Mr Cooper Group Inc (COOP)

[stoxjock]

"Based on currently projected values for the Trust Assets, the amount of allowed and disputed Subordinated Claims and costs associated with administering the Trust, management currently believes it is unlikely that the Trust will make any cash distributions to holders of Equity Interests."

We will keep seeing the above Paragraph from WMILT for some time to come.. I am following AZCB's & RON66 DD and their Posts to us on this subject...theycan correct me If I am wrong

1. WMILT is Legally stating a true FACT as they do not have monies to pay these Claims "at this time"

2. WMILT doesn't have monies because FDIC hasn't Released those monies to it.

3. FDIC hasn't released because JPMC hasn't Paid for the Assets of WMB FSB yet.

4. JPMC hasn't paid yet as it wants to make some more money on the Assets before it pays FDIC???

5. We, as CLASS 19 & CLASS 22 Claimants will have to wait until then Steps 2,3, & 4 are executed & CLass 18 is settled concurrently.