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Re: mrfence post# 621523

Sunday, 07/19/2020 3:55:14 PM

Sunday, July 19, 2020 3:55:14 PM

Post# of 797204
Lately I've been wondering if the government buying out current commons would be a smart move,,a poster on here not long ago was advocating this. Start fresh by doing that and canceling the warrants. Leave jps in place and the spsa. That would let the government keep their hand in thee cookie jar, so raising capital on new shares would be a bit tough.
Buying current outstanding common though for like 18-25 would be a win, win for gov and commons and would knock out a lot of the litigation, since the majority of jps direct claims have been shot down and they do not benefit much from derivative cases.