Mr Cooper Group Inc fka COOP

[Nightdaytrader]

SamuraiProgrammer, you really didn’t translate with 100% accuracy. It doesn’t say, “Preferred holders get 75% of new company stock.” It really states, “Preferred holders get 75% of reorganized stock.” There is a difference.

Until assets come back and mr cooper buys them from us with stock and some cash, the stock isn’t “reorganized.”

Jmho
Nd9