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![MachinistImprov Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1291358679040774145.png) Joseph Pijanowski [@MachinistImprov](/creator/twitter/MachinistImprov) on x XXX followers
Created: 2025-07-24 06:26:28 UTC

2/2 
- XX% gross profit claim (reducing profits for others),  
- Senior liquidation preference.

I'm just looking at ways to approximate the fair equity value of a converted $TZROP. I saw XX common to X TZROP being kicked around and think that it is way off. 
Discuss! $BYON


XXX engagements

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**Related Topics**
[$byon](/topic/$byon)
[$tzrop](/topic/$tzrop)
[chapter 11](/topic/chapter-11)

[Post Link](https://x.com/MachinistImprov/status/1948268526055125414)