Mr Cooper Group Inc fka COOP

[AZCowboy]

~ XOOM, Not Necessarily', I Have Been Seriously Studying This "WMIH" 2nd "Ownership Change" Issue ~

... and truthfully, it has become' extremely difficult to continue these explanations, during these periods of distraction' ...

So, as I promised yesterday, I wanted to apply the "Corporate Structure" issues to the present tense' ... and here is what I have concluded and is in my opinion of course' (ridiculous as that sounds, since "everything" is actually merely an opinion here ... anyway' ... right' ?)

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the Actual SECOND "WMIH" "Ownership Change" was initiated during latter 2017' ... and the SECOND Private Rights Offering came "After" in Feb 2018' ... All of this was done ahead of the "Acquisition" of NationStar (now, a sub of WMIH) ... the name change', the new trading symbol, "COOP", and the 12/1 in October of 2018' ... ALL Came After the fact'

So, ... With an "Ownership Change" comes the availability to restructure the Company, and in our case that's "WMIH" ... So' ?, here's the skinny, WAS the "WMIH" Parent Corporate Structure at the time of the SECOND OWNERSHIP CHANGE, in line with our current Corporate Structure Share Allocation (the 90 million (ish) share float) ... ? ...

and the answer is time sequenced, an OBVIOUS' ... Nope Not Hardly ...

So, ... at the time of the FIRST Ownership Change ?, ... our structure was the 200 million shares' of WMIHC' ... and with a constant observance of the 382 three year mandates' ...

So, Moving Forward, ? and Currently ?, at the time of the SECOND Ownership Change ?, ... what was the share structure then ? ... always with a need to observe the 382 three year mandate' ... ? ...

I'll tell you what it wasn't ... it wasn't what is currently showing' ... with "COOP's" current float of the 90 million (ish) shares' ...

So, in order to continue to preserve the tax advantages, yes and only applicable', until the FDIC closes the receivership of WMB', ... great and careful actions have been taken to protect those tax advantages' ... so in my opinion, ... WE' ... need to revert back to the Original Corporate Structure, that was in place' at the time of the SECOND OWNERSHIP CHANGE' ... and consider the "ASSET VALUES" of "WMIH and its Subsidiaries" ...

these people are SUPER Smart' ...

AZ