Replies to post #674630 on Mr Cooper Group Inc fka COOP

[lodas]

newflow........with all due respect, the raising of this small amount of capital is to pay wages for these corporate officers, and has nothing to do with returning assets to escrow holders. are you suggesting that these 3 officers will form a company called Paladin, and issue securities backed by WMIH Trust assets when they are released, and then given to equity escrow holders?.....there is no no prospectus out yet for the purpose of establishing this vehicle called Paladin, so lets let it develop and see what the intention for creating this fund....as of now, the money will be used to pay these executives....Lodas

[lodas]

newflow.........even if Paladin was successful in establishing a fund by using Trust assets held by WMIH, do you think anyone would buy shares in this fund knowing that the proceeds would go to the estate holders for Fair and Reasonable as you have suggested?....what collateral would back this Paladin fund if it sold them to public investors?....now, if Paladin is going to sell these securities to PRIVATE INVESTORS,that would indicate that WMIH is going disperse the Trust, thereby circumventing the rule that no assets in Chapter 11 could return to the company....Paladin could be setting up private companies to disperse those assets to, then after a period of time, buy back those companies ....AIMO, but knowing these guys, anything is possible here....Lodas