RON IF ALICE had the right to offer or not, the UW's had the opportunity to move to the only dilution allowable CLASS which was class 22. WHERE THEY were ONLY SUPPOSED TO BE PLACED IN THE FIRST PLACE
""Alice made up the Class 22 offer to the Underwriter’s.""
You do NOT know this statement to be FACT at all, so looks like you may be making things up don't it