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Re: navycmdr post# 710427

Tuesday, 09/12/2023 1:53:15 PM

Tuesday, September 12, 2023 1:53:15 PM

Post# of 796303
go ahead everyone and step right up and place your bets behind the emoji man who posts irrelevant links from 2016 in a world where no pending litigation seems to challenge the warrants as far as i can tell -- except maybe bryndon fisher's en banc attempt.

maximizing the common share price does not maximize the government's return.

not even according to the government's accounting of this.

https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2022/notes-to-the-financial-statements8.pdf
review the above sourced government document link to see how it values its equity stake --- as it contradicts navycmdr's blog post.

Warrants will be exercised. Common lack dilution protection against SPSPA being converted.. Common thus have no security. Preferred will be made whole.