Mr Cooper Group Inc (COOP)

[never-again]

Remember, every dollar that is distributed out of NewCo reduces NewCo's value by one dollar, and reduces the merger potential size by one dollar (or two dollars if you consider the combined size with merger targets)

...Catz

That's a great point and one that should be in every investors plan. As long as the gsa is there this is where the value lies.

This case is so dynamic and also very twisted, laced with fraud, and then shrouded in secrecy. It's much different now than it was years ago before the issues were systematically eliminated.

Logically and elementary , in order for us shareholders to see any cash payouts let alone a large one, several things need to happen. Rightful ownership needs to be established and proven, a wrongful seizure needs to be established and proven, an exact value of what was wrongfully taken needs calculated and proven, exactly who took it and exactly who owns it now needs to be calculated, determined and proven, a judgment on who needs to make restitution and how much. Someplace in those details is going to be assets returned or not or a mixture. If those assets were to be returned there wouldnt be a cash restitution the value would come from the market more slowly than instant. Personally I think its all bs, but Thats where we are, here and now as wrong as it may be.

None of that has been proven yet, and 99.9% of that is covered in the GSA and simply is no longer relevant because of that document. Prove some of that and we would be looking at huge cash payments.

If we were to get any cash as shareholders, then I don't see it being anything of substance without some new facts. Also if we get token cash then I dont see any reason for them to give rights to the new co. also. Here and now, I believe the best we can hope for is complete ownership of the newco, next would be control of it, next is a stake in it. Trumping the GSA, would be the absolute best but ........until that starts to be a reality vs a remote possibility we are here.

Having a part of newco is a very good thing, they gave up billions in cash to keep their stake.