The only thing I came out of it with is we need to organize tomorrow and try and get the waterfall status from the plan administrator.

If you search for waterfall and bankruptcy some case precedent does come up. Check out this one, where the plan administrator openly has some conflicts of interest as a common shareholder and even brings a suit against preferred shareholders:

https://www.pbwt.com/bankruptcy-update-blog/court-holds-plan-administrator-didnt-have-a-conflict-in-bringing-a-lawsuit-against-preferred-shareholders

"… the Plan Administrator argued that he was protected by an exculpation clause in the debtor’s plan of reorganization. "

^ So maybe we should dig for Plan Administrator clauses in the plan of reorganization?

Totally agree that the helicopter was a clue. Maybe in the serial number (2043)? Ownership history? Where it’s been flown? N212SP It seems to stick in the FL area and not go anywhere fancy.

https://globe.adsbexchange.com/?icao=a1c28e&lat=27.309&lon=-80.331&zoom=11.2&showTrace=2023-10-23×tamp=1698082260

My reading of this is an attorney was added so they have to notify every entity involved.

It’s kinda nice to have a reference of all the creditors in one spot though.

I have three possible MOASS scenarios in mind:

1 “Nice Gain”: Short interest is as the “experts” and “authorities” report, say 20%. In this scenario, the short bet is simply driven out as GME profitability manifests and 20% of GME holders are able to cash out a nice profit on the squeeze if they want, or just hold onto a good stock for the long term. This wouldn’t really be a MOASS scenario but it’s important to have it as a possible baseline.

2 “Baby MOASS”: Short interest is greater than “experts” and “authorities” report–say closer to 100%. Shareholders are able to sell their shares at pretty ridiculous valuations seen in say, the VW squeeze. Ultimately everything is resolved and many apes make life-changing money.

3 “Global Financial Collapse MOASS”: Through regulatory circumvention and good old fashioned fraud, short interest is several fold the float. Anything above 200% pretty much. In this scenario, most apes feel comfortable selling some shares at life-changing prices, and keeping the rest to see how it goes. In this scenario, the entirety of Western market mechanics are revealed to be fraudulent and every derivative begins to unwind. Fortunes are made and lost in minutes.

Scenario three is exciting but also scary because it’s the all-bets-are-off scenario, where exchanges and other financial entities may be taken over by the government as a matter of national security. Don’t be surprised if courts/politicians/military get involved in very nasty ways to protect the current order of things. They’re not going to let the market sort it out if it becomes a matter of self preservation.

In scenario 3 we may see shares forcefully disgorged at a decreed payout rate because mathematically there is no other way to resolve it other than pleading with the apes to be gracious and sell, but the cabal doesn’t operate that way.

So glad to be out of Reddit. It always bothered me that one of the most clued-in communities still had not moved on from it but Reddit forced the change just like they did with Q and thedonald and now we’re in, I presume, a better spot.

It’s faster for sure.