Thursday, May 30, 2019 8:44:13 PM
So... they say they need 125Billion combined.
Think about that.
The companies needs 125 billion.
Remember the gov't says they owe 187Billion in a first position debt / equity that hold 100% of the interest in the companies profits yet own 0% of the stock.
So, with the 125Billion raise do they pay off the 187Billion owed?
or
is the 187 allegedly owed get extinguished because its already been repaid. If its already been repaid then the collaterailized warrants - the whole purported reason for taking them is nullfied and that too get wiped.
So, that all happens...
Then what? Raise 180Billion at adjusted fair value.
Adjusted fair value would be north of $100 a share. So, that's just 1.8billion shares raised or basically double the shares outstanding
and off we go.
So, is the goal to get the companies out of gov't control or rape them further?
If the true goal is to get them out then get them out. If not, then let the vial behavior continue.
Which is their goal / mission?
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