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Re: Patswil post# 764159

Saturday, 08/19/2023 10:52:25 AM

Saturday, August 19, 2023 10:52:25 AM

Post# of 796633
You and wiseman misread this, thinking that the law applies when no court is enforcing the concept of equity dividends being illegal when the companies are undercapitalized in conservatorship

This whole conservatorship has been a breach of law and trust and fraud pulled over the courts and public and shareholders. I do not think any legal action has challenged the cash dividend payments to the spspa 2008-2019.

Good luck with your subsequently broken analysis

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