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Re: 5bagger post# 772010

Tuesday, 10/24/2023 8:40:42 PM

Tuesday, October 24, 2023 8:40:42 PM

Post# of 796357
Kthomp pointed out an option 4 to my analysis when my #1 was spspa

Spspa is a factor to consider as a common shareholder because if its liquidation preference is not written down as part of this restructuring— it would be converted to common.

This would effectively destroy common

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