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Post# of 798344
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Donotunderstand

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Re: Louie_Louie post# 776547

Saturday, 12/02/2023 4:25:15 PM

Saturday, December 02, 2023 4:25:15 PM

Post# of 798344
seems the same but it is not

juniors were not made subordinate to Senior preferred

but rather the GOV invented and created out of thin air SP paper was put on the top of the equity pile

IMO --- different from a FORCED conversion at below PAR ---

not saying not possible - simply saying the SR precedent is not related as that is MADE UP paper by FIAT
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