So all those suits want conversion before ot after release? Before or after non cancelation or cancelation of seniors? Brfore or after exercise of warrants? Before or after government converts their seniors to commons? Lmao. You guys keep pushing this conversion nonsense, so okay,... let's say they offer the jps crowd twice what their shares are currently worth than convert to commons. Rough example, one jps worth $1.50 now goes to $3 and then $3 converts to common at 0.40 some cents. Or are you saying those suits get to dictate converting at full par, like bradford wants, when they're no where near par because not released, no rights? Lmao. Oooh oooh wait a minute, I get it, you jps guys get to dictate through the courts how the capital raise, conversion and conservatorship ends by the courts dropping everything into the jps holders hands. Another lmao.
NO court is going to enforce on government anything concerning share conversions, creations, cancelling, dillutions, not-a, period. It is not any courts job to determine how government treats shareholders coversions or anything else that affects GSE equuty/capital and the conservatorship outcome. These suits asking for a conversion remedy are a disaster, won't happen. Courts will shoot down because government will say the GSE's ARE IN CONSERVATORSHIP and anything affecting capital will not be used to appease any law suit, because any shares and their worth will be TBD at release or when government decides what it's next step is.
Trying to convince people here to convert to jps just because a couple suits ASK for a conversion is just wrong. Anyone thinking about this logically realizes the courts will absolutely stay in their own lane! Conversions are the governments lane while the companies are under them because, and let me state this loudly, THE GOVERNMENT HAS ASSUMED ALL SHAREHOLDERS RIGHTS. not very smart at all to think a law suit is going to bring a jps conversion windfall, it's even more remote than Bradfords jps conversion windfall by Biden, and man, thats as remote as the middle of the Gobi desert.
“If liberty means anything at all, it means the right to tell people what they do not want to hear.” “I disapprove of what you say, but I will defend to the death your right to say it.”
