Replies to post #581553 on Mr Cooper Group Inc fka COOP

[cents2ks]

Thank you goodietime, that is the correct information.

[BBANBOB]

thanks goodie
my bad

[mordicai]

So Sargent's email basically indicates that the 10,000,000 set aside shares were NOT used to settle the underwriters claim.(Note only 190 million shares were used to compute the 75/25 split). So where are these 10,000,000 shares today? Were the shares used to pay creditors as contemplated? Are the shares going to be used to pay Class 18? Are the shares unused and going back to Coop and retired? ( WMIH if I recall always used 206,000,000 for the longest time as issued and outstanding shares). Are the shares going to be distributed to escrow holders together with the Disputed Equity Shares the employees did not get? Are the shares going to be sold and the proceeds used to pay the LT payroll until Libor is settled? AND if the shares have been used to pay creditors etal, do the shares come with escrows?

[wcheng]

whenever i see sargent's email from way back when.. i still wonder how this is considered F&R years later .. considering the WMIH shares we received for giving our releases have become pittances of COOP.. and still worth very little.. hopefully our escrows will bear some real fruit soon.