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Post# of 795663
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imtheshadow

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imtheshadow

Re: bcde post# 483065

Friday, 11/30/2018 10:32:32 AM

Friday, November 30, 2018 10:32:32 AM

Post# of 795663
The fire sale reference was in comparison to what existing shareholders "should" have received if the 10% was 5%, the NWS was canceled and the warrants were repurchased at par. That's not going to happen. The gov't will make plenty of money if they sell the warrants at $10 pps or even $5 pps - again, fire sale prices versus pre-cship value for sure. Wall Street will make a small fortune placing the warrants and recap shares. They WILL make it happen.
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