@larryvc If a founder came to you tomorrow asking how to justify AI spend to their board while managing the downside, what would you tell them to measure?
@ryancohen when you get chance listen to Greg, explaining $MMTLP situation. Can’t wait to hear about $GME when the time comes. Huge respect 🫡 for everything you doing for $GME shareholders. Good luck!
Greg McCabe, chairman and CEO of Next Bridge Hydrocarbons, breaks three and a half years of public silence on the extraordinary failures of U.S. market regulation and blatant corruption at FINRA and the SEC. McCabe describes unauthorized trading of company shares, massive naked short selling, and a devastating FINRA trading halt that froze assets of 124,000 shareholders. Despite receiving SEC approval for share registration after three years, short sellers have refused to settle. McCabe calls for transparency, accountability, and government intervention to protect retail investors.
https://t.co/43jWRGZJjJ
Let's celebrate the three year anniversary of delisting, with @jake2b and some key reminders of why we have unwavering conviction
🦋 Set a reminder
💥 Repost
https://t.co/NXI4vuXg5h
Ryan Cohen's letter to BBBY 👇
The $1.2bn in debt at the time was entirely the notes that were issued in 2014
Every dollar of those notes was created for the sole purpose of buybacks
Gustavo and Tritton continued accelerating the share repurchases despite the company burning cash
JPMorgan worked extensively with Gustavo on the buybacks
JPMorgan were the underwriters of the notes
JPMorgan were used by Ryan Cohen to sell his position, and they leaked the news to everyone before the sale hit the market publicly
JPMorgan's head of Global M&A was concerned about Ryan Cohen and asked the BBBY board what their plan was to deal with him
JPMorgan and MSC have colluded for fraud historically
JPMorgan were removed as senior lenders by Sixth Street in early 2023 after a tug of war for control over the estate
The lookback period for fraudulent conveyance in Chapter 11 is around 90 days, 90 days before Chapter 11 filing on April 23rd 2023 is Monday 23 January 2023, right at the time Sixth Street raised capital to pay JPMorgan to stop them forcing the company into Chapter 7
The HBC deal was facilitated to clear ABL obligations
All the pieces indicate that JPMorgan fucked up, bad and dug themselves deeper.
JPMorgan have paid billions in settlements since 2014.
They will pay the waterfall for their reprehensible actions.
Everyone talks about saving money. But saving is only one part of wealth.
There are 4 skills of money:
Making money.
Saving money.
Growing money.
Spending money meaningfully.
The last one is underrated.
Money should buy more than things. It should buy time, freedom, experiences, health, generosity and peace of mind.
The goal isn’t to die with the most money.
It’s to use money well while you’re alive.
The future is more nomadic—less defined by borders, more by choice.
Governments must compete for talents and capital—not take them for granted.
Love your country. Don’t outsource your future to it.
Luxury is the freedom to live anywhere.
There's 41 days until the $GME.WS warrants expire or perhaps get extended
GameStop $GME needs to rise 41%~ to hit the strike price of $32 from the last closing price
The optimist in me believes there will be a catalyst that will propel the stock price above $32, the realist in me believes market manipulation on the DTCC is prevalent enough to prevent this occurring, like we have seen week in, week out with option strike prices and mid-week pumps
I firmly believe that the warrants will undergo a "Share Exchange Event" conversion into something new and unprecedented, or at least be extended
The warrants expiring worthless is the lowest probability outcome I anticipate here
Some shareholders are selling warrants to purchase more shares, some are holding to expiration. Do whatever is best for you, don't let anyone influence your decisions.
As for me, I trust Ryan Cohen and I will hold to expiration/extension.
@larryvc Built the case management system for team of 400+ internal operations using AI-assisted ('vibe coded'), completing in weeks what would normally take months while avoiding licensing costs from third-party SaaS workflow solutions saving in Millions.
Today’s failure to advance the CLARITY Act is a missed opportunity. Digital assets are not going away. Congress must resolve the legitimate ethics concerns, establish clear rules, protect consumers and keep innovation and jobs in America. Regulatory uncertainty is not a strategy.
Ryan Cohen continues to fight the 16b with the former BBBY estate with new dockets filed
His core point: they had “no way of knowing his ten percent status” until BBBY publicly updated the share count on April 13, 2022, after he had stopped buying the former $BBBY
It seems he wants to wrap this up 💥
Source
https://t.co/oaYgB89MJG
If we're right and we get paid out, hopefully this year (ffs)
Please invest in your health and wellbeing before anything else. You drive your world and your mental and physical health is at the center of that.
Don't underestimate what I'm saying here.
This is non-negotiable, invest in blood work, hormone checks, a tailored training plan, dietician, sleep therapy and proper sleep equipment and private healthcare overseeing the process and anything else you need to be the absolute strongest version of yourself you can be. The most confident, regret free reflection of you should stare back in the mirror every fucking day.
Ryan Cohen stays in shape, Carl Icahn played chess and tennis throughout his life. Physical health is mental clarity.
If you can afford to do these now, do it, don't wait. If you need the financial freedom then have a plan ready.
Your life is a cascading effect of decisions. Make sure you're in the best condition to make those decisions 🫡 🦁