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Post# of 797189
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YanksGhost

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YanksGhost

Re: Louie_Louie post# 606729

Wednesday, 04/29/2020 6:35:58 AM

Wednesday, April 29, 2020 6:35:58 AM

Post# of 797189
Re: cancelling JPS...

No way JPS are getting cancelled because any such move would impair capital needed for release from C-ship. That also is a reason why no conversion from JPS to common shares makes any sense at all... any such move makes an IPO for commons more diluted and, thus, less desirable than just keeping JPS alive but dividendless until the recap process concludes in a few years.
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