Mr Cooper Group Inc (COOP)

[AZCowboy]

~ Doc, The Actual Facts Are Always Helpful As We Will Move Forward ~

The First’ segment of myth & lore I’m seeing being presented is that ... KKR “assumed” its conversion of the last of the original two A preferred series in the 11/01/2019 released 10-Q ... but then ? on New Years Eve, 12/31/2019 ... within the Company’s S 3 Filed, and associated SC 13/DA it states ... “The Series A Convertible Preferred Stock is immediately convertible”

The Second segment of myth & lore, is the conversion price being also misstated ... “Conversion or Exercise Price of Derivative Security is $13.20 ... (838,802 commons after the 12/1 reverse split) ...

And for the thousandth time ... WMI was a “Holding Company” that did not hold any ‘Real Property”, ... WMI was NOT a Bank Holding Company ...

”Washington Mutual believes that it never has been, is not currently and is not likely in the future to become a United States real property holding corporation. Even if Washington Mutual is or becomes a United States real property holding corporation, so long as the Washington Mutual common stock continues to be regularly traded on an established securities market,"

... WMI reorganized into ... WMI Holdings Corp ... “WMIH” ...

AZ