Caseyflea

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Caseyflea

Caseyflea

@Caseyflea1

Dad. Artist. WAGMI

Katılım Ekim 2023
202 Takip Edilen295 Takipçiler
Sanders Parker
Sanders Parker@FamousVariety·
Went with my brother in law to help move a fountain at a guys house today. Turns out, he sells tons of stuff on eBay, mostly collectibles. We asked him what he thought about the buyout. He was against it. We then of course preached the good word of @ryancohen, told him how he was planning to approach the business, how eBay’s board members hold almost no shares at all, etc. By the end of the conversation he was no longer against it.
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Goatbeardz
Goatbeardz@GoatBeardzDD·
BAD NEWS EARLY, GOOD NEWS ON TIME. There are two versions of a proxy statement. The preliminary proxy (PRE 14A) is the draft. It files with the SEC for review. The SEC has roughly ten days to review it. If they don’t send a comment letter, the company is clear to file the definitive version. The definitive proxy (DEF 14A) is what shareholders actually vote on. It does not go through a second review period. It’s effective immediately. GameStop filed its PRE 14A at market close on May 11th. The DEF 14A can file as early as May 21st. The annual meeting is June 8th. The definitive proxy files between May 21st and roughly May 26th. That’s the window. — Every proxy opens with a letter to stockholders. It’s not a proposal or a voting item. I’ve attached ours below. 150 words. The comp gets one paragraph. The 2.5 billion share authorization gets one sentence. Acquiring companies is never mentioned. The only forward-looking language is seven words: “when the right opportunity arises.” That’s a placeholder. This letter was never meant to be finished. — Now think about what shareholders are walking into on June 8th with this letter as their only context. The Comp Package 171.5 million shares in performance options. Milestones up to $100 billion market cap. The letter mentions the $20 billion floor. It doesn’t mention the $100 billion ceiling. It doesn’t explain why those targets exist for $GME. The Share Authorization 2.5 billion total authorized shares. “When the right opportunity arises” is the entire explanation. The Backdrop A $55.5 billion bid for eBay just got publicly rejected as “neither credible nor attractive.” Without additional context, every proposal fails. Cohen built this meeting agenda. He knows it’s insufficient. You know it’s insufficient. Which means the definitive letter is different. — The proposals won’t change. The SEC reviewed them. They have to stay consistent. But the shareholder letter is not a proposal. It’s disclosure. Expanding disclosure between preliminary and definitive isn’t just permitted. It’s encouraged. The preliminary letter is 150 words. The definitive letter could be 1,500. The proposals stay identical. The context changes everything. — Here is my prediction. Bookmark it. The definitive proxy shareholder letter is where Cohen reveals the holding company. ‘We pursued the largest marketplace acquisition. We were rejected. Our stock is undervalued when the market sees a video game retailer.’ The solution isn’t to abandon the strategy. The solution is to change what our stock represents. A parent entity — with GameStop as its core subsidiary — building a diversified conglomerate. The 2.5 billion shares are the authorized pool for that structure. The comp milestones to $100 billion aren’t for a retailer. They’re for the parent. Delaware Section 251(g) allows a corporation to reorganize into a holding company without a shareholder vote. Google did this in 2015 when it became Alphabet. Each share converted 1:1. No dilution. No taxable event. The board executed it unilaterally. The reorganization is 1:1 — no new shares needed. But the moment the holdco exists, Cohen needs shares for everything that comes after. The share authorization IS the holdco vote. The comp approval IS the holdco vote. Every proposal on June 8th is a piece of the same structure. The letter is what connects them. — Cohen can’t walk into June 8th with a 150-word letter and ask for 2.5 billion shares on trust alone. Not after $EBAY. Not with $100 billion milestones. He built a meeting agenda where every item is incoherent without the reveal. All three point at the same door. The shareholder letter opens it. The DEF 14A files between May 21st and May 26th. The letter expands. The vision is disclosed. June 8th. BAD NEWS EARLY GOOD NEWS ON TIME
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Caseyflea
Caseyflea@Caseyflea1·
Quick life update, I haven't fully beat the cancer yet. But It's pretty damn close to remission just a tiny tumor in my right lung. I feel 100% recovered and I even got to take my wife on a cruise last week to celebrate kicking this things ass. 2 more chemos to go! WAGMI
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Polymarket
Polymarket@Polymarket·
JUST IN: CDC announces 41 Americans across 16 states are still being monitored for possible hantavirus exposure.
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Caseyflea
Caseyflea@Caseyflea1·
@RJ74120113 @NumberWonTwice Hi Ramez, glad you are back! I can't DM you but I'm just checking in for an update on the painting that you were giving away , that PP chose to give to me while I battle cancer, thanks man!
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RamezJ741
RamezJ741@RJ74120113·
AS OF YESTERDAY I HAVE CHANGED MY PHONE NUMBER . I KNOW FEW PEOPLE I PROMISED TO GET BACK TO SO PLEASE MESSAGE ME HERE OR DM ME . REASON I CHANGED MY NUMBER CUZ SOON WE WILL BE BILLIONAIRES AND I KNOW MORE PEOPLE WILL BE REACHING OUT LOL
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Caseyflea
Caseyflea@Caseyflea1·
@dirtevader Ryan knew the entire board is corrupt before he ever made the bid...that's the key to him acquiring the company. Much like a certain towel company we know
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Caseyflea
Caseyflea@Caseyflea1·
@FamousVariety Honestly man, the older I get the more I think it's all of them. I know the one I work for is.
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Sanders Parker
Sanders Parker@FamousVariety·
How many companies in corporate America are just fronts for enriching people at the top, fraud, and illegal activity?
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Caseyflea
Caseyflea@Caseyflea1·
@ThePPseedsShow I have to admit , this new style of PP posting in all caps CRACKS me up 😆
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Mags
Mags@magsonthemoon·
@Mr_Derivatives they are unfamiliar with his troll game but they’re gonna learn 😂
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Caseyflea
Caseyflea@Caseyflea1·
@No_Pie_2109 Man, I'll never invest in the stock market again in my whole life , and probably delete X. I'll be busy sailing the world
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No_Pie_2109
No_Pie_2109@No_Pie_2109·
So like when we’re rich, are we going to shift our cults focus on another stonk or are we just gonna be posting pics of our yachts and shit? Or….
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🌵Murph🌵
🌵Murph🌵@CaptivaMurph·
@Caseyflea1 @Chewy That's outstanding! Nicely done! I've never been able to paint anything that looks real, so I adapted my art to be bright and colorful. This is a copy of a painting I did for my friends when their dog passed over the Rainbow Bridge years ago. It's 24" x 48". Acrylic on canvas.
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🌵Murph🌵
🌵Murph🌵@CaptivaMurph·
This is the kind of thing that makes a loyal customer (and investor) for life... A hand-painted portrait of my best buddy arrived here at my house as a thank you for being one of the first patients at the local @Chewy vet clinic. What a company.
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Caseyflea
Caseyflea@Caseyflea1·
@ftwbiz I appreciate all your work man , but get some sleep! Our payout is coming whether your well rested or not
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Ftw
Ftw@ftwbiz·
I can confidently say that there will never be a financial event quite like what RC is about to pull off.
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Caseyflea
Caseyflea@Caseyflea1·
@Weavenut Love you, Mike. Keep your head up buddy.
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Mikehands
Mikehands@Weavenut·
I am in imense pain right now in every way. Worse than losing my parents and I love them very much. Please I beg you, Pray for my Family and I. Please…
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Caseyflea
Caseyflea@Caseyflea1·
@ThePPseedsShow I love you, brother, but you got different priorities than me. once we get paid , I'm making my life and everyone around me's life better. The last thing I'll give two shits about is what some moron on X says. They'll never cross my mind again.
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ThePPShow
ThePPShow@ThePPseedsShow·
When BBBYQ equity comes back I’m about to have a field day with these shills.
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Caseyflea
Caseyflea@Caseyflea1·
@PhantomBlack699 @ThePPseedsShow If I remember correctly, Pulte said that he was invested in a guy that we all knew , that he felt would be worth 100 billion one day
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Salvatore Linteum
Salvatore Linteum@PhantomBlack699·
Where's that clip of Pulte on @ThePPseedsShow talking about a guy we all know that is going to be worth $100bn one day? I know one of you perverts have that clip in a wank bank somewhere, show yourselves
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