Replies to post #493227 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

No, never said that. Please read that part of my post again:

* WMIH does a combined transaction
-----> it buys a company that can manage these assets for around $600M (the cash from the Series B ==> 342M new common shares)
-----> WMIH then "assumes" the $10B from the WMI-LT and issues 2B new shares, out of the 3.5B authorized shares which are ditributed among the escrow holders 75%/25%

It does not matter if assets come back or not, they need to buy an operating company with staff, offices and so on, either way.

And I think the failed deal back in 2015 was one of the 3 GE financial arms that were later sold to Wells Fargo. The timing fit perfectly. The smallest one of the three was around $9B.

The WMIH BOD said, the failed deal was "a multi-billion dollar deal that would have fit us perfectly"


Your post:

So what we are saying now, is that WMIH was never going to buy or merge with any company the blown 11 milion is just that blown. WMIH was waiting for the closeout of the BK....That was their business plan......we have two execs and a BoD we are gifting shares for what waiting........


can not wait for the closeout so this theory can be blown as well....

[fwh3334zeke]

Didn't blow 11 million, was out bid by another company, tried anyway.

[katekir1234]

We get theory after theory;fact is quarterly results numbers come out in a few days and if nothing good is in there(and as I said not the crap about dissolving...)then it is over and we are toast.and we can finally move on with our lives.It is not something I hope for but as nothing happened the last weeks(at least something good)the chanes for big money has become very small.