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Re: familymang post# 706766

Saturday, 01/08/2022 11:55:54 AM

Saturday, January 08, 2022 11:55:54 AM

Post# of 798251
Just because you don't like my answer doesn't mean you get to twist and put words in my mouth.

You asked why an organic re-cap is a fairy tale and I explained. Then you reply like were weren't talking about an organic re-cap. If you want to do this (create your own answer), then don't ask questions.

75 million capital raise is not enough to meet the capital buffer. So all your mathematical scenarios are void ab initio. No need to 'walk through' another fairy tale.

As I clearly stated, my take on the government's liability is tied to a release and re-cap. If they don't release, then that's a different answer. But as far as takings on commons, the answer is the same. $2B or less, of which the lawyers will get 35-40%. Do the math on that one.

Occam's Razor still applies. Dilution.

Furthermore, do you really think new money will invest in this at the percentages you stated if treasury is taking 25% of the profits? That's like having a perpetual 1/4 NWS. Not happening.