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DaJester

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DaJester

Re: kthomp19 post# 784514

Tuesday, 01/30/2024 5:09:31 PM

Tuesday, January 30, 2024 5:09:31 PM

Post# of 804165
"The only way Treasury exercises the warrants is if they write the seniors down. Warrant exercise after a senior-to-common conversion is useless."

Yes, but what about - Warrants exercised first, then JPS conversion, then SPS conversion. Would this not maximize the Treasury stake? Not saying I'm a proponent of this course of action.

The emphasis I added to your quote is what you repeatedly said Treasury considered illegal, so not sure why you are considering that path viable now.
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