But your "separate account" has to disappear before recap/release takes place - otherwise no one would subscribe to the IPO. How do you envision the elimination of the "separate account" in practice? Will there be any conversions? Like converting LP (fully or partially) to commons?
You fool no one, Bradford-LuLeVan.
The real and only Bradford ist hopefully asleep...
And Orwell's "Big Brother" is today's Deep State. Felt economy to the hilt.