Ferengi Artist
81 posts


@LaurenWitzkeDE ... people are just fancier even sometimes they can not afford. Big houses, superfolous lifestyle blame it to media.
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@TraderGirlQ A visa and corniche view apartment/ villa here in DUBAI/UAE
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@SnoopDogg Because of that I am following you... You can do it... Hold on!
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@jake2b While reading this and the comments... This ads popped up! Will it be materialised? Will see 🦋

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Remember $BBBYQ, no value ≠ worthless.
I would like to discuss an additional head-scratcher on top of the Confirmation Hearing continuing to occur from time-to-time. I cannot overstate the significance of that addition into docket 2520.
But let's take a step back. Remember docket 2172, page 16, point 27? Me neither, so let's have a look:
"27. The Plan does not provide for the issuance of new equity interests. To the extent a Liquidating Trust is established pursuant to Article VII.C of the Plan, and to the extent the beneficial interests in the Liquidating Trust are deemed to be "securities" as defined in section 2(a)(1) of the Securities Act, section 101 of the Bankruptcy Code, and applicable state securities laws, the beneficial interests shall be non-voting equity securities."
Some fun language. No securities, but maybe securities and if yes, then non-voting securities.
No value, ≠ worthless.
Why? Because the Company needs all of these circumstances together to make the changes that they intend to. If they hadn't, the changes would require a shareholder vote.
By deeming the shares to have no value, then stating that if the liquidating trust does distribute future-shares that they will be non-voting shares, they are free and clear of a shareholder vote to conduct large-scale changes.
Note, the September 29 8-K did not have the language that Common Stock shares "would be of no further force or effect" and instead stated (thank you u/A_N3rdy_Guy on reddit!):
"As a result of the Confirmed Plan becoming effective, all of the Company’s equity interests, consisting of outstanding shares of common stock and Series A Convertible Preferred Stock of the Company and related rights to receive or purchase shares of common stock, were cancelled on the Effective Date without consideration and have no value.
No shares of the Company’s common stock or Series A Convertible Preferred Stock will be reserved for future issuance in respect of claims and interests filed and allowed under the Confirmed Plan or pursuant to the exercise of any rights, options or other obligations of the Company to issue its common stock and/or Series A Convertible Preferred Stock."
Common stock cancelled and has no value. The wording is critically important.
Further, "no shares of common stock will be reserved for future issuance.." well, obviously. Old common stock is over with and everyone is theorizing a new stock issuance. No one wants a re-issuance of old #BBBYQ shares. The words matter.
Let's look back to the 8-K filed on September 14 (thank you u/A_N3rdy_Guy on reddit!):
"..and has 782,005,210 shares of common stock issued and outstanding as of July 20, 2023. On the effective date of the Plan, all of these shares will be canceled, released, and extinguished and will be of no further force or effect pursuant to the Plan."
Emphasis mine.
That is a significant change in language between September 14 and September 29. Of note, on September 14 the Company existed as Bed Bath and on September 29, it was then DK-Butterfly (since September 21!)
No value, ≠ worthless. The language matters!
Image 1: SEC 8-K filed September 29
sec.gov/Archives/edgar…
Image 2: SEC 8-K filed September 14
sec.gov/Archives/edgar…
Image 3: Docket 2172 citation.
Image 4: Docket 2520, which states that the Debtors may continue the Confirmation Hearing with the Court, without further notice, as was served on October 19.




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@thejinxedman @elonmusk How can one achieve things if leeches sucking the hell out of you?
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@elonmusk This is so true. Revenge is for the weak, for the loser. Good and successful people focus on making new achievements. No time for hating and revenge.
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Regarding Lycurgus, founder of Sparta.
The pivotal moment in the creation of Sparta came when Lycurgus proposed radical laws that would transform the state into some of the greatest warriors in history.
A member of the assembly was so offended that he struck Lycurgus in the eye. Lycurgus could easily have killed him and everyone knew it.
Instead, he stood there with his eye destroyed and invited that man to his house for dinner, ultimately convincing the man to become one of his greatest supporters.
Once the laws were in place, Lycurgus left for the temple, saying the laws could not change until he returned. Then Lycurgus starved himself to death.
BAMF.
The lesson here is that revenge is for the weak.
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@ryancohen Wow, I thought I am alone in this thought. Now, I would like to know you more.
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@BullishArt Haters are gonna hate those
That have more Experience than themselves. No, not proud of being right b/c I Wish I was wrong. But yes, trying to HELP people is something I'm proud of. I like people to win, NOT LOSE! Clapping RIGHT BACK TO YA ;) hahaha
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Imagine BASHING some1 who has TONS of trading experience, some1 that was trying to help YOU (w/a solid SUGGESTION to protect ur profits & earnings) & if u had listened u wouldn't be down 35% from the time u read his tweet to now. PRIDE, GREED &inexperience will make u lose $nvos
Ry@Ryoguy2013
$NVOS holders be careful, if you're in the profit, take some (if not all) of your profits....I don't like the chart
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@blackkingkofi Pick up the wallet... Check any ID's and contact and reach out to that infos. If not getting back to me in 1 week I will start to spend them😬😁. If no ids or contact details. I will post in fb for any who lost a wallet. If no one get back in 2 weeks. Mine 😊
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@ElonMuskAOC @elonmusk if you managed to have the rockets to return to precise position safely in very short time, no doubt you/we can do it. Cheers!
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