Oct. 2 at 6:35 PM
Joseph Stilwell and associated Stilwell entities (Value, Activist, Partners, etc.) control multiple tranches of convertible notes and preferred stock that can be converted into Wheeler REIT common shares, and they collectively hold significant indirect ownership stakes. The filing shows that Stilwell is consolidating power via convertible instruments with downside potential for dilution to common shareholders
$WHLR the scam continues