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Post# of 822380
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Joseph_Otting

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Joseph_Otting

Re: Fully Diluted post# 488908

Friday, 01/04/2019 5:21:43 PM

Friday, January 04, 2019 5:21:43 PM

Post# of 822380
That just means JPS don't have the "Right" to Convert to Commons. That does not mean the FHFA/Companies can't request the JPS to Convert by means of a 2/3rds majority vote.

I'm not sure what Contract Commons/JPS entered into. That sounds fishy.
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