Mr Cooper Group Inc (COOP)

[Johnnyiwantsome]

CBA,HOTMEAT BBAN AZ RON LARGE BOARDDORK ETC.. LETTER OF INDEMNITY from reminder FINRNA I THINK THIS MAY ENHANCE THINGS A BIT LOL


What is a 'Letter Of Indemnity'

A letter of indemnity is a letter guaranteeing contractual provisions will be met, otherwise financial reparations will be made. The principle behind a letter of indemnity is the guarantee that losses will not be suffered if certain provisions of a contract are not met. It can also be a letter requesting replacements for lost shares from a company's treasury.

SO WHY IS THIS ? IF THEY ARE DEEMED WORTHLESS THEN WHY MIGHT YOU HAVE FUTURE RIGHTS GIVEN TO HOLDERS?


2. What are the Liquidating Trust Assets?

The assets that are to be held and distributed by the Liquidating Trust (the “Liquidating Trust Assets”) comprise all of the assets of Washington Mutual, Inc. (“WMI”) and WMI Investment Corp. (“WMI Investment” and together with WMI, the “Debtors”)) as of March 19,
2012 (the “Effective Date”), other than:

.

2. (The Liquidating Trust Assets )
1. Compromise all of the assets
a. Washington mutual Inc.
b.(WMI)
c. WMI Investment Corp.

Quote: "23.2 Cancellation of REIT Series: Notwithstanding the provisions of Section 23.1 hereof, on the Effective Date, all REIT Series shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect.

Quote: "23.3 Cancellation of Preferred Equity Interests: Notwithstanding the provisions of Section 23.1 hereof, on the Effective Date, all non-REIT Series Preferred Equity Interests shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect".


Quote: "25.2 Cancellation of Common Equity Interests: Notwithstanding the provisions of Section 25.1 hereof, on the Effective Date, all Common Equity Interests shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect".


NOW HERE IS WHERE IT GETS INTERESTING >>> FINRNA

Attn: Trading and Market Making/Legal and Compliance/Operations/Systems

UNIFORM PRACTICE ADVISORY
(UPC #19-12) Date March 20, 2012 Issuer Name(Washington Mutual, Inc)
_
(WAMUQ)
(WAMKQ)
(WAHUQ)
(WAMPQ)
(DIMEQ)
Notice has been received that the above Company’s Joint Plan of Reorganization (Plan)
filed under Chapter XI of the Federal Bankruptcy Code, became effective on
March 19, 2012.

Pursuant to the Plan,on the Effective date: all REIT Series shall be deemed extinguished and the
certificates and all other documents representing such Equity
Interests shall be deemed cancelled and of no force and effect; all non REIT Series Preferred Equity Interests shall
be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of
no force and effect; all Dime Warrants shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect; all Common Equity Interests shall be deemed extinguished and the certificates and all other documents representing such Equity
Interests shall be deemed cancelled and of no force and effect.
Members are reminded of their obligations under NASD Conduct Rule 2310 if they continue to engage in transactions in the above security after the effective date. Members are further advised that deliveries in settlement of contracts in the OLD
securities, which were executed prior to the announcement that the securities had been deemed worthless, shall be evidenced by either a) the OLD security; or b) a Letter of.Indemnity which shall grant the purchaser any rights and privileges which might accrue to the holders of the physical securities. Such deliveries shall operate to close out the contract and shall be settled at the existing contract price pursuant to Uniform Practice Code Rule 11530.
Question



So After This I called SWEET SWEET!

??????? REGARDS
B

OH CRAP THE LINK THIS WHERE I DO THIS
FINRA UQ KQ HQ PQ DIME