randy gish

@MysticTravel5 @BrynDavis @JohnEDeaton1 @KuwlShow @Andrescsmx Vote yes to preserve your investment don’t mess us up. This is seriously important.!!!!

Do not listen to the bullshit from @KuwlShow and @BrynDavis . They have a selfish agenda to force us into liquidation and chapter 7. PROTECT YOUR ASSETS AND VOTE YES FOR THE PLAN! Here's 👇the honest truth. Thanks to @Andrescsmx for putting it together. 🚨 What Happens if the Plan Does NOT Pass 🚨 If the Linqto Plan fails, the case converts to Chapter 7 liquidation. This is the worst-case scenario. Here’s what that actually means in plain English: 1️⃣ All assets are liquidated: • All SPV holdings and equity positions are sold • There is no option to keep shares • IPO upside, tenders, or long-term value are gone 2️⃣ Assets are sold under distress: • Sales happen for speed, not price • Illiquid private shares are often sold at deep discounts • Timing and market conditions are irrelevant 3️⃣ Cash is pooled: • Everything is converted to cash • Proceeds go into the bankruptcy estate 4️⃣ Fees get paid first Before customers see a dollar, cash is used to pay: • Chapter 7 trustee fees • Lawyers and professionals • Administrative costs 5️⃣ Customers get what’s left: • Distributions are made in cash only • No shares, no equity, no upside • Estimated recovery: ~50–65% of original investment, if that Bottom line: ❌ No ownership ❌ No control ❌ No upside ❌ Permanent loss of equity This is why voting YES on the Plan matters. A failed plan doesn’t punish management — it liquidates us. Please vote when ballots arrive. Doing nothing or voting NO risks a forced liquidation. More updates coming.

REGARDING LINQTO: Linqto Equity holders - OF COURSE - go to the end of the line in this Bankruptcy - that’s the law under the federal bankruptcy code. As I’ve said many times, I feel bad for innocent equity holders, including innocent employees of Linqto - who were unaware of the fraud being perpetrated on customers. But the federal judge presiding over the case has stated that this is a fraud case. Under federal bankruptcy law, customers are to be made whole BEFORE equity gets anything. Quite frankly, as harsh as that is for innocent equity holders, it is the way it should be. Customers who invested their money, including folks who handed over most, if not all, of their retirement savings, must come first. Period. I don’t blame anyone who says “I doubt customers will get 95% from a bankruptcy.” I don’t blame that person because it very rarely has happened. That’s why - if this goes through - I’ve said it would be the best result in a bankruptcy case involving fraud in modern history. I have encouraged people to read the plan for themselves. When the ballot comes out and voting begins, I will hold several spaces on X and go through the plan and why I will be strongly recommending each customer VOTE YES to approve the plan. In the next two days, I will publish the transcript of what the Judge himself said when he agreed with me. I will also go over the pros and cons of the LT and the CEF and/or a combination thereof. I will invite the lawyers who negotiated the plan on behalf of the Creditors Committee to join me to help answer questions. What some folks fail to truly accept is that we are in Bankruptcy Court and federal bankruptcy law applies. Federal bankruptcy law trumps state law and trumps ordinary contract law. For example, one person argued the plan could not be approved because Ripple will not agree to a CEF. NOT TRUE. First, Ripple didn’t object - it filed what’s called a Reservation of Rights - preserving its right to object later to a CEF AFTER it sees how many, if any, of its shares are to be allocated to a CEF. For example, there are 4.7M Ripple shares held in trust by Linqto. Ripple would certainly object if 4.7M shares were to go into a CEF because Ripple is a private company and 3-4% of its outstanding shares being part of a publicly traded fund could act as a public proxy related to a private company. But I can guarantee not everyone is going to allow all their Ripple shares to go into a CEF. Not even close. Secondly, the CEF cannot have one company constitute more than 25% of the CEF. I estimate that the CEF - AT MOST - in total - will represent $200M in value. Thus, under that valuation, the most shares of Ripple that could be allocated to the CEF is $50M worth of shares. Ripple is currently valued at $40B (based on a recent $500M investment involving Citadel, Fortress, etc). Hence, $50M worth of shares in a CEF is not going to concern Ripple, IMO. Finally, what some fail to realize, is that the judge can overrule Ripple’s objection - if Ripple objected. Rights of First Refusal and other issuer restrictions in contract law can be overruled by a federal bankruptcy judge and there’s precedent to prove it. KNOW THIS: There is no way to transfer the underlying stocks of private companies directly to Linqto customers. We MUST use an indirect structure (like Linqto was supposed to do). The Liquidation Trust is the best and cheapest way to get it done. If this bankruptcy collapses into Chapter 7 then the Chapter 7 Trustee would liquidate shares and distribute cash. And KNOW THIS: A Chapter 7 Trustee is financially incentivized to say the shares are property of the estate - not customers - that customers are creditors since the Chapter 7 Trustee’s pay is based on assets distributed to creditors! Get it? This is why, as the Judge stated, I filed a motion for Constructive Trust in hopes of negotiating a deal that protected CUSTOMERS. If we go through Chapter 7, People will lose A LOT MORE than 5%.

@JohnEDeaton1 Thank you for taking up the torch again John! Is there any prospects of us getting our unit representations of the companies we bought into? Do you think with the SEC involved they may separate the accredited from unaccredited for resolutions?

If anyone else has questions before 9PM, I’ll try and answer them. I can’t promise I’ll get to read all of them but will do my best.

@JohnEDeaton1 Can there be different resolutions for accreditation status. Accredited Investor gets what they signed up for with a possible small reduction for expenses as needed. Non-accredited investors option of money refunded or go into newly developed fund.

@GishOwen Excited to watch you play👊🏼🏈

@GishOwen @HCUFootball Very excited for your opportunities that lie ahead. Keep your head down and work hard through the championship game.👊🏼🏈💪🏼

@GishOwen Great work, on to post season💪🏼🏈

@GishOwen Good work, more to do starting Saturday 👊🏼🏈

@GishOwen Looking forward to your football season, Go Reivers🏈👊🏼❤️

I’m proud and excited to see what Owen will do as a Reiver, helping to carry on a great tradition🏈👊🏼❤️

Proud Papa 👊🏼

Proud papa👊🏼❤️

@DuqVB @GoDuquesne Go Morgan! Go Duke’s!

Wrapping up the Binghamton Invite! 🏐: at Binghamton 🕐: 1PM 📍: Vestal, NY 📊: bit.ly/3EandJc 💻: ESPN+ ➡️ es.pn/3qJXTa7 🏐: vs Merrimack 🕟: 4:30PM 💻: ESPN+ ➡️ es.pn/45nDp63 #GoDukes

@Ballin25Braun Yes Sir, Go Get It👊🏼

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