Replies to post #385114 on Mr Cooper Group Inc (COOP)

[JMac9]

How does this impact hf's with their 100's of millions invested in wmih? They goin' down too?

[stoxjock]

Thanks for your detailed response.

Let's see what happens next 3 months. I still have my theory and you have a position of looking at Cold Reality (Not a position that I am critical of, anyone investing in stock market needs a HEAVY DOSE of your Outlook !), but I have a feeling that the WAMU BK is unchartered territory, a GRAND Theft of this scale & Magnitude Just Can't be buried that easily... And Yes, I am one of those Seriously thinking of filing Lawsuits if things don't go my way next 4 months..

[Civil War General]

Reverse split to take 8003 shareholders to under 200.
Who are the largest 200 shareholders? How much do they own? These are clues to this potential RS.

[PickStocks]

There has to be a sealed document, Suckman and group would not have just left us out in the cold...They care too much for the shareholders..........So it ain't so!!!!!!!

You are right, the BoD did exactly what was expected nothing......They 30K a month for an auditoring firm to put out two audit financials and have one firm that is advising them to do nothing. They will not put a business plan together in the next few months and may not at all.....It costs to much to be public because people are watching if they went public them they have no concern for what the public expects.....

[NASCOW]

4 plus yrs down and quite a few more to go? ...the following is a cute excuse for this "offspring co" to rip off shareholders a "second" time ...several of us pointed out the first rip being the great "deal" that settled us out of BK in the first place ...lol

never underestimate the power of greed ...where there is a wil there is a self righteous justified created way to steal [...ask any liberal]

Compliance with laws, regulations and standards relating to corporate governance and public disclosure, including the Sarbanes-Oxley Act of 2002, and new regulations enacted by the SEC, are resulting in increased compliance costs. WMIHC, like all other public companies, is incurring expenses and diverting employees’ time in an effort to comply with such laws. WMIHC is an accelerated reporting company, and has completed the process of documenting its systems of internal control and has evaluated its systems of internal control. We expect to continue to devote the necessary resources, including internal and external resources, to support WMIHC’s assessment and disclosure obligations. In addition, during the bankruptcy. WMIHC adopted so-called “Modified Exchange Act Reporting” under the SLB 2. Upon emergence from bankruptcy, WMIHC continues to rely upon the guidance set forth in SLB 2 and we have filed and will continue to file the Exchange Act periodic reports for all periods that begin after the Effective Date of the Plan. If WMIHC is not able to follow the Modified Exchange Act Reporting under SLB 2, much more extensive historical disclosure requirements could be imposed on WMIH, which would have a material adverse effect on the Company, including but not limited to, substantial compliance costs and sanctions. Compliance with different or evolving standards will result in increased general and administrative expenses and may cause a diversion of our time and attention from revenue-generating activities to compliance activities and could subject WMIHC to sanctions or investigation by authorities