DeepValue

@ManningCapital_ This scam is still alive and well.

Just wrapped an excellent live Q&A with $FRMM CEO McAndrew Rudisill answering retail shareholders' questions directly. Raw, unedited footage. Straight talk on where we're headed. Huge thanks to Forum's CEO McAndrew Rudisill and VP of IR John Kristoff for taking the time to do this and keeping the communication bridge open for retail shareholders. Watch here: youtu.be/EKJmigOI7lY$FR…

@unusual_whales April fools?

BREAKING: Trump says he is absolutely considering withdrawing US from NATO

@IranBaseNews All the people Iran killed just because they were protesting the leadership. What do you say about that?

Dear Americans, After Iran wins this war, go vacation in Iran. IRAN IS NOT YOUR ENEMY.

@sanakazmi36 Thunder⅘? lol

What should the child be named?

@elonmusk Maybe the standard of care for mentally illness has improved over the years to keep people out of Asylum? Progress of science? 🔭

If someone is guilty of a heinous violent crime and is able to plead insanity, they should go to an asylum, not be released to murder or rape innocent people

@DefiWimar May just be Tariff

🚨 WARNING: SOMETHING BIG IS COMING. 2007-2009 HOUSING COLLAPSE: Gold pumped $670 - $1,060 2019-2021 COVID-19: Gold pumped $1,200 - $2,030 2025-2026 NOTHING (YET): Gold pumped $2,060 - $5,520 If you still think nothing will happen YOU'RE WRONG. Gold doesn't move like this in a normal market. Gold moves like this when TRUST is breaking. I've studied macro for 10 years and I called almost every major market top, including the October BTC ATH. Follow and turn notifications on. I'll post the warning BEFORE it hits the headlines.

@capybaraReborn You have the best of intentions for these companies but the truth is that these companies are set up to rob retail investors through dilution because no bank in their sane mind would give them money.

Funny thing is $JTAI was only able to raise $200k today with while they slashed their valuation by $4.5m. In total, they’ve now raised $2.5m in cash and the company, fully diluted, is worth $10m less than it was despite having more cash. This isn’t a calculated self-dealing management or scheme, this is simply a very poorly executed fundraise. Market will be quick to eliminate inefficiencies…

@capybaraReborn @JetAIinc Are you still holding?

It’s always checks and balances. @JetAIinc ultimately is incentivised to do the right thing on canceling this ATM, as Winston and Murnane have a lot to lose if they don’t. Here’s why: 1/ Their main personal assets are founder shares in the AIIA-UN SPAC. In order for these to become liquid, shareholders need to vote in favour of the acquisition they propose. Majority needs to vote for that and if Winston & Murnane decide to dilute shareholders this far below book value for their own bonuses in a clear breach of their fiduciary duty, the SPAC acquisition won’t go through as they’ll lose the vote. All SPAC shareholders will of course know what would happen here and would be aware how to cast their votes to protect their capital resulting in multi million dollar losses for Winston & Murnane. 2/ If Winston & Murnane were to dilute shareholders this low below value when they’re sitting on more cash per share, they would alienate all shareholders. As the shares would be sold in what is already a 98% float, any shareholder vote would go against management and even with a staggered board, within 2 years, all of them would be guaranteed out. That would not only mean they’d lose high paying jobs, future equity grants, they would also not be able to start over somewhere else with a reputation of breaking fiduciary duty against shareholders of a public company.

@nypost We all saw the officer take the gun away..

DHS investigating whether Alex Pretti’s gun accidentally fired — and sparked deadly Minneapolis shooting: sources #Echobox=1769460268" target="_blank" rel="nofollow noopener">nypost.com/2026/01/26/us-…

@capybaraReborn Are you still holding ETHZ and MTEN?

Picture this: You buy a house for $300k because you like the view, layout and location. A week later, your neighbour shows up and says I’ll buy it for $250k. Would you take that deal? Likely not, because you know what and why you own it and none of the fundamentals have changed on this. Yet, when it comes to stock, the vast majority of noise on social media is people watching charts ping up and down gambling. That is absolutely a sure fire way to ultimately lose money. Never invest in a stock unless you have a thesis. Then from time to time, check how that thesis gets executed on. No strategy requires you to track a stock price hour by hour. That’s a recipe for anxiety.

@capybaraReborn I'm not in JTAI yet because I missed your thesis. Still recovering from ETHZ and MTEN. I need something that would recoup my losses. You lost money too.. just don't know how you are fine losing so much money lol. Your port must be deep. 💪🏾😅

Have a nice weekend everyone ⛷️

@capybaraReborn I don't know about this one my guy. Thought bottom was 10c

Meet Yingkai Xu Pictured here ringing the NASDAQ closing bell with $MTEN a year ago. Yingkai started his career as a quality and process engineer at FAW Group before working in product development at Cummins. He then was VP at Yuxi Yelong before becoming its general manager. In October 2015 he founded $MTEN and has been running it since as CEO and majority shareholder. This is not an empty shell, this is an actual business founded by a guy with decades of expertise in car mould manufacturing. Sometimes when a tsunami hits, it takes everything with it, even actual businesses and not shells. Now it’s time for Yingkai to do the right thing for $MTEN shareholders and restore confidence by: 1/ Confirming current share count and cash on balance. 2/ Confirming no ATM will be run below book value not to harm shareholders and respect his fiduciary duties. 3/ Publish guidance and a concrete growth plan for their mould parts business that now includes trains, not only cars. I’ve increased my position to 8 mln shares of $MTEN. Now time for the company to do the right thing here.

@capybaraReborn Ok. Hope you are right lol. These Chinese companies don't play by the same sets of rules as US companies.

@SlyCadnel Doubt they would dilute themselves below value. I think it got tainted by other Chinese stocks

Might have just stumbled onto something interesting during research this weekend. Last week, 2 Chinese small caps ran up their shares from near 0 volume to millions traded for insiders to unload their shares personally at a profit. These two companies were $OCG and $SXCT. Detailed of how they did that in my previous post for those interested. It lead me to think that those actions would also harm some genuine Chinese small caps by association as people would not be able to distinguish the good from the bad. I think I found the one most heavily impacted - $MTEN. It seems the market was greatly mistaken here. Mingten International ($MTEN) focuses on the production and sales of molds used in the production of car parts like braking systems or batteries. This business does $10m per year in revenue for the past 5 years with gross margins around 40%. After operating at a ~20% net profit it has from this year started reinvesting its free cash flow into RD to grow its product line and ultimately revenue which has grown 30% in 2 years. The company had net assets of roughly $7 million being cash and equipment. In November 2025 it closed a private placement at $1/share raising $15 million in cash. As a result net assets (85% of which is cash) ended up being 22 million with 21 million shares outstanding fully diluted for a cash per share value of roughly $0.89/share. The stock is currently trading at $0.15 per share after a 90% drop as people confused this Chinese microcap with peers. Leading to an 80%+ discount to cash/share. The cash position per share is however likely higher. As opposed to other Chinese cos where insiders were selling, when the company was trading at a high premium, they were selling shares ATM at a high premium to cash/share, increasing the value per share which each share issued. Looking at people involved in $MTEN, it is not a surprise these are actually trying to build a real business and capitalize on volatility to bring value to shareholders. Tina Xiao, its head of IR, was formerly running IR for Zoom, one of the most successful Covid stocks. Yingkai Xu, Chairman and majority owner of $MTEN, has spent his career in car part manufacturing and has been developing this business for the past 10 years. As $SXCT and $OCG tanked, markets misunderstood what $MTEN was about and viewed its ATM dilution at a premium to be close to insider sales at the two other companies despite this having no relation. Based on this it seems $MTEN at 0.15/share is trading at a discount of over 80% since it has more than this in cash. Keeping an eye out here.

@capybaraReborn Lol.. Oh people lol

@SlyCadnel Apparently there’s near half a mil on it

Here’s an interesting investment. You can bet Jesus won’t return in 2027 on Polymarket and make 3.1% at the end of the year. If you’re willing to say aliens won’t appear by the end of 2027 you can make that 8% APY. What a time to be alive.

@ManningCapital_ @capybaraReborn Are you getting paid by this fraud of a company? They are not doing anything to increase shareholder value. Just look at where the stock is. Your optimism is VERY suspect.

I appreciate your $8 per share offer and the implied 54% premium to the current trading price. However, I remain convinced that it significantly undervalues ETHZilla's assets and strategic potential, and it is not in the best interests of shareholders. While the market has not yet fully embraced ETHZilla's pivot to real-world asset (RWA) tokenization, I believe pursuing this path will deliver superior long-term value. Even setting aside the transformative potential of tokenization, your offer compares unfavorably to a straightforward liquidation of the company's primary asset—its Ethereum holdings. Liquidation Comparison: As of late December 2025, ETHZilla holds approximately 69,800 ETH. At the current ETH price of $2,930, this equates to roughly $204 million in value, or **$10.70 per share** (based on ~19 million shares outstanding)—approximately 34% above your $8 bid. A liquidation would distribute this value directly to shareholders with minimal friction, providing immediate realization well in excess of your offer. Accepting a takeover at $8 would require shareholders to forgo this higher intrinsic value for no compelling reason. Tokenization as a Superior Alternative: Beyond liquidation, ETHZilla's ongoing execution in RWA tokenization offers meaningful upside. The company has already secured key partnerships (e.g., Liquidity.io for regulated listing, stakes in asset originators like Karus and Zippy), generated initial revenue (~$4M in recent quarters—granted that's from eth staking yield), and expects its first tokenized products to launch in early 2026. Industry projections estimate the tokenized asset market could reach $10–13 trillion by 2030. ETHZilla needs only a small fraction of this growth—combined with modest recurring revenue from fees, staking yields, and protocol integrations—to justify a valuation far exceeding current levels. For context, comparable blockchain-finance player Figure Technologies (FIGR) currently trades at ~25x price-to-sales. Applying a more conservative 10–15x multiple to even limited revenue growth for ETHZilla could support a market cap well into the billions over time. In summary, IMO, neither a takeover at $8 nor liquidation at ~$10.11/share (based on 68k ETH at $2,900 today) makes sense for $ETHZ. I feel we’ve already weathered the bulk of the downside with the stock’s drop, and I’m holding out for tokenization, which I believe offers substantial upside.

BREAKING / The following is addressed to @ETHZilla_ETHZ board of directors. I am prepared to acquire 100% of shares of $ETHZ at a price per share of $8/share, ie a 54% premium to the stock’s closing price on 26th Dec. This offer is subject to standard Due Diligence, $ETHZ verifying it has at least 68k $ETH on its balance sheet free of any claims, its fully diluted share count not exceeding 19.5 million shares and there being no additional not yet reported liabilities on the balance sheet. Subject to DD being satisfactory, this deal can be closed within 45-60 days and will be funded by a mixture of own capital and private credit. In making this offer, I would like to remind Ethzilla’s board of directors it is obligated to act in the best interests of shareholders and this offer represents a 54% premium to the current share price. I would also like to remind management that if it issues stock at under $8/share in startup investments it is now undervaluing the stock and that, should it refuse to engage in this deal, it is making the conscious decision to say its alternative will generate returns to shareholders higher than $8/share. To any other large shareholder that would be interested in joining in on this deal, send me a DM.

@capybaraReborn @ETHZilla_ETHZ Buying the whole company? If yes I'm going to buy too lol. Just confirm ☺️

@capybaraReborn @avichal @ElectricCapital I will buy under $1 lol or wait for another RS before buying. Short to get money ... No financial advice.

$ETHZ has a profound problem. It is not working in best interests of shareholders. Rudsill started with investors handing him over roughly $30/share in cash+eth. Mission was to build a DAT business, invest in DeFi for better yield backed by @avichal and @ElectricCapital Then problems started, @ETHZilla_ETHZ took $500m on a convertible note from Hudson Bay that was so poorly negotiated it provided little upside with heavy risk, and then Ethzilla triggered this risk by its own actions. First $ETHZ stopped stock buybacks, despite it trading below NAV and a critical part of its DAT strategy that I had encouraged. This led to the stock decoupling from NAV. Instead of using this opportunity for buybacks, Ethzilla paid out near 70mln in compensation to its board and dropped NAV further. Retail assembled along with all shareholders to rectify this failure in corporate governance and ultimately got the compensation plan revoked. However, this was too little too late. By then, $ETHZ management went on a rampage of deals the true nature of which will only be understood later on. After paying off $87mln to Hudson Bay to close a convert that provided no value and decimated $6/nav, $ETHZ went on to acquire shares in KarusAI, Liquidity and worst of all Zippy. All of these companies have in common a non-existent balance sheet, barely any functioning products and sky high deal valuations. All of these are clearly against best interests of shareholders, yet the board approves them. In order to truly see the endgame there, it would be needed to see the cap table of those startups along with all options and warrants. A step likely required here. With the appointment of @daltonan as the head of the compensation committee, there likely won’t be new debacles with management payouts, however the damage done through startup deals is likely to be far worse and the upcoming decision to sell ETH and invest into high yielding mortgages and auto loans with leverage is likely to yield further value destruction. Decisions that management and board are making against best interests of shareholders. All of this, is likely to have started heading towards the preparation of a class action, and with already near $300million of shareholder funds lost, it is unclear why anyone at this company is choosing to remain and bear further responsibility.

@capybaraReborn @avichal @ElectricCapital They are not interested in shareholder value. I had to take a heavy loss. They lied every step of the way. It started as a holder of ETH and a small portion of the business would experiment on RWA. Now they are doing 100% tokenization of RWA by selling ETH at heavy loss.