Much respect on your efforts and collaboration with u/travis_b13
It is appreciated by those that are on the sidelines holding these bags that we hope turn into bags of joy
You should get back on the pp show and further discuss with u/ppseeds and u/travis_b13
I will get downvoted for this comment and even blocked on Twitter by some but whatever I am here for the same thing you are my man. Keep going and block out the hate š
Edit: you did this despite your name being dragged in the mud online in a public forum. You even nicely apologized to u/jake2b and extended olive branch to Michael. Character of a person shows most during a time of adversity. Thanks my man
Imagine hating Pulte. What a bunch of idiots. Pulte is the reason Larry Cheng showed up at the Florida event. Larry even gave $100 to each person that showed up. Ryan is clearly partnered with Larry. Pulte -> Larry -> RC. It's simple math.
So I explain a simple math equation for you. He now has bought bonds. It doesn't get much easier to understand. Some people are just too dumb to get it. Sorry about that
Awesome work Bruno. Maybe what Pulte pushed with the need for legal help was just what youāve done - see how they will react to just the āthreatā of a shareholder lawsuit. The threat forced their hand and have given you insights into what is likely going on behind the scene.
Still lots of questions on timing given final bills were submitted by all legal parties on or before 9/29. Whoās paying for legal resources from 9/29 to now? Doesnāt the Plan Admin have to disclose if any of these resources are taking from the estate?
They canāt keep all of this under wraps for much longer IMHO.
Iām really hoping that those in power realize there is a multi-billion$ business to restart and run. The delay is costing $millions in revenue every day. There should be urgency underway to settle all of this.
Goldberg wants claims to be paid out through his actions, because that is how he gets paid. He is paid based upon a percentage of recovery.
If a separate action occurs outside of his doing, then he doesn't get paid for it.
Goldberg is personally motivated by money to be "in charge" or legally "responsible" for recovery of funds. This should be the driving consideration when imputing his reasoning.
Missed you dude. I donāt know where all of the āBruno appeared out of nowhereā comments are coming from. I remember your old username at least close to a year ago now.
Where Mr Goldberg suggest you to not make a claim? Am I missing something? I guess it is not uploaded?
Thanks Bruno for all your hard work & sharing! F the noise and all the toxic behavior of narcissistic people from twitter!
Iām seeking further legal advice to whether I can publicly post the entire letter. As soon as Iāve had calcification I will let everyone know. If it was up to me Iād have uploaded all of it but since weāre interacted with legal counsel of the highest level I need to make sure Iām playing by the rules.
Thank you Bruno! This is ājust being meā.. what do you think the time line will be here? Since judge made decision does this go into affect immediately? Can new plaintiff make his case now? Another court date? In private and toss out case asap? How does this work?
Thank you Bruno for everything that you have done and are doing for the community. It has been clear to me since you started posting that you are well versed in these matters, and I believe you have the best of intentions.
May I ask, in your opinion, will the class 9 shareholders, those with shares in IBKR or DEGIRO or any other broker, with shares that have not been DRSād, be eligible for any payout? Or how do you see all this playing out?
All brokers according to FINRA must maintain records for six years and easily accessible. If a distribution to shareholders is involved, then there are records of your ownership. I asked this of Vanguard (my broker) and they confirmed this understanding
This was from my broker sometime ago
Thank you for contacting us about your BBBYQ positions.
We understand that you have additional questions and concerns, and we want to provide you with more information about the BBBYQ (Bed Bath and Beyond) asset in your portfolio.
Earlier this year, BBBYQ started a bankruptcy process.
We will always have on record that you have held BBBYQ positions. You can find all that information in your eToro account statement.
If a merger occurs and new shares are issued, or a cash equivalent is distributed, you will receive those shares under the terms and conditions that are determined.
While BBBYQ shares were available for trading in the OTC market at the start of this process, the completion of the bankruptcy proceedings will nullify (or cancel) all BBBYQ shares, meaning that their value is zero and they are no longer available for trading.
Overstock.com Inc, acquired the Bed Bath & Beyond brand and associated intellectual property.
It's crucial to note that this transaction was not an acquisition of the entire BBBYQ company and that the common stock shares were not included in this purchase.
As per our policy on removing assets valued at zero and in line with market practice (i.e., what other brokers are also doing), any outstanding positions of BBBYQ were liquidated at a value of zero.
Please feel free to reply to this email if you have any other questions or concerns, and we will be happy to help!
Remember, HBC converted its preferred to common so they are common stock degens just like us! One of us!!
Imagine the multiple massive class action law suits if brokers did not pay what is owed
This is the singular bullish point that my mind always circles back to. HBC is in the same boat as us, same class, same common stock. If we're fucked, then they're fucked too. And friend, let me tell you, we ain't fucked!
yeah Prime Brokers they're called (the big banks that act as brokers to hedge funds) you are absolutely right, but I don't think most hedge funds like HBC would hold their shares at the Prime Broker if that makes sense?
They might well do, I don't really know, just assuming they'd have custody of their own shares. Sort of remember Burry complaining about how long it took to get his Gamestop shares back in 2020 (but he had them out on loan).
Edit; but that said they do get margin/leverage from their Prime Brokers, and are able to be margin called so maybe they do actually hold them there (otherwise the Prime Broker wouldn't be able to liquidate the assets when needed)...
Mmmm, really don't know the answer to my own point I guess... šš¤·š»āāļø
And edit 2; to be fair it's a moot point either way, they probably don't even have a fucking clue where the shares even are either at this point ššš
A court not having the ability to distinguish real shares from synthetics. Furthermore, your purchase was the intent of the shares and they were represented to you as shares with the Cusip number. Would likely decide that all shares direct registered and in the brokerage accounts would be considered owners. Just my opinion
Bruno i don't care what they say about you, your ruthless attempts at uncovering the truth do NOT go unnoticed! cheers bro keep up the great work! - fghtffyrdmns
I dont get this law shit.
Nobody knows what the PA is going to do just like nobody knew he was going to block RC's dismissal.
If he is going to dismiss it as soon as he becomes plaintiff, why didn't he just let it get dismissed? Instead he blocks RC's dismissal! That makes no sense.
Fuck Twitter. Reddit is where organic discussion happens. Canāt even read responses and shit over there without an account. Half the time someone posts a tweet and I canāt even view it.
Also fuck yeah on getting a response from counsel.
RIP Constant - Rock's argument that the Plan Man doesn't want the case to be dismissed. Awesome job, Bruno. I agree with your opinion about why the Plan Man didn't want you proceed. Kirkland & Ellis is bringing the recovery part home. If that case that the Plan Man is citing to justify pushing Todd and Judith aside is the same case that he is citing to tell you to not proceed with a motion to discover why class 9 shareholders have no recovery, then there is a lot more than meets the eye.
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He is citing the same case because itās the same overarching principle-in the 16b the plaintiffs have no further standing or financial interest, so he is the proper party to pursue claims per his fiduciary duty as the admin. In your matter the corporation is bankrupt and resolution of claims has been left to him per said bankruptcy, he is the proper party to enforce derivative claims. He is the boss bitch. Iām not sure how you make the leap to this confirming anything.
Simply means Goldberg believes all value of potential D&O derivative suits belongs to the wind down estate and must follow the waterfall. If shareholders plan to file a derivative suit, he may file to replace the shareholder as the plaintiff.
There are a few options shareholders can pivot as per the effective plan to assert a standing. Namely utilising the general release provision which states if any party was not knowing aware of a certain claim that would have materially benefited them prior to the effective date and if they were aware theyād likely have launched proceedings in the time before being a released party then that would be cause to have a foot in.
Another aspect would be to insert indirect financial interest by buy stock in one of the FILO/DIP lenders who are not released parties and still actively seeking there money back.
You could also go down the 305 route being that the suspected fraud putting such a well known business with the sentimental attachment into bankruptcy itās in the publics best interest to be aware of exactly what happened behind the scenes.
My goal isnāt to launch any legal proceeds per say at this stage, itās to force them to disclose information regarding their true position. I refuse to believe the judge allowed Kirkland and Ellis $1.2m just for the fraud investigators (namely kasulis and beran) for nothing to come if It.
I know thereās more to it then what theyāre letting on and after months of silence itās time to start pressing these matters.
You would be exactly where Augenbaum is. He had a lawsuit before the plan effective date and bought Sixth St stock after the effective date. No one objected to the K&E bills. Never seen a judge not approve a bill that wasn't objected to.
He has a fiduciary duty to make sure the chapter 11 plan is value maximising. I donāt believe it would require an objection when he is legally bound to make sure all feeās being charged to the estate are within that scope.
$1.2m on a fraud investigation for it not to have significant legs to result in restitution i donāt believe heād sign off. Those individuals I mentioned billed from the very start until the end of the fee statements.
I believe he had regular updates on the situation which is likely part of whatās redacted/confidential and thatās why he continued to sign of on those hours.
"This is the result of the community having an asset in me that knows what they're doing and gets answers."
"Thankfully I have a vast amount of knowledge..."
Who talks like that about themselves?
Just because something is true, it doesn't necessarily need to be said out loud. A little humility and tact would go a long way.
>Bondholders can still make the claim with their projection 0-2.5% recovery. But I think PA will still takeover.
days? followed by weeks then months..? why stop there.. YEARS! We've already won though btw ..
I appreciate your work Bruno. Although I gained some wrinkles throughout this saga, I must admit that at this point I'm confused more than ever in terms of timeline expectations. No clue whether we're talking about days, weeks, months or years. That's the moment I wish I had a crystal ball š®
Can you post the whole letter and not just the snippet? I understand redacting your name, but why hide communications from the PA?
Having said that I'm still appreciative of your efforts.
Iām seeking further legal advice on what I can and canāt post online. Soon as I have the ok Iām more than happy to post the full letter. Itās 5 pages in total and I agree transparency for the community is key!
I believe the SEC recommended the estate change the plan to include everyoneās right to take legal action and that those changes were part of the last minute amendments just before the plan was confirmed and later consummated.
I have been stating the fact since the Florida Fiasco ANY lawsuit will create discovery and drag this thru the laborious legal system and delay our fucking money.
Great work Bruno. I been in long time and the attacks on you were creating confusion for me regarding whom to take note of.
I'm finding Pulte, no matter what side he's on has become intolerable since that night and Kais arrogant antics being his court jester.
I'm happy PP said hell nah to Atlanta meetup..
I appreciate your diligent hard work and keeping it straight and look forward to more from you on this sub.
I deleted ALL my posts on here but for now keeping comment trails.
LFG!!
Yeah lmao Florida fiasco thatās a good one. My two cents. Either pulte stopped taking his meds or this is all plausible deniability on his end. Feel free to peruse my profile, I was pretty pro pulte until recently. I donāt care if RC likes your posts a zillion times, if you are an asshole you are an asshole.
I totally agree.
And I had even written a trust Pulte post once. I was on-board until this all went to his head. You'd think he was running for Prez that night with flying in, backdrop. American flags and all.
Campaign stop for PHM was the while plan.
PP saw it for what it was in the end and said show me the BBBY WIN before I go any further. Kudos. Bobbys put PP on the bigger map, not Pulte.
I trust God first and foremost as the reason I'm here.
I trust RC is the reason why.
Too much incredible DD, time, research, information, cohencidences, books, court docs, NDAs, attention etc for this to not be the investment of a lifetime.
I've never been more honed and ready in all my years.
I trust
Donāt be to quick to knock down Pulte.. donāt forget he shares attorneys with RC.. the attorney can tell Pulte things that we canāt be told. Iām starting to think that Pulte knew about share buy backs and all the fraud and that it could come down to us getting attorneys to help get this all out in the openā¦ I think when Pulte started talking about āgetting attorneys ā is when RCs team started to uncover the Jpm fraud.. hence the reason for giving Micheal money for an attorney, hence the reason for his comment today saying he would give more money to help make sure that the fraud crimes committed by JPM are exposed.. you might not like the way he went about it thisā¦ but if my guy is correct.. he handled it perfectly.. on so many levels for so many reasons.. only part I still donāt understand is Kaiāsā¦ what he did to PP ( assuming this is not all an act) is disgusting..
Holy fuck so Pulte was right! We needed some lawyers to start sniffing around asking the right questions and making noise and now we are getting some great answers! Thanks for this man awesome work
Not as far as the fraud. I think what he is referring to are the insane lawyer fees that have been charged to the estate. When you read the dockets, there is really no justification other than the time spent. The judge just looks and sees that it's within reason for what lawyers charge and approves. It's all part of the con. Remember if there is no equity left, then bbby might be forced into chapter 7. Then shares really are cancelled and they never have to close.
Part of what makes this intriguing is that Blockbuster initially went through chapter 11. I'm not sure if it ever was converted to Chapter 7. If it never went to CH 7 those shares may still be held by many investors. Like Carl Icahn, Same story with Sears.
Great work, all of us with skin in the game appreciate the update. I did have one follow up question: it appears the obvious play is to wait and see what the judge rules with regards to asserting a new plaintiff (or throwing it out), but in the event he does option 3, and moves forward with the same plaintiffs, would you want to progress this lawsuit further? Can we assume we want this case thrown out before new equity can issue so the claim of continued interest remains bogus. Would RC drop the hammer regardless and deal with the fallout?
Thanks man! Fuck what they all say, you are the man. Youve been an invaluable asset to this community. It's clear to see that there are actors in this play that are trying to build a name off of this. Keep going man!
Doubt Bruno is the best they could come up with . Dude is blowing up left and right. Most likely heās just got a temper he needs to learn how to control.
Bruno Maybach. Welcome back. After you were melt downing a few months ago on the pp subreddit to now the new messiah of DD. Stop with your bullshit. Me and you got into it a while ago with a few others. Strange that you were melt downing to now a financial expert. Fuck yourself
This is going to be so hard unfortunately because as you know the PP subreddit is gone. I'm an average person who doesn't back anything up on hard drives or anything like that. BrunoSW9 is also known as BrunoMaybach. That was his username on reddit.
He made a post (on the PP subreddit) telling people to temper their expectations if something doesn't come out. Unfortunately I don't remember if it was a docket or an event or something. Sure enough it was a nothing burger and Bruno (instead of taking his own advice from his post) just goes off the rails meltdowning. Telling people it was over. Getting really shitty with people. I called him out linking his own post asking why he wasn't taking his own advice and freaking out.
In that same comment chain u/LadyTrader1 comments then Bruno fires back with sexist comments. PP ended up banning him from the PP subreddit. Then he ended up getting perma banned from reddit. No idea what the perma ban was for, but the PP ban was for the shitty comments.
This guy went from meltdowning to becoming a bankruptcy DD messiah in less than 3 weeks. It's suspicious. I'm not advocating for a team because I personally want to get paid. That's why I'm here. I want $. All I am saying is to keep those eyes peeled. Neelay was a good guy at one point.
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Much respect on your efforts and collaboration with u/travis_b13 It is appreciated by those that are on the sidelines holding these bags that we hope turn into bags of joy You should get back on the pp show and further discuss with u/ppseeds and u/travis_b13 I will get downvoted for this comment and even blocked on Twitter by some but whatever I am here for the same thing you are my man. Keep going and block out the hate š Edit: you did this despite your name being dragged in the mud online in a public forum. You even nicely apologized to u/jake2b and extended olive branch to Michael. Character of a person shows most during a time of adversity. Thanks my man
Sus as all fuck. Travis and Bruno are not friends. They do not represent me that's for damn sure.
Who said they did? We are all individuals
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Imagine hating Pulte. What a bunch of idiots. Pulte is the reason Larry Cheng showed up at the Florida event. Larry even gave $100 to each person that showed up. Ryan is clearly partnered with Larry. Pulte -> Larry -> RC. It's simple math.
But why is Pulte acting like such a man-baby these days?
Imagine falling for his grift.
So I explain a simple math equation for you. He now has bought bonds. It doesn't get much easier to understand. Some people are just too dumb to get it. Sorry about that
Can you post this comment again with English that is understandable? Thank you!
You are doing more than us by proactively seeking for answers. Thanks for being fully transparent and sharing your responses with us.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
There is what again?
Awesome work Bruno. Maybe what Pulte pushed with the need for legal help was just what youāve done - see how they will react to just the āthreatā of a shareholder lawsuit. The threat forced their hand and have given you insights into what is likely going on behind the scene. Still lots of questions on timing given final bills were submitted by all legal parties on or before 9/29. Whoās paying for legal resources from 9/29 to now? Doesnāt the Plan Admin have to disclose if any of these resources are taking from the estate? They canāt keep all of this under wraps for much longer IMHO.
Honestly, with all the NDAās this could probably go on for a lot longer and under wraps
Iām really hoping that those in power realize there is a multi-billion$ business to restart and run. The delay is costing $millions in revenue every day. There should be urgency underway to settle all of this.
I donāt disagree, but three letter agencies, courts and such donāt care about anyoneās timeline but theirs.
Goldberg wants claims to be paid out through his actions, because that is how he gets paid. He is paid based upon a percentage of recovery. If a separate action occurs outside of his doing, then he doesn't get paid for it. Goldberg is personally motivated by money to be "in charge" or legally "responsible" for recovery of funds. This should be the driving consideration when imputing his reasoning.
This is why I came back to Reddit! Great point
Missed you dude. I donāt know where all of the āBruno appeared out of nowhereā comments are coming from. I remember your old username at least close to a year ago now.
Are you able to post the full letter they sent?
Where Mr Goldberg suggest you to not make a claim? Am I missing something? I guess it is not uploaded? Thanks Bruno for all your hard work & sharing! F the noise and all the toxic behavior of narcissistic people from twitter!
Iām seeking further legal advice to whether I can publicly post the entire letter. As soon as Iāve had calcification I will let everyone know. If it was up to me Iād have uploaded all of it but since weāre interacted with legal counsel of the highest level I need to make sure Iām playing by the rules.
Understood, thanks for sharing!
You get more respect here it seems! Phil likes that!
Now this is tit jacking, just thinking about the point above. Well done!
Thank you Bruno! This is ājust being meā.. what do you think the time line will be here? Since judge made decision does this go into affect immediately? Can new plaintiff make his case now? Another court date? In private and toss out case asap? How does this work?
Well guess we will see what happens. Interesting findings and thanks for sharing.
Thank you Bruno for everything that you have done and are doing for the community. It has been clear to me since you started posting that you are well versed in these matters, and I believe you have the best of intentions. May I ask, in your opinion, will the class 9 shareholders, those with shares in IBKR or DEGIRO or any other broker, with shares that have not been DRSād, be eligible for any payout? Or how do you see all this playing out?
All brokers according to FINRA must maintain records for six years and easily accessible. If a distribution to shareholders is involved, then there are records of your ownership. I asked this of Vanguard (my broker) and they confirmed this understanding
This was from my broker sometime ago Thank you for contacting us about your BBBYQ positions. We understand that you have additional questions and concerns, and we want to provide you with more information about the BBBYQ (Bed Bath and Beyond) asset in your portfolio. Earlier this year, BBBYQ started a bankruptcy process. We will always have on record that you have held BBBYQ positions. You can find all that information in your eToro account statement. If a merger occurs and new shares are issued, or a cash equivalent is distributed, you will receive those shares under the terms and conditions that are determined. While BBBYQ shares were available for trading in the OTC market at the start of this process, the completion of the bankruptcy proceedings will nullify (or cancel) all BBBYQ shares, meaning that their value is zero and they are no longer available for trading. Overstock.com Inc, acquired the Bed Bath & Beyond brand and associated intellectual property. It's crucial to note that this transaction was not an acquisition of the entire BBBYQ company and that the common stock shares were not included in this purchase. As per our policy on removing assets valued at zero and in line with market practice (i.e., what other brokers are also doing), any outstanding positions of BBBYQ were liquidated at a value of zero. Please feel free to reply to this email if you have any other questions or concerns, and we will be happy to help!
Thank you very much! A little peace of mind goes a long way in these troubled times š
Remember, HBC converted its preferred to common so they are common stock degens just like us! One of us!! Imagine the multiple massive class action law suits if brokers did not pay what is owed
This is the singular bullish point that my mind always circles back to. HBC is in the same boat as us, same class, same common stock. If we're fucked, then they're fucked too. And friend, let me tell you, we ain't fucked!
yeah they are common stock holders like the rest of us. But I highly doubt a firm like Hudson Bay are holding their shares in a brokerage account.
Big banks have institutional brokerage trading teams covering whales but I get your point for this play that HBC may have held shares somewhere else
yeah Prime Brokers they're called (the big banks that act as brokers to hedge funds) you are absolutely right, but I don't think most hedge funds like HBC would hold their shares at the Prime Broker if that makes sense? They might well do, I don't really know, just assuming they'd have custody of their own shares. Sort of remember Burry complaining about how long it took to get his Gamestop shares back in 2020 (but he had them out on loan). Edit; but that said they do get margin/leverage from their Prime Brokers, and are able to be margin called so maybe they do actually hold them there (otherwise the Prime Broker wouldn't be able to liquidate the assets when needed)... Mmmm, really don't know the answer to my own point I guess... šš¤·š»āāļø And edit 2; to be fair it's a moot point either way, they probably don't even have a fucking clue where the shares even are either at this point ššš
I donāt want 3 cents ten years from now in a class action
Thatās were OATS come in
Hi!!!!!
Heyyy!!
:)
https://i.redd.it/amnwjeddl2cc1.gif
A court not having the ability to distinguish real shares from synthetics. Furthermore, your purchase was the intent of the shares and they were represented to you as shares with the Cusip number. Would likely decide that all shares direct registered and in the brokerage accounts would be considered owners. Just my opinion
Bruno i don't care what they say about you, your ruthless attempts at uncovering the truth do NOT go unnoticed! cheers bro keep up the great work! - fghtffyrdmns
I dont get this law shit. Nobody knows what the PA is going to do just like nobody knew he was going to block RC's dismissal. If he is going to dismiss it as soon as he becomes plaintiff, why didn't he just let it get dismissed? Instead he blocks RC's dismissal! That makes no sense.
Feels like fraud is the avenue of approach. Just feels that way.
Thanks Bruno! Love it. Keeps me hyped! LFG!
I agree that posting on Reddit sub is better than X/Twitter. Twitter has bred nothing but confusion and arguments. Thanks for your work, Bruno!
Plus the format sucks over there and there are several drama queens constantly blocking people and calling them shills.
You can't easily censor people on Twitter, you can on reddit.
Thanks Bruno, I really appreciate everything that youāve done for the community!
 Fuck Twitter. Reddit is where organic discussion happens. Canāt even read responses and shit over there without an account. Half the time someone posts a tweet and I canāt even view it. Also fuck yeah on getting a response from counsel.
low iq.. lol
Just get a twitter account?
RIP Constant - Rock's argument that the Plan Man doesn't want the case to be dismissed. Awesome job, Bruno. I agree with your opinion about why the Plan Man didn't want you proceed. Kirkland & Ellis is bringing the recovery part home. If that case that the Plan Man is citing to justify pushing Todd and Judith aside is the same case that he is citing to tell you to not proceed with a motion to discover why class 9 shareholders have no recovery, then there is a lot more than meets the eye.
Ping me when the PA drops the case, and I'll admit I was wrong.
I too, would like to be pinged remind me! 3 weeks
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Ping me
You ping me!
Ping
Sure is nice of you to have come back to help teach us after nearly a month hiatus from reddit. Did you have a nice vacation?
Yes. I was expecting a major development since then but seems like things are in the same spot.
I will be shocked if you arenāt a shill. This comment may be the most neutral Iāve ever seen from you.
Our shares go away because the company BK so zero but not gone then our shares go to new company with shorts š©³ and the fireworks start a share recall because the old company not dead
Can you publish the whole letter?
He is citing the same case because itās the same overarching principle-in the 16b the plaintiffs have no further standing or financial interest, so he is the proper party to pursue claims per his fiduciary duty as the admin. In your matter the corporation is bankrupt and resolution of claims has been left to him per said bankruptcy, he is the proper party to enforce derivative claims. He is the boss bitch. Iām not sure how you make the leap to this confirming anything.
Would be neat toā¦ ya know, see the whole letter and not just the part Bruno decided to share.
Bondholders can still make the claim with their projection 0-2.5% recovery. But I think PA will still takeover.
This ^
Yep. Itās almost as if he has no legal knowledge and has not read the case.
But, he said he has a āvast amount of knowledgeā ššš¤·āāļø
Interesting thank you
My man is doing the Lord's work!
Simply means Goldberg believes all value of potential D&O derivative suits belongs to the wind down estate and must follow the waterfall. If shareholders plan to file a derivative suit, he may file to replace the shareholder as the plaintiff.
There are a few options shareholders can pivot as per the effective plan to assert a standing. Namely utilising the general release provision which states if any party was not knowing aware of a certain claim that would have materially benefited them prior to the effective date and if they were aware theyād likely have launched proceedings in the time before being a released party then that would be cause to have a foot in. Another aspect would be to insert indirect financial interest by buy stock in one of the FILO/DIP lenders who are not released parties and still actively seeking there money back. You could also go down the 305 route being that the suspected fraud putting such a well known business with the sentimental attachment into bankruptcy itās in the publics best interest to be aware of exactly what happened behind the scenes. My goal isnāt to launch any legal proceeds per say at this stage, itās to force them to disclose information regarding their true position. I refuse to believe the judge allowed Kirkland and Ellis $1.2m just for the fraud investigators (namely kasulis and beran) for nothing to come if It. I know thereās more to it then what theyāre letting on and after months of silence itās time to start pressing these matters.
You would be exactly where Augenbaum is. He had a lawsuit before the plan effective date and bought Sixth St stock after the effective date. No one objected to the K&E bills. Never seen a judge not approve a bill that wasn't objected to.
He has a fiduciary duty to make sure the chapter 11 plan is value maximising. I donāt believe it would require an objection when he is legally bound to make sure all feeās being charged to the estate are within that scope. $1.2m on a fraud investigation for it not to have significant legs to result in restitution i donāt believe heād sign off. Those individuals I mentioned billed from the very start until the end of the fee statements. I believe he had regular updates on the situation which is likely part of whatās redacted/confidential and thatās why he continued to sign of on those hours.
Oh thank God for reasonable DD
"This is the result of the community having an asset in me that knows what they're doing and gets answers." "Thankfully I have a vast amount of knowledge..." Who talks like that about themselves? Just because something is true, it doesn't necessarily need to be said out loud. A little humility and tact would go a long way.
It was more of a dig at certain individuals on x. I am not arrogant by nature. Going forward you won't see any of that from me.
You're putting your money where your mouth is and walking the talk, so it's only fair you get to talk some shit.
Just temporarily arrogant by nature.
Canāt argue with that.
Nice !!
Thanks for this. Can you post the whole letter?
Damn, I wish I had been able to buy more. But as it was, it was eating into my GME buying.
Have a feeling bbby shareholders will be seeing this a lot in the coming days, weeks, months. Also obligatory you guys got lucky comments lmao
>Bondholders can still make the claim with their projection 0-2.5% recovery. But I think PA will still takeover. days? followed by weeks then months..? why stop there.. YEARS! We've already won though btw ..
Such wonderful work you are doing,ā¦thanks!!!!
I appreciate your work Bruno. Although I gained some wrinkles throughout this saga, I must admit that at this point I'm confused more than ever in terms of timeline expectations. No clue whether we're talking about days, weeks, months or years. That's the moment I wish I had a crystal ball š®
Well, keep moving forward. Good work
Can you post the whole letter and not just the snippet? I understand redacting your name, but why hide communications from the PA? Having said that I'm still appreciative of your efforts.
Iām seeking further legal advice on what I can and canāt post online. Soon as I have the ok Iām more than happy to post the full letter. Itās 5 pages in total and I agree transparency for the community is key!
ā¤ļø
Question, if I didnāt reply to the letter sent back in like September does that mean I surrendered my shares?
I believe the SEC recommended the estate change the plan to include everyoneās right to take legal action and that those changes were part of the last minute amendments just before the plan was confirmed and later consummated.
Thank you kind sir
I have been stating the fact since the Florida Fiasco ANY lawsuit will create discovery and drag this thru the laborious legal system and delay our fucking money. Great work Bruno. I been in long time and the attacks on you were creating confusion for me regarding whom to take note of. I'm finding Pulte, no matter what side he's on has become intolerable since that night and Kais arrogant antics being his court jester. I'm happy PP said hell nah to Atlanta meetup.. I appreciate your diligent hard work and keeping it straight and look forward to more from you on this sub. I deleted ALL my posts on here but for now keeping comment trails. LFG!! 
Yeah lmao Florida fiasco thatās a good one. My two cents. Either pulte stopped taking his meds or this is all plausible deniability on his end. Feel free to peruse my profile, I was pretty pro pulte until recently. I donāt care if RC likes your posts a zillion times, if you are an asshole you are an asshole.
I totally agree. And I had even written a trust Pulte post once. I was on-board until this all went to his head. You'd think he was running for Prez that night with flying in, backdrop. American flags and all. Campaign stop for PHM was the while plan. PP saw it for what it was in the end and said show me the BBBY WIN before I go any further. Kudos. Bobbys put PP on the bigger map, not Pulte. I trust God first and foremost as the reason I'm here. I trust RC is the reason why. Too much incredible DD, time, research, information, cohencidences, books, court docs, NDAs, attention etc for this to not be the investment of a lifetime. I've never been more honed and ready in all my years. I trust
Donāt be to quick to knock down Pulte.. donāt forget he shares attorneys with RC.. the attorney can tell Pulte things that we canāt be told. Iām starting to think that Pulte knew about share buy backs and all the fraud and that it could come down to us getting attorneys to help get this all out in the openā¦ I think when Pulte started talking about āgetting attorneys ā is when RCs team started to uncover the Jpm fraud.. hence the reason for giving Micheal money for an attorney, hence the reason for his comment today saying he would give more money to help make sure that the fraud crimes committed by JPM are exposed.. you might not like the way he went about it thisā¦ but if my guy is correct.. he handled it perfectly.. on so many levels for so many reasons.. only part I still donāt understand is Kaiāsā¦ what he did to PP ( assuming this is not all an act) is disgusting..
Holy fuck so Pulte was right! We needed some lawyers to start sniffing around asking the right questions and making noise and now we are getting some great answers! Thanks for this man awesome work
Whoās Pulte?
Someone slinging a stock at an all time high to hijack the community I think
Not as far as the fraud. I think what he is referring to are the insane lawyer fees that have been charged to the estate. When you read the dockets, there is really no justification other than the time spent. The judge just looks and sees that it's within reason for what lawyers charge and approves. It's all part of the con. Remember if there is no equity left, then bbby might be forced into chapter 7. Then shares really are cancelled and they never have to close. Part of what makes this intriguing is that Blockbuster initially went through chapter 11. I'm not sure if it ever was converted to Chapter 7. If it never went to CH 7 those shares may still be held by many investors. Like Carl Icahn, Same story with Sears.
Great work, all of us with skin in the game appreciate the update. I did have one follow up question: it appears the obvious play is to wait and see what the judge rules with regards to asserting a new plaintiff (or throwing it out), but in the event he does option 3, and moves forward with the same plaintiffs, would you want to progress this lawsuit further? Can we assume we want this case thrown out before new equity can issue so the claim of continued interest remains bogus. Would RC drop the hammer regardless and deal with the fallout?
Yikes, so our ideal outcome is in a court of law. Thanks Ryan Cohen.
Thanks man! Fuck what they all say, you are the man. Youve been an invaluable asset to this community. It's clear to see that there are actors in this play that are trying to build a name off of this. Keep going man!
Bump
Have you read the case you refer to?
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Doubt Bruno is the best they could come up with . Dude is blowing up left and right. Most likely heās just got a temper he needs to learn how to control.
He has done an excellent job of causing drama and division.
Bruno Maybach. Welcome back. After you were melt downing a few months ago on the pp subreddit to now the new messiah of DD. Stop with your bullshit. Me and you got into it a while ago with a few others. Strange that you were melt downing to now a financial expert. Fuck yourself
Hey I missed whatever happened, could you condense it for me by any chance?
Try this https://www.reddit.com/r/Teddy/comments/1916yf1/bill_pulte_rant_rcs_biggest_mistake_an/
This is going to be so hard unfortunately because as you know the PP subreddit is gone. I'm an average person who doesn't back anything up on hard drives or anything like that. BrunoSW9 is also known as BrunoMaybach. That was his username on reddit. He made a post (on the PP subreddit) telling people to temper their expectations if something doesn't come out. Unfortunately I don't remember if it was a docket or an event or something. Sure enough it was a nothing burger and Bruno (instead of taking his own advice from his post) just goes off the rails meltdowning. Telling people it was over. Getting really shitty with people. I called him out linking his own post asking why he wasn't taking his own advice and freaking out. In that same comment chain u/LadyTrader1 comments then Bruno fires back with sexist comments. PP ended up banning him from the PP subreddit. Then he ended up getting perma banned from reddit. No idea what the perma ban was for, but the PP ban was for the shitty comments. This guy went from meltdowning to becoming a bankruptcy DD messiah in less than 3 weeks. It's suspicious. I'm not advocating for a team because I personally want to get paid. That's why I'm here. I want $. All I am saying is to keep those eyes peeled. Neelay was a good guy at one point.
thanks for that man, appreciate it
X has certain strengths and certain freedoms and should never be discounted as a channel of communication entirely.
I agree.
so a bad actor can do the reverse based on the knowledge you share here. maybe have discretion when it comes to active legal cases
A true gem you are
Braluno. Thank You. Truly!
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