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Re: Brooge warrants cancelled post# 618949

Wednesday, 07/08/2020 8:51:56 AM

Wednesday, July 08, 2020 8:51:56 AM

Post# of 796683
Calabria is quoted once again "it is not the FHFA's job to raise capital for them, they have to do that themselves".
This follows the train of events that should make that happen:
1. Consent decree

2. Any court mandated settlements must be completed to see big picture financially.

3. shareholders get their vote.

4. Warrants and 79.99% must be settled b4 new investors are brought on board

5. Pretty good chance after all this the GSE'S will not need to raise too much. If shareholders get their vote back, and bod along with shareholders do a proxy vote for a capital raise....jps, lookout below!