Mr Cooper Group Inc (COOP)

[goodietime]

"There will be a new preferred offering that will pay at LEAST 10% annually with option to exchange into common at around 8 to 1 and 50 million shares going to common share investors who signed timely releases"

"a new preferred offering that will pay at LEAST 10% annually with option to exchange into common at around 8 to 1"

Will this 'new preferred' be 1,000 face?
If so, 1,000/8 = 125

What would make a COOP share worth 125?

125pps is 10x HIGHER than we are now