Replies to post #519631 on Mr Cooper Group Inc (COOP)

[Large Green]

I believe there are two ways we are getting paid.

1) From 9/2008 until present - monies (cash pile) collected for running the business

2) Income stream that continues from trusts - Markers own a beneficial interest

I believe the monies that have been built up since 9/2008 will be paid to EscrowMarkers holders at the 75/25 so for very dollar preferred receive .75 cents and common receive .25 cents

NewCo/WMIH will buy the income stream (beneficial interest) from EscrowMarker holders and that may be where the share-for-value exchange event happens then all preferred and common markers dissapear

[BBANBOB]

IMHO he is NOT EVEN TALKING ABOUT THE CASH as that would be ON TOP of any S4V swap imho

PLAIN AND SIMPLE any and all cash accrued to this point MUST BE PAID IN CASH and imho that CASH is on top of any possible S4V swap that may take place. That is where we MAY see 2 times face on preferds new P's that are worth $1,000 on the OPEN market and accrued money from everything that has been on going for years..
And NOBODY has to pay the $1,00 for preferds neither LT or WMIH or anyone, they just issue them and investors will IMHO gladly buy all ya want to sell of them