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KinKys3x
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KinKys3x
@KinKybbby
“Who in the world am I? Ah, that's the great puzzle.”
Wonderland Katılım Ağustos 2023
49 Takip Edilen586 Takipçiler

@KinKybbby I know you don't subscribe. But they will subscribe YOU, and YOU will have a choice to make!
Don't follow this guy.

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@Revenant2992023 Nothing what i said above is tin foil.
You can fact check it.
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@KinKybbby What happened to you bro? From logics, you moved to tinfoil now?
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@KinKybbby I hate that I don't fully understand these mechanisms because this is fascinating and I want to... seems like the type of knowledge that requires a background framework I'd need at least a couple textbooks to fully get. So what's next in terms of GME share price?
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Well Cobe doesn't apply here.
law.cornell.edu/uscode/text/26…
Section 382 l 5(a)
(5)Title 11 or similar case
(A)In general
Subsection (a) shall not apply to any ownership change if—
(i)
the old loss corporation is (immediately before such ownership change) under the jurisdiction of the court in a title 11 or similar case, and
(ii)
the shareholders and creditors of the old loss corporation (determined immediately before such ownership change) own (after such ownership change and as a result of being shareholders or creditors immediately before such change) stock of the new loss corporation (or stock of a controlling corporation if also in bankruptcy) which meets the requirements of section 1504(a)(2) (determined by substituting “50 percent” for “80 percent” each place it appears).
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@KinKybbby Based on all the DD I have read so far, there is NO way the NOLs can be used unless COBE is established. Thus, he'll have to snag overstock so the umbrella that shelters ebay, gme, ovstk and others will benefit from the NOLs.
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@youknowwho2b Funny you ask this cause 2 months ago i asked a very specific question to alan on how tzero would handle this.
Here is what he said to me

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Really interesting framework. I especially agree with the shift away from “recovery narrative” and toward pure securities plumbing / entitlement mechanics.
The OCC/DTCC layer continuing to behave as unresolved infrastructure instead of clean extinction is still the part I struggle to fully dismiss mechanically.
Curious what you personally view as the actual “bridge document” though.
Would it need to be:
an S-4 / exchange registration,
DTCC mandatory exchange notice,
transfer-agent allocation instruction,
OCC deliverable update,
CoD tied to legacy classes,
or something else entirely?
Feels like the entire case now collapses into identifying the one dispositive document that converts frozen infrastructure into legally actionable allocation.
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Look I am not going to dog on anyone elses opinion, but what I laid out in my article yesterday, is litterally what he just said live on TV.
in Cohens analogy (example) he said
" $Ebay is $40,000 earner"
" $GME is a $10,000 earner"
GME is proposing 50% cash
so they are buying in cash 50% of their $40,000 earnings.
so now after paying cash $GME shareholders own $30,000 of those earnings & $Ebay shareholders will own $20,000 of those earnings.
i know he said 60-40 Ebay but he just misspoke. It will be 60-40 gamestop shareholders ownership.
if you look at the math in this article thats basically roughly what i am showing you
if gamestop shareholders hold roughly 550 million rounded for even math. and Ebay holders own the other 450 million once again rounded for even math, it would be GME shareholders own 55% of the combined business while ebay shareholders will own about 45% roughly on both numbers (wont know exactly until we see total shares)
as far as the rolled equity, what that means is both shareholders are taking their ownership in their respective companies and rolling it over into the new combined business.
(This does not mean anything $bbbyq)
in a straight cash buyout (like twitter) the old shareholders were paid off & fucked off.
where here both shareholders are rolling their previous ownership into the new combined business.
I cant wait to see the exact math, But I am very confident the blueprint i gave below is accurate.
Now we just need DKButterfly to be the Vault/Bank that gamestop is using!
GIF
KinKys3x@KinKybbby
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$BBBYQ
Did you know you the lawyers removed class 9 from releasing parties for the final plan confirmation?
Yes you still have your rights, if Michael wants to sue for share buy backs, he can, if Michael wants to sue for Epstein & JPM partnerships, well he still can
here is why...
SS #1
Final Plan Definition of "Releasing Party"
SS #2
The language removed, which gave class 9 legal rights back.
--
First to SS#1 the Final Plan definition of "Releasing Party"
Righlighted in Red 🔴
it says:
"“Releasing Party” means each of the following,"
-
Scrolling down to letter (e) Highlighted in Orange🟠
"(e) all Holders of Claims or Interests that are deemed to accept the Plan and who do not affirmatively opt out of the releases provided by the Plan;"
Well news flash we were "Deemed to Reject" not "Accept"
so letter (e) is not class 9
-
Scrolling down to letter (f) Highlighted in Green 🟢
"(f) all Holders of Claims or Interests who vote to reject the Plan and who do not affirmatively opt out of the releases provided by the Plan;"
Well news flash Class 9 did NOT Vote
so letter (f) is not class 9
-
Scrolling down to letter (g) Highlighted in Purple 🟣
"(g) all Holders of Claims or Interest who vote to accept the Plan;"
Well news flash again, Class 9 did NOT Vote or Accept
the plan
so letter (g) is not class 9
-
Read docket 2172 for yourself, NOWHERE in the definition of "Releasing Party" is class 9 mentioned.
Definition is below in SS#1
-
Now we have SS #2 the removed language when amended
"are deemed to reject the Plan and who do not affirmatively opt out of the releases provided by the plan"
Oh there it is.. "are deemed to reject the Plan"
That's you class 9.
You still have your legal rights!


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