Replies to post #726169 on Mr Cooper Group Inc (COOP)

[BBANBOB]

RAY

""How they can issue pfds of 10B and those were approved by stock exchange. This indicates some assets exist outside court proceedings."""


Where are you getting these numbers as they are 100% incorrect

WMIH/COOP has today 10 mill shares of PREFERRED shares that HAVE NO FACE VALUE assigned to them, at this point they have NO value 0 zero zilch nadda not worth .10 cent

So the COMPANY could be worth 100$ and still have 10 mill shares authorized with NO AGAIN NO FACE VALUE YET

[Ray_137]

Correction:

Rosen said: Examiner do not need to look at those assets. Equity committee would like to look at those assets. I forgot "NOT"