities), on an unsecured senior basis, together with an Officer’s Certificate stating that such supplemental indenture is authorized or permitted by this Indenture. Upon the execution of any such amendment or supplement, the obligations of the Guarantors and any such Restricted Subsidiary under their respective Guarantees shall become joint and several and each reference to the “Guarantor” in this Indenture shall, subject to Section 12.08, be deemed to refer to all Guarantors, including such Restricted Subsidiary. Such Guarantee shall be released in accordance with Section 8.03 and Section 12.08
... WE', The (or, ALL') "COOP" Active Position Holders, ... Are Setting Up For A Positive Move Forward' ... This should now adjust the Predecessor / Successor Accounting' Allowances, used while the BK's were still active', ... and clear the way' ...
~ Know What You Own ~
AZ
~ Gettin Otta Det', I Know Right ?, Been Takin' (sh')-"It" For Years' ... However' Now ? ... The Reorganized WMI, now into WMIH as symbol "COOP", Is The Obvious PROOF In The Puddin' ... The NewCo', now symbol "COOP" Was Always Going To Be the "Tell" ~
Yes, Thanks to Judge Walrath in 2011 and 2012, ... and' ... Thanks to KKR', for their amazingly creative actions taken', in 2017 and 2018' ...
... In My Opinion, ? ... I still believe that "COOP" will enact a forward' from the current 75,000,000 shares out', which will affect ALL EXISTING "COOP" Position Holders, ... and the ... Individualized' DTC issued ESC Cusips will receive any of the interest still owed, per Cusip', to an original releasing participant, simply because WMI Was Reorganized', and used ALL CASH and TAX REFUNDS, To Pay off the Courts Allowed Creditors' ...
... I View This Entire Process', As ALL TOTALLY 100% GOOD' (plus interest LOL) ... and, the Recent Directive' Information Regarding the WMB Notes ?, ... Is "Oh My" Simply Staggering' ... WOW', Just WOW' ...
Have A Great Day' ...
AZ :)
~ "clever enough" ?, Is One Difference Between the "Haves" and the "Have Not's", in the Good Ol' USA', ALWAYS DO YOUR OWN DD', NEVER EVER USE DEBT', and never, never, ever, follow', ... Go COOP', Go COOP', ... Many Believe ?, "COOP"s pps Will Keep On Rising' ("me included") ... (Yeppers, "Having" Money" ?, Is Better') ~
... LOL' ... "Corporate Structure" ... "Everyone" Was Told'
just sayin' :)
AZ
~ LOL', Take A Quick L@@K', @ "COOP's" Entry pps' Available', For March, April, and May of 2019 ? ~
"COOP's" Entry Point pps That Was "Easily" Available', To "Everyone",
May 01, 2019 $8.45
Apr 01, 2019 $9.61
Mar 01, 2019 $13.77
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166636640
So, Which was a better investment, a "donation" to the "aya" losing expedition to nowhere ?, ... or, an add of "COOP" Shares', Now $40.00 plus and destined to rise' ... LOL' ...
Yeppers, ... as stated', sloppy, sloppy, sloppy, and very poorly researched' ... LOL' ...
just sayin'
AZ
~ Woody', Yes The Available Reorganized WMI, now WMIH / as "COOP" Entry Point Data', Actually Since mid-2012 when WMIHC' @ 1/2 of Cash was available ?, ... Are Truly' ... "Amazing" ... This is the Investors' "Market Place" ... The potential to get "burned" is always a part of it' ... WMIH / as COOP since the 03/19/2012 Implemented Plan, was no different' as any other investment' ... DD Rules The Day' ...
I simply understood, and posted about', ... the BK Segregated WMI Capital Trust, ... the WMI Subsidiary Network that Judge Walrath "Would Not" allow into the Holding Company's Filing, ... and the Indentured Trustee Submissions to Judge Walrath, which lead to rosy's 2nd failing' ... I Studied All Of This Extensively' ... remember this ?, ... ~ Understand Plan 6 "Participate" In Plan 7 ~ ...
After my own research and study's, ?, I have viewed the continued investing in WaMu' ... Yes, and at all WMI levels available' including the WMB Notes' ... ever since Judge Walrath's September of 2011's "Opinion" ?, ... as an investors opportunity ... having the funding to do that, I view as relative over this many years' ... I'm self made, since Nam', so being wealthy doesn't embarrass me', ... an investment becomes a case of "choice" ... this one ? Has Turned Into A Winner' ...
The Litigation Delays, did not distract me, ... ALL' are now out of the picture' ...
As stated, I'm a vetted accredited investor', OG if you will, No Debt', NO Margin' "EVER", ALL CASH' "ALWAYS" ... and I would consider buying any company that has financial promise' ... This ?, WMIH / COOP has promise' ... Obviously' ... no emotion ever', just strait up investing' ... Again, The Following Data Regarding WMIH / as "COOP" ? Reveals A Good Investment' ... And, "COOP" Is Earmarked to go "Higher" By Many' ... I crossed a million dollars in WMIH / COOP profit when "COOP" crossed $38.00 pps' ... Go COOP' ... right ? ...
... "WMIH" / now "COOP" Examples of Available Entry Points Since latter 2017', When Everyone Was Told, and Here' to ... ~ Watch The NewCo' It Is The "Tell" ~
the 12/1 is already factored in' to these entry points' ... Quarterly Closing pps' ... And, As I Have Posted "here" since latter 2017', There have been lot's and lot's of opportunity's ? ... So' ? ...
===========================
Nov 01, 2021 44.08
Oct 01, 2021 41.34
Sep 01, 2021 39.00
Aug 01, 2021 36.78
Jul 01, 2021 33.24
Jun 01, 2021 34.84
May 01, 2021 34.57
Apr 01, 2021 34.79
Mar 01, 2021 32.43
Feb 01, 2021 27.22
Jan 01, 2021 31.46
Dec 01, 2020 27.07
Nov 01, 2020 21.54
Oct 01, 2020 22.39
Sep 01, 2020 18.18
Aug 01, 2020 16.61
Jul 01, 2020 12.44
Jun 01, 2020 11.17
May 01, 2020 9.70
Apr 01, 2020 6.86
Mar 01, 2020 12.83
Feb 01, 2020 12.51
Jan 01, 2020 12.54
Dec 01, 2019 13.45
Nov 01, 2019 12.89
Oct 01, 2019 10.63
Sep 01, 2019 8.67
Aug 01, 2019 8.01
Jul 01, 2019 8.07
Jun 01, 2019 7.61
May 01, 2019 8.45
Apr 01, 2019 9.61
Mar 01, 2019 13.77
Feb 01, 2019 15.38
Jan 01, 2019 11.51
Dec 01, 2018 15.25
Nov 01, 2018 14.41
Oct 11, 2018 1:12 Stock Split
Oct 01, 2018 16.68
Sep 01, 2018 18.12
Aug 01, 2018 16.56
Jul 01, 2018 16.32
Jun 01, 2018 16.20
May 01, 2018 16.56
Apr 01, 2018 17.04
Mar 01, 2018 15.36
Feb 01, 2018 11.40
Jan 01, 2018 10.32
Dec 01, 2017 10.08 ... AZ's, ~ Watch The NewCo', It Is The "Tell" ~
Nov 01, 2017 10.08
Oct 01, 2017 12.00
Sep 01, 2017 15.00
Aug 01, 2017 13.80
Jul 01, 2017 15.00
Jun 01, 2017 13.80
May 01, 2017 17.40
Apr 01, 2017 17.40
Mar 01, 2017 16.20
Feb 01, 2017 18.60
Jan 01, 2017 19.20
===========================
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166632608
Again Simply', "Everyone" Was Told and Told Here', At The End of 2017' and beyond, That It Would Be The "NewCo" the Reorganized WMI', to WMIH now to "COOP" That Would Be "The "Tell"
What was chosen to be done with that research' ?, was as always a choice', ... make fun of the messenger or worse', ... go off on the "aya" expedition to nowhere', ... etc., etc., etc. ... However, ... "Everyone" was notified in time to replace, rebuild, or increase, a financially positive position in "COOP" ...
... "WE" Move Forward ... Go COOP', Go COOP', ... Go COOP' ...
just sayin' :)
AZ
~ XOOM, You Are Welcome Brother', I'm Glad You Responded Back' That it' Was Helpful To You', ... Yepperini', ... "WMIH / "as COOP" is rockin along, its doing its thing, ... and, I'm not the only one that believes, This "COOP" Is Going To Keep On Going', Go "COOP" ~
... Yeppers, I'm One Of The "Believers" in WMIH / COOP' ... I also believe that the current 75,000,000 shares out, will experience a forward, since Too Many shares were reversed back in Oct of 2018', ... I posted the sequential links to all of that a few weeks ago' ... anyway' ... so, my COOP positions, as well as Everyone Elses', that holds a Position In "COOP", will be a part of that event', when it happens' ...
The WMB Note Issue I just posted about ? is huge, ... huge', ... huge' ... especially when applying footnote 2' on the FDIC's Balance Sheet' ... shame on them' ... (the FDIC-R) ...
the 968's being a direct recipient of Point Three of WMI's Capital Trusts "Debenture" Interest Production ? ... being accumulated ever since Sept 2008' ?, ... Yeppers, ... That's a BIG, BIG DEAL' ... Rock & Roll' to the owners of the 968's ...
There's Financially GOOD Reasons' ... Everywhere' ... when considering the Reorganized WMI' ...
anyhew' :)
AZ
~ Hello XOOM, Yes', But That ?, Is An Entirely Different Conversation, Than The Reality That' "Positions" In the NewCo', now Coop', Could Have Been Rebuilt, or Added To', Since I Reported To "Everyone" and Here', to ... ~ Watch The NewCo, WMIH / COOP' It Is The "Tell" ~ ... Back at the end of 2017', Giving "Everyone" an Investor's Opportunity' ~
Now Back To Your "Entirely Different" Question ? ... First and Foremost, although it always creates havoc ?, LOL' ... However, there never was any 75/25 ratios of division for the returns, ... Just to keep things simple, that is one of the reasons that there were three separate DTC ESC Cusips Issued' ... beyond a few other reason', ... however, ...
So, you are asking me specifically about a set of a million released wamuq's ... which "should be" designated in your account by your DTC Issued Cusip Number 939ESC968' ... Now, here's the deal ... the common shares' or the 968's are a direct dierivative of "Ownership" of the Actual WMI Estate' ... (now reorganized of course) ... The 968's are ALSO' a direct derivative of the "Debentures" held within the WMI Capital Trust, That "WAS NOT" a part of the WMI Holding Company's BK's ... So, per the Disclosure Statement', the Capital Trust's "Debentures" have continued to earn interest @ .05375 since it went into its Liquidation Preference, when WMI Filed for BK' ... so, since 09/26/2008' ...
Now, this begins to get bothersome' for sum' to acknowledge ?, ... yet its on the Docket', and it's in the SEC submissions' also ...
the P's (a 992) and K's (an 84) are different, ... these are WMI Issued Fixed Income Bonds, ... and have been able to be tracked post the reorganization by way of the ... "WMIH" Preferred Managing Subsidiary' ... inbound funding in the sub, was used to pay the Run-Off Notes, as well as KKR's 3% quarterly "Cash" coupon ... So, That ?, coupled with any relevant income production, is an unknown ... the delays have not been helpful, ...
So, ... Commons' Released or Cusip # 939ESC968's Are different merely due to the fact that as a direct derivative of Ownership of the Company', ... the 968's are also a direct derivative of the "Debentures" ... and' ... Point Three of the WMI Capital Trusts' "Liquidation Preference" ... These issues are spoken of within the BK Docket, directly between the Indentured Trustee and Judge Walrath Herself' ... those filings and conversations on the Docket' ?, were very interesting, however, they needed to be read' ... (just sayin') ...
In My Opinion, ... ? ... always remembering that "frank-stein" never actually hurt the little girl, yet the torches & pitchforks were uncontrollable' ... LOL' ... sorry, I couldn't help myself' ... the (trackable) WMIH Preferred Managing Sub ?, has been diminishing as the use of its funding, the delays and time taken, has taken its toll', ... while the "Debentures" have continued to function as usual', never considered within the BKs, never touched, and never accessed' ... just a rockin along' ... earning interest to be returned to an original "stockholder", point three', ... which are the holders of the Cusip # 939ESC968's ... boo-yaaa ...
anyway, ... :) ... just sayin'
why do people find a need to answer for me, when I am specifically asked a question ? ... what's up with that' ? ... "SMH" ...
AZ
~ "WMIH" / now "COOP" Examples of Available Entry Points Since latter 2017', When Everyone Was Told, and Here' to ~ Watch The NewCo' It Is The "Tell" ~
the 12/1 is already factored in' ... Quarterly Closing pps' ... And, As I Have Posted since latter 2017', There have been lot's and lot's of opportunity's ? ... So' ? ...
===========================
Nov 01, 2021 44.08
Oct 01, 2021 41.34
Sep 01, 2021 39.00
Aug 01, 2021 36.78
Jul 01, 2021 33.24
Jun 01, 2021 34.84
May 01, 2021 34.57
Apr 01, 2021 34.79
Mar 01, 2021 32.43
Feb 01, 2021 27.22
Jan 01, 2021 31.46
Dec 01, 2020 27.07
Nov 01, 2020 21.54
Oct 01, 2020 22.39
Sep 01, 2020 18.18
Aug 01, 2020 16.61
Jul 01, 2020 12.44
Jun 01, 2020 11.17
May 01, 2020 9.70
Apr 01, 2020 6.86
Mar 01, 2020 12.83
Feb 01, 2020 12.51
Jan 01, 2020 12.54
Dec 01, 2019 13.45
Nov 01, 2019 12.89
Oct 01, 2019 10.63
Sep 01, 2019 8.67
Aug 01, 2019 8.01
Jul 01, 2019 8.07
Jun 01, 2019 7.61
May 01, 2019 8.45
Apr 01, 2019 9.61
Mar 01, 2019 13.77
Feb 01, 2019 15.38
Jan 01, 2019 11.51
Dec 01, 2018 15.25
Nov 01, 2018 14.41
Oct 11, 2018 1:12 Stock Split
Oct 01, 2018 16.68
Sep 01, 2018 18.12
Aug 01, 2018 16.56
Jul 01, 2018 16.32
Jun 01, 2018 16.20
May 01, 2018 16.56
Apr 01, 2018 17.04
Mar 01, 2018 15.36
Feb 01, 2018 11.40
Jan 01, 2018 10.32
Dec 01, 2017 10.08 ~ Watch The NewCo', It Is The "Tell" ~
Nov 01, 2017 10.08
Oct 01, 2017 12.00
Sep 01, 2017 15.00
Aug 01, 2017 13.80
Jul 01, 2017 15.00
Jun 01, 2017 13.80
May 01, 2017 17.40
Apr 01, 2017 17.40
Mar 01, 2017 16.20
Feb 01, 2017 18.60
Jan 01, 2017 19.20
===========================
just sayin'
AZ
~ Simply', "Everyone" Was Told Here, At The End of 2017' and beyond, That It Would Be The "NewCo" the Reorganized WMI', to WMIH now to "COOP" That Would Be "The "Tell" ~
What was chosen to be done with that research' ?, was as always a choice', ... make fun of the messenger or worse', go off on the "aya" expedition to nowhere', etc., etc., etc. ... However, ... "Everyone" was notified in time to replace, rebuild, or increase, a financially positive position in "COOP" ...
and that ?, ... is what it is" ... Also' ... Everyone was notified ?, and Notified In Time To Experience a Positive Result', as "WE" Move Forward ...
just sayin'
AZ
~ "bs ?,", Okay, I See Then', All DD and Investment Knowledge and Considerations', Regarding A Purchase and Then a Subsequent Sell, In An Effort To Make Income or Increase A Position, For Some Reason' ?, Somehow' Do NOT Apply To The Reorganized WMI' "Holding Company" ?, After It Was Court Allowed To Implement its Plan, Reorganize and then Trade ? ... First as WMIHC', then on to WMIH now as "COOP" ? ~
You'll have to excuse me, but I had no idea that this WMI' reorganized company, ... now currently WMIH as COOP' ? ... had any investor restrictions on it' ... I just did the DD', revealed most of what I was doing here, ... and rocked it out' ... now, with 4 accounts loaded with COOP', valued at over a million dollars when we crossed the $38.00 pps', a while back ... I told everyone that "WMIH / COOP" Was The "Tell" Way Back In latter 2017', So Has The pps' Increased since then or not ? ... after the fact ?, UH Nope, Nope Not Hardly' ...
Wow, ... so, while "waitin" ? ever since 2012' ? ... WMIHC, to WMIH, now symbol COOP has been seriously moving' forward ... "Fair and Equitable", is able to come in many forms' ... and making a profit is somehow "bs" ...
just sayin'
AZ
~ Get Paid ?, WMIHC Could Be Had At 1/2 Cash In Mid-2012, and went to $3.70 Plus, and then WMIH / "COOP" Available For $5.00 (ish) Just Early Last Year' ... These Are Just A Few Quick' Examples Of "MANY" Opportunity's To Use WMI's Reorganizations Investor Knowledge and Make Money' ... Right ? ~
~ Understand Plan 6 "Participate" In Plan 7 ~
~ Know What You Own ~
~ Watch The Newco' "COOP" It Is The "Tell" ~
~ NO', No 75/25, the "wmi-lt" Is Irrelevant, and "aya" provided losing presentations', ... and my favorite', rosy' Didn't Have The Power To Cancel Your DTC Issued ESC Cusips' ... what else over the years' ... ? ...
... WMIHC, to WMIH' now "COOP" Has Been Very, Very Financially Positive as an investment for me ... Thanks to Judge Walrath in 2011 and 2012, and then KKR Later On' ... But Then I was always completely sure that JPMC Could Not Acquire All That Was The Great WaMu, from the very beginning' ... (Yep, I Read The First Day Filings)
... How do you guys invest ? ... via mb's ? ... or, by Court Signed Docket Filings and then the SEC Submissions', after the Reorganization' ... ? ...
Is "COOP" all done @ today's pps ? ... that's humorous' ... it appears that NO ONE' believes "THAT" ... LOL' ... starting with "COOP"s BOD's ...
just sayin' :)
AZ
~ Hello ZOOM', I've Also Been In "Personal" Contact "over the years" With "Many" of the People Involved In Our "Process" Related to the WMI "Holding Company's" Reorganization, Now, As It Has Moved Forward Over The Years', and now, of Course' "WMIH" as symbol "COOP" ~
and, I have received direct information that the "wmi-lt" has followed Judge Walrath's Court Order(s) to the literal and specifically' ... and that the "wmi-lt" HAS NOT breached any Federal Legality's by NOT Reporting "EVERYTHING" to the Federal Court and to Judge Walrath' ... and' ... as directly and verbatim as I'm able to type' ... (I've posted this before') ...
specifically per the "wmi-lt" ... "The Washington Mutual Inc., Chapter 11 Estate Is Without Value" ...
Let's get with the actual program at hand, as Docket Reported and as now also SEC Filing Supported by WMIH as COOP' ... and stop, stop, stop, believing in what is not possible and is not coming ... the "wmi-lt" Is Financially Done', the "wmi-lt" Followed Judge Walrath's Court Order(s) ... the "wmi-lt" held nothing back, or withheld any knowledge or information, from Judge Walrath, ... period' ...
... an active position held in the Reorganized WMI', now WMIH / "COOP" Has Been and IS' an investors growth opportunity' ... That ? should be obvious to "everyone" with a simple review going back a few years' ...
... the individualized by separated Cusip Number' issued', DTC' Issued ESC Cusips' ? ... will return any "Cusip Specific", interest earnings withheld from a releasing participant', simply because ... "WMI REORGANIZED" ...
I have been consistent, ... over many, many, years now in an effort to reveal the "Process" to everyone, ... without ever actually recommending a "Buy, Sell, or a Hold" ... that should always be an individual's decision based on their OWN DD' ...
"it will be okay" ... but ? ... "It Is What It Is"
just sayin' :)
AZ
~ The Recent (PLR) "Private Letter Ruling" Has ZERO' To Do With, the "wmi-lt", WMIH, "COOP" or Anything Else of "Our" Concern', This Is WMIH "COOP" BOD's Concern, and has also already been SEC Filing Reported' ~
... I surely hope that no one is hanging their hat on those' sloppy and incomplete assumptions' ... ? ...
I've posted this before, ... a thorough review of that recent PLR, concludes that this PLR is referencing the closing of WMMRC' ... and DOES NOT have anything to do with the "wmi-lt" ...
This recent', PLR Has ZERO To Do With, the "wmi-lt", the WMI Reorganized, "Holding Company", WMIH "COOP", or, the DTC issued ESC Cusips ...
And, As Also SEC Filing Reported, ... This PLR is referencing the Closing of WMMRC', ... WMI's PMI Insurance Provider' ...
https://www.irs.gov/pub/irs-wd/202044002.pdf
"Based on the information submitted and the representations made, we conclude that the conditions of Rev. Proc. 94-45 have been satisfied. Accordingly, based on the representations made and the information submitted, we rule that Trust is classified for federal tax purposes as a liquidating trust under § 301.7701-4(d) and the extension of Trust’s term to Date 7 will not adversely affect that determination"
Now, A Simple reading and an actual review of the "Conclusion" referenced, Rev. Rule. 94-95, provides the true reference to the closing of WMI's PMI Insurance Provider, WMMRC' ...
Rev. Rul. 94-45
Insurance companies; transfer to corporation controlled by transferor. An assumption reinsurance transaction that is used to effectuate a transfer of insurance and annuity contracts as part of a section 351 exchange is not subject to the provision of sections 803 and 805 of the Code, and sections 1.817-4(d) and 1.848-2 of the regulations. Rev. Rul. 75-382 revoked.
===========================
turn the page', ... Come On Already, ... this, sloppy research', was just another irrelevant, and misrepresented' rabbit hole' ... reminds me of "aya", etc, ...
just sayin'
AZ
~ XOOM, WMIH / as "COOP", Is A Current and Present Tense Direct Derivative of the Reorganized WMI Holding Company', I Have Been Revealing The "Process" to "Everyone", Ever Since Latter 2012' ~
... Yes, .. If You Purchase A Share Of "COOP" Today, ... You will obviously benefit from any pps increases or losses' as the case may be' ... as well as any "COOP" BOD' decisions to enact a forward, issue a dividend, etc. ...
Judge Walrath's Plan 7's "Releasing Legacy" received shares in the newly Reorganized Holding Company' ... "Honest" Due Diligence to what those shares would financially mean, was up to the individual recipient' ... That's when I believed that ... ~ Know What You Own ~ ... became so very important' ...
... There have been many opportunity's to maintain, add to, or build back a position', possibly lost due to "Life" tolls over many years now' ... the delays and length of time this has taken, have also been, way, way, "over the top" ... right ? "employee claimants', "aya", "rosy of course". and combined company and support' ? ...
Waiting on the DTC to distribute any interest withheld, is also what still needs to be done, ... NO ONE has control over the DTC's Timing' ...
However, ... as I have been posting for many, many years now, ... ~ Watch The NewCo, WMIH now "COOP" It Is The "Tell" ~ ... and ... ~ Know What You Own ~ ... have been attempts for people to do their own DD', disregard the irrelevant, (there's been a lot of that) ... and make yourselves some money', as WMIH now COOP has been a powerful growth investment for quite a long time ...
anyhew' ... I truly hope everyone does well within reality' ...
just sayin' :)
AZ
~ You Are "ALL" Very Welcome "Guys", "WMIH / COOP", Will Continue to Financially Flourish to the Positive, There's Obviously More, Much, Much, More', To Come, and Yes, a Position In "COOP" Will Be Necessary To Benefit', From ALL' That Is Coming' ~
Honestly, The "Given" Brokerage' "Directive", That Would Have Been a "Legal Mandate" and Given to the Brokers' Regarding the WMB Note's ... "Threw Me" ... I had always "assumed" (Yes, I know, I should have known better' ... right ?) ... that the WMB Notes, and their Senior and Subordinated "Claims" that show on the FDIC site' (present tense), would be handled by JPMC', as WMB Finally Transitioned', From the "R" to JPMC' ... But ? ... That Is NOT THE CASE' as I was recently notified, Yes, as a vetted and an accredited investor, that "Direct" Owns and has always been "Finra Compliant" ... within' my own accumulation and current' holdings of WMB Notes' ...
... Yes, This recent development, ? ... Is A Big Deal ...
The "Process" Moves Forward' ... Go COOP', Go COOP', ... show me more, COOP' ...
just sayin'
AZ
~ "If ?" (when' imo), WMIH / "COOP" Does A Forward Split, (adjusting the current 75,000,000 million shares to a greater number of shares available'), Only Current & Existing "COOP" Position Holders Will Benefit', via "COOP's Transfer Agent, Computershare' ~
If ?, shares of COOP are issued via a forward split', only current position holders will benefit' ... period' ...
Current and Existing ESC Cusips Holders', be it a 992', an 84', or a 968' ... will benefit when the DTC issues any interest still owed per original released cusip' ... due to WMI's Reorganization ...
all of this continued "wmi-lt" bunk, ... the mistaken ownership possibility's, ... unrealistic returning numbers, ... has all been wrong' ... totally 100% dead wrong' ...
The WMB Notes, ARE NOT Going to eventually be handled by JPMC', ... although as they ARE GOING TO BE HANDLED, the Existing Senior and Subordinated WMB Note Claims, currently showing on the FDIC site against the FDIC, ... will dissipate' ... JPMC is not going to be involved in the senior and subordinated WMB Notes Claims' ... period' ... yes, it's a big deal ...
... Yes, The "Process" Moves Forward ... Go COOP', Go COOP', ...
~ Know What You Own ~
just sayin' :)
AZ
~ Thank You Judge Walrath (2011 - 2012), and Thank You KKR' (2017 - 2018), For Making This "ALL" Possible', Go COOP', Go COOP ~
yes, the timing was delayed and way to long, ... However, Yep, "Fair and Equitable" ... Rock On ... "COOP" ... Go COOP, Do Your Thing' ... There's MORE To Come ...
... "don't miss today's nugget" ... it' matters
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166591479
just sayin' :)
AZ
~ Here's "Another" WMI "Holding Company's" Reorganization, FDIC', WMIH / "COOP" as it moves forward', "Nugget" (This one ? is truly a "Golden Nugget" ~
the WMB Note' Senior and Subordinated "Claims", against the FDIC, Currently' Showing on the FDIC site', ... "Will Not" Be Handled By JPMC' ... Yes, the "WMB Note" Claims, Both the Senior and the Subordinated Claims, (which "also" involve Deutsche Bank, by Cusip') will be taken care of' and will be removed from the FDIC's responsibility, ... But Again', ... Without Anything to do with JPMC' ...
Pay Attention', "while the mb is dazzling to some, opportunity's involving this "Reorganization", for profit making have been, and continue to be missed"
"it is what it is" ... and' yes, ... It's ALL' good' ... like so much other valuable' information, for many many years, remember where you heard this' ...
just sayin' :)
AZ
~ Go COOP', Go COOP', "Do Your Thing" ~
~ Understand Plan 6, "Participate" In Plan 7 ~
~ Know What You Own ~
~ Watch The NewCo (name changed and being called, COOP'), It Is The "Tell" ~
Again, I surely hope "everyone" took the opportunity to massage and fine tune their individual ownership positions in ... "The Reorganized WMI" ... "WMIH / COOP" over the last three plus years' ... there's been lots of sweet opportunity's, to add or replace ones positions', at some very low WMIH / COOP pps' buy in numbers' ...
As I Never Recommend a "Buy, Sell, or a Hold" ... However, ... ~ Know What You Own ~ ... and ... ~ Watch The NewCo', It Is The "Tell" ~ ... have been AZ' consistent' since latter 2017' yes, for many years' now ... and never, never, ever', use debt or a margin account, to buy what you can't afford' ... Cash, Cash, Cash, only, that's OG investing 101' ... Yes, "Cash" Truly Is "King" In The Investment World' ...
Have A Great Day People, ... "We" move forward ... and, your "individual" ESC Cusips will be used for any interest earnings accumulated during the WMI Holding Company's Reorganization', and beyond', and are and continue to be, still owed to you ... "its all good" ... later' ...
just sayin' :)
AZ
~ Nice', Go COOP, Go COOP, "WMIH / COOP" Has Been (AZ's) The "Tell" Since Latter 2017 ~
I surely hope "everyone" took the opportunity to massage and fine tune their individual ownership positions in ... "The Reorganized WMI" ... "WMIH / COOP" over the last three plus years' ... there's been lots of sweet opportunity's ...
As I Never Recommend a "Buy, Sell, or a Hold" ... However, ... ~ Know What You Own ~ ... and ... ~ Watch The NewCo', It Is The "Tell" ~ ... have been AZ' consistent' for years' ... and always, take responsibility for individual choices, ... and never, never, ever', use debt or a margin account, to buy what you can't afford' ... Cash, Cash, Cash, only, that's OG investing 101' ...
Have A Great Day People, ... "We" move forward ... and, your "individual" ESC Cusips will be used for any interest earnings accumulated and still owed to you ... later'
just sayin' :)
AZ
~ Yes, As An "Investor" In WMIH / "COOP" Yes, Of Course I Am Still Here' ~
As a large position holder and owner of "COOP", as well as an original releasing owner of the reorganized WMI', P's, (992's), K's (84's), and uq's (968's), as well as a Finra Compliant Owner of WMB Notes, ... Humorously, Yes one could say that I am invested' ... LOL ... For Years I Have Stated, "COOP" being the "Tell", has done well for me, and I expect much, much, more to be announced and coming soon' ... very soon' ...
... There's Nothing Else To Say', The Process of the Reorganized Washington Mutual Inc., Holding Company, ?, Has Run Full Circle', Now To The Present Tense' ... and to our current BOD's ...
I'm finding the twisted historical versions of what actually occurred, as well as the continued incorrect considerations, laughingly interesting ... anyway' ... doesn't matter' ...
And remember, JWW's spreadsheet (thank you), is time stamped, and reports the bank WMB', who's one share was owned by the parent corp., WMI ... and those asset considerations, have been diminishing ever since the original filings for chapter 11' ... 13 years ago'
Good Luck People as "We" move forward ... In My Opinion, and as always for many, many, years now, ... Your DTC Issued ESC Cusips, will be utilized for any interest still owed, and withheld from you, ... and ... "COOP" will have a few positive financial surprises, soon to be announced, For "All" Holders of "COOP" ... "its all good", ... do not' believe otherwise' ...
... GO COOP, GO COOP ... GO COOP' ...
AZ
~ COOP' Continues to Move Upward', (GO COOP') ... Whine ?', Worry About What AZ' Is Up To ?', (LOL), or Make Money', ... It's Just Another "CHOICE" in the Market' ~
... For many years, Everyone Has Been Told ... "publicaly" ... and yep, this counts'
later' stuff to do
just sayin' :)
AZ