Replies to post #535724 on Mr Cooper Group Inc fka COOP

[BBANBOB]

JHD

IF IF IF it doesn't come to marker holders I'll let you do the figuring based on 1000mill shares being out

Let's say WMRRC is where all is and let's say there had to be 30 billion to back all of the loans that were ever out on WAMU.
Congress said we had 600 BILL $$$ plus written and in force when seized.

Now I do not KNOW the exact legal % required to be held in cash to back insurance policies so we have to play a game.

let's say for grins it is 5% in cash to back 600 bill(MY GUESS IS MORE)that is 30 bill OK, now if NOTHING ELSE is there that 30 bill divided by 101 mill shares + or minus is what in cash per share, JUST IN CASH

Now what if it is the actual filing number of 24 bill and do the same thing.

NOW this was all just an exercise in fun, but oen can see just how easily it transforms into HUGE money,escrow of actual share price in WMIH!!!!!!!!!!

ANd at the same time DO NOT FORGET, there are 3 registry accts IN THE BK and those funds need to pay off BB and about 12 bill more, will there be any left IN THE BK to come to us????????

[Large Green]

jhdf52, in my view WMIH MOST definitely wants a RS to happen. This will happen and be in place by Halloween 2018 and WMRRC will not closeout (according to Rich) until year-end 2018.

Most companies do not want one billion plus shares outstanding and WMIH has told us as much in their PR, then 8K and verbally mentioned they would like to be similar in outstanding shares as NSM was. The had around 100 million outstanding so my view, no doubt, this WILL HAPPEN!