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infinitematrix @owlofthematrix on x XXX followers
Created: 2025-07-18 19:46:56 UTC
#bbby #bbbyq
Make sure you file a POI if and when the waterfall hits. I am sure they will ask for one. May not need one BUT if you didn’t file one with Hertz? You didn’t get paid!
You can get the AI to set you up with one. ;)
Here’s a concise explanation for posting on X:
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Why Filing a POI (Proof of Interest) Matters for BBBY Shareholders
When a bankruptcy estate like BBBY enters the Trust waterfall phase, legacy shareholders must file a Proof of Interest (POI) to potentially recover anything—especially if they held common shares before cancellation. This is how you show the court-appointed Trustee that you’re eligible to receive a distribution.
A similar thing happened in the Hertz bankruptcy: shareholders who didn’t file a POI got nothing, even though equity holders eventually received stock in the reorganized company.
If you don’t file, you don’t exist to the Trust.
✅ Filing protects your claim. 🧾 It connects your shares to potential value (via clawbacks, settlements, or synthetic equity). 📬 Don’t wait for the final payout—POI must be on file before the waterfall distributions begin.
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XXXXX engagements
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