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Re: toogoodfella post# 92065

Sunday, 01/31/2021 1:37:17 PM

Sunday, January 31, 2021 1:37:17 PM

Post# of 111295
I am more of a fnf investor. I hold a small 100k position here. I do not claim to know more than anyone else but, I truly believe you have a misunderstanding on how Trups work. We will just agree to disagree.

The money raised for LBHI is through selling our preferred shares in the open market and those preferred shares pay dividends to the investors. The dividends are paid for by the payments LBHI makes on the subordinated debt to the Trust. There is no LBHI commons involved.

If an investor wants LBHI commons, they will just buy LBHI commons at the time.

Good luck.