Replies to post #664087 on Mr Cooper Group Inc (COOP)

[BBANBOB]

INTUITIVE

""Escrows can NOT BE SOLD!!!!""

DO YOU KNOW they never will be tradeable??????


IF IF IF there was as ALL involved in this case have CONtended now for 13 years , NOTHING IS COMING BACK HERE PERIOD CORRECT!!!!!!!!!

So let's go back to logic and COMMON SENSE, WHY DID THEY EVER ISSUE THEM IN THE FIRST PLACE????????? For what purpose if if if they KNEW FOR FACT NOTHING WOULD EVER COME BACK TO THEM????????????


MY WAG is so that at a later date( LIKE NOW) , THEY CAN BE STOLEN/BOUGHT away from unsuspecting AVG JOE SIX PACKS>>>>>

BE VERY VERY CAREFUL MY FRIEND WITH ANY DECISION YOU MAY ENTERTAIN, when or if you think about ever selling them.

What is left behind them goes with the marker imho perfect set up to steal them away



IMHO IT IS JUST LIKE THE X DATE ON A STOCK FOR THE DIVIE TO BE PAID, SELL IT BEFORE THE X DATE AND THE DIVIE GOES WITH THE SHARE OF STOCK

[vodkadejour]

People keep saying that, and yeah, in the normal sense, they cant..... at least not currently.

However.... EVERYTHING can be sold. If I write up a contract with John Smith, which states that all future financial returns and benefits of my escrows are to be sold or cashed, and then once liquid,, sent to him, in exchange for a $10,000 cash payment from him to me today, with no guarantee of future escrow fruition...... well I do absolutely believe one could make such a contract that would be legally binding.

Please someone tell me why it would not be possible to write up such a contract. Keep in mind, you can put whatever provisions you choose into a contract, such as the right for both parties to have access to your escrow accounts so that both can verify if/when they are funded....

Anyone doubt this, really??

[hotmeat]

Correct!....the Escrow Cusips currently in our accounts are worthless since their SOLE PURPOSE was for the distribution of Newco shares in the DER.

Since those disputed shares have long been distributed our Escrows no longer serve any purpose...the WMILT made this point quite clear in multiple PR's over the years.

This fact was further reiterated in Court by BR where he wanted them removed but later agreed to leave them in place after Chris Marshall acceded to AG's objection.

If we are to be paid it is the record of our holdings at the DTC that will be utilized to make such distributions, not our Escrow Cusips.

IMO, If one was to "sell" their Cusips, later If any cash was distributed, they would not be under any legal obligation to pay the buyer since that cash was not directly related to those Escrow Cusips.




On another note, still trying to figure out which side is BSin us....COOP/WMILT or the Escrow Crew $$$!