Mr Cooper Group Inc (COOP)

[ron_66271]

Proven By a Question.

How is the TPS of Class 19 getting paid?

There is only one source for payment that the Court could agree to.
The money needed to be presented to the Court as sufficient to satisfy Class 19’s claims before Class 22 could be part of the Plan.

The Equity Community Presentation proved to the Court that $25 Billion was available from the 363 Sales, Plan 6 arguments.

Yes the EC took control of the Plan 6 LT as requested. DOCUMENTED.

The funds were placed into Treasury Notes.
Because the money was safe to satisfy Class 19’s claims, APR was removed so Class 22 could participate in the NewCo shares distribution.


The DCR/RE of the February MOR have nothing to do with the Plan7 Litigation Trust.

The February MOR is all about paying the Creditors of Plan 7, except page 10. The Table showing the Retained Earnings that never became listed in the Plan 7 LT column (far right-side column).
The Table on Page 10 is the only place in the document that mentions the RE because the RE doesn’t have anything to do with the Creditors of Plan 7.
Just standard accounting methods.

As I have said, EC took control of the Plan 6 LT as requested!

I know why no one wants to answer the question.

Checkmate.



Please read my past messages;
https://investorshub.advfn.com/boards/profile.aspx?user=631267



Ron