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Re: Ace Trader post# 762360

Sunday, 08/13/2023 9:00:58 AM

Sunday, August 13, 2023 9:00:58 AM

Post# of 797139
Where did the warrants come from? Answer: SPSA.

If SPSA is gone, so are:
1) Warrants.
2) 10% dividends.
3) Senior Preferred Shares.
4) Liquidation Preference.

That's why I am a huge fan of the Kelly case. Should Kelly succeed, Patwil's calculations of the stock price will be too low.