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Re: HoldenWalker99 post# 529096

Saturday, 05/25/2019 4:38:24 PM

Saturday, May 25, 2019 4:38:24 PM

Post# of 864831

"Well, for starters, the SPSPA is an equity investment not debt. There is no payback mechanism. "




RuudG,

Can you post the legal reference for this often repeated BS statement initially started by Jack the sheet and then by the fake news promoters?

Under original SPSPA the liquidation preference value changes based on draws and repayments. If third amendment is revered retroactively then the original SPSPA applies.