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jugs

02/19/19 12:31 PM

#124 RE: leftovers #123

Good move, in my opinion.

Remember: As a REIT, UNIT must pay out a minimum of 90% of gains.

REIT tax-advantaged status will be forfeited if the company willy-nilly fails to cover this all-important foundational stone in company make-up. All this talk about distribution cuts is meaningless in my opinion so long as UNIT continues to follow the letter of the law.

Obviously, if sales channels are compromised due to forcing WIN's hand, then whatever happens will result directly from court rulings. Absent those, however, it's business as usual as I see it.

But I'm just one man.