Replies to post #480792 on Fannie Mae-No Politics (FNMA)

[Spicoli]

Why issue more shares and then do a reverse split?

According to fidelity there are 1,158,088,000 shares outstanding.

How many shares would they need to issue to accomplish this?

Not a fan of a reverse split.

They should allow the current stock price to rise above $4? The minimum up-listing requirement. All that takes is a favorable court outcome, a favorable FHFA director and of course a 4th amendment stopping the NWS.

Wouldn’t a higher stock price make it very lucrative for the government to rob us of more money than what Moelis projects? Just let us make ours. Commons and Preferred!!!

[YanksGhost]

No relisting is possible until a full and proper shareholder meeting has been held in accordance with the enterprise's articles of incorporation. This rule pertains to any listing on either NASDAQ or NYSE. Consequently, release must occur before any relisting can go forward because the puppet boards appointed during conservatorship do not serve the interests of shareholders but only those of government.

I expect that we will see an announcement of a provisional release, shortly, timed with the selection of an Acting FHFA Director and the appointment of a consultant group to guide the process of naming a reconfigured board structure to be voted on by shareholder proxy. I further expect that the proxy will include several crucial matters including lifting the constraints on executive pay and a shareholder vote on accepting a transfer of all court-assigned penalties due litigating shareholders back onto the enterprises, themselves, as a condition of release.

[Donotunderstand]

I would think if a stand alone action came - stopping the NWS - the stock would go above 5

Just IMO