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Re: stvupdate post# 759844

Thursday, 07/20/2023 6:02:49 PM

Thursday, July 20, 2023 6:02:49 PM

Post# of 799698
i am aware that most people here are not capable of understanding the mechanics behind the restructuring that will take place in order for the companies to exit government conservatorship

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