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Re: JOoa0ky post# 774061

Saturday, 11/11/2023 11:11:10 PM

Saturday, November 11, 2023 11:11:10 PM

Post# of 795761
What about jps anti dilution provisions do you not understand — once the wh/treasury turns the corner — jps are in the drivers seat in terms of what they are willing to allow and if they refuse — when commons get divs, so do jps— and the div rate on $fnmat drives the security over $25

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