1. It is NOT a "much better idea" to advance signal the intent and content of a possible lawsuit if warrants get exercised. Why go to war with Mnuchin who could be a help to shareholders if he just follows the law.
2. My hope would always be that litigation is the LAST option for an investment win.
3. Creating conflict over warrants with UST could be a catalyst for them to abandon warrants and go for sale of the Senior Preferred shares to outside capital players. That could be lead to cancellation of ALL existing equity.