Mr Cooper Group Inc (COOP)

[MadBadger]

Lodas, I apologize for the typo(Loads.) As I revised the Series R Preferred Agreement, There is Interesting language regarding “liquidation or reorganization” (Any right we may have to receive assets of a subsidiary upon its liquidation or reorganization (and the consequent right of the holders of the debt securities to participate in those assets) will be effectively subordinated to the claims of that subsidiary’s creditors, except to the extent that we are recognized as a creditor of a subsidiary, in which case our claims would still be subordinate to any security interests in the assets of the subsidiary and any liabilities of the subsidiary senior to liabilities held by us.) Not to mention, the language of conversion if the value of common is 130% above the share price of $21.25.
Also, The Numbers From the Original time of Agreement coincides with the Numbers Dr. A. accounted.