/biz/ - Business & Finance

Something seems to be imminent

Are the new shares going to be in the room imminently?

Couch status: fucked. All I know is that ch 11 doesn’t mean ch 7 and there have been various examples of successful ch 11 turnarounds, hertz American etc. Bbby is a legacy American brand. Some Canadian Jew internet petfood salesman wrote a nice letter outlining the value trapped within that is buy buy baby, the nols etc and even tried to buy it straight up for a little 400 milly in 22 before the board allegedly did some buy back shenanigans and a csuite member offed themselves. Whole thing stinks. For some reason the bonds are still trading and jpm allegedly spent a little 38 milly on them for apperantly no reason at all. That same guy is also all over the dockets as a creditor/debtor. I’m just patiently waiting to see how it plays out.

>he's still thinking in terms of shares
hahahahahaha, you poor fucking retard

>>59559587
I have never been so comfy. 2025 is the year we wagmi.

>>59559620
Yeah I’m an occams razor chad myself and if there is to be a wagmi event I think it’s as simple as hoes we’re waiting for a change of administration. Some theorize that Carl Icahn basically came out and said as much pertaining to the notion of how M/A could factor into such a theoretical trajectory but hey. I don’t know.

baby

[Intro: Justin Bieber]
Oh, woah
Oh, woah
Oh, woah

[Verse 1: Justin Bieber & Ludacris]
You know you love me (Yo), I know you care (Uh-huh)
Just shout whenever (Yo), and I'll be there (Uh-huh)
You are my love (Yo), you are my heart (Uh-huh)
And we will never, ever, ever be apart (Yo, uh-huh)
Are we an item? (Yo) Girl, quit playin' (Uh-huh)
We're just friends (Yo), what are you sayin'? (Uh-huh)
Said, "There's another" (Yo), and looked right in my eyes (Uh-huh)
My first love broke my heart for the first time, and I was like (Yo, uh-huh)
[Chorus: Justin Bieber]
Baby, baby, baby, oh
Like baby, baby, baby, no
Like baby, baby, baby, oh
I thought you'd always be mine, mine
Baby, baby, baby, oh
Like baby, baby, baby, no
Like baby, baby, baby, oh
I thought you'd always be mine, mine

>>59557471
Does anyone know how to locate BBBY 34 & 44 bonds on fidelity?

>no BBBYQ thread all morning
>GME price shoots up
>BBBYQ thread gets made
It's just so tiresome. Can't you guys latch onto a different stock? You aren't going to convince GME holders to buy your bonds.

>>59560794
They arent listed

>>59560841
>>59560904

>>59561034
Hey, you dumb FUCKING nigger. All brokers do not list the bonds; hence me saying they are not listed. They are on IBKR.

>>59561053
You seem upset. Are you getting enough electrolytes in your diet?

It begins at midnight, lads.
Cash payment
Then Teddy to TZero by Valentine's Day/
Some dude on twitter said so.

>>59561875
Based

Bbby bonds are on e trade or ibkr

>>59561875
Source?

>>59561875
Can I see a link to this mysterious fellow?

>>59561875

>>59557471
It's ok baggies, just feel better knowing GME and AMC baggies will suffer the same fate as you.

>>59561875
Kek twitter schizos punching air rn

Does anyone have the emails of Ryan Cohen trying to work with the BBBY board that outlines a bit of what they could do to turn the company around?

WAGMI

>>59565052
Yes

>>59565052
I guess no one wants to discuss Ryan's business philosophy when turning companies around, this thread must have been created by a false flagger

>>59566250
I have the emails

>>59566029
>>59566372
May we see them?

>>59566372

>>59566379
>>59566439
They’re in the archives, have a new one.

I'm tired of waiting for this thing

I really feel like hedgies and the SEC are fucked, I'm thinking i'll be able to throw in my resignation very very soon.

C'MON Inauguration day! Throw all those with pronouns away!

>>59566477
Oh shit, checked, what the fuck does that mean? Project butterfly doesn't give a fuck about picking up baby through this process anymore?

>>59566552
>prospect of brand and business revival
He spells it out in the email.

Seriously, it's time for this to end

The PP show is LIVE

AAAAAAAAAAAAAA GIMME MONEY NOW AAAAAAAAAAAAA

>>59566744
No one cares anymore, PP is even more cringe than Pulte at this point.

>>59566477
Irrelevant, this came and went, nothing happened.

>>59567666
WE GET IT LARRY YOU CAN AFFORD EXPENSIVE ICE CREAM VERY COOL BUT WHAT ABOUT ME WHEN DO I GET TO BUY THE EXPENSIVE ICE CREAM

>>59567666
>big dick cheng
>dildo ice cream
>pile of gummy bears
>beans cause he’s gonna shit himself
Oh lawd

there are almost certainly others, but michael is a sleepr with posts like this, clearly trying to make us look scitzo when it is Ryan Cohens direct links to gme/bbby that keep the bbby story interesting. Him crying and creating drama/awkward social dynamics when he took pultes 10k and literally did not say what he did with it when the implicit "social contract" was for him to reach out on behalf of the community to see how far along we are.

There are chapter 11 dates out to march 2025, be prepared for more bad actors to delay shit,

https://www.amazon.com/Lords-Easy-Money-Federal-American/dp/1982166630

as 2019 the FED had to prop up repo markets for the first time since 08, then conveniently covid saved the system because they printed trillions for banks companies, and gave out checks to everyone (which goes right into a bank account anyways, combined with 0% reserve requirement). Considering the delays, when bbby re-emerges we are in for the BIG one.

>>59567681
>WHAT ABOUT ME WHEN DO I GET TO BUY THE EXPENSIVE ICE CREAM
When you let go of the desire to buy expensive ice cream

>>59567736
>Neely Das is a sleeper
>Kais Maleej is a sleeper
>MJL is a sleeper
>Brandon Meadows is a sleeper
>Michael is a sleeper
You are here
>Bill Pulte is a sleeper
>PPSeeds is a sleeper
>Warren Icahn is a sleeper
>Ryan Cohen is a sleeper

>>59567736
Wasn't Ryan Peterson and Flexport already planning or already partners with Ryan Cohen. Why would they want Spirit Airlines?

>>59567806
literally everyone above your "You are here" are actually shills though lmao. PP is a fucking retard and Pulte is not the sharpest but they're at least both genuine.

>>59568172
Kek I noticed that too

>>59567736
>michael is a sleepr
>Him crying and creating drama/awkward social dynamics
I said he was a sleeper months ago when he immediately started beefing with Wolf right after he posted his bbby bond gains.
Michael got caught today again by people for talking shit on an alt. The alt uses the same psychologist/psychiatrist terminology that Michael uses kek. On the last alt he was caught on, the @ was literally
>Fucktheplanman
If that doesn't let anyone know that he's got bad intentions to make BBBY look schizo as hell, idk what will

Pro tip michael, if you're going to alt, change the way you speak. You spent too much time with ESLs at your Carribbean medical school or whatever the fuck its called

>>59568295
PP and Travis should've dropped this jackass the moment he lied about what the 10k is for

>>59567736
>as 2019 the FED had to prop up repo markets for the first time since 08, then conveniently covid saved the system because they printed trillions for banks companies, and gave out checks to everyone (which goes right into a bank account anyways, combined with 0% reserve requirement).
And don't forget that (((they))) are not planning to bail out banks but rather bail in. This is an unconstitutional seizure of customer's cash to bail out the (((bankers))).

If you haven't already, open a credit union account to minimize your exposure of when the banks collaspe

>>59568295
Why does he look homeless half the time even?

>>59568391
Its part of the glownigger schizo look
They have to appear as crazy as possible both physically and mentally.
Aside from the blatant anti BBBY posters, the other strategy (((they))) employ is sending in people to get on the inside and control the narrative. Michael does it with alot of schizo irrelevant theories designed to exhause the mental capacity of BBBY enjoyers.

>>59557471
Tourist here. Normally I have these threads filtered but I was wondering why they still exist? Why are there still people here? Bed Bath and Beyond closed stores like a year and a half ago. Is someone paying for these threads?

>>59568295
>the silly shillies talk to themselves
Sorry glowniggers, just not gonna stop watching the PP show.

>>59568819
Thank you for taking the time to filter this thread but then also un-filter it in order hop in here to point out you previously filtered it, but now unfiltered it to make a comment.
Nothing happening here, please resume enjoying /biz/ pajeet-coins.

>>59568819
>ID
>Lye
>Lie
We meme about kek, but I honestly think there is a good force that stops the glowniggers from having free reign to shitpost. The literal universe calls them out.
God have mercy on their souls.

>>59568172
Point proven

say the line

My favorite player

>>59569993
>Bobby Bonds is dead

>PPCOIN> when? What happened to PP becoming a financial detective and champion? Le’PP

>>59569851
we won

>>59570430

We are building a figting force of extraordinary magnitude
We forge our spirits in the tradition of our ancestors

>>59572215
what a faggot PP is lmao

>>59572215
okay I'll shout it out loud:
WHERE MONEY WHEEEEEEEEERE MOOOOOOOOOOONEEEEEEEEEEEEY REEEEEEEEEEEEEEEEE

>>59572400
checked and kekked

>>59572215
Michael is a HACK

Happy Friday! Anything new in Kroll?

>>59573926
Michael and his "wife" left the last Pulte party at different times in different ubers. They only stood together twice during the entire night and it was to take pictures for twitter, they didn't even seem like they really knew each other

>>59575103
Were you there? Did you go to publix after?

>>59575103
Source?

>>59557471
Kek baggies

I don't see anything too crazy in the dockets besides an adjournment until February 4th for something related to a document numbered 2397

What are you guys even doing in here?

>>59576202
butterflies and chapter 11's

>>59576202
building a fighting force of extraordinary magnitude?
+ forging our spirits in the tradition of our ancestors
you have our gratitude

Decided to start a 3D print farm and print Pulte busts to raise money to buy BBBY bonds WIMI?

The PP show is starting! I, for one, will be tuning in while I enjoy the comfy winter weather.

>>59577210
Comfy! I’ve got snacks PP enjoyers!

>7/19
>10/31
>11/28
>12/31
>1/09
you are here
>1/13
>1/24

>>59577437
you are gay

>>59577437
We aren't anywhere. We're all waiting for CH11 to conclude and not a second before that final decree matters. Silly shillies want us to pretend like we are grasping at straws when in reality we're all just waiting for the thing to play out like everyone else. The thing appears to be progressing with a clear goal in mind and part of the bankruptcy process has already exposed collusion between JPM, a consultant who is also a lender as well as a short seller has been advising the board to steer the company TOWARDS bankruptcy in favor of the shorts and defrauding the shareholders as the board is meant to act in our best interests.
So we basically already know that we won and that will likely only be known once the entirety of the new plan, which included M&A that was being prevented by Biden Admin.
Pretty sure we are ALL going to wagmi.

I'm pretty sure we won, folks
https://www.reddit.com/r/Superstonk/comments/1hyfwsz/occams_razor_by_kerwin/

>>59577573
>I'm pretty sure we won, folks
tell that to my bank account

>>59577611
>womp womp
Silence! you groveling little faggot. You are nothing but a shill and if you're not then you aren't worthy anyway.

if that's the way you choose to treat your fellow bagguettes, then i'm not sure you have my gratitude
i shall resume building a fighting force of extraordinary magnitude

>>59577891
It's a defeatist shill tactic.
>Waaaaah things are taking longer than I am comfortable with.
Lol, shut up you pansy.

>>59577626
>if you're not then you aren't worthy anyway.
Too bad for you that's not up to you. If you want to make it, then that means I make it too.

>>59577929
The war will be won but everyone will know you cried like a bitch and pooed your pants.

>>59576202
Anyone sane involved in this stock cut their losses long ago. Anyone left is a delusional schizo who will never accept that their shares are gone and they aren't getting shit.

>>59577984
https://www.youtube.com/watch?v=9h9qaMDBeZE

>>59577984
Lots happening behind the scenes. If BBBY was a great big nothing-burger they wouldn't be redacting everything. They're redacting things because they know with 100% certainty that the revelations will give public information that relates to a public company that may get front-run and bought up BEFORE the information is ready to become available to the public.

>>59577976
I've earned the right to cry like a bitch SO I'M GONNA KEEP DOING IT
If you want me to stop, you better pray this ends soon
REEEEEEEEEEEEEEEEEEEEE

>>59578103
There might be shit happening, but none of it brings you anything.

Why is Goldman Sachs also buying bonds?

>>59579187
Spoon feeding time is over rajeshi

>>59578376
Doubt it. We already proved the fraud suspicion and we already know RC wants baby and there are $4BN in NOLs available. We have two avenues to profit here and both look like slam dunks to me.

>>59578376
Remember where your goal posts were 6 months ago? Of course you don’t, what am I saying.

45$ in Six month

>>59577508
>We're all waiting for CH11 to conclude

>Shills in Shambles
>RICO Roundup
>Fraud Payout

>>59579930
I don't see anyone being charged with fraud. Why would RC want baby, it's turned out to be a bad investment for the ones who actually bought it, and even if he did buy it, you would still get nothing.

>>59580843
>even if he did buy it, you would still get nothing
Nuh uh

>>59580843
Biden was obviously protecting Wallstreet corruption. Everyone seemed quite happy that Trump won and I believe BBBY bankruptcy was being dragged out for exactly this reason.
Pulte seems to be poking a lot of fun lately and he sure causes a whole lot of seething.

>>59580638
Just...

3 more years

Long time to wait
Plenty of time to
Build a fighting force of extraordinary magnitude

This saga has been so much fun and I can't wait to see where it ends up.

>>59581176
3 more years of PP gold and PulteCon

>>59582538
>This saga
Interesting. Just today, I thought of it as a "saga" and considered checking the thread, and now I see you’re calling it a saga too.
Synchronicity sign

>>59582538
>so much fun
I agree, I'm having a lot of fun

>>59584499
That's good to hear, fren. It's almost over and soon these last two years will look like a flash in the pan once we get our tendies. There are unsolved mysteries about this bankruptcy for a reason. They don't just redact material public information just because. They do it to prevent people from front-running a trade to get in before the big M&A announcement.

>>59584743
Either Pitchbook damaged their credibility and thus the value of the product they sell (accurate private market research) to pull a big ol sneaky stinky on a handful of retards investing in a distressed home goods retailer OR there was a leveraged buyout on January 13th 2023 which triggered a default on the asset-backed loan (Baby) with JP Morgan.

>>59585336
That is a powerful notion there, that pitchbook would be some $20,000 per year service that is nothing more than a wikipedia page that some know-nothing-outsider can log in an post some rumors.
No matter how you slice it, there are still so many unanswered questions that leave it fully open to towelchads winning. We've seen the fraud & collusion PROVEN. We've heard the insiders openly support trump and state out load they were waiting for Biden to leave office. We've seen Pulte & RC take photos together INCLUDING one with president Trump.
This is nothing more than a waiting game at this point and I actually don't see the bear thesis one bit. Pulte making weird statements that give him plausible deniability is the least of my concerns.
The seethies never stopped seething and we even went in to CH11 with Cifu crying on twitter. If he won he would HAPPILY have been naked shorting every last share he could sell. He wasn't crying for you and I. He was crying because he found out that JPM was outmaneuvered. The plan was for JPM to loan money and then naked short the company while in the drivers seat of the DIP loan. Once they were paid off and their claims removed from the CH11 case it was over. Because it would have been illegal to do so otherwise headed into bankruptcy. Which means there is a LOT more money on the table than we can account for. They likely sold off the good parts of the company and took the carcass to CH11 to cleave off the leases and clean up the balance sheet. All of the shares they naked sold short still exist and will most likely be settled out of court to prevent a squeeze. Let's be honest, backroom negotiations they know people were slurping hand-over-fist those $0.04 shares. They would happily pay us $45-200 per share than risk a squeeze wrecking the DTCC who is also set to get prolapsed by GME right afterwards.

>>59585608
Douglas is upset because Virtu sold 162 million shares OTC of a company with a 117 million share float. He did a big uh oh stinky and it isn't going away like he expected.

https://x.com/ftwpurpl/status/1872060775013261375

>>59585736
The shares were canceled so it doesn't matter. No one has to return shares that no longer exist.

>>59585760
It does matter, he committed fraud by doing that.

>>59585760
False. Naked shorts create longs and any amount of money owed to shareholders will create a shortage owed to the longs and must be paid by the shorts. In this way it is IMPOSSIBLE cancel the short position if there are still assets owed the shareholders. Or if there is a fraud payout. The calculations are determined by the outstanding share balance. So if there should only be $117M shareholders to divvie up $10BN, that calculation would be $85 per shareholder. If there are 500M shares (real and naked) then the shorts are still on the hook for the $85 per share.

>>59585803
>that calculation would be $85 per shareholder
There are no shareholders.

>>59585819
Of course there are. You're just being disingenuous.
Please read: >>59585736
As you can see, we have also found documented evidence of naked shortsellers colluding with the board to defraud shareholders.
So, how then, would it be calculated the amount of money owed to the estate if a settlement is reached. Would it be calculated using 117M or 1.5BN shares?
Because in this hypothetical situation, surely a technicality of a share cancellation would not in any way be prohibitive of figuring out who was defrauded. It's not like the records are gone. So if there was exactly $117M left of the estate, would everyone get $1 or would everyone get $0.10?
Real simple question here. What is your answer?

>>59585874
Don't forget real shareholders had evidence what happened to their shares on their tax forms that year. They don't want people to know there are indeed finance codes to signal what happened. They also don't want people to know GME posted about a tax reported loss of a security not sold due to legal reasons.

Based thread. When this is all over I’m going to change my name to Bobby Wagmi.

>>59586066
>>59586322
Checked. Blessed thread confirmed.
>>59586322
>When this is all over
When this is all over, I, for one, will be traveling the world with Tight Tummy anon spreading my white seed and antisemitism all across the world.

>>59586066
QRD?

>>59586553
None of this is financial advice. Here's the link for reference:
>https://www.irs.gov/pub/irs-prior/f1099b--2023.pdf

Let's presume the following facts:
1) A BBBY holder got one of these from their Broker for their shares that vanished(but no information that they were sold or canceled).
2) You see your cost basis, date acquired, but not date sold.
3) Box 1d has $0.01 in it. So you can see your loss for that year would be cost basis - 0.01

With these 3 facts in hand. Go to page 5, "Instructions for recipient". Look at Box 1d. Read it VERY carefully what it tells you a proceed may indicate. When the light bulb goes off, you're welcome.

>>59586891
So what if 1a shows expired, 1c shows the date of cancellation, 1d shows $0.00 in proceeds, and gain/loss shows -(cost basis)?

How about those spicy bonds? I've been gathering some here and there via etrade. Any thoughts about how those will play out, considering fraud and all?

>all the baggots slowly crawling back to BBBondChadshill after realizing i was fucking right and they were fucking wrong
pathetic fucking faggots

>>59587481
Don't flatter yourself, retail started buying bonds due to Pulte's bond purchase and one of the board members commenting that retail owns a large portion of BBBY bonds back in August 2022 right when RC sold his shares.

>>59587470
Bonds are in default, no recovery likely.

>>59587053
My heart weeps for you, honestly.

>Kj0YYRo0
What is this lazy bashing

>>59587557
IDK bro, JP Morgan is holding them in their Money Market (high-quality short-term) fund. Goldman Sachs seems to hold them in their trust as well. Why would they have assets that wouldn't yield a profit? Also, both of them are involved in fraud case. The way I see it, if they're holding these distressed bonds, why shouldn't I?

>>59587545
yeah
and i bought the bonds before then
and received the final coupon payment
which recouped nearly the entire value of the position i took
you and pulte are all bond baggie faggots while i get a free bond lottery ticket position that absolutely chads yours
>inb4 you pretend this didn't happen
no refunds baggot

>>59587688
>"Why would they have assets that wouldn't yield a profit?"
>anything hedgroids invest in will not lose
based and we should all short gme

schrödinger's hedgefund

>>59587737
>JP Morgan
> Goldman Sachs
> Pulte
Are all bond baggies except for you?
lol, lmao

>>59587791
>they all bought post-bankruptcy and didn't receive the final coupon payment
>i did
yes
next question faggot

>>59587481
>>59587718
If this is actually bondlad then I fucking kneel. There was someone in here in like late 22/early 23 hardcore bond memeing.
>>59587688
Checked. These are my thoughts too. As a former shareholder establishing a legal claim to the debt (via bonds) just makes sense to me. Also, I still personally believe in the possibility for a positive outcome for shareholders so if that’s the case then why wouldn’t one want to insert themselves higher up the waterfall in keeping with the absolute priority rule if it’s available? Genuinely asking. As for jpm/goldman is it possible that they’re aware of market things beyond msm sentiment and maybe even during the discovery/litigation for other things became further privy to the notion that perhaps not all was lost? Not a lawyer and not financial advice. Genuinely wondering.

>>59587814
>bond memeing
there were no memes
i unironically said "buy the fucking august 24's or i'm gonna be kekking you hard later" and i get endlessly sneeded
all brokerages stopped retail from buying the 2024's well before they even reached maturity (ask yourself why)
>hint: you're behind me in line
look how the turntables

>>59587828
I bought some august 24s last year. Not sure when. I do know that it’s only a handful of brokers who can still buy and I don’t know about that particular year. In any event, what outcome(s) do you possibly foresee for bondholders? I have 24/34/44 myself. I always thought in a best case scenario they would be made whole in cash and/or get equity in an acquiring entity.

>>59587688
>>59587814
The only solution I could come up with for JPM and Goldman Sachs buying BBBY bonds are buying them and selling to retail investors who are the main ones buying? But this theory doesn't really make sense for two reasons. The first is where would JPM and GS be getting BBBY bonds at a low enough cost basis to flip onto retail investors? If the 2044s are going for $16 a bond, where are they buying these bonds for less than that? The second reason is, is retail really buying enough bonds for JPM to sell out of there entire bond position? IIRC, JPM had about $28 million in bonds for October and then reported zero in November only for people to find the bonds were in a different JPM trust. Was JPM hiding their position the moment retail find it?

So the main question is, are these guys getting ready for BBBY to emerge or simply selling bonds for profit like the JPM Trust fundsheet states?

>>59587828
Etrade still allows you to buy the 2024s, even to this day

t. Holder of all 3 bond years

>>59587814
>Also, I still personally believe in the possibility for a positive outcome for shareholders so if that’s the case then why wouldn’t one want to insert themselves higher up the waterfall in keeping with the absolute priority rule if it’s available? Genuinely asking.
You're correct. Anyone still following BBBY after bankruptcy and is confident in it returning should be buying its bonds. The only reasons not to are either too poor, too busy stacking GME, or you're not 100% confident to increase your position. PP sneeds doesn't hold bonds for whatever reason. Glownigger michael claims to be too poor for bonds. My XXXX stock position that I got for pennies on the dollar pales in comparison to the 7 figures in bond debt that I now own for literally less than 1 cent on the dollar kek

>>59587871
>what outcome(s) do you possibly foresee for bondholders?
don't know and don't care
i just noticed that the bonds were trading abysmally low considering there was still the possibility of a final payment before bankruptcy so i bought the position betting on the company fucking over shareholders one last time
for what it's worth i don't expect bondholders (and especially not shareholders) to receive any money at all from bbby because ryan is jewish

I dropped a couple hundred dollars on this when it hit below 10 cents at the bankruptcy just for fun. I wasn't really expecting to see it back but I can't believe it has been years and you guys are still making threads. Why?

It has been YEARS. Why are you still acting like it coming back is a possibility?

>>59587597
So why are some people showing 0.00 and others 0.01? This thread has a 0.00 from Fidelity but a 0.01 from public.com.

https://www.reddit.com/r/Teddy/comments/1amlswo/etrade_sent_my_1099_guess_what_nothing_in_there/

This thread shows a 0.00 from Schwab

https://www.reddit.com/r/Teddy/comments/19awvra/schwab_got_me_my_tda_1099_tonight_why_is_my_cost/

Which broker do you use?

>>59586336
I miss tight tummy anon

>>59588358
Not your problem

>>59588499
Now you're beginning to see it. Let's consider that the penny MEANS something. After all this is investment finance. Why would they do something in compliance with a tax reporting form AND give this out to you, while not saying a damn thing otherwise. Consider maybe that your broker was following instructions. It's my honest thought that the penny means your shares were moved into the trust with the AST DRS's because the underlying trade confirmation was actually cleared internally or by the clearing house and the $0.00's are in ngmi land. It could be that trying to locate as many as the non trusts as possible is one of the reasons for the delays. Like if a portion of the trades got life changing money + Teddy/DK-Butterfly units, and other people got absolutely nothing. I could be wrong about this, but I've seen 0 evidence demonstrating that, only for this case. Also, why did GME post similar language in their own quarterly's in 2024 that aligns with these retail 1099's?

>>59589900
this general is so fucking gay
>GREAT VALUE COMPANY
>HODLLLLL
>THERES A FIGHTING CHANCE IN CHAPTER 11
>0.00's are in ngmi land sowwyyyyy

>>59589900
I would be owed those units the same as anybody else. If someone has to go buy them from someone else to deliver to me what I am owed, that's not my problem. If they want to buy my entitlement to what I am owed from me then they can pay the price I demand. I want those units.

>>59590390
GS lying about the CUSIP is super interesting. I'm glad I bought some bonds

>>59590390
how do we know that the cusip is wrong though? what if they actually own the other companies bonds?

>>59591083
It's labeled DK Butterfly with the wrong CUSIP.

If it was actually the other company's bonds it wouldn't be labeled DK Butterfly.

>>59591163
so the label takes precedence over the cusip? Because what if the cusip is correct and the labeling is wrong? Either way the mostly automated systems shouldn't be making an error so it is noteworthy regardless. It just gave me the "make the community look stupid" vibes because I would figure such a blatant error (Especially in the information age) would be more serious but i suppose these guys were selling ocean front real estate in land locked states during the lead up into the 08 crisis, so these crooks will do anything to suppress/disseminate information as they see fit.

>>59590836
Honest to goodness bull thesis take(that's not financial advice): Read your brokerage agreement my fren. This was talked about even before the gme sneeze. Get to the part about acts of God and disasters and market volatility. They can and will rug their own shareholders. There could be a lot of cases where they even have clauses about returning your cost basis is all they need to do to make you whole while they pass the buck to their clearing house as the one being responsible for defaulting on you. Now you're in court with them.

I could indeed be wrong about all this, but there's too much evidence to suggest otherwise atm. Maybe there's more here that would attempt to make whole, over time, holders who were synthetic the entire time. After all, naked shorting implies now naked longs all over the system. Look at all the hi-jinx with CAT and FTD's. Those are ultimately someone's longs that don't look right. But in the case of BBBY there are no shares in the market to buy right now as they ALL seem to be removed under judge order and placed in a trust.

we already won

>>59591592
Yep, the trust is placed into the system at this point because even with the changed verbiage of GameStop reporting drs numbers, we can pretty safely assume that the shares that are DRSed is less than the float, so if the systems pull crazy shit, bbby and gme are done plays. I imagine they will offer flat payouts instead of a massive squeeze because there are easily billions of shares of bbby and gme circulating, and a squeeze even into XXX or X,XXX territory would collapse literally the world economy and there not letting that happen no matter what, unless they have plans to just let the currency we'll all be "rich" in undergo massive inflation. Very difficult to tell, but with middle school level math one can take the likely shares circulating, assume like 50-60% of those will be sold in a squeeze, and times it by $xxx or $x,xxx and beyond, and you get retarded numbers that exceed all money that's ever existed in all of humanity combined, simply infeasible.

>>59591592
If they can just refund cost basis for shares and tell you to sue the clearing house then they can do it for GME and every other stock in the market too. That also doesn't help self-clearing brokers like Fidelity, Vanguard, Schwab, etc.

I'm not saying that it can't happen the way you describe but there seems to be far too much panic from far too many bad actors for that to be the outcome. It would mean they could have simply refunded the cost basis for GME shares while trading was halted 4 years ago and defused the situation then and there.

>>59591781
I don't see how the exponential debt crisis gets resolved without a lot of money printing and the inflation that goes with it.

>>59591781
>billions of shares of bbby and gme circulating

There are zero shares of bbby circulating because it was canceled. Please learn how the stock market works before investing.

>>59591563
>Because what if the cusip is correct and the labeling is wrong?
Goldman Sachs reported owning both the 2034 and 2044 of DK Butterfly. That's four points of information, the two different bonds years plus entering in the name DK Butterfly twice. I'm supposed to believe that they got these four points of interest wrong compared to the two wrong CUSIP numbers, both of which belong to Merck bonds? It doesn't make sense.
>Either way the mostly automated systems shouldn't be making an error so it is noteworthy regardless. It just gave me the "make the community look stupid" vibes because I would figure such a blatant error (Especially in the information age) would be more serious
How oblivious are you? All of these automated systems allow human intervention and are programmed to be flawed. (((Wall Street))) knows that they can improperly report things and blatantly violate laws because they can pay a penalty that is fractions of a penny, without admitting any wrong doing, and get away with it. (((Gary Gensler))) doesn't give a single fuck about holding his fellow tribesmen accountable. If I can make $3 billion illegally, pay a small fine, and get away with it, who the fuck wouldn't take that deal?

Pic rel is today. Who knows how much money Robinhood made while violating the laws. (((Vlad))) won't see any jail time.
He already got away with shutting down the buy button in 2021

>>59592025
Yes i understand and agree with everything you said. I didn't realize that there were more data points than just the one filing. It appears that they are buying/have bought bonds and miss-reporting them "on accident", because the fine for the "automated" systems that no human manually "intervened in" is low and they just dont fucking care. I kind of checked out a while ago and have been working on other things and poking my head in once in a while because we have court dates out to march 2025, so the next few months should give some interesting things to discuss.

>>59591823
>too much panic
I'm not trying to fud or anything btw. Just sus out why these mysterious penny's exist. I think I'm on to something here. This is also a good reason to have hung on to ALL trade confirmations in the event shit gets wild on settlements.

>>59591781
>I imagine they will offer flat payouts instead of a massive squeeze
Check out GME's shelf offering especially the part about buying treasuries, book entry units, etc. I imagine the plan will be whatever crypto the teddy units come in will be used to offer a kind of swap instrument treasury for holders in lieu of selling. I can't imagine the incoming admin would want LESS money flowing in the hands of American spenders.

What's going on in here?
Awwww sheeeeeeit

>>59592025
They're paying a fine? Who is getting that money?

>>59593194
They just take that cash and convert it to gold and just give it to the Rothschilds.

>>59593194
Fines are not getting paid, it's purely optics

>>59591718
Kek. BBBY investors actually follow and buy the same stock as this retard.

New docket yesterday 1/13/25, have some slop

https://restructuring.ra.kroll.com/bbby/Home-DownloadPDF?id1=MzI5NzE0NA==&id2=-1

1. **Chapter 11 Bankruptcy**: This type of bankruptcy allows a company to reorganize its debts while continuing operations under court supervision. The document shows Bed Bath & Beyond is undergoing this process.

2. **Plan Administrator**: A Plan Administrator (Michael Goldberg in this case) oversees the bankruptcy process, ensuring compliance with the reorganization plan, including handling leases and disposing of assets.

3. **Lease Rejection**: The court has authorized the rejection of specific unexpired leases listed in the attached exhibits. This means the company will no longer be bound by the financial obligations of these leases as of the specified "Rejection Date."

4. **Abandonment of Personal Property**: Bed Bath & Beyond is also allowed to abandon any remaining property at the leased premises. This allows the landlord to dispose of these items at their discretion.

5. **Consent Order**: This is an agreement between the involved parties (Plan Administrator, Purchaser, and Landlord) approved by the court. It grants the relief outlined, such as rejecting leases and abandoning property, streamlining the process.

6. **Legal and Administrative Notes**:
- The court ensures jurisdiction over the case and reviews notices and objections to ensure proper legal procedure.
- Hazardous materials and confidential information (e.g., customer data) must be handled responsibly before abandonment.

7. **Outcome**: The order allows Bed Bath & Beyond to cut costs by rejecting leases for locations it no longer operates and remove liabilities tied to those properties. This is part of its effort to restructure financially.

This is typical in large corporate bankruptcies where companies aim to reduce overhead costs and focus on viable operations. The extensive notice section shows the number of creditors and stakeholders involved in the case.

>>59595991
thanks but we already won

kek

>>59596378
>3 months
bruh

>>59596378
Gabby deserves a better man than this, and I’m going to give her one. Anyone got Brad Pitt’s number? I’ve got a job for him

There are 1,545,724,742 shares sold OTC on top of however many shares were sold before delisting.

https://x.com/ftwpurpl/status/1872060775013261375

If we assume a $200 frog payout (Source: I made it up) that's $300 billion on OTC shares alone. JPM is a systemically important bank backed by the Fed. It can't and won't be allowed to fail. This would be the largest financial penalty in American history and require a lot of money printing.

The real prize though are the Teddy units. Shareholders of record receive the units and although beneficial shareholders are entitled to those units only some of them could ever receive them. There is a record of every beneficially owned share in the 1099 tax forms and the brokerages. The halt on trading ordered by the court over a year ago has provided time to do a proper accounting of share ownership.

So, knowing that there is a record of individual ownership of shares whether direct or beneficial, and knowing that there are far more shares than were ever issued, what is the solution? How do you make sure everybody gets what they are owed?

Give the units first to the registered owners, and then put all the units that would be going to beneficial owners into a trust. Everyone in the trust gets proportional voting power. If there are X beneficial shares issued and Y beneficial shares in existence then each shareholder with Z units in the trust would receive (Z/Y)*X voting power. If there is a dividend then the full dividend is paid to every shareholder and the difference for trust shareholders is made up by the chain of obligations going all the way up to the Fed.

In this way all shareholders are compensated with liquidated shorts and money printing (frog payout), but not so much money printing that it destroys the currency (short squeeze), and future dividends are paid by the Fed. If Teddy ever needs to sell equity it can negotiate a private sale to the trust.

Thank you for coming to my TedX.

no worries GME bros are here

>>59597436
you wish bitch

>thread theme
https://youtu.be/zRTeDsZbBwk?si=OHGm8ox13yMfSdd5

Still kekkin atcha in 2025, PridefulAnon. KEK!

>>59597340
I really hope Ryan launches a "Teddy" company, so that BBBYQ baggies watch as they get none of it.

>>59557471
the project won't be announced until 133 members, join the group if you want to get in early

>tg in pic related

>>59598580
Mindbroken

>>59597340
>There is a record of every beneficially owned share in the 1099 tax forms and the brokerages
Greetings fellow 1099 noticer.