Thursday, January 25, 2024 12:34:58 AM
Notwithstanding that FnF present their financial results on a fully diluted basis, which means that, under S.E.C. rules, FnF are compelled to present the results assuming that the Warrant is exercised. Then, the EPS plummets and so do the common stocks' market price as a result.
A Warrant is a security issued for free to evade the prerequisite on PURCHASES of being a collateral (the exercise price $0.00001ps confirms that it was meant to be a collateral of the SPS) under the law (to (iii) protect the taxpayer), after determination of EMERGENCY. Yet, the pro se plaintiff claims that there was no emergency at the time, after FnF were placed in Conservatorship.
Arguably, because even securities used as collateral are barred in the Fee Limitation of the United States. It was meant for the assault on the ownership by Wall Street in the clause 2.1 ("shares assigned to any Person": BKT, BX, JPM, MS, Community banks, etc) and, the key, it aimed to make the common stock price plummet, so it mimics the initial collapse in the JPS price caused by the dividend suspension (a fixed-income security without a coupon payment, turns into a discount note), so the plotters can peddle the lie contending that Cs and JPSs are somewhat equivalent securities, seeking a conversion of the nonconvertible JPS to common stock.
The reality is that the litigants are using the Warrant to negotiate with the government a better deal for the JPSs. This is why no one has challenged it seriously with the law.
Guido is the one hired to transmit the idea that everything is fine with the Warrant outstanding, despite that once it's exercised, there is no way back.
Quit peddling your same slogans, like saying that the banks repurchased their Warrants under TARP.
Hand-in-hand, Guido and the pro se plaintiff Joshua Angel, peddling the idea of a FnF subject to TARP, when they are subject to the Charter Act.
BUSTED.
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