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Post# of 793328
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The Man With No Name

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The Man With No Name

Re: FOFreddie post# 709509

Thursday, 01/27/2022 12:50:38 PM

Thursday, January 27, 2022 12:50:38 PM

Post# of 793328
If SPS are written off for nothing in exchange? If the warrants are cancelled for nothing in exchange?

Of course yes, the benefit flows to equity.

But never ever ever in my life have I ever seen or heard of a senior holder in the capital stack walk away for nothing. Because it's not reality.
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