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Re: thewhale post# 16380

Tuesday, 10/27/2015 1:42:40 PM

Tuesday, October 27, 2015 1:42:40 PM

Post# of 17799

Govt need only sweep 99.9% of profits



That would not be a "net worth" sweep but simply an outrageous dividend.

state law provides for the potential distribution of dividends to every class.



The lawsuit says a "preferred" share can only be preferred in reference to other classes. When sweeping all profits, there is only one class. Therefore, no preference.