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RD -
Your link's not working for me...
https://www.sec.gov/.../00011931252406.../d745782dfwp
Permission denied
Strike Liquidation Trust - never heard of that...
Oberthal, You are absolutely correct. See below. Only unsold Securities were deregistered...
From:
https://www.sec.gov/Archives/edgar/data/933136/000089375008000547/amend1.htm
DEREGISTRATION OF SECURITIES
A Registration Statement on Form S-3 (Registration No. 333-150629) was originally filed with the Securities and Exchange Commission on May 2, 2008 by the Registrant. The Registration Statement registered the resale by certain selling securityholders named therein of up to 605,439,997 shares of the Registrant’s common stock and up to 36,642 shares of Series S Contingent Convertible Perpetual Non-Cumulative Preferred Stock (together with the common stock, the “Securities”). The Registrant is filing this Post-Effective Amendment No. 1 to the Registration Statement to withdraw from registration all unsold Securities previously registered for resale under the Registration Statement.
Oberthal,
That's my understanding too.
Ok, thanks BB, I was misunderstanding you. I love examples - the simpler the better.
Any thoughts on when on the 36M share distribution? Soon is never soon enough for me.
Current PPS Current Value New PPS New Value
Original COOP shares 5000 $82.50 $412,500 $50.00 $250,000
New COOP shares 5000 n/a 0 $50.00 $250,000
Total Value $412,500 $500,000
CAL,
Yes, asked and answered back when the Escrows disappeared. Searching for "escrows disappeared" or the like should find many posts and answers. Basically there are many historical records of what escrow existed both with Brokers and the Bankruptcy documentation from when the Escrows were first sent out.
distro.
Boris -
86B is 8.6 times par. Par for "P" is $1000. So $86B is 8.6 times $1000 or $8,600 per P. Correct on Q, $2.05 times 8.6 or $17.63.
Bring it on...
Distro.
Make no sense to post a link to a file on your local D: drive...
Do you all have Ron on Ignore - "The Asset backing for the WMB Notes is ~$26 Billion to cover a ~$14 Billion claim."
The entries in the History section look like those below from my Schwab account...
Common -
02/11/2022 Journaled Shares
939ESC968
TDA TRAN - REMOVAL OF WORTHLESS SECURITIES (939ESC968)
"P" Preferred -
02/11/2022 Journaled Shares
939ESC992
TDA TRAN - REMOVAL OF WORTHLESS SECURITIES (939ESC992)
"K" Preferred -
02/11/2022 Journaled Shares
9393ESC84
TDA TRAN - REMOVAL OF WORTHLESS SECURITIES (9393ESC84)
Ah yes, I see that $2B. So delivery to us on or about October 23, 2023?
RD,
The link you sent references prospectus for:
$2,250,000,000
Fixed-to-Floating Rate Notes due 2029
Issue price: 100.000%
$3,000,000,000
Fixed-to-Floating Rate Notes due 2034
0Issue price: 100.000%
Totaling $5,250,000,000
Where did you get $7.250B?
Distro
RD,
Thanks! That would be great! I guess I was thinking $10B is face value for Preferred. and $64B is 6.4 times face value.
Ready - HLCE coming...
distro.
Remember the pie chart in the Anico case $32. B - 8. B Liabilities = $24 Bil x almost 3 = 72 ($64 B) . Not a coincidence. They never reached the lever of 3 times.
RD;
You said -
*Willful Misconduct” is the ‘nice’ Civil legal term for RICO.
JPM’s demand for the “Willful Misconduct” release is proof that JPM will pay a multiple for “WMB and it’s Assets”.
Multiple of what? $64B is not a multiple of WMB and its assets. $64B is the OE?
Distro
J&J,
See explanation provide by Ron...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172788764
TD > Schwab (if you already have Schwab and you want to confirm your transferring TD accounts will be connected to your Schwab account...)
I already have Schwab account, and 2 TD accounts to transfer 9/1. Today I found in my Schwab Message center a notice:
Preview a list of your TD Ameritrade accounts moving to Schwab and the scheduled move date.
After the move, you will access your transitioned accounts using your existing Schwab login information.
Until your transition date, continue to access your TD Ameritrade accounts on TD Ameritrade platforms.
For more information about the transition, please login to TD Ameritrade and visit the Schwab Transition Center.
RD -
Looking good. Let's make an adjustment to Value for P's and K's returned. $6,709.28 and $178.90 respectively.
Let's bring it in soon!
Distro.
Royal,
Any sign of the First Bucket?
Distro
JHD - Royal's also posting -
Of course it was a wash with the $30B JPM reported finding in the WMB ashes.
Ray,
I'm not a tax expert but I have taken a loss on my taxes. Your basis in the stock minus your sale price equals your loss (or gain). So if you paid $35 per "P" and you sold for $0, your loss is $35 per share.
So you have an idea of your loss but please check with a professional.
Distro.
Thanks Ron
2.5 + 2.1 = 4.6 as you've said in the past.
Distro - HLCE
Thanks Ron for your insights.
The more insight on 4.6X the better.
Full disclosure - I have both Commons and Preferred.
Could it be JD?
smorlen55,
Only 1 bankruptcy - chapter 11.
Distro.
So any money they paid goes to the 3 WELLS accts where we have not clue as to the balances.
Condolences for your loss.
John,
We are praying for you and Kay.
Distro.
xoom,
I guess we will see if AZ stands by his post of 6/8/22.
distro.
Ron,
Thanks for this update. Do you have an estimate of earnings for the K's that matured in 2018?
Distro
LG - Correct
Mr. Cooper Group Inc.
SEC CIK #0000933136
SEC.report › CIK › Mr. Cooper Group Inc.
Mr. Cooper Group Inc. is incorporated in the state of Delaware. Mr. Cooper Group Inc is primarely in the business of finance services. For financial reporting, their fiscal year ends on December 31st. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Mr. Cooper Group Inc..
market closed for Good Friday.
RD - Certainly you mean 2022...
Currently there are authorized shares of COOP's common stock of 300,000,000
AZ
What's happening CATTS got your tongue? Wow, that's an old one.
Hope you have a delightful Christmas season.
Distro.
Ever since his note, it's pretty much been down.