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Re: bradford86 post# 790170

Tuesday, 03/26/2024 2:59:23 PM

Tuesday, March 26, 2024 2:59:23 PM

Post# of 796475
The only way the Gov can get an additional $100 billion out of the twins is by exercising their options or converting their sps. They also need to raise additional money in a stock offering and get total capital, after cancellation or conversion of sps, up to a minimum of $225 billion. Conversion of JPS and a $70 billion public raise gets them there.