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🚨Post-Confirmation Report🚨 🎵Oh, Canada...Please hold my Molson Canadian🍺 As I am writing this, Kroll just dropped 50 post-confirmation reports. Remember there are 74 entities (The main company and 73 subsidiaries). For those curious what a PCR is: It is like a financial report card that the debtors or trustees a required to file with the court after their re-organization plan has been confirmed. It is a critical part of the post-confirmation process. Now, shills will be like: "heyyy Chaddddd, there is only one plan". Actually, Platinum helped me find the "one plan" page. Now this is where you can hold my beer. Check the date beside the explosion emoji: 09/14/23 And at the top of the page is says "joint Chapter 11" and "debtors affiliates". Now take a look at Docket #3367 Holy smokes. Check that Date of the Plan confirmation. The one beside the emoji. Please also look further at how the Post-confirmation report relates to the Reorganized Debtor: BBB Canada LP Inc. Ummmm....pardon. What does this have to do with 'Merica? Fuk'd if I know....but let's look at bit deeper. On their website (https://t.co/lvPN6OwpuF) you will find all of their dockets and I noticed the filed "Stay Extensions" like 69 times. But the last date they requested was for June 21 2024. Check it: You wonder what a "Stay" is? According to Grok it is: "It allows debtors more time to reorganize their finances and propose a plan to repay creditors." This is also another way to protect the debtor(s) against actions like lawsuits (16b anyone) and repossessions. It's just a great, legal way, to give time and protection to reorganize their finances and work towards a successful resolution of their bankruptcy case. Well great, Chad....that's good to know...but what is the significance of June 20th? I don't know, but the very next day when the "Stay" ended, the BBB Ltd bankruptcy released a "TERMINATION ORDER". Shills paying attention now? Cause it gets better. You are probably wondering what the heck a CCAA is. I was wondering the same thing. It stands for "Companies' Creditors Arrangement Act". According to Grok: "The CCAA is a federal law in Canada that allows insolvent corporations to restructure their business and financial affairs" Basically avoids the company going into receivership or bankruptcy and keeps the debtor company operating. Debtor you say? While the BBB Canada with the CAAA proceedings being terminated, all of the assets and liabilities will be managed by the Ch 11 bankruptcy framework in the U.S. Remember the "Hold my beer"? Well....looks like they just passed it back. --------- So you have #BBBY go into bankruptcy around the same time as BBB Canada. We have the reorganization Debtor tied to BBB Canada. They filed for many "stays" because of certain unforeseen delays. And it looks like the BBB Canada bankruptcy is done and taken over by U.S. One month later we are seeing a bunch of PCR's being filed. Lets goooooo Have a great night. See you once we get paid. What do they have in store for us? no one knows. but it was a pleasure serving with you. Let me leave you with this (see next tweet):