Fannie Mae-No Politics (FNMA)

[Guido2]

Here are the warrant agreements:

https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/warrant/Fannie-Mae-Warrant.pdf

https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FRE/warrant/FRE-Warrant.pdf

FROM FANNIE MAE WARRANTS AGREEMENT:
“Fair Market Value” shall mean, with respect to a share of Common Stock, or any other security of the Company or any other
issuer:
(a) the volume weighted average daily Market Price during the period of the most recent twenty (20) Trading Days, ending on the
last Trading Day before the date of determination of Fair Market Value, if such class of Common Stock or other security is (i) traded on the New York Stock Exchange or any other U.S. national or regional securities exchange, or admitted to unlisted trading privileges
on such an exchange, or (ii) is quoted or reported on the Over-the-Counter Bulletin Board (“OTCBB”) or by Pink OTC Markets Inc. or
a similar organization or agency succeeding to its functions of reporting prices; or
(b) if such class of Common Stock or other security is not then so listed, admitted to trading or quoted, the Fair Market Value shall
be the Market Price on the last Business Day before the date of determination of Fair Market Value."

" “Exercise Price” shall mean one one-thousandth of a cent ($0.00001) per share."

FNMA HISTORICAL PRICES:
https://finance.yahoo.com/quote/FNMA/history?period1=1218412800&period2=1220659200&interval=1d&filter=history&frequency=1d
FROM ABOVE:
Date Open High Low Close* Adj Close** Volume
Sep 05, 2008 6.1900 7.1800 6.0500 7.0400 7.0400 83,613,900

Based on above, do you believe that 100,000 shares for a single dollar is fair market value at the time the warrants were granted? Did James Lockhart preserve and conserve their assets the way he was supposed to?

I know I'll sue if the warrants are exercised.