Mr Cooper Group Inc (COOP)

[Johnnyiwantsome]

Az
I have read the merger agreement with regard to the NOL's It sounds like to me its not out but more or less up in the air.....So the CIC according to what I have read has not happened. Since CIC has not occurred....

Under the Seventh Amended Plan, WMI’s preferred and common
shareholders will own 95% of reorganized WMI.
The stock to be issued in connection with the Seventh Amended Plan will be subject to significant restrictions on transfer. The holders’ ability to transfer ownership will be limited, as described fully in the proposed Articles of Incorporation

At merger we will then see payment for our Escrows on (debatible) basis. So are you seeing it as we get cash for preferred's and commons? I do not see another vehicle other than the merger however if I understanding you correctly since we own the reorganized debtor how do we get paid and how does Nation star get our value with out first compensating WMI former escrows. These two waging positions I am trying to reconcile.

Regards,
B