Mr Cooper Group Inc fka COOP

[AZCowboy]

~ So, Has There Been Any Progress On The ? or Regarding The Quiz ? ~

I know it’s only been roughly 24 hours, ... but’ ...

I thought I would check in’ early, ... do either of the two of you require another ... “hint” ... ? ...

Okay’ ... here is a good one’ ... “The Embedded Derivative Conversion Asset or Liability Feature” ... Is exclusive to the 01/05/2015’ KKR Rights Offering’ ... the contract between WMIH-Corp and KKR’ ...

AZ

~ Lets Have Some Fun, A Pop Quiz For bk or ex' ? ~

@ 03/31/2017' ... Q'
shares out were 206,380,000 the PPS closed @ $1.45
WMIH-Corp reported a "derivative asset" of $98,680,000.00

@ 06/30/2017' ... Q'
shares out were 206,380,000 the PPS Closed @ $1.25
WMIH-Corp reported a "derivative asset" of $73,298,000.00

@ 09/29/2017' ... Q'
shares out were 206,380,000 the PPS Closed @ .95
WMIH-Corp reported a "derivative asset" of $111,877,000.00

@ 11/10/2017' ...
shares out were 206,380,800 the PPS Closed @ .68

OKAY' Here is the pop quiz' question for BK and EX' for the Weekend' ... open book allowed ... ? ...

With shares out at 206,380,000 ? ... WHAT ? is WMIH-Corp able to legally report as a "derivative asset" ... IF' ? the WMIH-Corp, PPS goes to ZERO' ... ? ... PPS = $0.00 ...

and, ... Here is a hint ... The WMIH-Corp BOD's does not pay hardly any attention to the PPS' ... re; shareholders meeting'

OKAY, ... Go' ... I'll check up on your progress on Monday before the open'

The Company has recorded a derivative embedded conversion feature of the Series B Preferred Stock which is adjusted to its fair value as determined using Level 3 inputs described above under Fair Value Measurement. The change in fair value of the derivative embedded conversion feature is calculated at each reporting date and recorded as other income or other expense on the condensed consolidated statement of operations.