
Wally Buck
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Wally Buck
@WallyBuckLive
Likes: Stonks, Games, & the Prospect of a Better Future that Makes More Sense!




Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.


Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.


This post is for $BBBY / $BBBYQ and $GME investors. Just sharing a theory. I could be wrong. TLDR included. 1/2 🧵. 1. Two Warrants, Two Companies, Same Week •GameStop (GME) filed on Sept. 9, 2025, declaring a warrant dividend: 1 warrant per 10 shares, exercisable at $32, expiring Oct. 2026, to be distributed Oct. 7, 2025. Convertible noteholders also get equivalent warrants. Importantly, the filing references “warrants to purchase Common Stock,” but the actual warrant agreement has not yet been filed, leaving the door open to adjustments, substitutions, or merger-trigger mechanics. •Bed Bath & Beyond (BBBY), now legally Beyond, Inc., filed on Sept. 22, 2025, also declaring a warrant dividend: 1 warrant per 10 shares, exercisable at $15.50, also expiring Oct. 2026, distributed the same day — Oct. 7, 2025. So, both companies: •Same distribution date (Oct. 7). •Similar ratio mechanics (1 warrant per 10 shares). •Same expiration window (Oct. 2026). •Both delaying filing of the actual warrant agreements until on/near distribution. That degree of synchronicity is highly unusual. Normally, a warrant dividend is a quirky, standalone financing or anti-raid device. Two “meme-stock” linked names doing it together, under overlapping legal/strategic guidance, signals coordination. ⸻ 2. The Wachtell 1984 Memo The 1984 Wachtell, Lipton, Rosen & Katz “Warrant Dividend Plan” @PhantomBlack699 discovered explicitly framed this as a takeover defense + merger facilitation tool. The memo describes: •Using warrant dividends to preserve shareholder value during raids or tender offers. •Leveraging warrants to complicate hostile bids but facilitate friendly mergers, where warrants can be structured to align accretion/dilution with a planned reorg. •Timing such plans before a merger/takeover to deter arbitrageurs and stabilize ownership. Now, that same firm represented Overstock (which became “Beyond”) in its stalking-horse role for BBBY in 2023. The legal mechanism is there. ⸻ 3. The DK Butterfly Hypothesis Here’s where RC and DK Butterfly come in. If DK Butterfly is a private merger shell or bridge vehicle, it could serve as the conduit for combining GME and BBBY without direct NYSE-to-NYSE complexities: •Step 1: Warrants distributed to lock in existing shareholder bases of both GME and BBBY. •Step 2: Merger announced where warrants become exercisable into merged securities (not just GME or BBBY common). The S-3 shelf is intentionally vague: it allows issuance of “securities” broadly defined — stock, debt, rights, units, etc. This flexibility leaves room for warrant substitution or forced conversion tied to a corporate reorganization. •Step 3: Creditor treatment. BBBYQ creditors could see partial equitization into the merged vehicle. Warrant mechanics could force them to accept equity at pre-set strikes ($15.50 and $32), recapitalizing the structure while protecting current retail holders. •Step 4: Warrant conversion parity. Suppose the merger ratio values BBBY stock at ~0.5 of GME stock. Then BBBY’s $15.50 strike aligns with GME’s $32 strike in a combined equity currency. That ratio coincidence is too neat to ignore. ⸻



What will happen to $QNTM stock? People say they have "looked at the data" and joined Quantum Biopharma in the fight against the shorts. While it may be being shorted as the market cap increases, what data are people looking at? Trying to be balanced in analysis, here is the data I see. First, no one is looking at or talking about risk, but let's begin with the upside: 💸UPSIDES: 1) Low Float, tightly held 2) High CTB (222%) 3) Spoofing Lawsuit 📉 DOWNSIDES / RISKS 1) Short Interest only 5%, not highly shorted 2) No revenue, ever, increasing cash need and future dilution risk 3) History of increasing the float through dilution 4) Negative Operating Cash Flow exceeds cash on hand, increasing dilution risk 5) Insiders control any shareholder vote through Class A shares held by 2 individuals. More dilution needed to sustain liquidity? You have no say, no vote. 6) Lawsuit has uncertain outcome, next major updates maybe in 2026 if it survives Motion to Dismiss. 7) Unanswered questions to management about how much proceeds if the lawsuit is successful were already bought by Sports Coat LLC. 💡Best Guess: 1) May be a potential FOMO play for agile traders willing to take on a high risk position, lucky enough to get a low entry and willing to sell quickly into any FOMO runs. 2) Long term trend will be down due to all downsides listed, mostly lack of revenue and need for ongoing liquidity ie dilution












