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JPM holds zero Escrows - because Escrows were cancelled and deleted last year already.
Would be nice if you would actually post a link to the 10K that verifies this (as you claim)
But of course you won’t.
Of course this event did NOT occur.
Stand by for new deadlines after the expiry of the usual 4 day ‘grace period’.
Just ask AZ - he has already been paid in February and is expecting further distributions soon.
You have never shown ANY proof that COOP is a subsidiary of any XXXX other firm - because no such proof exists.
On the contrary, written SEC-filed proof exists that the opposite is true.
But you will continue to make these claims of course.
Great - the usual timeline extension after a predicted date has arrived and nothing happened.
Next step will be a new date prediction based on DD which unfortunately cannot be disclosed - maybe Sep 23 based on expiry of Statute of Limitations?
That’s the same AZ who claimed to have received a first payment for Escrows almost 6 months ago, right?
And who claimed that Escrows couldn’t be deleted and that only US citizens would be eligible for Escrow payouts?
Etc
Of course this is all made-up bs, but it’s popular.
If 50 was the magic number for a payout, what about the reverse stock split in 2018? Why didn’t they adjust the ratio from 12:1 to 25:1 and immediately have the desired share price?
https://www.mrcoopergroup.com/press-releases/wmih-corp-completes-reverse-stock-split-and-name-change-to-mr-cooper-group-inc/
This of course has nothing to do with COOP ….
So you saying that Hedge Funds and Underwriters have waited 15 years without doing anything but will file lawsuits AFTER the Statute of Limitations has actually expired?
Maybe worthwhile to look up what Statute of Limitations means?
Interesting - now you’re saying that these payments were in relation to WMB Bonds?
In February you said it was related to “Released WMI Common Shares”
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171106202
And of course you’re still the ONLY one who has received such payment.
Unbelievable….
So you suggested that something would happen / be published by 6/16 but can’t say what ‘due to potential issues’?
Probably 4 days until a new deadline, right?
There is no sound reason why anything should be happening (or be published) by 6/16 - it‘s just a random date, like dozens before and dozens to come after this one.
Indeed - COOP (Mr Cooper Group) is the top entity with no parent above it.
To claim otherwise is to say that management is openly lying in countless SEC filings.
What truth?
COOP says in its SEC filings very clearly that COOP is NOT the subsidiary of another firm.
AZ says the opposite.
Who do you think knows more about this?
“r-nnn was never told, only one from here' was told about (XXXX) ... just one'“
Of course - only you were told about XXXX and no one else.
After all you are also the ONLY person who has gotten paid for his Escrows.
Maybe tell everyone again how you bought Super Bowl tickets from your Escrow payouts?
The statement was clearly that ‘XXXX’ is currently the parent of COOP - so COOP would be a current subsidiary of ‘XXXX’
No such ‘XXXX’ actually exists as per COOP’s recent SEC filings.
Of course COOP says that no such XXXX actually exists in reality - but who cares.
https://s1.q4cdn.com/275823140/files/doc_financials/2023/2023-proxy-statement-bookmarked.pdf
If no Escrow information is published in June, will you apologize for insinuating that Lodas has some kind of negative agenda?
Why has there not been a single mentioning of any obligation by JP to make a multi billion payout to Escrow holders in any analyst coverage or official financial reporting or any JPM investor commentary since 2008?
Because (i) this has been overlooked by all of them or (ii) no such obligation exists?
Are you seriously trying to imply that changes to the DTCC fee schedule have any relevance to Escrows or COOP?
Why do you keep posting this totally random stuff?
You do realise that this article talks about May 28 in 2024 (!), right?
May 28 is a Sunday this year ….
Per the 2023 Proxy Statement COOP has no large shareholder apart from Blackrock (15%) and Vanguard (10%) - so clearly COOP cannot be the subsidiary of any other company.
This isnt very complicated - because any parent would clearly need to own a majority of COOP‘s shares.
https://investors.mrcoopergroup.com/financials/annual-report-and-proxy-information/default.aspx
COOP is NOT the subsidiary of another entity as we know from legally binding, freely available and recent official documents.
You will of course continue to make this ridiculous claim, not sure what you hope to achieve by this?
No.
This is has absolutely NOTHING to do with Escrows, it’s about First Republic Bank - as it says very clearly. Why is this so difficult to understand?
Presenting actual evidence in front of the judg or at least speaking to her key source herself instead of relying on hearsay may have been helpful at some stage
Still not a shred of proof for various statements like i non US citizens wont be entitled to Escrow payoffs ii Mr Cooper is a subsidiary of XXXX or iii LT Escrow payout exclusively to you (and no one else)
But pls share more about your bikes and sportscars.
COOP has very clearly and unambiguously stated in its latest SEC-filed Proxy Statement that there is no “XXXX“
But this obviously counts for nothing
WMI’s equity was never worth more than 50bn at the asolute height pre-2008, then its key operating entity WMB gets seized by the FDIC and now 15 years later a multiple of 5 or 6x of this absolute peak valuation will be paid out to former shareholders?
Who believes this?
Source for all of this:
Trust me, bro!
And of course they ONLY paid you according to some undisclosed mechanism without telling other investors.
Because that’s EXACTLY what trustees do, right?
There is no XXXX simply because COOP is not a subsidiary of another entity, according to the legally binding, official SEC-filed proxy statement of the company, easily available on COOP’s website.
What you say directly contradicts official SEC filings by COOP.
Who would you say is more credible?
Proxy Statement clearly contradicts AZ‘s nonsense about COOP being the sub of XXXX - but he‘ll probably continue to make this statement anyway…
So COOP plainly denying that it is the subsidiary of another entity in official SEC filed documents over several years would not meet the definition of “lying“, if you‘re right?
So COOP has been lying for years in its official SEC registered proxy statements, annual reports etc by not disclosing that it the subsidiary of XXXX?
What do you mean by “theory“? There simply is no parent to COOP.
These are easily verifiable facts published in official SEC filings by the company.
Actually the 2023 proxy statement has already been published.
There are two shareholders holding >5%: Blackrock 15% and Vanguard 10.5%
So it would be nice to stop this nonsense or at least explain why COOP should file false statements with the SEC.
https://s1.q4cdn.com/275823140/files/doc_financials/2023/2023-proxy-statement-bookmarked.pdf
There is no XXXX, because COOP is not the sub of another entity.
Read the company‘s proxy statement from last year, listing all major shareholders or just wait for the new one, which should come v shortly.
It was nothing but straightforward b…shit