Replies to post #638160 on Mr Cooper Group Inc (COOP)

[cassiecasa]

RD GOTTA LOVE IT!!! SO GLAD YOU PROVED PEOPLE WRONG!!! GREAT MAN!!

[PickStocks]

Yes, if you own stock in KKR. This has nothing to do with poop or old equity. Mia-leading

[cura asada]

We are subject to restrictions on the redemption or repurchase of the Series B Preferred Stock.
Copy paste

Under our Certificate of Incorporation, we will be obligated to redeem the Series B Preferred Stock (if not previously converted) on the Series B Redemption Date, and to repurchase the Series B Preferred Stock tendered for repurchase upon certain events. However, we may be unable to redeem or repurchase the Series B Preferred Stock due to restrictions under applicable law or contractual restrictions.

Delaware law provides that a redemption or repurchase payment on capital stock may only be paid from “surplus” or, if there is no “surplus,” from the corporation’s net profits for the then-current or the preceding fiscal year. Unless we operate profitably, our ability to redeem or repurchase the Series B Preferred Stock would require the availability of adequate “surplus,” which is defined as the excess, if any, of our net assets (total assets less total liabilities) over our capital. Since the Effective Date, we have often not achieved profitability, and when profitable, did not achieve significant profitability. We do not expect to achieve significant profits in the future unless we consummate an Acquisition.

We may also enter into debt or other agreements in the future that may restrict us from redeeming or repurchasing the Series B Preferred Stock.

Further, even if we are permitted under our contractual obligations and Delaware law, as applicable, to redeem or repurchase the shares of Series B Preferred Stock, we may not have sufficient cash to do so. See “—We may not have sufficient funds to redeem or repurchase the Series B Preferred Stock.”



See page 12

https://www.sec.gov/Archives/edgar/data/933136/000156459018004269/wmih-10k_20171231.htm

[PickStocks]

So now we have new dates December 15 2050...so laughable now you have roped Z into your false claims. Pick another date or two for new false distributions