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Re: sortman post# 767807

Thursday, 09/14/2023 10:36:41 AM

Thursday, September 14, 2023 10:36:41 AM

Post# of 868814
Tell us where it's legal to convert JPS ?? 1) Convert JPS at $1 per share adds 33 billion shares
https://www.fanniemae.com/sites/g/files/koqyhd191/files/migrated-files/resources/file/ir/pdf/stock-info/series_s_12062007.pdf

https://www.quantumonline.com/ParentCoSearch.cfm?tickersymbol=FNMA

YOUR FORGETTING GOV wants to convert there Warrants to Common SHARES!!
Can the government exercise its warrants whenever it wants, even if it is disadvantageous to the
companies?

Yes. Treasury can exercise its warrant for up to 79.9% of the common stock of each GSE on a fully diluted basis at
any time during the 20-year life of the warrant.

https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/2008-9-11_SPSPA_FAQ_508.pdf

https://www.fhfa.gov/Conservatorship/Pages/Senior-Preferred-Stock-Purchase-Agreements.aspx
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