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Re: navycmdr post# 759659

Tuesday, 07/18/2023 5:21:15 PM

Tuesday, July 18, 2023 5:21:15 PM

Post# of 796633
Spspa conversion destroys the common investment thesis. Can you point to any pending litigation that stops this? If not, will you consent that you lack standing for the recovery you claim to expect?

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