Sunday, December 03, 2023 11:03:44 AM
No where does it say JPS can be converted !!! You legally can't change this contract without the agreement of both parties ! Some on this board said I was crazy buying these a few years ago but my hedge was the rising interest rates. A a base of 4.79% we find ourselves over 8% now. KNOW WHAT YOU OWN !
PAY CLOSE ATTENTION AT THE BOTTOM OF PAGE 3..............
Even if Freddie tries to change the terms they are NOT allow to change them where it harms current holders investment. AKA they can't convert to common or any other class that would hurt there investment so even if they wanted to they would have to offer the same value in new shares..
Retired at 47, Life's Good thanks to trading.......
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