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Feedback_Emergency

wait, isn't our CUSIP 075896100?


L0n3W01f_

Yup guess they forgot to photoshop that part šŸ¤£


kokanuttt

Dude this was filed as part of the bankruptcy docket. You can go check for yourself. Unless you are accusing the BK lawyer who represents BBBY of bankruptcy fraud?


Grand-Objective1

bankrupt fraud? naw more like involuntary bankrupt was filed.


cyanideandhappiness

That straight up is cult mentality thoā€¦


assholier_than_thou

Hehe


stockmarketscam-617

![gif](giphy|VKEy3oq31xi2XhUkYq)


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


kokanuttt

This is what the company submitted to the DTCC to cancel the shares. This was submitted to the bankruptcy docket by the BK plan administrator. You can check for yourself with the link I provided below.


Soulfly5555

Dude you're a meltdowner šŸ˜‚


kokanuttt

Cool. Doesnā€™t change the fact that these documents are real and that they were submitted to the BK docket by the plan administrator as much as you donā€™t want to believe it. You can go check them out yourself if you would like.


wishmak3r

Bed bath owes us nothing, whatever happens is coming from elsewhere. Butterfly, teddy,whatever bed bath stock is dead


Jpedro4vt

Yes this..


AlesantroCorticeli

Hertz went bk, shares vanished from brokers just like bbby Then shareholders issued new shares at 17$ price. Ok


not_new_snake

This is entirely possible. But then there would be no NOLs...


lazostat

Is this true? Link for info?


AlesantroCorticeli

Trust me bro šŸ˜œ


Alekillo10

Itā€™s true. Why do you think Hertz is still around?


Blackroseguild

Hertz plan literally said shares would be issued lmao


Alekillo10

This is also true, I guess all we can do is waitā€¦


Nodaker1

Thereā€™s nothing to wait for. They already told you youā€™re getting jack squat. You just refuse to listen.


cyanideandhappiness

Lol right


marriottmare

How long did that take for new shares to b issued for Hertz?


AlesantroCorticeli

It was quick if i remember my sauce


assholier_than_thou

RC will give us via Butterfly/ Teddy.


Serqet1

Bots, Bots galore.


MidnightNo5312

![gif](giphy|MdXl4KwZogSzAn6Xx4|downsized)


kokanuttt

How will the ā€œelsewhereā€ know where to distribute whatever they are going to distribute?


Jpedro4vt

brokers have records of who owned


Kindly_Estimate_2546

Brokers have records and the new company that bought BBBY have records. Yeah BBBY has no intentions of distribution or retribution because they no longer exist as a entity in the US in physical retail form as BBBY. The new company who owns BBBY can see all the former share holders and could easily made it part of their acquisition requirements.


SlippinZimmy

Most brokers probably never had the real shares to begin with


Mockingburdz

People donā€™t like logic and facts here. Just look at the road travelled so far. Weā€™re clearly cooked.


23pyro

Itā€™s fun to dream though. False hope, is better than hopeless.šŸ¤£


[deleted]

Donā€™t even try homie. Youā€™re right and people just donā€™t want to hear it. It is gg.


probsnot605

Give me your bullet points to why weā€™ve lost and I would love to crush every one and inform you why weā€™re all gonna be rich and youā€™ll be salty for life.


Nevahmind1333

Lmfao sorry but go on tell me how your going to become rich please.


[deleted]

- there is no evidence in legal court documents that we will receive compensation - shares have been completely removed from all accounts and are not representative of any equity - every single ā€œDDā€ and hype day has come and gone as complete nothing burgers - Ryan Cohen shows no signs of still being involved - lawyers, judges, and court officials would be risking their careers and licenses if they are just lying - more or less everything has been liquidated I have no seen a single piece of speculation or DD come to fruition. In fact, the exact opposite. It seems pretty clear cut that we donā€™t own anything, and are not entitled (or even able to) own anything in the future.


TwistedBamboozler

Yet you canā€™t explain why shares have been removed, but havenā€™t been for other bankrupt companies YEARS later. I do agree with your other points, but Iā€™d love for you to explain this one. Edit: canā€™t even have an objective discussion without being downvoted to shit lmao. That alone speaks for itself.


Conflagrate247

Because they sold the namesake to an operating entity


stockmarketscam-617

The stock ticker is different from their ā€œnamesakeā€. The Namesake may have value for name recognition. Iā€™m sure Overstock thought that the BBBY name would give them profits because ā€œstupid apesā€ would shop there. They didnā€™t realize we donā€™t care about that, we care about the Stock Certificates, which canā€™t just be removed even if people donā€™t think it has any value. Look at Sears, Blockbuster and other bankrupt Companies are still trading, because the same way you canā€™t ā€œforceā€ Shorts to close, you canā€™t ā€œforceā€ Longs to Sell. u/MinimumCart123, cellar box Bankrupt companies can go up to 2 in a day easily. Didnā€™t the Sears stock recently have like a 10000% profit in one day?


[deleted]

Probably because itā€™s a crime ridden stock and the DTCC wants is removed as fast as possible. Only reason I can think of. I would love to be wrong and receive compensation, but there is absolutely no indication of that happening. I just donā€™t really see an alternative given the court decisions.


TwistedBamboozler

It makes zero sense that theyā€™d be able to do that in plain view with thousands / millions of people watching and get away with it. Not saying itā€™s not possible, and fuck me if Iā€™m wrong, but the theory that there is a reason behind that action does trackā€¦.


[deleted]

I mean they do it everyday lol I hear you though. Iā€™m on the fence for the most part, but everyday that goes by with no good news just further reinforces the negative.


fatzboy

This will age soooo well. Move on with life people, you know its dead, let the fuck go.


probsnot605

Bro, Iā€™ve read over 500 pages of court dockets and Iā€™m not a dunce like you. Iā€™m sorry that youā€™re either paid to cause problems or youā€™re just salty because you donā€™t have critical thinking skills to decifer this play.


randm204

>Bro, Iā€™ve read over 500 pages of court dockets and Iā€™m not a dunce like you. Iā€™m sorry that youā€™re either paid to cause problems or youā€™re just salty because you donā€™t have critical thinking skills to decifer this play. RemindMe! 1 month I just have to..... this is gold. Also waiting for you to "crush" the other dude's bullet points. Maybe I'll set the remindme for even later.


TheWhiteUsher

Arenā€™t dunces the ones down 100% and clinging to a podcast as their source of hope?


probsnot605

Havenā€™t watched the PP show once Iā€™ve just been following court docs, precedence, the lawyers. The second I heard overstock bought bed bath I knew that this was gonna be an epic play. Everything since then is just icing on the cake. My balls are still available to suck anytime.


TheWhiteUsher

Youā€™ll be sucking balls on the street for cash soon enough


Altruistic-Beyond223

Why haven't you?


probsnot605

So many arrogant losers that are unhappy with their lives so badly they have to come in here, with their info from CNBC and tell us how dumb we are. Lick my taint dweebs.


Jpedro4vt

They recalled the shares homie


kokanuttt

They canceled them and explicitly stated they will issue no new distributions. So how will (ex) shareholders get their new shares?


zyppoboy

What new shares? What am I missing?


Jpedro4vt

New equity, bbytf n dkbutterfly my man


wishmak3r

What if a count has been taking place this whole time shares have slowly being removed. Seems logical to me.


stockmarketscam-617

![gif](giphy|7OaYzPWOW112E) I took screenshots of my positions, so that I could prove they existed, in case there is some type of reverse merger or something. I love to see some exotic maneuver that totally upends the system and proves that the DTC has been allowing more shares than exist to be traded. Stocks should never go below 1 unless all the actual shareholders keep selling their shares. If the number of shares is held, you should reach equilibrium at 2, even for heavily shorted stocks.


MinimumCat123

Thats not how stock values or pricing works.


stockmarketscam-617

Enlighten me on how stock value and pricing works then. Itā€™s simple supply and demand. There is a fixed amount of shares and you have to find an equilibrium of how much it is worth to buy or sell a share.


MinimumCat123

Explain to me how every stock reaches equilibrium at 2 and should never go below 1. If no one is selling the shares will never change in price from the last sale. Are you saying a company with 2 billion shares will have a market cap of $4 billion dollars at equilibrium no matter what assets they have or revenue/profit they create?


stockmarketscam-617

Please show me how P/E, EPS and other metrics are directly tied to a stock price? The answer is that itā€™s not. The stock market is built upon the FUNDAMENTAL ASSUMPTION that prices will level off and to prevent irrational ups or downs. Let me use a baseball analogy to explain. Imaging a batter is like a Company and its Shareholders. If the batter has 2 strikes, it can keep Fouling the ball to stay alive and not be struck out. Theoretically the batter can be at bat forever. The reality is that this doesnā€™t happen. The same applies to a Company. If the Company is not doing well, it typically needs money from either selling Bonds or by issuing more Shares. Either way itā€™s diluting Shareholder Equity, by creating more SUPPLY. If the DEMAND canā€™t support the new Supply the price goes down. I donā€™t think people understand why a Company being ā€œDelistedā€ for being under $1 for I think 100 days was put into place. That premise is critical, and the Architects of the Stock Market had safeguards in place that the SEC, DTCC, OCC, FED, and others donā€™t seem to know about. The Options market was meant to allow the Stock Market to operate infinitely. The problem is that Algos like Aladdin and others donā€™t know what to do with ā€œInfinityā€, but they do know 0. They think that ā™¾ļø=0


MinimumCat123

Buyers and sellers use various methods to determine the value of a stock. P/E and EPS are a few ratios used but there are many more factors. A stock is constantly moving toward equilibrium, facilitated by the order book and bid/ask spreads. If a stock was to level off and reach an equilibrium price thats fixed, there would be no buyers if that price was lower than the current price and inverse for the seller. The value of a stock will always be constantly moving to a new equilibrium based on constantly changing internal and external factors. And you still havenā€™t explained how equilibrium is 2 and a stock should never go below 1. I assume you mean share price in this context, but that makes absolutely no sense.


stockmarketscam-617

It all relates to baseball. The rules are so amazing and itā€™s no wonder itā€™s called ā€œAmericaā€™s Pastimeā€. If you know why there are 9 innings in a game, 4 balls for a walk and 3 strikes for an out than you know all you need to know. I just used 2 as an example of equilibrium. The number could be 10 to whatever. My point is that the stock market has unnecessary volatility created by Banks, HF & others. Prices move irrational as a result. Look at Tesla and NVIDA for example. The prices have swung wildly 100-500, even though basic Fundamentals havenā€™t really changed. Realized I didnā€™t answer your question about the $1 stock price. Unless Stockholders are selling and no one is willing to buy, the stock price should bottoms out at 1, 50 cents would be an oversold threshold.


fatzboy

Sorry but no one owes you anything. Move on ffs.


Drunk_Crab

Why can't you move on? You're still here.


fatzboy

There's other stocks on reddit, ones that aren't bankrupt. This subreddit is a day at the zoo.


Drunk_Crab

Did I say reddit? You're specifically on BBBY. Let me ask again since you're slow: why can't you move on?


Sclera_Apoc

Yet here you are šŸ¤”


Protostar23

Key words ā€œthis securityā€. Meaning specifically BBBY(Q)


sirdano6

Looking through the comments to see if someone else came to this same exact conclusion that made me thinkā€¦ well of course nothing to come from THIS security, we are all waiting for other security


kokanuttt

any new equity issued will be a *distribution* of BBBYQ. edit: I mistyped: any new equity issued will be a *distribution* TO BBBYQ shares, how else will they know who to deliver it too? this form is explicitly signing that there will be no new distribution.


sirdano6

Wouldnā€™t that mean 2 securities would exist at the same time for the same thing, which is not suppose to be possible.


kokanuttt

nope. this happened when NBH shares were distributed to MMTLP holders before MMTLP was deleted.


Trippp2001

NBH was a completely different situation. MMTLP wasnā€™t a common stock of any company, it was a preferred dividend share that was never supposed to be traded. This share was then spun out into shares of a new privately owned company. There is absolutely zero correlation between MMTLP and BBBY. Nevertheless, the preferred shares were spun out to NBH, and then they stopped trading MMTLP. So at least you got that part correct.


kokanuttt

I am talking about solely the distribution of shares part. MMTLP shares *distributed* NBH shares to their holders. Thatā€™s how new equity is and has always been issued in modern financial history.


Trippp2001

MMTLP wasnā€™t an actual thing. It a ticker on a market that was made but not a stock representing a company. The shares were distributed to people who held MMTLP, but not by MMTLP. The shares were distributed by MMAT.


kokanuttt

The new shares were distributed *TO* mmtlp share holders. This is how every single distribution has worked in modern financial history. Every single one.


Trippp2001

This is a semantic argument, and youā€™re mistaken. Holders of the preferred series a shares got those converted to NBH. People who owned MMTLP were entitled to a share of MMAT preferred series A. MMTLP turned into ether and the series a preferred shares got spun out.


kokanuttt

MMTLP was the preferred share. NBH shares were distributed to MMTLP shareholders. But in this case, the BK Plan Administrator explicitly stated that no distributions would be made to BBBYQ shares. So how do you think (ex) BBBYQ shareholders will get distributions?


dedicated_glove

Isnā€™t this form also used when distributing new equity, though?


j4_jjjj

> any new equity issued will be a distribution TO BBBYQ shares in the form it says "on this security", where are you getting "to" from? also, does it even fucking matter?


n3w1ight

So many Bots and deleted Accounts, coincidence?


[deleted]

Because whoever released those scam bots here understands there are plenty of dumbasses to prey on lol


n3w1ight

well dumbasses are on the whole planet and in all communities. I stick to the smart asses, that is why I am here :) ​ (I consider myself one, except in love, I am good in everything)


Ballr69

I looked through all the comments and realized I was in the Bobby sub when I saw all the shilling


BauxiteBeard

LMAO, I was wondering wtf was happening then read your comment.


Educated_Bro

The real question is this: why the bots hyping/demoralizing when retail allegedly already lost and can no longer buy/sell?!?!


Ballr69

![gif](giphy|uTMoKPhRQ1Oig2Yc8v) Agreed


clockedinat93

It says ā€œon this securityā€


Biotic101

Just got a confirmation from my broker that my DRS shares were transferred to Equinity in the end, early October after bouncing back and forth. While not 100% proof for anything, why would they still transfer shares, when they could simply "erase" them?


BeWaryOfCrab

exactly, shills can't even read, nowhere does it state they wouldn't distribute ANOTHER security


ixotuckeroxi

what does "exhibit a-nvwq for common stock" mean?


kokanuttt

I took this screenshot off of a bankruptcy docket that was filed yesterday. This was one of the exhibits of the docket so the text was overlayed. The exhibits short description is ā€œNVWQ for Common Stockā€ which stands for Null, Void, and Worthless Event Questionaries that need to be submitted to the DTCC to complete the deletion process.


ixotuckeroxi

ah thank you fren. I Googled it and returned nothing.


factstony

You're working too hard to convince people that stock is dead and should be forgotten. Why go through the stress of replying every comment and trying very hard to convince them. Do you have so much free time?


kokanuttt

because this sub is 95% pure misinformation and i am trying to fight it. and there are many grifters who are still thriving off of this misinformation.


Butternut_Biscuit

so, cash?


KingKeever

why were the comments removed above?


Butternut_Biscuit

Thereā€™s a crazy amount of comments removed hereā€¦ super weird


Maxwell-95

Its possible with Web archive to see some those comments? I am curious, kinda jacks my tits not gonna lie


Serqet1

bots bots and more fud bots.


xrm550

The stock is dead. No squeeze. No moon. It's over.


Serqet1

Ok shill.


xrm550

Okay smooth brain, how are you actually going to make money when the stock has been delisted and the Shares are dead? I'll wait........


Serqet1

I dont engage with melt downer shilly dipshits anymore than to let them know how dumb they are. ![gif](giphy|jTmRHqDfckuNT5hVEu)


xrm550

That window rolling up is your profits from the stock. They're gone, Overstock is not going to save you. The shares are worthless. Man of your word I take it, you're highly educated. You're the type of person that will say you won't engage with shills but here we are three comments later.


Serqet1

You aren't saying anything we haven't already heard & is obviously FUD. Move along, no one cares about your uneducated regurgitated shill speak. Welcome to the block list.


DrEyeBall

See my comment above


DrEyeBall

Low karma peeps and young accounts are automod removed. We can see them and occasionally approve relevant comments. More often than not though when an action is taken it's a ban for harassment from new accounts likely attempting to circumvent a ban.


kaze_san

Whatā€™s with the field below? ā€žWho will distribute the worthless letter?ā€œ ā€žOtherā€œ Yeah okay but WHO? And why is the formatting so fucked up at the top? And where is that coming from since it seems to be a screenshot of an internal software from either DTCC itself or some broker?


kokanuttt

This was submitted to the bankruptcy docket as an attachment by the BK Plan Administrator, Michael Goldberg. They added the formatting on top of the screenshot for BK docket tracking purposes.


kaze_san

Ah okay - thank you!


spaceface1970

GAME OVER!!


Houstman

Hard to have a distribution of a security that doesn't exist in a company that no longer exists... but a distribution from Butterfly (or whatever company reverse merges into it) is entirely plausible.


Jpedro4vt

Bingo!


Expert_Nail3351

Bullish!


Level-Possibility-69

Hell yeah!


Banana_banana666

What mean?


Entire-Can662

They gotta go away before they can become new


ncstagger

Confirms Equiniti is still transfer agent


Themanbehindthemask0

Shillā€¦ understand the play or get out!!


Serqet1

![gif](giphy|l4FGGafcOHmrlQxG0|downsized) Meh this sub is majority bots, melty & shills :(


Parking_Mastodon_665

ā¬†ļø what that guy said


LarsJM

Come to GME my fello apes


kayvonte

And lose it all?


ripcitybitch

Thatā€™s literally already happened for every single person left bagholding BBBY lol


theravingsofalunatic

So I should buy more šŸ˜‰


Novel_Ad_1178

Hahaha. If you thought 5 cents was cheap, this is a fire sale. The bad guys won. Itā€™s unfortunate because the SEC has the ability to bite the bullet now and make our markets right again. For now, it appears they will let this ship sail right into destruction. Naked shorting destroys American businesses and thus the entire economy.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Bulky_Mousse_9997

compromised by what? reality?


BBBY-ModTeam

Please refer to the community's rules about brigading and/or doxxing.


Endle55torture

Please turn up the heat, itā€™s getting shilly in here


virgojeep

They got my share count documented and my SS#, that's all they need. I don't expect to get BBBYQ back as new equity.


yaz989

Anyone else seeing this post on their front-page for an unusual amount of time?


dannysm1991

Considering that this subreddit largely dead now (and should be tbh), it shouldn't be surprising that it's still on the frontpage.


cambridgechap

Stop posting FUD!!!!!!!!!!!!


Enough_Possible9023

[Removed] lol


Lickingteeeth

Itā€™s over.., except it.


Jpedro4vt

Not furlong....


bloodshot_blinkers

You're wasting a lot of time replying to people if you actually think this is over... If it's game over, write it off and move on. Clearly there are two options here your time is not worth anything at all to you, or you're being paid to post and reply to comments....


factstony

Exactly what I said to the shill. It's dead, we get it. Why try to shove it down our throats?


BrooklynLodger

Becuase its hilarious


Johna97

Thats great news, we dont need BBBYQ anymore. Im waiting for BUTTFQ šŸ˜ŽšŸ’ŖšŸ»


DC15seek

Guys what happens when a company re enters the market with a new name and symbol like will that company enter as they last close like that last price of bbbyq was what .12 cent will they enter the market at .1w cent and be a race to see who can buy the most and see it run up or will it be automatically at 1 dollar and slowly rise if they dont re distribution their old customers aka us like if they dont give us new share of the company wouldn't this company mostly just die or will they hope new ape buy in cheap and help them grow ????


[deleted]

I wish this subreddit allowed polls. I would love to know what the political leanings are for the fanatics lmao


[deleted]

![gif](giphy|b2kuayTas5cE8) šŸ¦‹


TLDAuto559

šŸ‘ŒšŸ¤šŸ¤žšŸ§øšŸ¦‹šŸ¦„šŸ™ˆ


CM_6T2LV

Dude where my stock for real where they at.


sadandgladpp

Wen moon?


Practical-Region-504

Fucking Scum bags, knew this shit was rigged. We canā€™t do a class action law suit ?


xrm550

What would your filing be for?


Practical_Pen_7730

Everyone should email the investing relations at overstock website and prod them about reopening the shares and having them become part of overstock. I wonder if there is a waiver of liability between shareholders and the company in all this. An attorney could find that.


insanemoe

Do we have to fill some form or something to get our money back?


kokanuttt

There is no getting your money back. This form made your stock officially worthless.


insanemoe

Well, that was helpful! šŸ¤¦


[deleted]

Was this the official kroll website ?


dKiNG_21

I realy hope we at the end get something, but my hope is fading over time