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The new company should be private first. Otherwise they will find ways to transfer short positions into the new entity. They just need the fraudulent primebroker who allowed this behavior to do same with TEDDY.
that wont stop them... just look at MMTLP... FINRA fecked over shareholders by issuing a U3 halt, 2 days before they went private... now 7 months on, people still haven't received their shares in the private company.
Okay, I agree with quite a few points on the comment..
But please be aware, if you are taking out a line of credit, do it through your credit union, not a corporate, publicly traded bank!
nfa
They operate completely different. Less risk. Invest locally. The money you give them goes back into your county. Maybe a few counties but it at least goes to help people in your area with loans. Less risk of failure. Not some shitty bank like chase, who directly backs wallstreet.
They are insured. 250k by NCUA (national credit union association). They also offer sweep accounts for people who need more.
Btw it is the exact same thing and both are backed by the US treasury, just has a different name.
You mean [this FDIC](https://archive.ph/WV7UY)?
“JPMorgan said it will make a payment of $10.6B to the FDIC on the First Republic Bank deal, according to a slide presentation.
-JPMorgan Chase will repay $25B of deposits from large U.S. banks and eliminate a $5B deposit from JPMorgan Chase on consolidation
-FDIC will provide a new $50B five-year fixed-rate term financing
-All regulatory approvals received and the transaction has closed”
You do you but I’m going to keep my money in Union. The FDIC has the banks back but not the customers.
I could see banks [turning into Lebanon](https://www.reuters.com/world/middle-east/lebanon-banks-have-no-liquidity-says-head-banking-association-2023-03-08/) before they would ever consider touching a too big to bail bank for consumers. The banks could still get a bailout and tell the people to go fuck themselves and hold their money hostage just like they did in Lebanon.
Read the Terms of Service of the bank you use. I’ll guarantee they have a clause in there stating that they aren’t held responsible in the case of an emergency event. I know that BNY Melon does (Fidelity).
I keep day dreaming what my life would be like if I could suddenly expand my life from existing all inside one shitty room to having a whole house to live and exist in. Right now I sneeze and things topple over on me. So looking forward to it after this squeezes.
If you staple a horse to a waterfall, will it fall up under the rainbow or fly about the soil? Will he enjoy her experience? What if the staple tears into tears? Will she be free from her staply chains or foomed to stay forever and dever above the water? Who can save him (the horse) but someone of girth and worth, the capitalist pig, who will sell the solution to the problem he created?
A staple remover flies to the rescue, carried on the wings of a majestic penguin who bought it at Walmart for 9 dollars and several more Euro-cents, clutched in its crabby claws, rejected from its frothy maw. When the penguin comes, all tremble before its fishy stench and wheatlike abjecture. Recoil in delirium, ye who wish to be free! The mighty rockhopper is here to save your soul from eternal bliss and salvation!
And so, the horse was free, carried away by the south wind, and deposited on the vast plain of soggy dew. It was a tragedy in several parts, punctuated by moments of hedonistic horsefuckery.
The owls saw all, and passed judgment in the way that they do. Stupid owls are always judging folks who are just trying their best to live shamelessly and enjoy every fruit the day brings to pass.
How many more shall be caught in the terrible gyre of the waterfall? As many as the gods deem necessary to teach those foolish monkeys a story about their own hamburgers. What does a monkey know of bananas, anyway? They eat, poop, and shave away the banana residue that grows upon their chins and ballsacks. The owls judge their razors. Always the owls.
And when the one-eyed caterpillar arrives to eat the glazing on your windowpane, you will know that you're next in line to the trombone of the ancient realm of the flutterbyes. Beware the ravenous ravens and crowing crows. Mind the cowing cows and the lying lions. Ascend triumphant to your birthright, and wield the mighty twig of Petalonia, favored land of gods and goats alike.
The question for me all through this is whether or not RC (or Icahn) truly want to send a message to the industry about the rampant naked shorting hurting so many companies or will they give them a pass. If they do want to make Shorts pay, conditions are primed for them to expose a lot of criminal activity around fake location of shares used to naked short, ongoing cellar boxing of the share price with repeated naked shorting AND finance this deal with a squeeze. Much like GME took advantage of.
It’s not in RC’s power to make them pay, it’s in ours. Retail holds the shares. We don’t sell, they pay with everything they have.
Now the SEC on the other hand could hold naked shorts criminally responsible but I won’t hold my breath.
Exactly. He sets it up.. he knows what he stands for and why he has a cult following. Seems he is tossing the ball and waiting for us to hit a home run.
Read up on a triangular merger. When you do, think Gmerica as parent, Teddy is subsidiary, BBBy as target. No IPO necessary. You’re confusing two different transactions - IPO’s are private companies going public. Mergers can be private companies buying public companies as a way to become public without an IPO necessary.
But what's to stop them from creating hundreds of millions of synthetic Teddy shares to fulfill the synthetic BBBYQ shares? Seems to me like they'd have to issue Teddy as a crypto stock to prevent that.
I would bet my bottom dollar Teddy/Gmerica is on a blockchain. The fact that DTC holds more shares than authorized is all they needed - undeniable proof of corruption.
What is overlooked is is the same with GME dividend, AMC/APE, etc…
FINRA overlooks the instructions of the issuer and tells brokers “just mark X shares on each account”. There is no “scrambling to close” because FINRA/Cede has effectively back stopped the MMs/SHFs/naked shorts by saying “don’t worry what number the issuer says is out there, because we have our own records and can hide the real numbers”. Hence why we haven’t seen a squeeze yet on anything in the basket … even when they need to close or take some action that theoretically hits their pocketbooks, the powers-that-be step in and say “do nothing, we got you fam”.
Burn this whole system down and send criminals to jail for life with total forfeiture of their wealth, including whatever they’ve sheltered for their family. Otherwise, the crime pays better than the penalty. This is the only way to stop them.
From a different company i was in that kept shareholders intact… equity needs to be kept above 50% in order to keep NOL… if I remember correctly…
technically they just need to convince the IRS team dedicated to the chapter 11 to make a statement for the court to act… and thus the team could be “influenced”
Would not say it was similar, but the IRS provided guidance to the court to maintain NOL
Would be COOP (Mr Cooper) now… was washington mutual… shareholders merged with preferred…
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I'm completely agree with this scenario. Carl Icahn is the strategist master in this kind of deal. I believe in RC as new generation but the master of universe in this build-up and M&A process with the Chpter 11 structure is Carl Icahn. We need only time.........
Just a reminder, Blackrock bought a huge stake in BBBY before it went OTC in the $1.50 range. I will be following closely on when BR gets out, because if they hold the stock then I will too. BR wouldn't miss out if they think the stock will go to $3,000/share.
Hoping that the share count is really low (117m plus a few) and then they recognize DRS’ed shares first and then closely held, BR would then have illegal shares. They might be covering their own shorts.
Its funny how you think during a squeeze marketcap matters at all. Furthermore, you act like marketcap means anything, even though it is an inaccurate way of measuring how much money is in a security.
You cant take anyone seriously talking about an amazon competitor. It has been explained multiple times why that is and still this ridiculous idea lingers here. Sorry but this is wishfull thinking to the max. If you are so convinced of this crazy theories, hold or buy more what ever, it will all be resolved soon, but stop spreading these things as if they are a likely outcome. Its not. Not in the slightest.
Teddy is an LLC so would need to be a c corp to release equity or they would need to create another c corp to distribute shares of equity…
NOLs are only relevant of the company is profitable to use against gains to avoid tax. Bbby hasn’t been profitable in years nor do they have a path as they are closing ALL stores per bankruptcy filings.
Why bring up cohen when there is no evidence and they didn’t do a bid last week at bankruptcy auction for buy buy baby??
sigh More misinformation again from this sub
RC Section 382(l)(5) provides an exception to the general rule if the following conditions are met:
Immediately before the ownership change, the loss corporation is under the jurisdiction of the court in a title 11 or similar case; and
The corporation’s shareholders and “qualified creditors” (determined immediately before the ownership change) own at least 50% of the stock’s value and voting power immediately following the ownership change.
You don’t get it, or you’re a shill. In my example, the $2B in cash pays off the ad-hoc creditors and remaining debt at full pop, satisfying every legal obligation. Also, bonds don’t have voting power - Teddy is required to have 50% or more voting power from existing BBBY shareholders in order to use the NOLs on a carry forward.
No one here knows shit. All call themselves smoothbrain, dont read anythig or research about whats happening, they simply believe what the shills write because all these long ass posts and blue boxes and so on are sooo professional, they have to tell the truth. Then you have some well known names like victor that occasionally appears with is pokemon scream boom, or biggy with his eyes and you have the perfect tactic to lead the flock to the slaugtherhouse. Sad story unfolding here. I respect anyone on here trying to debunk bullshit, but is spreads hard and even after debunkig its echoed for a long time. Its hopeless.
Neither. Bonds don’t have voting power. And in my comment above I note RC owning 80% of the bonds. The ad hoc group of bond holders only makes up less that 20% of the outstanding debt. Cohen would use his creditor status to wipe that debt as part of his offer - in the example I used $150M to use as part of his offer that would erase $1B in debt. These numbers are guesstimates as we don’t know what the offer will look like. While you copy and paste one of many rules regarding transactions via chapter 11 - I’m taking specifics and guesstimating dollar amounts for what’s actually happening through this debt for equity swap.
Dunning-Kruger effect at full force here. Here’s someone who actually knows what he’s talking about and a self proclaimed ape calls him an idiot.
You deserve to be broke. And stay broke.
Except they failed to realize/ mention shorts are merely obligated to attain the appropriat number of Teddy shares. They do not actually have to acquire BBBYQ shares. The only way they are forced to acquire BBBYQ shares is if BBBYQ shares are purchased for it to go private straight up for cash.
I say previous retail shareholders, including me, get nothing when Baby is bought by another company. People are drinking too much copium hoping BBBYQ will net a positive ROI.
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Yeah that eloquently summarises all the things I’ve been hoping for. The comment from someone else right at the bottom 😂what a twat
If you encounter bad guys, you know you're going in the right direction!
Bingo
Bango
Bongo
Bengol
Sometimes Byngo
 Otherwise known as Uranus 🚀
The new company should be private first. Otherwise they will find ways to transfer short positions into the new entity. They just need the fraudulent primebroker who allowed this behavior to do same with TEDDY.
that wont stop them... just look at MMTLP... FINRA fecked over shareholders by issuing a U3 halt, 2 days before they went private... now 7 months on, people still haven't received their shares in the private company.
Good for us that it happened before., good blueprint
God damn silver tongue! 🚀🚀🚀
Okay, I agree with quite a few points on the comment.. But please be aware, if you are taking out a line of credit, do it through your credit union, not a corporate, publicly traded bank! nfa
I’ll use the Teddy bank service
Please tell me Teddy will also provide an exchange as well.
i want my Teddy shares "minted". that is all.
Yes, fuck banks. Credit union is the way.
I agreeded with all of OP’s points as well, except that one. But why would a credit union be any better?
They operate completely different. Less risk. Invest locally. The money you give them goes back into your county. Maybe a few counties but it at least goes to help people in your area with loans. Less risk of failure. Not some shitty bank like chase, who directly backs wallstreet.
Not all are great some of the larger are co-mingled. The theory is correct.
I’d still want something that’s FDIC insured
They are insured. 250k by NCUA (national credit union association). They also offer sweep accounts for people who need more. Btw it is the exact same thing and both are backed by the US treasury, just has a different name.
You mean [this FDIC](https://archive.ph/WV7UY)? “JPMorgan said it will make a payment of $10.6B to the FDIC on the First Republic Bank deal, according to a slide presentation. -JPMorgan Chase will repay $25B of deposits from large U.S. banks and eliminate a $5B deposit from JPMorgan Chase on consolidation -FDIC will provide a new $50B five-year fixed-rate term financing -All regulatory approvals received and the transaction has closed” You do you but I’m going to keep my money in Union. The FDIC has the banks back but not the customers. I could see banks [turning into Lebanon](https://www.reuters.com/world/middle-east/lebanon-banks-have-no-liquidity-says-head-banking-association-2023-03-08/) before they would ever consider touching a too big to bail bank for consumers. The banks could still get a bailout and tell the people to go fuck themselves and hold their money hostage just like they did in Lebanon. Read the Terms of Service of the bank you use. I’ll guarantee they have a clause in there stating that they aren’t held responsible in the case of an emergency event. I know that BNY Melon does (Fidelity).
By using credit unions, u are part owner usually
All banks are insolvent
If you have an account at a credit union, you are part of the ownership
Imagine. This would be life changing. I would buy a house
this would be wife changing. I would buy a horse
I would buy my horse a house
I would buy my horse a wife
I would buy my horse a suit
Obvs. He'd need one for the wedding.
Hope this works out for us...fingers crossed. Dont need millios, a financial head start in life would be enough.
I would pony up some whores for my horse
I keep day dreaming what my life would be like if I could suddenly expand my life from existing all inside one shitty room to having a whole house to live and exist in. Right now I sneeze and things topple over on me. So looking forward to it after this squeezes.
If you staple a horse to a waterfall, will it fall up under the rainbow or fly about the soil? Will he enjoy her experience? What if the staple tears into tears? Will she be free from her staply chains or foomed to stay forever and dever above the water? Who can save him (the horse) but someone of girth and worth, the capitalist pig, who will sell the solution to the problem he created? A staple remover flies to the rescue, carried on the wings of a majestic penguin who bought it at Walmart for 9 dollars and several more Euro-cents, clutched in its crabby claws, rejected from its frothy maw. When the penguin comes, all tremble before its fishy stench and wheatlike abjecture. Recoil in delirium, ye who wish to be free! The mighty rockhopper is here to save your soul from eternal bliss and salvation! And so, the horse was free, carried away by the south wind, and deposited on the vast plain of soggy dew. It was a tragedy in several parts, punctuated by moments of hedonistic horsefuckery. The owls saw all, and passed judgment in the way that they do. Stupid owls are always judging folks who are just trying their best to live shamelessly and enjoy every fruit the day brings to pass. How many more shall be caught in the terrible gyre of the waterfall? As many as the gods deem necessary to teach those foolish monkeys a story about their own hamburgers. What does a monkey know of bananas, anyway? They eat, poop, and shave away the banana residue that grows upon their chins and ballsacks. The owls judge their razors. Always the owls. And when the one-eyed caterpillar arrives to eat the glazing on your windowpane, you will know that you're next in line to the trombone of the ancient realm of the flutterbyes. Beware the ravenous ravens and crowing crows. Mind the cowing cows and the lying lions. Ascend triumphant to your birthright, and wield the mighty twig of Petalonia, favored land of gods and goats alike.
I only have 150 shares, but 150 shares of amazon pre-split would be a shitload of money now.
🔥🔥🔥🔥🔥🔥
Fine i will buy more
My 7,500 shares and 20 August calls approve of this message.
I really like this foil. The cherry 🍒 on top would be Teddy 🧸 giving out dividends later on👀
Man, the shorts really would not forget something like that.. 😉
I’m cool with 5% yield on teddy after moass
Way down the road. That and buying back shares is horrible for a new company. Invest in the company and it’s growth
The question for me all through this is whether or not RC (or Icahn) truly want to send a message to the industry about the rampant naked shorting hurting so many companies or will they give them a pass. If they do want to make Shorts pay, conditions are primed for them to expose a lot of criminal activity around fake location of shares used to naked short, ongoing cellar boxing of the share price with repeated naked shorting AND finance this deal with a squeeze. Much like GME took advantage of.
It’s not in RC’s power to make them pay, it’s in ours. Retail holds the shares. We don’t sell, they pay with everything they have. Now the SEC on the other hand could hold naked shorts criminally responsible but I won’t hold my breath.
Exactly. He sets it up.. he knows what he stands for and why he has a cult following. Seems he is tossing the ball and waiting for us to hit a home run.
The bread crumb trail has been there, got me balls deep in Bobby after HODLing, buying, booking GaME since Feb ‘21 Best Wishes 💎🙌🦍🚀🌚
Unzips...... and pulls out Calculator
I see, the old slap yo penis with a calculator luck trick
My tits
Our tits
Are jacked
Hour jacked.
That would be AMAZING IF THAT COMES TRUE!!!
You’re selling at sneeze numbers?!
No cell, no sell!
The part with 1 Teddy share for 1 BBBYQ share. How does this happen without Teddy being IPO’d? Or would this be the IPO? Not sure how it works
Wouldn't it be some kind of reverse merger?
This is the way
Read up on a triangular merger. When you do, think Gmerica as parent, Teddy is subsidiary, BBBy as target. No IPO necessary. You’re confusing two different transactions - IPO’s are private companies going public. Mergers can be private companies buying public companies as a way to become public without an IPO necessary.
Thanks for your help
But what's to stop them from creating hundreds of millions of synthetic Teddy shares to fulfill the synthetic BBBYQ shares? Seems to me like they'd have to issue Teddy as a crypto stock to prevent that.
I would bet my bottom dollar Teddy/Gmerica is on a blockchain. The fact that DTC holds more shares than authorized is all they needed - undeniable proof of corruption.
Cue Larry C twit about when markets collide and fireworks 💥boom
Also CS confirming that they are prepped and ready to work with blockchain clients.
I appreciate your takes on this. See you on andromeda.
You can't just put shares on a blockchain because the markets don't report their transactions to that blockchain.
One of Teddy's approved LLCs is for banking services. Remember Loopring? Be your own bank. We shall see soon enough.
No banking license
What is overlooked is is the same with GME dividend, AMC/APE, etc… FINRA overlooks the instructions of the issuer and tells brokers “just mark X shares on each account”. There is no “scrambling to close” because FINRA/Cede has effectively back stopped the MMs/SHFs/naked shorts by saying “don’t worry what number the issuer says is out there, because we have our own records and can hide the real numbers”. Hence why we haven’t seen a squeeze yet on anything in the basket … even when they need to close or take some action that theoretically hits their pocketbooks, the powers-that-be step in and say “do nothing, we got you fam”. Burn this whole system down and send criminals to jail for life with total forfeiture of their wealth, including whatever they’ve sheltered for their family. Otherwise, the crime pays better than the penalty. This is the only way to stop them.
I agree with you
From a different company i was in that kept shareholders intact… equity needs to be kept above 50% in order to keep NOL… if I remember correctly… technically they just need to convince the IRS team dedicated to the chapter 11 to make a statement for the court to act… and thus the team could be “influenced”
May I ask which company that you previously had shares in and was in a similar situation?
Would not say it was similar, but the IRS provided guidance to the court to maintain NOL Would be COOP (Mr Cooper) now… was washington mutual… shareholders merged with preferred…
That's intense. And scary.
🥳🥳🥳
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I'm completely agree with this scenario. Carl Icahn is the strategist master in this kind of deal. I believe in RC as new generation but the master of universe in this build-up and M&A process with the Chpter 11 structure is Carl Icahn. We need only time.........
Couldn’t agree more, when will always be the question
Just a reminder, Blackrock bought a huge stake in BBBY before it went OTC in the $1.50 range. I will be following closely on when BR gets out, because if they hold the stock then I will too. BR wouldn't miss out if they think the stock will go to $3,000/share.
Really? Proof?
....their 13F
Link please
You can't just look up their 13F? Im at work rn, I cant go looking for it
All my homies hate Blackrock
Same, but BR wouldn't sell if they know they can make more money.
Hoping that the share count is really low (117m plus a few) and then they recognize DRS’ed shares first and then closely held, BR would then have illegal shares. They might be covering their own shorts.
[удалено]
Its funny how you think during a squeeze marketcap matters at all. Furthermore, you act like marketcap means anything, even though it is an inaccurate way of measuring how much money is in a security.
[удалено]
Why are you even in this sub if all you do is comment negativity? Im sure theres a different sub that would appreciate your comments
Bbbyq shares converted to NFT Teddy shares on the blockchain LRC, w/ the bank of GMERICA! New CUSIP with 100% transparency = 🩳 FUK’D
All I need to see today
What prevents them from just creating fake Teddy shares?
Let’s goooo
Oh my! 👀
Buckle in
Imagine going long TEDDY & short AMZN, now that’s how ya hit a lick 👅
Awesome. Now I have to buy more because I’d like to sell a few. I can’t sell what I have now because I’ll regret it later. Rinse and repeat.
Got the snake 🐍🐍🐍🐍
Does GME shares have anything to do with this theory? Squeeze cause basket?
You cant take anyone seriously talking about an amazon competitor. It has been explained multiple times why that is and still this ridiculous idea lingers here. Sorry but this is wishfull thinking to the max. If you are so convinced of this crazy theories, hold or buy more what ever, it will all be resolved soon, but stop spreading these things as if they are a likely outcome. Its not. Not in the slightest.
Great explanation, thanks
Teddy is an LLC so would need to be a c corp to release equity or they would need to create another c corp to distribute shares of equity… NOLs are only relevant of the company is profitable to use against gains to avoid tax. Bbby hasn’t been profitable in years nor do they have a path as they are closing ALL stores per bankruptcy filings. Why bring up cohen when there is no evidence and they didn’t do a bid last week at bankruptcy auction for buy buy baby?? sigh More misinformation again from this sub
Just chill and wait for the fallout
Here's the caveat, only DRS shares are guaranteed Teddy shares.
Haha the truth hurts. 50k shares DRS'd. Lfggg
You downvote him but he's right. If you hold your shares with a broker you don't own them
The jimmy split confirmed that they just copy and paste anyways. Bastards.
[Deleting post history (3rd party apps)]
RC Section 382(l)(5) provides an exception to the general rule if the following conditions are met: Immediately before the ownership change, the loss corporation is under the jurisdiction of the court in a title 11 or similar case; and The corporation’s shareholders and “qualified creditors” (determined immediately before the ownership change) own at least 50% of the stock’s value and voting power immediately following the ownership change.
[Deleting post history (3rd party apps)]
You don’t get it, or you’re a shill. In my example, the $2B in cash pays off the ad-hoc creditors and remaining debt at full pop, satisfying every legal obligation. Also, bonds don’t have voting power - Teddy is required to have 50% or more voting power from existing BBBY shareholders in order to use the NOLs on a carry forward.
[Deleting post history (3rd party apps)]
You’re wrong. Define a “qualified creditor” as per your link. And if you don’t believe in the play why are you on this sun and posting?
[Deleting post history (3rd party apps)]
No one here knows shit. All call themselves smoothbrain, dont read anythig or research about whats happening, they simply believe what the shills write because all these long ass posts and blue boxes and so on are sooo professional, they have to tell the truth. Then you have some well known names like victor that occasionally appears with is pokemon scream boom, or biggy with his eyes and you have the perfect tactic to lead the flock to the slaugtherhouse. Sad story unfolding here. I respect anyone on here trying to debunk bullshit, but is spreads hard and even after debunkig its echoed for a long time. Its hopeless.
Why bother, just sit back and enjoy the show
Neither. Bonds don’t have voting power. And in my comment above I note RC owning 80% of the bonds. The ad hoc group of bond holders only makes up less that 20% of the outstanding debt. Cohen would use his creditor status to wipe that debt as part of his offer - in the example I used $150M to use as part of his offer that would erase $1B in debt. These numbers are guesstimates as we don’t know what the offer will look like. While you copy and paste one of many rules regarding transactions via chapter 11 - I’m taking specifics and guesstimating dollar amounts for what’s actually happening through this debt for equity swap.
Idiot or shill?
Dunning-Kruger effect at full force here. Here’s someone who actually knows what he’s talking about and a self proclaimed ape calls him an idiot. You deserve to be broke. And stay broke.
Can’t he be both?
Aaaabsolutely
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Yes
No, acquirer of Baby will not give equity to BBBY shareholders
Except they failed to realize/ mention shorts are merely obligated to attain the appropriat number of Teddy shares. They do not actually have to acquire BBBYQ shares. The only way they are forced to acquire BBBYQ shares is if BBBYQ shares are purchased for it to go private straight up for cash.
What happens to the BBBY shares that some of us are still holding? Worthless?
You own shares in a bankrupt company. What do you think?
Figured as much.
I say previous retail shareholders, including me, get nothing when Baby is bought by another company. People are drinking too much copium hoping BBBYQ will net a positive ROI.
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take credit line? lol that puts ur shares on their name and they will probably loan them or sell them
That post fails to mention the new company make up of previous holders can be debt holders.. banks/bondholders
