Mr Cooper Group Inc (COOP)

[hotmeat]

Quote: "~ NO, NO I Will Never Be Issued An LTI ~"...LOL


Another perfect example of the usual and continuously posted bs here. Once the Employee Claims are denied, which they will, how exactly will the ~$50M be distributed since our Markers are for shares only, not cash. The LT clearly stated that any cash to be distributed will be done via the issuance of LTI's. When will the nonsense stop!!!



Enough with the redistribution "red herring" argument...they used the same term for shares.


Quote: "Upon resolution of those Claims, the related portion of the shares maintained in the Disputed Equity Escrow will be distributed to claimants holding the newly allowed claim or, if the claim is disallowed, the related portion of the shares will be redistributed to beneficiaries of the Trust in accordance with the distribution mechanics set forth in the Plan."




Yes, we WILL be issued LTI's for cash payments, starting with ~$50M, any claims otherwise are not based on facts.


Quote: "In accordance with the Plan, the Trust will issue Liquidating Trust Interests to WMI’s former shareholders if, and only if, the Trust is able to monetize Liquidating Trust Assets in amounts sufficient to pay-in-full claims held by beneficiaries of the Trust who are senior to members of Classes 19 and 22, and then, only if a shareholder had satisfied timely all conditions applicable to receiving any such Liquidating Trust Interests."