![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, March 20, 2024 11:27:32 PM
you know it is never too late to say that you were wrong to advocate for 10 cents for GSE Common?
When did he advocate for this?
You continue to make the same mistake over and over. Predicting something and advocating for it are different things. Stop conflating them.
Now is the time to say that the commons and the JPS were screwed by the USG and that there should not be a cramdown.
What any of us thinks should happen means nothing.
Just let the market take care of the outcomes but stay on the side of fairness and the protection of private property rights.
How would a senior-to-common cramdown be a violation of property rights? Right now the common shareholders don't own anything at all: they have no voting rights and all of their economic value is worthless due to the massive liquidation preference of the seniors.
If Treasury were to write off the seniors completely, someone who bought common shares today would see a huge windfall, whereas someone who held shares for years and years but sold recently would get nothing at all. In what world is that fair? Fairness went out the window a long time ago and it ain't coming back.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM