Replies to post #728462 on Mr Cooper Group Inc (COOP)

[newflow]

You can call it a lie, but technically it was not.They informed everybody that there was no money coming from WMILT in Jan 2020, and they cancelled WMILT in Dec 2021.WMILT was under administration since Jan 2020.They had to go thru the original books and records, valuing and monetizing assets during administration. Other way was to consolidate into another entity. Why would any bk 11 company say that there is so much value to be distributed come and buy stock for pennies and make millions?.All they did was submitted to court Assets = $33 B and Liabilities = $7.5 B.