Thursday, January 06, 2022 9:36:36 AM
Only if they get their sweet, sweet conversion B4 RELEASE. Ain't gonna happen. I doubt the government wants to pick up anymore legal liability or suits. They will have the companies decide any and all cap raise or stock creation issues. Albeit, there are nothing but government stooges on the BOD. But! Since those stooges do not own the stock, thanks to government limiting pay packages, that leaves alot of voting power in commons hands.
The government can not be a shareholder at release, so it's going to be interesting what they do with seniors and warrants. I just hope at the point of release they don't decide to enrich the BOD with a majority stake in commons with those warrants so they can control the BOD. That would surely bring more suits and very, very bad media for any administration that went that route. So commons, I think will have good clout in any future money decisions.
The government can not be a shareholder at release, so it's going to be interesting what they do with seniors and warrants. I just hope at the point of release they don't decide to enrich the BOD with a majority stake in commons with those warrants so they can control the BOD. That would surely bring more suits and very, very bad media for any administration that went that route. So commons, I think will have good clout in any future money decisions.
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