InvestorsHub Logo
Followers 8
Posts 440
Boards Moderated 0
Alias Born 04/02/2013

Re: navycmdr post# 569246

Wednesday, 10/09/2019 3:47:09 PM

Wednesday, October 09, 2019 3:47:09 PM

Post# of 793642
Great article... at least someone wrote about the issue of increased liquidation preference. Treasury likely looking to negotiate this 2nd tranche separately in case they have to cancel the SPSA. The amount covers the prior over payment which would have to be paid back essentially. Now they owe shareholders nothing and own warrants. Thoughts Navy?