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Re: Guido2 post# 639653

Tuesday, 11/03/2020 7:33:30 PM

Tuesday, November 03, 2020 7:33:30 PM

Post# of 796299
This would be true... if the liquidation preference also went away. As it is now, the 4th amendment adds 100% of the equity to the SPS Liquidation Pref and thus; right now the companies each have 0 equity that goes to the Jr. Prefs or Common.

This is the travesty of the NWS and the mythical liquidation pref they created.

This has to stop!