Replies to post #537693 on Mr Cooper Group Inc (COOP)

[hotmeat]

Apparently you don't understand the meaning of ALL...let me repost.


Quote: "23.3 Cancellation of Preferred Equity Interests: Notwithstanding the provisions of Section 23.1 hereof, on the Effective Date, all non-REIT Series Preferred Equity Interests shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect."


The all in "All Documents" includes the Prospectus for Preferred Stock and the same applies to Commons...get it!!!

This has nothing to do with the ABS-Cert Prospectus, again misrepresenting what was posted. Do you even know the difference between the Prospectus for the Wampq and Wamkq stock and the Trust Prospectus??? It doesn't seem that you do...what a surprise! LOL

This is too funny.

[contrarian bull]

You are both right.

The prospectus for these securities was "deemed" cancelled by the court. They did not bother to actually cancel them through the SEC.

So yes - those prospectus' (prospecti?) are still recorded. However any attempt to enforce them will fail due to the court deeming them to be effectively cancelled.

If you can get that judgement overturned - yes those will instantly go into effect again.

So the good news is you are both right!

... How about Then You Show Me Just ... ONE' ... Show me ONE' Cancelled ABS-Cert Prospectus on the SEC site' ...

... You Can Not', ... because None of the ABS-Cert's or their prospectus were ever cancelled' ... HogWash' ...