Mr Cooper Group Inc (COOP)

[fsshon]

Yes that is what I have said because the current O/S is not reasonable for a company that needs to show the court "it" will be able to raise new capital if needed in the future. It will be impossible to raise new capital with a 1.7B O/S..

So if you have 100k in stock and the R/S in bankruptcy is reissue 1 share for every 10 of yours, you end up with 10k shares..

Lets say the exit price at 170M is $2 that means you are worth .20 pps before exit, but $2 at exit, That number will reflect the value of the company which we put WMMRC at about 700M.. The exit financing is another 100M..

If you have a value of $800M the stock will immediately adjust to value of O/S /800M = near $5 PPS. That means your current value is .50 at 1.7B O/S

As we do business and the market values our NOL's and values of future business, it may decide a 4 times approach works for RE-WMI shares. That means $20 PPS which means your current value is $2 PPS.

As time goes by and the Litigation Trust is recovering funds and paying off Preferred and Creditor debts with the recoveries, the excess will flow to you the shareholder, that will make your shares much more valuable.

The Big Picture is where will the value be in 2 years vs today's value?

That's the discussion point.