Thursday, December 13, 2018 9:59:56 PM
Let me put an end to this silliness. If you use receivership both the Sr. prefs & warrants are wiped out. Sr. prefs are negative to book value & have to be written down to get to zero book value & to support raising new capital. #CorporateFinance101
— joshua rosner (@JoshRosner) December 14, 2018
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