Fannie Mae-No Politics (FNMA)

[nats1]

Since we can't be on the NYSE at this level - we will have to have a reverse split. I know some don't like it - but as many adverse comments about this as I have read - I still don't understand why this is bad (given that we are not doing this because the GSEs themselves are not in distress). I want the total value of my stock to go up - I don't care if I would only end up with one share or whatever. But we need to move to the big board - and I don't think too many would argue that an uplisting is bad. It ain't happening at $2 a share.

Nats