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Re: Lionscantwinagame post# 837718

Sunday, 08/03/2025 6:44:00 PM

Sunday, August 03, 2025 6:44:00 PM

Post# of 867283
I have disagreed with Ackman and believe the easiest path for the Govt will be to convert all or some of the SPS to common. That’s not a statement of anything but my views.




I am not promoting anything. I do not believe the government will rip up all of the SPS value. And as long as there are clear shareholder protections going forward, I don’t believe new investors will go on strike. I’m not saying what should or shouldn’t be, just what I expect.



Warrants will be exercised. Common lack dilution protection against SPSPA being converted.. Common thus have no security. Preferred will be made whole.

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