Replies to post #385206 on Mr Cooper Group Inc fka COOP

[WithCatz]

Bbanbob -- the math works out that if the RS ratio is larger than your total holdings (per account) you end up with a fractional share -- and thus are liquidated.

Example: a 1:1000 RS -- anybody holding less than 1000 shares doesn't get a single share in the new company.

NOW -- that said, it is my personal belief that the RS scenario isn't likely -- just possible -- so this is a theoretical discussion.

Just my opinion on that.

...Catz

[investorhub123]

If the split is high enough some persons may only be left with fractional shares which would just be paid in cash..........sneaky, sneaky.....

[Civil War General]

Agree with Catzy. See my other post.
Curious, I had the same 1000-1 R/S concept.

This idea/theory is based upon the whining about paperwork in the 8k as costing the BOD valuable time and money when they have yet to really worry about it as we are only listed on the Pinks by MMs who cannot "require" the BOD to do any reporting unless they want to. In my opinion.

This has a hidden doublespeak agenda.
Again, my opinion.
Maybe the BOD will offer me a job to shut me up?
Ja ja ja