Replies to post #201864 on Mr Cooper Group Inc (COOP)

[uzualsuzpect]

I think the problem may be that Solomon does not have ALL of the numbers. I think they have some info that should make A>L - bwtfdik

[g-winger]

I expect no por of the EC, because they have no view of the docs. And half informations are false informations.

[DudeBug]

Definitely the Objections are going out on 5/28. I hope that all of these committees and parties file competing PORs ASAP because they all have to be given equal time for review and possible approval.


My own personal belief ... The Judge wants a POR that has the MOST VALUE for the current investors and creditors with a solid plan that supports how WMI can reorganize if they are staying in business. I don't see how she can screw over the current investors just to make a handful of future investors wealthy.

If I correctly read another post here that said there will only be 5,600,000 shares issued @ $25 .. then they are only raising $ 140 million. I need to verify those numbers but if they are true ... how far does that carry the reorg company with them spending $80 million over the past 20 months to reorganize???

Just think about everything they are offering in that POR ... gifting away over $6B in tax refunds and assets to raise $140 million. Just doesn't make sense!!

[footballref-8541]

cici...I was under the impression that the EC has no numbers to evaluate with. They haven't received any doc's from Rosen and thats the reason for the appeal for the examiner. So I dont know how they'll be able to submit a POR soon.