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Re: navycmdr post# 757994

Monday, 06/19/2023 11:48:24 AM

Monday, June 19, 2023 11:48:24 AM

Post# of 798198
okay friend. you only hear what you want to hear and continue to ignore the reality of how restructurings work. converting the spspa to commons does resolve the litigation.

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