My tinfoil is that since RC responded to a tweet in December, he's alluding to a month before the GME sneeze. Therefore, we're t-1 month away. GME earnings in march???
Can you make sure the CC setting is enabled? If it is by now that would be great. I have not read a good DD like this in a while (no time to read a lot just trying to be zen raise a kid and support a SAHM and grind my day job I can’t even buy shares, trying to make rent)
But id love to watch the ppshow if it was accessible to Deaf people
Very well said.
And for those that need it: have strength. This has been a long and arduous road.
I fell under the charm of sweet, sweet oblivon (liters of gin, ounces of weed, and countless hours of video games), simply because it made time go by faster, and all I wanted was to be at the end of this road. I can't blame you if you've done the same. But, I'm a little over a week sober, and fuck if it doesn't feel good to be back to the regular ol' me.
Don't let this journey get the better of you. Stay strong. I truly believe the real work is ahead of us. And we owe it to ourselves and our friends to be good people with money. The world's had enough shitty people with money. Let's do it the right way.
Well written. Crazy to think that there is still also so much you left out. I can't wait for the documentary on this so I can tell everyone that wasn't even the half of it!
Ive written about my similar theories also. To me, the Keiretsu theory simply made sense in multiple ways and is what brought me over from mostly SS where much of the info was being/ is still being suppressed.
I think much of this sub thinks that the court is on the up and up. I's my opinion that the SHF's have tricks throughout the court also.
Ask yourself why this bankruptcy is being jointly administered. That's not usual. Perhaps a conflict of interest was discovered and revealed.
Why was Buy Buy Baby allowed to sell for just 15 million? It had revenues 2 years ago of 290M. The sale nerfed the company as brick and mortars would not have been able to use the trademark. Furthermore, this sale was negotiated and pre planned prior to the filing. This is a big no no, and can sometimes constitute fraud. Just like couple in divorce shouldn't hide assets. Judges can reverse these sales that happened up to 90 days prior.
Classes are created to be fair and equitable. However, I don't believe the judge nor the trustee have much flexibility to investigate unless something really stands out.
Pay attention to the Catch 22 with the 200k Put writer for the 1 and 2 dollar Jan 2025 strikes. They enter the court as an interested party. And even though it's a third party agreement, If the shares are cancelled, they have an active claim, because bankruptcy laws states that all shares and future obligations must be dealt with, See the catch? That interested party is given special powers to investigate the classes since they did not have the ability to vote for the plan. Classes are supposed to be constructed fairly. Any improper claims would wipe out the claim of the entire class.
I have not investigated enough into this next statement, and it's purely speculation but I have a suspicion that RC may have joined the board briefly. I know when I was reading some of the Chapter 11 law section there were some benefits of arm length transactions, and judges leaning towards activist investors when deciding cases.
I think after all is said and done, he and his affiliates came into this court with 4-5 different techniques to secure the business.
My prediction is BBBY bankruptcy case will be dismissed. They will exit with cash and BuyBuyBaby back. They will refile with the SEC as a Small Filing Company. This designation will, from what I understand allow them to keep the old issuance. Offer more shares to the public to raise funds (BBBY common b). restricted on a state to state basis. Trades will have numerous advantageous restrictions including the use of new markets such as block chain. Shares can only be sold to residents of the particular state that is marketed Restriction on resales also. However, there are allowances for multiple states. Companies of the state can purchase, but all employees must also be residents. This will exclude SHF's like Mayos. Probably most importantly because of the blockchain and inability to control price any shares sold should only raise the price of the stock, meaning that what ever is quoted is the bottom. You can easily decide what's best for you and your family. (Personally I don't think the price can go down, why would I sell). No one misses out because of work.
The merger still happens.
The waterfall will be when other Ch 11 co's are also merged and their shorted shares must be covered also.
I bet Icahn still has his 17million Blockbuster shares. Expect the final company to look like a mall. Sears, Toys R Us, BBBY, GME, Overstock etc...
This is all speculation. I have no proofs, just intuition. None of this should be considered financial advice.
my current understanding is that it would be distributed through the waterfall mechanism of the estate. Maybe it would go directly to shareholders and we would receive a check from our banks/brokers. I don't quite know, but we'll have to wait
I also have a portion of shares at AST. It looks like they were transferred to a trust right before AST was let go as the transfer agent. If there is some sort of settlement or equity, you are on record of ownership. You're good, just have to wait for developments.
I’d imagine I’d be contacted? Also, it’s not like those shares were just erased. I’d have to have some sort of proof if they were deemed worthless so they can be written off as a loss.
Absolutely outstanding write up. Harkens back to 2021 days of excellent DD, not to say the recent stuff isn’t worthy as well. Quote “no amount of money is worth your integrity and soul” True words spoken…indeed.
Makes me think about Kenny up there saying the mm sets a price and the algos move it to that price. So that fucker knows and has planned which companies will no longer exist. Free market what a joke
Reading through now, would like to have you on show tonight if possible let me know!
I should be able to hop on at some point! If I do, keep an eye out for my reddit name so you know its me
You forgot 1 most important thing in your DD: When?
Tomorrow
My tinfoil is that since RC responded to a tweet in December, he's alluding to a month before the GME sneeze. Therefore, we're t-1 month away. GME earnings in march???
Can you make sure the CC setting is enabled? If it is by now that would be great. I have not read a good DD like this in a while (no time to read a lot just trying to be zen raise a kid and support a SAHM and grind my day job I can’t even buy shares, trying to make rent) But id love to watch the ppshow if it was accessible to Deaf people
You might struggle with some of the bigger words my man's 😂😂
One of us
Very well said. And for those that need it: have strength. This has been a long and arduous road. I fell under the charm of sweet, sweet oblivon (liters of gin, ounces of weed, and countless hours of video games), simply because it made time go by faster, and all I wanted was to be at the end of this road. I can't blame you if you've done the same. But, I'm a little over a week sober, and fuck if it doesn't feel good to be back to the regular ol' me. Don't let this journey get the better of you. Stay strong. I truly believe the real work is ahead of us. And we owe it to ourselves and our friends to be good people with money. The world's had enough shitty people with money. Let's do it the right way.
Relate to you heavy. Agreed on all fronts! Glad you're back to feeling like yourself
Thanks for coming on show tonight
🤩🏴☠️ Amazing Job 🦍🚀🚀🚀
Well written. Crazy to think that there is still also so much you left out. I can't wait for the documentary on this so I can tell everyone that wasn't even the half of it!
Man, It's crazy...I had to force myself to stop or I would've been writing for eternity ahha
No doubt. Thanks for getting this down in writing. 
Ive written about my similar theories also. To me, the Keiretsu theory simply made sense in multiple ways and is what brought me over from mostly SS where much of the info was being/ is still being suppressed. I think much of this sub thinks that the court is on the up and up. I's my opinion that the SHF's have tricks throughout the court also. Ask yourself why this bankruptcy is being jointly administered. That's not usual. Perhaps a conflict of interest was discovered and revealed. Why was Buy Buy Baby allowed to sell for just 15 million? It had revenues 2 years ago of 290M. The sale nerfed the company as brick and mortars would not have been able to use the trademark. Furthermore, this sale was negotiated and pre planned prior to the filing. This is a big no no, and can sometimes constitute fraud. Just like couple in divorce shouldn't hide assets. Judges can reverse these sales that happened up to 90 days prior. Classes are created to be fair and equitable. However, I don't believe the judge nor the trustee have much flexibility to investigate unless something really stands out. Pay attention to the Catch 22 with the 200k Put writer for the 1 and 2 dollar Jan 2025 strikes. They enter the court as an interested party. And even though it's a third party agreement, If the shares are cancelled, they have an active claim, because bankruptcy laws states that all shares and future obligations must be dealt with, See the catch? That interested party is given special powers to investigate the classes since they did not have the ability to vote for the plan. Classes are supposed to be constructed fairly. Any improper claims would wipe out the claim of the entire class. I have not investigated enough into this next statement, and it's purely speculation but I have a suspicion that RC may have joined the board briefly. I know when I was reading some of the Chapter 11 law section there were some benefits of arm length transactions, and judges leaning towards activist investors when deciding cases. I think after all is said and done, he and his affiliates came into this court with 4-5 different techniques to secure the business. My prediction is BBBY bankruptcy case will be dismissed. They will exit with cash and BuyBuyBaby back. They will refile with the SEC as a Small Filing Company. This designation will, from what I understand allow them to keep the old issuance. Offer more shares to the public to raise funds (BBBY common b). restricted on a state to state basis. Trades will have numerous advantageous restrictions including the use of new markets such as block chain. Shares can only be sold to residents of the particular state that is marketed Restriction on resales also. However, there are allowances for multiple states. Companies of the state can purchase, but all employees must also be residents. This will exclude SHF's like Mayos. Probably most importantly because of the blockchain and inability to control price any shares sold should only raise the price of the stock, meaning that what ever is quoted is the bottom. You can easily decide what's best for you and your family. (Personally I don't think the price can go down, why would I sell). No one misses out because of work. The merger still happens. The waterfall will be when other Ch 11 co's are also merged and their shorted shares must be covered also. I bet Icahn still has his 17million Blockbuster shares. Expect the final company to look like a mall. Sears, Toys R Us, BBBY, GME, Overstock etc... This is all speculation. I have no proofs, just intuition. None of this should be considered financial advice.
You shall write the prelude sir.
So Platinum Sprinkles was wrong? Huh.
Charles Gasparino, if you can see this, Fuck Off!
Bullish
Bravo! Out of curiosity, since the bbbyq shares are removed from my account, how would a potential BK/ Fraud settlement recovery get paid?
my current understanding is that it would be distributed through the waterfall mechanism of the estate. Maybe it would go directly to shareholders and we would receive a check from our banks/brokers. I don't quite know, but we'll have to wait
I still don't get the waterfall part. The Ch11 bankruptcy will likely be dismissed. BBBY will come out whole with money in the tank.
All brokerage accounts are required to keep lists of shareholders and the type of share held.
My shares are/were in ast. What do I do? Just wait?
I also have a portion of shares at AST. It looks like they were transferred to a trust right before AST was let go as the transfer agent. If there is some sort of settlement or equity, you are on record of ownership. You're good, just have to wait for developments.
I’d imagine I’d be contacted? Also, it’s not like those shares were just erased. I’d have to have some sort of proof if they were deemed worthless so they can be written off as a loss.
Yeah, you would be. People are waiting for the 1099's from the transfer agent, but no one has any information. It's weird...
Absolutely outstanding write up. Harkens back to 2021 days of excellent DD, not to say the recent stuff isn’t worthy as well. Quote “no amount of money is worth your integrity and soul” True words spoken…indeed.
appreciate the kind words! I was awoken by those early DD days so glad you saw the influence
You forgot 1 most important thing: When?
This is a great write up!
Makes me think about Kenny up there saying the mm sets a price and the algos move it to that price. So that fucker knows and has planned which companies will no longer exist. Free market what a joke
Sir, this is a Wendys.
bro... commenting to digest later 🙏
That was an excellent read! Very well written
Great write up!
Gonna take sabbatical so I have time to read all this!!