Mr Cooper Group Inc (COOP)

[exostatic]

How is this debunked??? Does it say the 20+ Billion was used or spent some where??? Nopey!!!! It goes to say "I'm assuming that the 20.7..." Assuming = makes an A$$ out of you and me right!!! HAHAHAHAHA your funny... so I will keep going... "The column itself represents the assets and liabilities that go to the liquidating trust. But the $ amount used for equity is a historical accounting balance and does not represent an outstanding balance to collect from the trust." My accountant uses relevant up to date data... Historical hahahaha ok... Now the next part is you get $$$ per your share count... Now I agree. So let me spell it out for you... $100 has 100 shares so each share gets $1.00 So i'm sorry but this does not prove ANYTHING!!! It does not prove diddley squat to me... So where did the 20+ Billion go for lets say historical purposes...hahahahahahahaha Yep you guessed it kids... back to the share holders based on their share count.... So simple
Your link does not work for me since I do not have access... Nice try...
Would you like to prove to me where the 20+ BILLION went. I sure would love to see the actual documents, not a link to a forum...

Copy and paste so we can read this in one post

Like i've said, the $20 billion was debunked a long time ago.
A post on Boardpost from Brinkster - April 13, 2012, 05:09:41 AM
https://www.boardpost.net/forum/index.php?topic=760.75msg8358#msg8358

Hey people,
I got a reply from someone from the LT at KCCLLC:

Dear Brinkster,
David Sharp forwarded me an email from you. Let me see if I can answer your question.

I’m assuming that the 20.7 billion you are referring to is the retained earnings number in the distributions to LT column. The column itself represents the assets and liabilities that go to the liquidating trust. But the $ amount used for equity is a historical accounting balance and does not represent an outstanding balance to collect from the trust. Even though equity interests have outstanding claims against the LT, the $ amount was booked to clear out historical balances and maintain a balanced balance sheet.

Should any value be available for equity interests after Creditors and Subordinated claim holders are paid in full, equity holders will share in the value in accordance with the plan but based on the number of shares owned as of the Record date, not a $ value.

Not sure if that answers the question but let me know if you need more.

Best regards

JOHN MACIEL
Chief Financial Officer -- WMI LIquidating Trust
Senior Director -- Alvarez & Marsal


Wrong, They even posted a link and told you to read page 18. It was there in black and white... I am sorry that documents prove you are incorrect but I guess that does not fit your agenda... Pesky facts always getting in the way...
Have a great 20 Billion dollar day every one!!!!!!$$$$$$$$$$$$$$$$
EXO

Debunked many year ago with a Board post of an opinion piece. Really???? All I can say is WOW....

So since I read it on a forum I should believe everything I read with OUT PROOF!!! Well sorry you did not provide enough PROOF to me... THANKS!!!

Would you like to phone a friend for twice the cash and prizes???
Your opinion and mine do not affect the actual outcome so if you believe this good for you. Good luck with that!!!
EXO