Sunday, June 02, 2019 9:31:02 AM
Just because there was an agreement this agreement did damage the shareholder by impacting the price of the stock they owned.
Sadly, it seems like there is precedence for this type of robbery. However, if it was proven that the agreement was not made in good faith based on lies and deception after being forced into a situation where loans were deemed necessary, then I believe there is cause to throw out both the warrants and the SPS.
The government actions were like the mafia forcing a company to make bad deals with their friends (for political reasons in this case) and then coming back and telling them they were in bad shape and needed a special loan and the mafia was going to become a 79.99% "owner" of their company.
A big load of crap. If we are still in the good old boys and mafia era with business, then shame on our country, politicians, and judges!
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