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Re: Louie_Louie post# 621834

Tuesday, 07/21/2020 9:59:11 PM

Tuesday, July 21, 2020 9:59:11 PM

Post# of 799701
You're not comprehending the possibility of Commons being wiped out wink

Jr. Preferreds will Convert to the new Commons shares after the existing ones get wiped from the face of the earth or become Gray Market trophies for the Average Joes.

Jr. Preferreds can win and get 100% of Par while Commons get nothing. There is no scenario where JPS get nothing and Commons prevail big smile