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Re: nagoya1 post# 764193

Saturday, 08/19/2023 12:22:10 PM

Saturday, August 19, 2023 12:22:10 PM

Post# of 797337
We can’t bury our heads in the sand, I don’t know anyone that knows how this is will end, I listed several possibilities how this could end.

Everyone is wiped out unless the Treasury decides or is forced by a court of law to write down the Liquidation Preference and declare the SPS paid in full.

Treasury’s Liquidation Preference calculated value is more valuable RIGHT NOW than the calculated value of the entire businesses ! Both JPS and Common are wiped out!