🎙️ SMQKE × D’CENT SPACES AMA + GIVEAWAY🎙️
Tomorrow (May 20th) at 8PM EST, I will be hosting a live X Spaces discussion with D’CENT focused on the evolving XRP ecosystem, self custody, and the newly launched XRP Alliance initiative. 😶🌫️
This conversation will cover:
• Introduction to the XRP Alliance Campaign
• Why D’CENT launched the initiative
• The growing importance of secure infrastructure within the XRP ecosystem
• Self custody, wallet security, and community questions
🎁 GIVEAWAYS:
D’CENT will randomly select members of the XRP community who submit questions under THIS announcement post to receive a FREE D’CENT cold wallet delivered directly to them with all shipping expenses covered. 🤝
In addition, 4 live participants will each receive 100 XRP by:
✅ Joining the live Space and asking a question
✅ Posting a screenshot showing attendance in the replies/comments
This will be an opportunity to learn about one of the most secure ways to manage XRP, how D’CENT is working to bring the entire XRP ecosystem into self custody infrastructure, and why secure digital asset ownership is becoming increasingly important as adoption accelerates.
And of course… an opportunity to earn some free stuff as well. 😏💨
Looking forward to an insightful discussion with the XRP community. 🤝
x.com/i/spaces/1oxwb…
The full text of the eBay Board's response letter to GameStop CEO, Ryan Cohen, is set forth below:
Dear Mr. Cohen,
The Board, with the support of its independent advisors, has thoroughly reviewed your proposal and has determined to reject it.
We have concluded that your proposal is neither credible nor attractive. We have taken into account such factors as 1) eBay's standalone prospects, 2) the uncertainty regarding your financing proposal, 3) the impact of your proposal on eBay's long-term growth and profitability, 4) the leverage, operational risks, and leadership structure of a combined entity, 5) the resulting implications of these factors on valuation, and 6) GameStop's governance and executive incentives.
eBay is a strong, resilient business that has delivered meaningful results over the past several years. We have sharpened our strategic focus, strengthened execution, enhanced our marketplace and seller experience, and consistently returned capital to shareholders. With its differentiated global marketplace and a clear strategy, eBay's Board is confident that the company, under its current management team, is well-positioned to continue to drive sustainable growth, execute with discipline, and deliver long-term value for our shareholders.
Our team remains focused on executing our strategy and driving our business forward in the best interests of the company, our shareholders, our employees, and millions of buyers and sellers around the world.
Sincerely,
/s/ Paul S. Pressler
Paul S. Pressler
Chairman of the Board of Directors, eBay
I am working my way down the list please ensure your x chat is upgraded like your app to ensure I can add you. If you get a like from me it means I was successful. Rest assured I will work my way down the list overtime
As X communities are coming to a close soon over the next few weeks I will be making a backup chat for ThePPShow members here so please let me know if you’d like to be added into it.
After this is over I’m throwing a party we going to bbq and drink whiskey all night long. It will be at the PP estates and RC Bill and RK can use the helipad.
I will have a sign up sheet for those who want to attend limit to only 300 people.
Huge shoutout to @Chewy for the kind letter we got plus a tennis ball and bandana. Our rescue puppy has made a full recovery from Parvo.
Thank you so much everyone and team at Chewy! I’ll post a photo later of her with her bandana on.
@owlofthematrix I am admittedly highly regarded. With that in mind, can you expand on how important it is or isn’t in your opinion (not financial advice!) to actually hold the warrants (in addition to being legacy shareholder of old co shares) to ultimately get paid upon reemergence?
“I may be early but I’m not wrong.”
8IBZUGJ7JPLH368JE346
1/ 🧵 $BBBYQ / $GME — The breadcrumb just dropped.
8IBZUGJ7JPLH368JE346 = Goldman Sachs Bank Europe SE LEI.
Our source (DSB/UPIs/Bloomberg/forwards/TRS guy) left it plain for us. No fluff.
Let’s reverse-engineer what this means under the thesis we’ve tracked.
2/ Precedence: Legacy root reuse + active synthetics + clearing rail activation = staged settlement path.
Seen in Hertz solvency pivot, post-Ch. 11 wrappers (e.g., NOL-preserving reorgs), and OTC unwind sequences where big counterparties surface late.
Here: 075896 root lives on BBBYW warrants (CUSIP 075896159). Not coincidence — it’s the bridge.
3/ Timeline chain (all public/on-rails):
• AMZN FLEX 5 derivatives tied to legacy CUSIP/ISIN chain (waterfall vesting >$220 trigger July 2025) → signals macro hedge layer.
• Ticker live + warrant dividend Oct 2025 → OCC #57429 remaps BBBY1: 100 shares + 10 BBBYW warrants (legacy root) deliverable.
Physical leg live.
• S-3 effective Dec 3, 2025 → registers exercise shares. Exercise path open.
• Tender offer (no terms yet) → classic precursor to liquidity event / claim verification.
• DTCC notice: Equiniti Trust activated primary DTC #39220 effective Feb 2, 2026 → same day TRS update
(QZ7WNPNPJFRH22 on BBBYW ISIN).
Transfer/settlement rail online.
4/ Now the code drop: GS Bank Europe SE LEI (EU entity, EMIR reporting, OTC/TRS specialist). Dropped today (March 1) — 19 days before March 20 SPY FLEX backstop expiration.
Why?
Because GS Europe is likely the counterparty (or calculation agent) on one/more legs of the synthetics chain (forwards on legacy debt ISINs, equity spread-bet forward on GME, new TRS on warrants). EU regs force LEI tagging — this is the “other side” surfacing. (PAYOUT!!!)
5/ Hypothetically assume thesis 100%:
RC remains beneficiary (expanded 13d-3 standstill from 2022 filing still applies — beneficial ownership via contracts/rights without triggering §382 limits). Legacy synthetics resolve via current rails (OCC physical + cash legs from TRS/forwards).
March 20 backstop lift → unhedged risk → termination events → performance cash flows + physical compression (warrants/shares) → value migrates tax-free (PLR butterfly wrapper precedent).
6/ Bullish read: This isn’t random.
Source is saying “you have the forwards/TRS/roots/DTC — now see the institutional bridge.”
GS Europe in position = big player exposure confirmed.
When the backstop drops, forced unwind cascades through these rails.
Legacy isn’t dead. It’s bridged, hedged, and ready.
We shine when we connect. 🦍🚀 $BBBYQ $GME
I hope everyone is well. I've been knocked on my butt with what feels like the flu, so I've had to take some time to rest. My body didn't really give me an option. It hit me fast. Feeling pretty yucky. 🤧🤒 I just wanted to pop in and wish all the beautiful people here a nice evening. I've missed y'all. Going to go back to resting with my one working nostril lol. I'm thinking of you all and praying you're all content, safe and warm. Love yas! 🙏🏻💜
Five years ago, I purchased my first $GME shares around ~$80 (pre-split)
I didn't expect to be here half a decade later, but that's a byproduct of Unwavering Conviction in Ryan Cohen, naked shorts and most importantly retail investors like you 🫵
Let's get tokenized 🚀