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@PlatnumSparkles
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💎Can't stop, won't stop💎 Here to watch everything unfold in real time💎
Joined August 2021
👀👀👀
@PlatnumSparkles First line: "The greatest conspiracies are open and notorious — not theories, but practices expressed through law and policy, technology, and finance." https://t.co/uMSa2fj5zB
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The short interest data will lag here just like BYND.. perhaps another fake short squeeze incoming & noteholders will be able to sell those 180M new shares at a premium🚀
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Why do hundreds of people journey across the world to live and build together at Edge City? Week 1 of Edge City Patagonia, beautifully captured by Jeffrey Sun ☀️
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Shares expected to settle Nov 13, noteholders can sell before then but need to coordinate settlement
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$OPEN 'raised' $1.2B selling stock & immediately used it all to buy back $263.5M of 2030 notes. In other words: they traded 180M shares for $263.5M debt.. so really ~$1.46/share *debt 4 equity!*
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$BYND Rule 144D diss track
$BYND They keep yelling "Rule 144 = free shares” without ever reading the rule. 144 is an exemption after compliance....not a get-out-of-registration card. Shares can’t magically skip legend removal, CUSIP clearance, or DTC settlement. The tape says it all: 87 % utilization
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$BYND PR faker than the meat🍔
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One of the last remaining $BYND data lagging holdouts (Capital IQ data) has finally updated the shares outstanding so that Fintel finally now shows a more realistic 14.51% Short Interest for Beyond Meat - taking into account the increase to the float. Fintel is using 392.9M
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NEW: Is Larry Fink’s $350 Trillion Real Estate Bubble COLLAPSING Into Bitcoin!? 👀
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No resale registration (S-1/S-3) required. Since the tacked holding period satisfies Rule 144, holders can sell through normal brokers (and HAVE BEEN).
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Under Rule 144(d)(3)(ii), when restricted securities are exchanged or converted, the holding period “tacks” back to the date the notes were first issued. Because those notes were issued more than 6 months ago, the new common shares are immediately eligible for public resale.
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TLDR: The lockup was a contract between the company & lenders. The new shares are not “unregistered.” They were issued to institutional holders & are exempt private placements.
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Someone cooked up a fake $BYND press release saying the new shares couldn’t trade publicly. That’s false 🚨 The shares are free-trading thanks to Rule 144(d) tacking, which lets their holding period trace back to the original convertible notes. Check out @defaultusert's thread👇
1/n So much misinformation flying around with $BYND right now and if the new common stock is restricted or not. Many baggies and pumper accounts are spreading FUD that the shares are restricted and passing around fake press releases (see below)….
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Most companies chase no-code. These guys did the opposite. Instead of replacing engineers, @timgdelisle & @chriscrane, Co-Founder Fiveonefour, built tools that make devs 10x faster. Here’s what we discussed: • Why “developer-first” beats “no-code” • How simplifying code
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1/n So much misinformation flying around with $BYND right now and if the new common stock is restricted or not. Many baggies and pumper accounts are spreading FUD that the shares are restricted and passing around fake press releases (see below)….
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$BYND has $151.7M left on its $200M ATM *ATM offering incoming* Which would be great for the company, they could really use the cash🌭🍔
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Trade it as much as you want but keep this in mind bc it will be harder to keep the price up w/all the dilution.. I'd expect them to do an ATM offering as soon as they possibly can🍔🌭 & I hope they do bc I'd like them to stay in business
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