I interpreted Ackman differently. He said an Uplist could happen immediately and would benefit shareholders much faster than an IPO. He said an IPO is very complicated and will take longer. Hes advocating that FNMA and FMCC be uplisted asap then, work on everything else gradually. He mentioned that he wants funds and institutions to be able to start buying shares, but they can’t if they keep remaining in the pink sheets. His proposal to uplist the shares asap benefits shareholders much more, and faster, than waiting for a merger/IPO to uplist. FNMA and FMCC totally qualify for an uplist. There’s no reason for them to still be trading down here in the underworld
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