Replies to post #495871 on Mr Cooper Group Inc fka COOP

[JusticeWillWin]

No, WMIH has also 10 million preferred stock authorized

From: http://wmih-corp.com/wp-content/uploads/2015/05/AR-Charter.pdf

ARTICLE IV CAPITALIZATION
The total number of shares of all classes of capital stock which the Corporation shall have authority to issue is Three Billion Five Hundred and Ten Million (3,510,000,000) shares, of which:

Three Billion Five Hundred Million (3,500,000,000) shares, par value $0.00001 per share, shall be shares of common stock (the “Common Stock”); and

Ten Million (10,000,000) shares, par value $0.00001 per share, shall be shares of preferred stock (the “Preferred Stock”).

Your post:

Ron, thats possible but not probable in my opinion. At this late in the game, we only have the 3.5 billion shares authorized. Also, I think the distribution to the escrow markers will likely be 75/25 split to maintain the same ownership percentage after the share for value exchange so that they dont loose the 6 billion NOLs. Again, just my speculation.

[diamondguru-one]

i WILL TAKE 2/3/4/5/6 SHARES FOR EVERY "1" SHARE OF ESCROWS !!! ABSOLUTELY !!!