Fannie Mae-No Politics (FNMA)

[imtheshadow]

IF IF IF warrants are exercised ...

Gov't keeps 80% of whatever we get back from the cancellation of the NWS

With a cost basis of $.00001/sh., gov't doesn't care about addt'l dilution

With a cost basis of $3.85/sh, I care about addt'l dilution

If we settle and warrants are exercised, EVERYONE loses EXCEPT gov't and a few that bought post-cship

The warrants were the real theft

I know some think they won't be exercised - or will be challenged in court

But IF IF IF they are exercised and stand up in court, well then ...