Rumple,
I don't understand how people on here do not see all those events not moving the stock price...and what's even stupider is they expect the government to do their cap raise, and in doing so will reverse split, conversion, yadda, yadda, yadda infinium all B4 release, dumb. This is ignorant to ignore the fact that the government knows the market will have nothing to do with any capital raise if government has their hands in the cookie jar still AND how reading impaired are jps when it has been stated in numerous articles "the companies will be responsible for their own capital raise". Read the writing on the wall jps, will ya? Government is not going to give you a cram down, government is not going to give you a conversion, government is not going to give you par. Only the companies will be able to (wait for it....)after they are released which brings the corporate governance rules and laws back into play....YES, shareholders will have say in the capital raise because this is how it's done, that's even if it's needed after cancel of sps, overpayment return, warrants canceled or sold back, etc. Many things can make common go up, up, up.
Again,,the companies will be responsible for their own capital raise.
Why do ya think the government needs this to happen? How's this for ya....I'm from the government and we got the GSE'S by their jewels but I got a ton of shares I need to off load on you investors.....you get the picture?
This statement also pretty much telegraphs what the process will be, and that is AFTER settlement or court cases settled and NWS, SPS and warrants issues gone or settled then it's consent decree or possibly release if cap level is hit, uplist, shareholders reinstated vote, and only after that do you get to an offering. This is simple logical chain of events,,yet jps pumpers keep trying to rearrange the duck, duck, goose game chairs to fit their imagined windfall.
