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Post# of 796012
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bradford86

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bradford86

Re: kthomp19 post# 754363

Thursday, 05/04/2023 7:10:44 PM

Thursday, May 04, 2023 7:10:44 PM

Post# of 796012
Why are you even entertaining posts like this. The nonsense will continue. Just post the results. No need to attempt to reason with the unreasonable. Not everyone understands the incentives of restructuring. Jps get par if commons are worth anything at all. The only way to zero out commons is receivership. This is not a receivership scenario. But it is diluting scenario. Just a matter of how much dilution. I believe my base case is so much dilution that the common shareholders of this board are disappointed.

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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