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Re: navycmdr post# 752008

Sunday, 04/02/2023 10:19:18 PM

Sunday, April 02, 2023 10:19:18 PM

Post# of 867886
I would like to see you develop an understanding about how a restructuring works where the spspa liq preference is more than the npv of discounted cash flows to the company.

The common shares you own are a horrible investment strategy— one that only a fool could stand behind and post about incessantly for years before getting wiped like a castle made of sand on the beach would be wiped away by a hurricane.

Warrants will be exercised and I expect the SPSPA to convert to common. Common thus have no security. Preferred will be made whole.

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