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Re: Rodney5 post# 774859

Friday, 11/17/2023 3:52:30 AM

Friday, November 17, 2023 3:52:30 AM

Post# of 869559

There are certain people that are encouraging theft, these people want the Treasury Department to wiped out the Common Shareholders, referred to as Legacy Common Shareholders.



I think a heavy dilution of commons is most likely coming, but I'm not advocating it (and no one listens to me anyway). And I certainly do not encourage it. It's just the most likely outcome. Since I hold JPS, I would prefer that - upon recap/release - only the warrants are exercised and the SPS are written off. This "TH scenario" would minimize the chance of a haircut on JPS, so it's in my best interest. Unfortunately, the odds of that happening are only 25%, while the odds of a SPS-to-common-conversion are 75%.

It's an insinuation of yours that those who write that a heavy dilution is most likely coming are advocating it and "encourage theft".

You also grossly overestimate the impact of iHub posters; they can only marginally influence events in Washington - if at all. We are much less important than many here think.
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