![](https://investorshub.advfn.com/uicon/732548.png?cb=1669206596)
Thursday, November 02, 2023 6:17:31 AM
A cramdown, which is like a bankruptcy, takes place with the picture of their Balance Sheets today. That is, with $311.8 billion SPS outstanding, including the ones that are missing.
And today's Net Worth is just $118 billion. The JPS are wiped out in a cramdown scenario.
You think that the JPS aren't affected by their awful financial condition shown today. All day with Happy emoji, Smile emoji, "Equity cash" by your buddy navycmdr, etc.
It's like holding JPS from different companies. Surreal.
FEATURED Cannabix Technologies to Deliver Innovative Breath Logix Alcohol Screening Device to Texas, USA • Jul 29, 2024 9:07 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM
BNCM AND DELEX UNVEIL POST-MERGER MANAGEMENT PLANS • BNCM • Jul 29, 2024 9:00 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM