from your informative post -- the opinion - copied
...then find an elegant solution with the current senior preferred shares to possibly share in a much more shareholder and conservatorship responsible way the profitability of the companies which under our law mainly belongs with shareholders.
Great and everyone agrees with you - but - the above has been true for 17 year - what is new (not even DJT is new)
GOV has not and will not kill warrants and then share ownership in some adult reasonable fashion - per the above . WHY? For whatever has been the reason for say the last 12 years - four of BO - 4 of DJT - 4 of Biden - and now months of DJT 2. sorry but GOV will not do that. I do not defend that but we experience it. I would love it but GOV has not and will not do it . But - as noted by ACKMAN - GOV might go for a win win - them 79% - exercise warrants for a ton of cash and then kill the LP/P in trade . Not saying it is right - but it might end this misery
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