Mr Cooper Group Inc fka COOP

[wall_street61]

So before you come on here spouting your anti-dilution theory and rhethoric, you better go take a hard look at the classes and the structure and makeup of each.

Well, Don, you best pay attention:

I didn't address your preferred status with that .004-.008 range. That was for commons.

To address you blindness to the anti-dilution provision. You do realize, whether this is in BK court or not, that if the debtors don't follow the anti-dilution provisions (only applicable if DIME is ruled pari passu with common equity), that the debtors breach the LTW contract yet again, which is why there is an adversary proceeding to begin with. Do you really think that will happen in front of this judge, even if she throws DIME under the bus?

Now, on to your beloved preferreds. I suggest you read the fine print. You will be voting on a recovery range, that being 0-70% of the 190 million distributable value. You do realize, don't you, that after you vote and sign the release (if you vote to approve), that you are at the mercy of one M. Walrath to determine your ultimate recovery percentage, which could mean you get ZERO, especially if she determines DIME is in Class 18.

I mean really....you didn't see this coming?