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Re: navycmdr post# 612496

Sunday, 05/31/2020 2:30:01 PM

Sunday, May 31, 2020 2:30:01 PM

Post# of 794272
"no conversion AT ALL for Senior Preferred Stock ..."

All along SPS conversion has been not a option.
Besides SPSPA, Administration does not have legal authority to convert SPS or buy any new securities.