Replies to post #510871 on Mr Cooper Group Inc (COOP)

[BBANBOB]

Ron

RePerpetuallize! March first is the ShareHolder of Record date for March fifteenth Dividend date for Series R [P's]. The same date probably holds true for the converted TPS shares. IMO, I'm expecting release of new Preferred Shares for P's and TPS for old shares,and cash redemption for the K's.


I am curious how you would suggest they do this NOW?
All P and K in combination were cancelled out as well as all conditions and requirement once held in place for them, and BOTH are now covered in the same PAYOUT tranche ,so how would one suggests that they can be treated differently within the same payout tranch

Also WHO do you think holds that vast majority of BOTH the P and K preferred shares?
IMHO DA BOYZ own the bulk of these and WHATEVER suits them best as far as making money is what will happen.

So if that means issuing NEW Preffereds for both P and K that is what will happen.

What you're suggesting is a one time deal for those of them that hold K's and then kicked to the curb, with no further participation or money from these,DO YOU REALLY THUNK they would do this to themselves???????? REALLY Me thinks not, but you're entitled to thunk as you wish................

You do though need to take one thing into CONsideration in your thought process, WHY did DA BOYZ risk so much to obtain as many of these as they could to the point of being called out in court as COLORABLE in their trading and BEING COURT ORDERED to sell 800,000 K preffered shares?



Time Tells All

But MY GUT says there's a reason for 3.5 bill Q's and a reason there are 10 mill preffereds that were made available