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Re: Rodney5 post# 768439

Monday, 09/18/2023 3:17:35 PM

Monday, September 18, 2023 3:17:35 PM

Post# of 796168
help me understand the "power - evil power" of the WTS

If GOV force converts the LP at 150B or whatever to FNMA shares - even at $1 -that is 150B shares

If GOV exercises WTS -- that is 4B shares

I do not think the issue is the WTS but rather potential dilution should the GOV force convert their seniors into common at $1 or even less