Replies to post #707195 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

How can you be so ignorant? Did you read my link and the quotes from official documents?

"Eliminated upon consolidation" was used years before the dissolution. Later WMIIC got completely dissolved by WMIH. At least NOW it is "extinct" since almost 5 years...

WMIIC was Eliminated upon consolidation....... "eliminated upon consolidation" ....It does not mean extinction. It is an accounting term in Mergers by which the historical consolidated accounting connection between the parent and sub, is officially severed.

[PickStocks]

This is AZ pushing who XXXX is….just one of his lame lessons or theories

[ReikoBlack]

WMI Investment Corp. (“WMIIC”) wasn't “eliminated upon consolidation”, it was dissolved. (+5 years ago) It no longer exist.

"On January 18, 2018, WMIH Corp. (the “Company”) announced that it has completed the dissolution of its wholly-owned subsidiary WMI Investment Corp. (“WMIIC”). Earlier today, WMIIC filed a Certificate of Dissolution of WMIIC with the Office of the Delaware Secretary of State. The dissolution of WMIIC was effective immediately upon the filing of such certificate.

Prior to September 26, 2008, WMIIC held a variety of securities and investments; however, such securities and investments were liquidated and the value thereof distributed in connection with implementing the Company’s Seventh Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code. As such, WMIIC did not have any assets or operations at the time of its dissolution."
https://www.sec.gov/Archives/edgar/data/933136/000156459018000606/wmih-8k_20180118.htm

WMIIC was Eliminated upon consolidation....... "eliminated upon consolidation" ....It does not mean extinction. It is an accounting term in Mergers by which the historical consolidated accounting connection between the parent and sub, is officially severed.

[clintonj]

BD. I love smart people. Your mb name doesn't reflect that. Lol Thanks for your insights.