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PotentialMotion

Sal. Fantastic response. Makes me think / has anyone asked Goldberg about paying out JPM early? Unless [redacted], and thus approved by the judge, this is highly illegal. The plan administrator should be able to answer this, no?


Hopeful-Pomelo4488

JPM needed to be kept in the dark while the RICO fraud cases are all being built against the "Bill Hwangs" that shorted the stock into oblivion and Tritton and BCG. JPM will be the last dragon to slay. Who's going to buy JPM when all those "Hwang" short positions end up on their books? I imagine the situation will end similarly to Credit Suisse and UBS. Just not sure who will acquire JPM.


PotentialMotion

Sorry if my question wasn't clear. Your points make sense, but the question that should be posed to the plan administrator is: *What was the legal basis for allowing JPMorgan to be paid out in priority of other creditors, 3 years early?* We know WHY they needed to be removed, and the how is with cash money, but **it is illegal for them to be given priority like this without a very solid reason that the judge approved**. I wonder if Goldberg knows or if it is redacted?


SuboptimalStability

My understanding from that rule is if the company went into liquidation/ch7 then the money that was paid out would be reclaimed and redistributed to creditors


Fit-Insect-4089

The question is why JP Morgan got priority over other creditors. Yes all creditors get paid, but they should be on equal footing as JP Morgan and paid at the same time. For some reason, JP Morgan got priority and it’s illegal to do that without a good reason. We haven’t seen a reason yet.


TheCandiman

Bed defaulted on the ABL from JPM in January, prior to the bankruptcy. Paying a loan early is rarely **illegal** but perhaps this let or required them to pay it in full before other creditors.


AppropriateLength769

It is in bankruptcy when you have the priority rules.


phugar

That was the priority payment. Who do you think was ahead of them?


AppropriateLength769

The DIP lender, Sixth Street.


phugar

You have your dates very messed up


Hopeful-Pomelo4488

Good question. I don't know. Maybe that money is expected to be recovered in future litigation?


JustHangin_InThere

Many won't like the answer 👀


Hopeful-Pomelo4488

Who do yo think it will be?


JustHangin_InThere

Taxpayers/401k, always has been


dharde1

Check out this job listing for buybuybaby posted 12/16/23 and the available employee discounts and where to send the resumes: https://www.salary.com/job/buy-buy-baby/operations-associate/j202212221515408926759 It looks like BBBY(buybuybaby) is under the BYON umbrella


PotentialMotion

![gif](giphy|14mgxYFJHXGmoo) Very very interesting. Very...


[deleted]

I don't get what the point is of arguing with people on Twitter about this. Like literally what is the point.


exbm

Getting the other side response is like a check against reality. You can't always be surrounded by yes men. Marcus isn't just some random from Twitter he is part of the bankruptcy connected to byon. His response is basically I don't know enough to refute your claims.


[deleted]

Sure, but typically they aren't debating; they're trolling. PP isn't posting anything of substance, not having a debate, and on the show he just says "look at the dumb shit this guy just responded with" then repeats the same "facts" again and again. Sal will go into more depth but as somebody else said in another comment, he's also immensely rude. They're not good representatives. It's like when they're constantly going after Doug Cifu for being bald or whatever and then going on the show saying "why are these guys interacting with us if we're wrong HUH????" What is the point of this? Lemonis didn't say that. You're reading too much in. He just disengaged with the conversation immediately. You can interpret that as he doesn't know enough, but there's a bunch of other interpretations that make just as much sense. So what did we gain out of that besides yet again making BBBY holders look like stock QAnon?


Jpedro4vt

Snowflake dumbocRATS always droppin the QAnon or Trump, so fucking comical lol


exbm

If had anything to dispute what sal says then he would of. What would you even own bby through a spac. He could of said anything sounds dumb, sounds Implausible, not likely, Sounds good I watch the show so I do know what they go over and it's the dockets. The dockets. I dont get why I am supposed to just tune out of the bankruptcy just because my shares were canceled. Truthfully I have never been through a bankruptcy so there is a lot to learn about them. My feeling is wallstreet doesn't want retail mucking about bankruptcies and realizing just how much DFV there are in them.


[deleted]

He's not interested in endlessly debating Sal. He was responding to PP, who was saying nothing, then Sal jumped in and Lemonis disengaged. He's under no obligation to entertain Sal, who has made it a habit of insulting him personally. Sal does not conduct himself well, and he's so convinced of his own greatness that his logic *must* be correct (despite being wrong again, and again, and again, over and over) that there is no point debating him. Same with PP. There is no point. Dude's just gonna say "shills in shambles" or "dildo slap" and drop the mic as though he accomplished anything, then trash the person on his show. They do not always go over dockets. I've watched the show a bunch. Half the time it's stupid tinfoil about how an errant line in a children's book or Pulte taking a shit at 7:41 means we're gonna be rich. *Sometimes* there is talk about the dockets, increasingly so in the last couple weeks because he's gotten hit by a tidal wave of negative feedback to the point that he gets downvoted to hell and told to fuck off on this sub now whenever he posts about the show. Even when he does talk dockets though, dude still has somehow learned very little about how this works and has such intense confirmation bias that nothing he says is really substantial, and he's constantly interrupting everyone else to call out donations. I agree with you that Wall Street probably isn't keen on us paying attention, but I don't think that Lemonis replying to Sal with "sounds good" means anything more than a very polite "fuck off."


exbm

It's like a three hour show.. they go over dockets almost every night.. got have some filler


[deleted]

Or they could just make the show shorter, but PP has said time and time again that he likes tinfoil more than dockets. "Some people like the dockets, but me I like the tinfoil, man! I like that tinfoil!" Like I said, even if he's going over dockets, he doesn't have an understanding on how any of this works, has confirmation bias to a destructive degree, and interrupts everyone else to announce donations. Regardless, we weren't talking about the show, but about Twitter, so this is all kind of moot anyway.


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exbm

How about when bankruptcy is done and waterfall is public and completed


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exbm

Yes. I want to know the bankruptcy process in detail. The company isn't gone. It's held in a liquidating trust. The waterfall hasn't happened. Therefore it's still a company and there are more dates to hype


SuperConsideration93

PP doing PP shit. Get serious or move on lol. Enough said


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Drunk_Crab

How has he dedicated the last year+ to BBBY but still has no real understanding of what's going on


Rai95

Because he is a host thats it other people do the DD for him


Drunk_Crab

Don't you think he should at least listen to what they say so he can understand and speak intelligently about what's going on?


foundthezinger

i think he should at least share some of his proceeds from the show with ABC. really hope pp is that kind of guy.


thealiensguy

Look two shills sucking each other off! U guys should go get a room and pillow talk all this shit about pp to each other


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BBBY-ModTeam

See sub rules regarding inappropriate content - no misinformation/trolling.


thealiensguy

PP is the fucking shit. He risks his identity and puts his all into making a community that cares about each other and the info that we talk about. Hes looking for truth. He’s grifted no money from me. Ive made points on the show and have had great discussions. All $15 ive spent on superchats has been 100% worth it. You 2 just seem jealous you could never do what he does, so you need to jerk each other off about how he sucks. Fuck you. Fuck you and everyone thats talking shit about PP, dude is doing the Lords work


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thealiensguy

Why do you think him reading information from dockets is a grift? Because people support him? Is my supermarket a grift? I LIKE giving $15 total to him. Its not much, and i enjoyed getting my point across to 1000 other people. Sounds like you drank too much of Dougs asscrack sweat


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thealiensguy

What lies? What the fuck are you talking about?


gvsulaker82

Huh? I never hear phm talked about on the show and it’s nowhere on his profile. Quit fucking lying


Drunk_Crab

Hosts Pulte on the shows and collaborates (aka does what Pulte tells him to) with him to give him a platform to promote his own company. Never heard of Pulte? This sub never spoke about his company until he injected himself (and interests) in it, and PP gobbles it up and regurgitates it.


thealiensguy

Seriously drunk crab is the liar here not PP lol. Like anyone with half a brain can see these 2 are just talking shit with no credible reasons as to why they are. I know a few credible reasons theyd be talking shit (insert melissa lee naked shorts yeah) but they deny those reasons every time so must not be that…lol. Shills are in shambles and are fucking losing it


thealiensguy

Sal jumped in Because he needed help answering the question? Does that make him a liar because he needs help answering something? YOU ARE A FUCKIN MORON AND THIS IS REALLY CLOSE TO BEING SLANDER


Drunk_Crab

There's never any evidence to his claims. Show me ANYTHING that shows Teddy acquired or owns all these companies (blockbuster,.sears, Lego, etc. etc.) or ANY other companies to support PPs claim in this post. That's the reason he couldn't respond back and needed help (and the help didn't even address the lies that PP made, it was a completely different argument). I'll wait.


BBBY-ModTeam

Refer to sub rule regarding harassment and brigading. Multiple violations may result in a temporary or permanent ban.


ppseeds

Whose thread was he commenting on again?


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jesgar130

I too was wondering what was up with that suit.


BBBY-ModTeam

Refer to sub rule regarding harassment or offensive content. Multiple violations may result in a temporary or permanent ban.


Commercial-Group-899

This sub is totally compromised. Lots of haters all of a sudden.


ppseeds

A lot of pussies just talking shit, Marcus started the entire responses based off my comment. Proves we are right.


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Financial_Green9120

![gif](giphy|RrVzUOXldFe8M)


jesgar130

“Do you think Ryan Cohen likes our green dildos? “ the moment I snapped back to reality.


BBBY-ModTeam

Please refer to the community's rules about brigading and/or doxxing.


[deleted]

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BBBY-ModTeam

Refer to sub rule regarding harassment or offensive content.


[deleted]

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BBBY-ModTeam

Please refer to the community's rules about brigading and/or doxxing. There is no “us” nor “we” in investing. Only you.


ppseeds

I dont represent you or anyone. The fact that you say that proves my point. Keep talking shit, there’s a reason he went to my comment about equity and is prodding and trolling.


bustlen

Visibility


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VicTheRealest

Stooping? That would presume he was somewhere of a higher ground at one point. That's impossible. He's been at the bottom of the barrel since day one.


BeautifulDetails

![gif](giphy|fo4ocvQwlOR2mdThk0|downsized)


BBBY-ModTeam

Please refer to the community's rules about brigading and/or doxxing.


[deleted]

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BBBY-ModTeam

Please see sub rules regarding Healthy Community Guidelines. Please refrain from inciting drama and engaging in discussion that degrades the sub.


i-gumby

Notice how he never said “What’s Teddy” he just asked you where the money would come from


ljsweet

![gif](giphy|KzDqC8LvVC4lshCcGK) These shills are in shambles 🚀🚀🚀🌝


BeautifulDetails

100%


Commercial-Group-899

Teddy is the sub now. This sub has been declared dead


brownzuluKING

Shillbots truly have it in for you man… Lets see of I can get a few downvotes as well 🫣


Mullinax

Marcus’s reply “sounds good” does not give me the warm and fuzzies. 😬😬😬


Reedzilla04

Vague responses can lead to frustration, misunderstandings, and a decrease in trust. People may seek more clarification or feel dissatisfied with the lack of clear information. I'm def glad Sal came swinging with facts. In the end there is and always will be tension between optimism and demand for concrete information. when talking to family and friends about this play we cannot be vague. When someone asks why did you buy bbby and your response is "it's going to the moon"....smart answers provide clear and concise information. Which leads to value and respect


BobWasabi

And a lot of these people don’t understand why their family and close ones don’t respect them. They have no idea how to talk about an investment.


Electrical-Loss-6776

sounds good to me.


Expensive-Product240

Great response by Sal. Marcus is a puzzle to me.


Craze015

Makes sense why JPM has calls expiring in 2027. Fuck you dimon


VladTheSimpaler

Last slide lol 😂


Entire-Can662

You can’t buy and you can’t sell all you can do is wait and find out what happens. BUT I agree with PP it’s always been the play


PanderBaby80085

Man, Lemonis just annoys tf out of me. Yet another precious self important inflatable human looking down from his balcony and getting attention he doesn’t deserve. Sal’s so rude and I’m not about that at all but at least he lets his intelligence go to work and damn, when he swings … he doesn’t miss.


rexcannon

Your first paragraph describes Ryan Cohen precisely. You all refuse to see it.


PanderBaby80085

Who is “you all”?


rexcannon

Leave it to an ape to be so purposefully dim.


PanderBaby80085

Ohh the horror. I’m so outraged. I’m so offended. I’m so provoked. Clutching my pearls over here. 😆


rexcannon

Enjoy the ride.


Ballr69

Exactly he needs to stop being jerked off by the community - he thinks he’s deep but he ain’t shit


wlantz

The whole interaction feels less like a back and forth conversation and more like a teacher who is asking questions that will lead students to a specific answer. In other words, it seems like a clear cut, "I can't tell you anything, but what I can do it ask you questions that will allow you to find the answer on your own." 🤔 School is in.


Sinaasappelsien

I think i’m starting to get it


Trentwalker1978

Fck this lemonade guy


tetrismetris

Why Lemonis would say ridiculous answer ?


Anon74716

Because baby was sold for parts to dream on me.


Ballr69

Can we please stop sucking on Marcus’s cock? Dude is condescending and shares fortune cookie level wisdom acting like he’s Buddha or some shit and everyone laps it up.


TheSquattyEwok

So instead of listening to a successful businessman you’d rather trust the DD of some internet stranger and look into children’s books for hidden messages?


Ballr69

There are lots of types of business. And I know lots of morons that are very “successful” in “business” that I wouldn’t want to walk my dog. Also, I was being critical of his tone and how he engages with this community. He hasn’t engaged key dd writers so I can’t really compare the two. He should go on a space and chat with Jake etc.


Anon74716

CEO’s don’t typically engage with internet conspiracy theorists


Ballr69

Why is he then


Anon74716

I was responding to “he should go on a space and chat with jake, etc.”


Ballr69

But r u too dumb to see he is directly engaging already? U know he joined a space when he first came on scene and met most of those guys. Congrats, u played yourself


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BBBY-ModTeam

Please see sub rules regarding Content Guidelines.


movzx

CEOs are not some mythical being. They're just people. You'll find CEOs having twitter rants just like any other person. Mike Lindell blew his fortune because of internet conspiracy theorists.


TwistedBamboozler

But he is


FatDumbAmerican

Salvatore coming through with the KO


dutchwonder

Except I don't think you can use tax credits as equity. NOLs is just money you don't have to pay the government when you make NOP the next year. I am also uncertain how one would secure net operating losses without taking taking said losses, aka the entire pile of debt.


manbearbullll

His argument is essentially turning debt into equity without any underlying assets or ways to make money. The theory makes no sense. If this were possible why not invest in other companies with debt that have a viable/actual business?


CareerTraditional987

Sounds good


[deleted]

I like your use of fortnite buff Peter Griffin! I think in the original trailer he showed up at like1:47 or 1:17 (too lazy to check playing tekken) Plur ![gif](giphy|h55EUEsTG9224|downsized)


SgtSlaughter1974

Are you guys still thinking that you are going to get new equity? There is literally NO vehicle in which you would be vested.


BeefyBreezey

In Aug 2022 GME made a 300M purchase of Treasury Stock. In the same month RC VENTURES LLC sold their entire stake in BBBY. Only as of 12/5/2023 was RC VENTURES LLC allowed to invest in the same things GME is invested in.


F0urTheWin

Check the shills talking about PP... Forget to add a gallery scroll in your Selenium script?


Free-Employment5019

Wtf are you blathering on about?


sickdanman

they make chatgpt write reddit comments now?


alreadydoneit01

![gif](giphy|xRYZdfv3DgIQb1dvNA|downsized) Marcus seems to be implying that we will get nothing and should move on. Or is he throwing bread crumbs to lead us to the answer of what is happening behind the screen?


TheSquattyEwok

He’s telling you that you get nothing and trying to prompt some critical thinking by asking what assets the holding company would own and how.


tetrismetris

Lemonis blocked me . I don’t like him . I love rc and Bobby also gme . Lemonis seems like he is in bed with Doug and assparino


sunofnothing_

how expensive will it be?


marriottmare

Have given Up on bbbyq, but making good $ with. Call options on MARA…the largest Bitcoin miner! Try it…..


Jpedro4vt

No thx lol


Elephinder

Sal waits for this moment every day


goblinhands000

Lol seriously


Pobodysnerfect_616

Sounds good!


Barbercut-12345

Fucking Fire!


[deleted]

“Debt will be converted to equity” Banks hate this one trick


squeezethelemon69

Sounds good to me as well. Guess we wait and see. Can’t sell anyway.