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Re: stvupdate post# 757982

Monday, 06/19/2023 12:48:11 AM

Monday, June 19, 2023 12:48:11 AM

Post# of 798199
I also hope for the best for commons, but I am not going to deny them the harsh reality of outcome in spspa conversion as a favor to them to help them understand what is coming before it steamrolls their perceived interest in these two valuable enterprises. Cheers.

I can hope a penny is worth a dollar, but a penny is just worth a penny. Common shareholders basically do not understand capital structure or restructurings. That is a fact buddy.

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