Replies to post #728824 on Mr Cooper Group Inc (COOP)

[jhdf51]

Wow. Ok thanks.


JHD

[ron_66271]

Get The Story Straight.

I’m just cleaning up the silly stuff.

My response is not directed at your post Oberhal.


Series R (P) are $1,000 face value.

As I have posted;
The Equity Community Presentation proved to the Court that the Equity Community of Class 22 ability to take control of the Retained Earnings of $20.78 Billion because Class 22 proved to the Court Class 19 is satisfied. Proven with the February MOR.


The RE/DCR is held Treasury Notes now worth ~$25 Billion, 75/25.

Class 19;
TPS, Series K, and Series R are due 2.5X face value.
That satisfies their past interest claims.
Do the Math.

Series R due another 2.1X face value from performance payments.


Yes I have proven it.
Not my problem that posters didn’t understand it.



Ron