Replies to post #395617 on Mr Cooper Group Inc (COOP)

[Royal Dude]

Just another unaudited quarterly bogus report from the BOD.

"The Plan and Liquidating Trust Agreement provide direction that the Liquidating Trustee will make distributions on
at least a quarterly basis, subject to certain exceptions.
No material cash has been generated since the last Distribution Date. Therefore, while the next scheduled quarterly
Distribution Date is February I, 2014 the Trust will not make a quarterly distribution to LTI holders. The Trust,
will, however, distribute cash and unpaid LTIs it owes to newly allowed and claimants .. "

What about the 1099s that are due by March 2
Again do you believe in any unaudited report?????
I don't think so :)

[Royal Dude]

Where could the money be Catzs??????????

Note 8: Disputed Equity Escrow
In addition to the DCR, the Plan established a Disputed Equity Escrow to hold shares of Reorganized WMI common
stock for distribution based on the resolution of disputed equity interests. A dismissal of disputed equity interests
wiH result in a distribution to conunon shareholders of Reorganized WMI consistent with the allocation of, and
manner of distribution of, common shares on the Effective Date. The shares and any cash distributed on behalf of
the shares are held in a separate escrow account that is not recorded as an asset of the Trust. The Liquidating
Trustee is the escrow agent for the Disputed Equity Escrow. The Disputed Equity Escrow is taxed in a similar
manner to the DCR (see description above). All expenses of the Disputed Equity Escrow (other than taxes) are
borne by the Trust. As of December 31, 2013, there were approximately 2.9 million shares of Reorganized WMI
common stock in the Disputed Equity Escrow.

[Royal Dude]

olti, I will be first in line but Catzs, I find it more than convenient that this account that was created just for holding stock and the balance for 12/31 2013 as trivial and I believe there will be other settlements added soon. You take your realistic and clearly defined and accurate position. I will have the vision to see the possibilities of the Unicorns. May we not get to the unpleasantries that Olti express in his overzealous but very possible revolutionary events.

[GO4AWILDRIDE]

Catz

Notice the important part of that sentence "at this time the Litigation Subcommittee has determined not to assert claims against various third parties"

I read into to that as NOT NOW BUT LATER we go balls to the wall against various parties that harmed WAMU.

Do you agree?


GO4AWILDRIDE