InvestorsHub Logo
Followers 18
Posts 768
Boards Moderated 0
Alias Born 10/10/2018

Re: chessmaster315 post# 753322

Friday, 04/21/2023 2:25:01 PM

Friday, April 21, 2023 2:25:01 PM

Post# of 796408

No. The JPS cant be converted except for one. Source:
"Just the facts". https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171740773



You can post that a thousand times but it won't make it true.

What is the problem? You seem to think the lack of a contractual "right" prevents the JPS from being offered a conversion by FnF. You are wrong. If 2/3'rds of JPS holders vote to accept an offered conversion, it's a done deal and applies to ALL JPS holders.

Did the SPS originally have a contractual right to a net worth sweep? No, but it was offered and accepted. Get it? Ponder that a while before you respond.