Mr Cooper Group Inc fka COOP

[BBis]

The Dimeq only are slated to receive 82% of their 10,000,000 class 18 claim - about .0864289 per share. They still lost out on the majority of the $3.00 +- that they should have been paid. It will be even more egg in their face if class 19 or 22 miraculously receive anymore past the 114K of COOP to class 22.

• Provide the releases by February 29, 2012 and receive: 
• Pro Rata share of 8.77% of whatever percentage (if any) that Common Equity Interests get under the Plan. Common Equity Interests are currently slated to share 30% of Newco but this is subject to Court approval;
• Pro Rata share of ($9.0 million less approximately $3.2 million) on account of the allowed Class 12 Claim; and
• Pro Rata share of a Class 18 Subordinated Claim, up to $10 million, which is currently viewed to be out of the money. ( not now see below )

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Everyone who signed timely releases should get a check sent out on or after the 10th of January of (approximately/my best guess) .0864289 a share.
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Ok, so DIMEQ received a pro rata share of 8.77

10,000,000 (DIMEQ class 18) * 82 % (percentage from PR 2020/Jan/1) = 8,200,000

8,200,000 / 94875597 ( Linda’s estimate of released *) = .0864289

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