Good question ...One can remove that SS to a private placement offering...if the market won't deal...spin off The Bank had to be private anyway right ? I get 15 Million + 2.1 Million SREH + 32 Million J105's + 54 Million Surrendered Ally = 103.1 . 103.1 Million Shares the market doesn't want to deal with.
Mathematically it would be like 13 Billion ENTI plus 2 billion ENTI control shares for ENTI .
What does that leave ?
15.4 Billion PTEL 1:1's that are already approved for a 1711.156 or .17 or 9 million B shares
1 Billion restricted
and 468 million IYP's divvy's .
and another company holding 32 million equity shares without taking a position. Your 500 million Trust.
Funny that Ally released divvy's @ .17 I believe in 2019 with a Approved temporary price wavier. What is Ally's SS ? 375 Million ? Was it 9 million worth ?