Replies to Post #653723 onMr Cooper Group Inc (COOP)

Replies to #653723 on Mr Cooper Group Inc (COOP)

04/02/21 12:30 PM

Great points, AZ. With the BK closed 12/2019, LTI closed on 3/19/2021.........What transpires next coop be revealing.........should happen sooner than later.......

ItsMyOption

04/02/21 12:40 PM

#653733 RE: AZCowboy #653723

AZCowboy, as always great post and DD. I have read other posts that this delay could be tied to a 3 year period for a ownership change to preserve the NOL. I believe that date was July 31, 2021.

We can still get any cash interest before that date but no share structure change - that would cause a change in ownership. Do you feel this July 31st date is correct for any share structure change? IMO, any forward split would not cause a change in ownership - it would have to be a Shares for Value exchange, which IMO I do not feel that is in the game plan. Your thought?

Happy Easter all!

xoom

04/02/21 1:03 PM

#653737 RE: AZCowboy #653723

Excellent post. Thank you. Yes he is risen, and hope good prevails for the folks running this saga.
GLTA

boarddork

04/02/21 1:13 PM

#653739 RE: AZCowboy #653723

Thanks AZ for your efforts as always, and taking the time out to do it! The sub-tranche info is quite interesting, and I never caught that back then.

The LT is done and gone, and that is HUGE wall to collapse for us going forward.

Exciting times!

intuitive3

04/02/21 1:32 PM

#653744 RE: AZCowboy #653723

AZ, thanks! Very informative.

yes9

04/02/21 2:37 PM

#653748 RE: AZCowboy #653723

AZ, thanks again for all you do here brother! YES, JESUS IS RISEN!!!

Large Green

04/02/21 3:23 PM

#653753 RE: AZCowboy #653723

AZCowboy, since you say WMILT is done, can you show me where Rosie donated to two Seattle charities and how much was actually given to each charity?

Also, can you show me where Rosie has filed the Delaware certificate dissolving the trust.

If you cannot show these items then maybe this is not as you think.