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Post# of 729631
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newflow

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newflow

Re: stoxjock post# 592297

Sunday, 10/20/2019 2:15:26 PM

Sunday, October 20, 2019 2:15:26 PM

Post# of 729631
JMO 75/25 WILL BE ENFORCED IF THE ASSETS ARE BELOW LIQUIDATION PREFERENCE VALUE OF CLASS 19.

IF CLASS 19 GETS 100% LIQUIDATION PREFERENCE,IMO THE WATER FALL STOPS AND CLASS 22 GETS EVERYTHING.

MAKES SENSE?.

AS PER CONFIRMATION ORDER NOBODY IS GOING TO GET MORE THAN 100% OF LIQUIDATION PREFERENCE VALUE.

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