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@owlofthematrix
"More infomore dots to add. This image shows a Prospectus Supplement dated July X 2014 for Bed Bath & Beyond Inc. detailing offerings of: $300M of XXXXX% Senior Notes due 2024 $300M of XXXXX% Senior Notes due 2034 $900M of XXXXX% Senior Notes due 2044 Key Takeaway Highlighted: If a change of control triggering event occurs we may be required to offer to purchase the notes from the holders. Why This Matters: This clausecalled a Change of Control Put Optionis important because it legally obligates Bed Bath & Beyond (or the successor entity like DK-Butterfly-1 Inc. or a buyer) to offer to" @owlofthematrix on X 2025-07-26 04:33:17 UTC XXX followers, XXX engagements
"๐ง The 2-year NOL lockout doesnt prevent payout to us its about how the debtor entity (BBBY wind-down) uses Net Operating Losses for tax purposes. ๐น Its not a blocker for us as potential beneficiaries of a trust synthetic unwind or derivative settlement. ๐น The lockout restricts them from using NOLs to offset income until that period ends not from settling liabilities. So no we dont need to wait until September XX 2025 to be paid" @owlofthematrix on X 2025-07-26 04:04:46 UTC XXX followers, XXX engagements
"@IRHOTSHOT Derivative expires worthless. They kick the can of synthetics down the road further and we get paid out in clawbacks fraud settlement.etc. They set this up againand we get paid 1:1 GME and again they use this derivative to avoid MOASS. It could.thats a big drop" @owlofthematrix on X 2025-07-26 06:04:07 UTC XXX followers, XXX engagements
"Okie dokie ๐ were getting close. Thanks for the Spaces for me to drop some info on the comments. All DD was collected from others with a mix of my own. The most important pieces were from @nobles305 Thanks @byebyeshorters for data too. ๐ง Step-by-Step: Amazon XXX Flex = BBBY GME Synthetic Payout Step 1: Locate the Derivative ๐ Go to ๐ Search this FIGI code: BBG01VRT7KJ5 ๐ Expiry: August X 2025 ๐ฏ Underlying: Amazon (AMZN) ๐ Strike: $XXX ๐ Instrument Type: FLEX Option (customized derivative contract) Step 2: Verify Its Performance-Based ๐งพ Metadata confirms: Unit Multiplier = 1.0" @owlofthematrix on X 2025-07-26 03:02:38 UTC XXX followers, 12.1K engagements
"@byebyeshorters ๐ฅ How do we know its a performance-based derivative tied to $BBBY $GME & Amazon โ
X. OpenFIGI Metadata Confirms It The Amazon $XXX FLEX option expiring Aug X 2025 shows a unit multiplier of XXX (1:1 payout logic) JESXSC metadata links to structured instruments connected to GME & BBBY ISINs This is not a guess its embedded in the official metadata โ
X. SEC Comment Letter #20109891 Filed on under rule S7-32-10 Describes how synthetic short exposure was shifted through FLEX-style derivatives Cites BBBY GME linkage using structured synthetic contracts and potential trust" @owlofthematrix on X 2025-07-26 02:33:04 UTC XXX followers, XXX engagements
"#gme #BBBYQ #bbby #Amazon ๐ IF Amazon Closes Below $XXX on Aug X 2025 What Happens to the Derivative ๐ฅ The fuse is still lit. This was not set up by accident. Someone is getting paid out in this bankruptcy. If the $AMZN XXX FLEX is a performance-based derivative then: ๐ป Amazon under $XXX = No trigger = No payout โ No 1:1 GME share distribution โ No cash settlement โ Derivative expires worthless โ
This was conditional not automatic ๐ฅ BUT WHAT IF IT DOES CLOSE OVER $XXX Thats the fuse hitting the powder. ๐ Above $XXX unlocks the mechanism: โ
1-for-1 GME share structure (metadata shows Unit" @owlofthematrix on X 2025-07-22 16:55:52 UTC XXX followers, 2763 engagements
"@Bendymonkey @ftwbiz Interesting ๐ Clearly the SEC comment letters court-confirmed trust matching dilution math OpenFIGI metadata and structured 1:1 payout logic were all secretly created just to pump an obscure Amazon FLEX contract no ones even trading. More" @owlofthematrix on X 2025-07-26 03:20:03 UTC XXX followers, XXX engagements
"๐ง Not a silly question at all. In fact it cuts to the heart of whats happening. But heres what we know: ๐ซ Amazon didnt buy the estate outright. If they did wed have seen: A XXX sale directly naming Amazon. Public court records of asset transfer. A direct assumption of liabilities. That didnt happen. Instead ๐ฅ Its set up as a performance-based derivative not a straight buyout. That means a payout is triggered based on the performance of an asset (Amazon stock) rather than a direct cash injection from Amazon into the estate. ๐ The metadata from FIGI and instrument documentation shows: 1:1" @owlofthematrix on X 2025-07-23 16:13:56 UTC XXX followers, XX engagements
"The restran out of room ๐ ๐งท WHERE TO VERIFY IT YOURSELF ๐ OpenFIGI: Search: Amazon XXX FLEX with Expiry 08/01/2025 Confirm: Unit Multiplier = XXX Share Class FIGI Composite FIGI Reference tags like JESXSC ๐ SEC Filings & Court Docs: GME X% Convertible Note prospectus BBBY Plan Supplement & Redacted Notes Confirmation hearing transcript (April XX 2024): Judge Papalia & Colin Robinson confirm: Trust exists Class X & X claimants Waterfall payout mechanism โ Maritime Clawback Case Docketed in bankruptcy adversary proceedings First of many attempts to fund the Trust ๐ง TL;DR This Was" @owlofthematrix on X 2025-07-22 16:23:59 UTC XXX followers, 1026 engagements
"Im at work. I got some things to discuss. Would love to talk about this stuff sometime. @nobles305 and the FIGI data tied it together ๐ BBBY-GME Synthetic Unwind Just the Facts X. Trust Confirmed on Court Record โ
On April XX 2024 during a hearing in the U.S. Bankruptcy Court (District of New Jersey Case 23-13359) Judge Vincent Papalia confirmed that a Trust exists tied to the Bed Bath & Beyond estate. This is on the court transcript and the Trust is expected to handle future distributions. X. SEC Comment Letter Confirms Synthetic Link Between BBBY & GME โ
Filed under SEC Rulemaking S7-32-10" @owlofthematrix on X 2025-07-24 18:15:39 UTC XXX followers, 1576 engagements
"@nobles305 @FHFA @pulte Without the meta data @nobles305 we would still have hopium. This cracked it. Youre the man" @owlofthematrix on X 2025-07-23 12:46:13 UTC XXX followers, 1026 engagements
"Here ya go :)) we want Amazon to go boom boom. ๐ฅ fuse is lit July 1st Aug 1st is the ๐ฅ Want to figure out the potential payout 1.๐งฌ Start with the Amazon $XXX FLEX metadata it shows a 1:1 structure tied to $GME and BBBY Class 6/9 claims. 2.๐ Use EDGAR to read SEC Comment Letter #20109891 it confirms synthetic exposure between GME & BBBY. 3.๐ Review the 6/24/25 court transcript Judge Papalia confirms the Trust is active and disbursements are moving forward. 4.๐ Payout math: - At $AMZN $240: Est. $14$20/share - At $250: Est. $25$30/share - At $300+: Can go higher depending on float & trust" @owlofthematrix on X 2025-07-25 03:05:48 UTC XXX followers, 1272 engagements
"The Amazon Flex XXX that is tied by the meta data to GME and BBBY 1:1 Expires Aug 1st. ๐ฅ Now for the cash payout I believe like Hertz we will have to file a POI (point of interest) and that timeline was XX days after. If you didnt file a POI with hertz you did not get the cash pay out. 30-60 days from Aug 1st. Is my opinion based on history for the cash. We get a filing and we have to file a POI we get paid within XX days of that. The shares T+2 is the ruleThe earliest Aug X. Class X and X are paid the waterfall is ready. My tinfoil was the shares are in the box" @owlofthematrix on X 2025-07-25 03:23:34 UTC XXX followers, XXX engagements
"๐ Docket Reference: Docket #2172 (April XX 2024 Omnibus Hearing Transcript) U.S. Bankruptcy Court for District of New Jersey Case No. 23-13359 (VFP) ๐ What the Judge Said: Judge Papalia confirmed on the record that a post-effective Trust exists and that future distributions will be managed through it including for Class X and Class X claimants. ๐งท Where to Find It: PACER Case 23-13359 Docket 2172 Search keywords like: Trust Class X Class X Future distributions ๐งฉ Why It Matters: The Trust now holds the remaining estate assets including shares or rights that will be distributed" @owlofthematrix on X 2025-07-26 01:32:03 UTC XXX followers, XX engagements
"๐งพ In the Hertz recovery shareholders were required to file POIs directly with Computershare not Chart. They had about XX days from court approval to submit and claim warrants or cash. If $BBBY follows the same structure expect a similar Computershare or broker process once Class 6/9 triggers hit. No POI = no equity distribution. Watch closely" @owlofthematrix on X 2025-07-25 16:11:09 UTC XXX followers, XXX engagements
"@yonderbeing @PhantomBlack699 @Anasthera @ThePPseedsShow Pre Structured stalking horse Under Section XXX of the Bankruptcy Code the debtor (BBBY) can still sell assets privately or structure a deal via a trust shell or reorg plan with court approval even after the stalking horse period ends" @owlofthematrix on X 2025-07-24 16:40:44 UTC XXX followers, XXX engagements
"Cooler heads prevail. Were all in this together. We were talking about if DRS holders will have to fill out a POI like regular legacy shareholders for Hertz. I wasnt sure if it would be harder or easier to get paid out. Then @byebyeshorters and I were saying your shares are on the ledger already. So probably not going to have to fill out a POI. People who held in a broker are most likely to have to fill out a POI. Imo based on history" @owlofthematrix on X 2025-07-25 15:52:28 UTC XXX followers, XXX engagements
"@UCopy417 @Anasthera Any questions I would be happy to do my best" @owlofthematrix on X 2025-07-25 03:06:55 UTC XXX followers, XXX engagements
"๐ฅ Whats Bullish in the PCR โ
$211M in Class X & X claims are now fully paid That was the final barrier before the Trust could legally begin payouts to Class X (notes) and Class X (shareholders). This clears the runway. ๐จ Why That Matters Right Now The Amazon $XXX FLEX derivative expires August X 2025 and its already in the money (Amazon is trading $230+). The metadata shows a 1:1 GME payout structure not speculation. The Trust is active and waiting this is the final stage. ๐งฉ What to Watch Next The next Post-Confirmation Report (PCR) may reflect Class 6/9 activity this confirms the" @owlofthematrix on X 2025-07-26 02:29:40 UTC XXX followers, XXX engagements
"#gme #BBBYQ #bbby #Amazon ๐งฉ The Evidence Points to a Purpose-Built Structure Not a Coincidence Not a Trap The connections between Amazons $XXX Flex derivative BBBYs unresolved liabilities and GME as the settlement vehicle are not random and theyre not a trap set for retail. These contracts are expensive regulated and precision-engineered. They serve a very specific purpose: To settle synthetic short positions swaps and failed tradesnot to mislead people who were never supposed to see the metadata. ๐ Verifiable Links: X. Amazon Flex Derivative ($220 Strike BBG01VRT7KJ5): Custom derivative" @owlofthematrix on X 2025-07-22 13:25:20 UTC XXX followers, 10.7K engagements
"@__MarioSanchez @yonderbeing @nobles305 Im open to discuss of course. The only thing we need are filings. We have meta data connecting Bbby gme and Amazon so far. Not with IEP. Idk we shall see. We got facts on the connection on Gme bbby and Gme" @owlofthematrix on X 2025-07-24 18:19:30 UTC XXX followers, XXX engagements
"IFKYK #GME #BBBYQ #BBBY #AMZ @ryancohen @nobles305 @ThePPseedsShow @byebyeshorters ๐ฅ" @owlofthematrix on X 2025-07-24 15:11:10 UTC XXX followers, 1671 engagements
"@byebyeshorters @6days1week @zen_apes @UCopy417 @Anasthera I think we all will have to do a POI letter to get paid the cash. We shall see. I hope not" @owlofthematrix on X 2025-07-25 14:32:11 UTC XXX followers, XXX engagements
"Heres some big time get fired up For next week. Best and worst case etc ๐ข Best-Case Scenario ๐งพ What Happens: Amazon FLEX derivative expires deep in the money (e.g. $240$260+) Trust waterfall activates quickly now that Class X & X are paid (confirmed in PCR) You file POI (or your broker does it for you) Class 6/9 synthetic equity holders (like us) are included Payout is made in cash and/or 1:1 GME shares based on metadata Possible additional Beyond warrants or equity slices from restructured company (post-10/19/23 filings) ๐ธ Estimated Payout: If Amazon = $XXX $XX per share If Amazon = $250" @owlofthematrix on X 2025-07-26 02:44:51 UTC XXX followers, 1079 engagements
"@monotanus @melancholy833 @6days1week @byebyeshorters @zen_apes @UCopy417 @Anasthera Im all good with a round about date now.Aug 1st the derivative tied to BBBY and GME expires" @owlofthematrix on X 2025-07-26 00:09:58 UTC XXX followers, XXX engagements
"#gme #BBBYQ #bbby #Amazon ๐ง Comprehensive Timeline: BBBY GME Trust Derivatives and Payout Setup The PDF in the SEC S7-32-10 comments ties directly to prior DD posted on SuperStonk. It helped connect major dots between synthetic dilution the Trust and the Amazon XXX FLEX derivative quietly built into the market. Heres a timeline with the new info added connecting the structure. Thank @nobles305 @bbbyq_qybbb. The X separate pieces put it together. Anything to add DM me add as much as possible. ๐น PHASE 1: STRUCTURE & DILUTION SETUP (2022 Early 2023) ๐งพ June 2022 GME Share Authorization Raised" @owlofthematrix on X 2025-07-22 16:23:11 UTC XXX followers, 12.3K engagements
"๐ง Step-by-Step: Amazon XXX Flex = BBBY GME Synthetic Payout Step 1: Locate the Derivative ๐ Go to ๐ Search this FIGI code: BBG01VRT7KJ5 ๐ Expiry: Aug X 2025 ๐ฏ Underlying: Amazon (AMZN) ๐ Strike: $XXX ๐ Instrument Type: FLEX Option (customized option) Step 2: Verify Its Performance-Based ๐งพ Metadata confirms: Unit Multiplier = XXX Means 1-for-1 payout structure Contract expires in-the-money or worthless not open-ended or tradable for early closeout Performance benchmark = Amazon closing price โก If AMZN $XXX at expiry trigger fires Step 3: Connect to BBBY ๐ง Why this isnt coincidence:" @owlofthematrix on X 2025-07-26 02:56:45 UTC XXX followers, XXX engagements
"The Debtors are authorized and directed upon the occurrence of the Effective Date to take all actions necessary to establish the Liquidation Trust pursuant to the terms of the Plan and accompanying Liquidation Trust Agreement. The Liquidation Trust shall hold the Liquidation Trust Assets and shall administer such assets for the benefit of Claimants in accordance with the terms of the Plan and Liquidation Trust Agreement. The Liquidation Trust shall make distributions in accordance with the priority scheme (the Waterfall) set forth therein including distributions to Class X (convertible" @owlofthematrix on X 2025-07-23 15:36:24 UTC XXX followers, XXX engagements
"I doubt it. Thats just what we have in the meta data. I dont even see the maritime and it shows today class X and X are paid off. The FLEX contract is a critical clue possibly the synthetic unwind trigger for large players but its not the only payout path. The Trust and clearing systems will also likely play a role especially for Class X and Class X retail holders" @owlofthematrix on X 2025-07-25 03:59:31 UTC XXX followers, XX engagements
"The Nols info I got from @byebyeshorters I added in to my DD I added from @nobles305 Totally hear you skepticism is earned in this space. But heres what its based on: ๐น The 2-year NOL lockout comes from the standard IRS rule under Section 382(l)(5) and (l)(6) of the Internal Revenue Code. When a company like BBBY goes through a Chapter XX reorg any significant change in ownership triggers this NOL limitation meaning: ๐ They cant use the NOLs for two years unless the reorg follows a specific structure. Now heres the kicker: ๐
BBBYs Plan went Effective on Sept XX 2023 ๐
Amazon XXX Flex" @owlofthematrix on X 2025-07-26 04:02:55 UTC XXX followers, XXX engagements
"@ftwbiz Class X and X are paid in full. ๐ฅ" @owlofthematrix on X 2025-07-26 02:26:24 UTC XXX followers, XXX engagements
"I had saved this as I was shocked this was actually an SEC document and how they got this cover page on it idk ๐ I know this is in the vault on SS. I saved it from there. ๐ MIC-DROP WALKTHROUGH: The BBBYGME Synthetic Unwind Using Amazon Flex XXX ๐น X. Foundational Premise: BBBY was structurally shorted to oblivion using synthetic instruments (forwards flex options) and instead of settling these positions at the time of cancellation a clever legal and financial structure was used to divert those obligations not erase them via a performance-based derivative. ๐น X. Whats the Vehicle BBBYs" @owlofthematrix on X 2025-07-21 22:31:10 UTC XXX followers, 6227 engagements
"โ
Where the Trust Was Confirmed (Post-Docket 2172) ๐ Court Hearing Date: April XX 2025 United States Bankruptcy Court for the District of New Jersey Case No. 23-13359 (VFP) Bed Bath & Beyond Inc. ๐ Source: The audio recording and transcript from the April XX 2025 hearing. ๐ How to Access It on PACER: 1.Log in to the case: 23-13359 (VFP) Bed Bath & Beyond 3.Look for a document titled: Transcript of Hearing held on April XX 2025 or Court Audio from April XX 2025 If a transcript hasnt been formally docketed yet request the audio recording through PACER or contact the court reporter assigned" @owlofthematrix on X 2025-07-23 15:49:52 UTC XXX followers, XX engagements
"@6days1week @byebyeshorters @zen_apes @UCopy417 @Anasthera I have agreed to DRS some of my GME after we get the pay out. Thats a big deal ๐" @owlofthematrix on X 2025-07-25 15:56:38 UTC XXX followers, XX engagements
"I was just working on that :))) Depending on where you held your shares we may need to do a POI. First this.it wont hurt dont listen to people who say it doesnt matter. I feel like people who drs will have to do more imo. I will put that info at the bottom. ๐
Did you have to buy before September XX 2023 (Confirmation Date Docket 2172) โ
No but timing matters. You did not need to own shares before the confirmation date (9/14/23) but you may need to prove ownership before the record date set by the Trust once distributions begin. ๐ Heres what matters more: X. Confirmation Date (Sept XX 2023)" @owlofthematrix on X 2025-07-23 17:31:36 UTC XXX followers, XXX engagements
"Want to figure out the potential payout 1.๐งฌ Start with the Amazon $XXX FLEX metadata it shows a 1:1 structure tied to $GME and BBBY Class 6/9 claims. 2.๐ Use EDGAR to read SEC Comment Letter #20109891 it confirms synthetic exposure between GME & BBBY. 3.๐ Review the 6/24/25 court transcript Judge Papalia confirms the Trust is active and disbursements are moving forward. 4.๐ Payout math: - At $AMZN $240: Est. $14$20/share - At $250: Est. $25$30/share - At $300+: Can go higher depending on float & trust residuals 5.โ
Class X & X creditors have been paid whats left waterfalls to Class X & 9." @owlofthematrix on X 2025-07-25 03:04:34 UTC XXX followers, XXX engagements
"I think we are good to go if you bought and held through expiration. Not sure shares will be held in a trust because of all the synthetics. Shares on the ledger I dont know yet because of what entity Will those shareholders also get the warrants for Beyond Could be. More will be revealed soon" @owlofthematrix on X 2025-07-25 18:37:55 UTC XXX followers, XX engagements