I will say this again.
Retail investors WERE the Hostile Takeover attempt in AMC.
This is a Shareholder Rights Plan in progress.
#PoisonPill
Taken directly from the AMC 2021 Annual Report:
Got to hand it to @RudyHavenstein , he has been on that low life Larry Summers like White on Rice for a very long time and really respect the effort... Victories happen in this line of work and are hard fought
One of the things that sucks so much about America is that if you say one thing that either party disagrees with they are going to shun you and punish you for it. The reality is they are all a bunch of ass kissers and sellouts and you’re all on your own. If they say something is good for you it’s because it’s very profitable for them at your expense.
TL:DR @BeyondBYON to issue 2 new revenue-share #STOs on @tZERO 👍
- https://t.co/ry6OoRaAZr
- https://t.co/h8pHHkumml
A few thoughts on the announcements:
- A cool use case to see a public company leverage tokenization for project finance on @tZERO.
Kinks & regulations to iron out, but could be a novel playbook/ use case for many other entities & industries.
- A lot of early existing $BYON SH confusion/ dissatisfaction, but the yet-defined numbers are key.
i.e. funding the $5m @buybuyBABY purchase w/ $5m of token sales at a .01% revenue share kicker could be great upfront capital for the Co.; while a 90% rev share could be poor dilution for existing $BYON-parent SHs.
Really depends on X%; too early to call it for BYON SHs, but as a @tZERO use-case, likely provides a net-benefit vs dilutive potential.
- Messaging matters: "We're issuing a 1st-of-its-kind digital security thru a crowdfunding round w shopping perks & a small rev share to fund our growth. SHs are first in line, get it while it's hot!"
Is a lot more palatable than: "We're working on digital dividends to our shareholders, actually we're not, actually a lot of SHs won't even get the security AND an undefined portion of your earnings will go to them!"
Not the first comms fumble by $BYON mgmt and business' messaging realllly needs to improve for credibility on the Street.
- While new regulatory regimes suggest it'll get better, public co's engaging in digital securities/ dividends is still complex, expensive, and non-traditional.
The new tokens/ RegCF approach is a good first step. Co. should consider non-security digital issuances (i.e. Rewards #NFTs) to continue momentum & ecosystem buildout w/o risk of SH alienation.
Opinions own l DYOR.
Beyond, Inc. Announces the Grand Online Reopening of buybuy BABY As ‘Baby Days’ and the Launch of the ‘BABY’ Digital Asset Security On the tZERO Platform May 8th
$BYON https://t.co/BDl9NTppl0
Beyond, Inc. Announces First-Ever Anniversary ‘O’ Event to Celebrate the Launch of the Overstock ‘O’ Digital Asset Security on the tZERO Platform $BYON https://t.co/1BQEkqzETM
The market is never correctly priced
It is never right or wrong
It is neither smart nor foolish
To many improbable things occur for the belief that "the smart guys" really know what they are doing
None of us have a clue. We just manage risk and operate in paradox
For all the freaking out about the markets!!!, if the election were held today @realDonaldTrump would crush the dingbat @KamalaHarris in a landside. The reason: She would be forced to explain in world salad why stocks are sliding while reminding people she came from a middle class family of PhD's and biologists
Hindenburg Frauds (Thread)
39 year old Nat Anderson quits his fantastic career and announces to shut his "Hindenburg" because now he wants to spend time with family
Who will fall for this narrative ?
Certainly we wont
Real reason is sensational
Read full thread
1/17
🚨SCOOP: After 9 incredible years at @FoxBusiness, I’m thrilled to announce that I’ve accepted an offer to host @CryptoAmerica_, a new weekly podcast and newsletter brought to you by @seinetwork that will feature conversations with the biggest players shaping crypto policy in the United States.
Alongside my awesome co-hosts, @jacqmelinek and @thatgerald, we’ll take you inside the nation’s capital to explore how lawmakers, regulators, and the administration are laying the foundations to make America the global leader in blockchain technology.
Our first episode launches March 19, and trust us, it’s one you won’t want to miss.
In addition to my work with Crypto In America, I’ll also be rolling out my own expanded content later this year to continue to bring you the latest scoops, breaking news and important conversations taking place at the intersection of Wall Street and Washington — so stay tuned!
I’m so excited for this next chapter in my career and deeply grateful to everyone at FOX Business who helped me on my journey from a green room production assistant to one of the leading crypto journalists in the U.S.
The biggest thank you of all goes to my mentor and friend @CGasparino, who instilled in me the foundations of old-school journalism and taught me to be fearless and unapologetic both in my reporting and in life.
I would also like to thank all of you, my followers, who have given me the confidence to take this exciting leap!
This is just the beginning.