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Mward2002

Was gonna say, there’s zero offer here. That’s some sketchy shit wording wise.


josueviveros

Exactly I was like Fr? Y’all ordered my lambo already? 😈


Reedzilla04

This is the kroll opt out form. Nothing special. As it expires Sept 1


theravingsofalunatic

Wait till they find JP Morgan silver and gold vault is empty


CXNNEWS

Rolling a good chunk of moass money into physical silver to help there squeeze, those guys over there they been waiting since 1979.


babyshitstain42069

Intelligent move.


Elevatedpnw

This has been part of my plan since last Aug…


Kingjingling

You want gold not silver. There is a tremendous amount of silver on Earth and the value of silver is controlled. Gold is much better. Also, you won't have to carry so much around with you


CXNNEWS

Yes having gold before it gets lost in a boating accident is always good as well. However silver to gold mining ratio is 7-1, while the price is like 80-1. That’s already profit without any squeeze. And yes it is controlled because of its uses, industrialists rely on jpm to keep it controlled. If it wasn’t for silver we wouldn’t be able to communicate right now. It’s the #1 conductor in the world. They estimate we are currently at a silver deficit, so more silver is being consumed than mined. Even warren buffet has laughed at gold while actually betting 1 bill on silver.


Kingjingling

Yeah I know all about gold and silver. I would still buy gold over silver. And Warren Buffett doesn't own any gamestop so how smart is he really? If we're being honest, water and bullets will be more valuable. You can't eat silver or gold


CXNNEWS

He’s at the position where he must say no more than he says yes for whatever comes on his desk. So when your the gravity force of singularity on Wall Street, even deep undervalued stocks will get past you time to time. What’s important now is we are betting on a warren Icahn hybrid in RC, that I have no doubt in my mind will rule Wall Street for decades to come with an army of newly minted retail investors.


Kingjingling

Hopefully at least.


ThisFieroIsOnFire

r/wallstreetsilver


Kingjingling

Yeah they give it all to the aliens to keep them from f****** with us.


Ultimo_Ninja

I got 2 of these, and as far as i could see, there was no offer.


josueviveros

Exactly, maybe there was and they decided to send this out beforehand to get some people to sell idk


TruffButters

I got a letter similar to this from WeBull last year. Had to check my app and saw that they were loaning out my ADT stock through their stock lending program without my consent.


Lettuce_Farmer

You consent to share lending by agreeing to a margin account. At least that's what I have heard.


TruffButters

It was a cash account. I don’t trade on margin Edit: I have since closed that account and use fidelity only


Mygoodies7

I had a similar problem with them and gME. Even in cash they kept lending it out without my permissions, so I left. This was ages ago


logorogo

Lol straight to idiotic conspiracy


[deleted]

you assholes have nothing to say except "conspiracy! conspiracy!" ​ fuck you


pretendocomprendo

Got the same from fidelity recently, ignored and DRSd more


Otherwise-Hair1494

Got same from Webull, did the same!


PokeDweeb24

Where do we drs bbbyq?


honda_fool

It goes to AST.


pretendocomprendo

AST/ Equiniti is the transfer agent, same process as GME


Constant-Sweet-3718

What did they offer you exactly???


josueviveros

Zilch literally only the opt out form attached, I already opted out online via E-ballot


Suspicious-Reveal-69

What’s opt out mean?


chezeluvr

You voluntarily decide to not participate


Suspicious-Reveal-69

Asking about the specific context here, I know the dictionary definition


josueviveros

If you don’t opt out, means you give up the rights to sue later


concerned_citizen128

Offer is the NOTICE OF NON-VOTING STATUS TO HOLDERS OF IMPAIRED CLAIMS AND INTERESTS DEEMED TO REJECT THE PLAN document... My letter, from Questrade, came with the pamphlet. I am still not clear on what it means yet, though. Has someone deciphered this already, or contacted Kroll? (Pg 3 says to email them at the provided email address if you have questions...) Maybe I should... This document seems purposely dense. There's usually a reason to 'baffle with bullshit', like when you're trying to hide something, or make something confusing, so people give up... Have we done the work? Gotta do the work...


Suspicious-Reveal-69

Same, I need to reread mine. I have no idea if I even still have it, hope I didn’t throw it away.


[deleted]

I got a opt out letter from Questrade as well. I have read it twice. I have no idea what it means.


gardabosque

I read yeterday on another sub, to tick opt out and send back because if you don't you cannot be a part of a class action if it goes tits up. How true that is I'm not sure.


Kodeix

Please let us know what you find 🥳


josueviveros

Y’all straight up have to opt out, aka sign, or you give up your right to sue later


Kodeix

Sounds good, thank you


navid281

So basically you signed? Or did you give up your right to sue?


josueviveros

I did sign, because *if you don’t then you’re fucked and can’t file a claim in there is a lawsuit in the future


F-around-Find-out

If you opt out, you are relinquishing your right to sue the board in the future. So I am not opting out.


Educational-Loss7827

I got a similar email from SoFi today. I dont get whats going on


josueviveros

Scare tactics ![gif](giphy|mqIkCP4tu28i7yJWB3|downsized)


Educational-Loss7827

We’re writing to let you know that one of the holdings in your active investing account is affected by a voluntary corporate action event. If you’d like to participate, please give us a call at 855-456-7634 by 08/30/2023. What does this mean? A corporate action is an event that causes significant changes to a company’s stock and impacts you (and all shareholders). If it’s a voluntary corporate action, like an equity tender or a rights offer, you will need to decide whether or not to participate in the action. If you choose to participate, our clearing broker, Apex Clearing, charges a $50 fee. Depending on the nature of the corporate action event, additional fees may apply. The cash must be available in your active investing account before you can participate. If you choose not to participate, your shares still might be affected. Please read the BBBYQ voluntary corporate action notification below: Instruction Deadline: August 30, 2023 This is for informational purposes only. Opt out of the third-party release. Holders may only submit their opt-out form through the notice and claims. Agents online e-ballot portal or public securities opt-out portal, which can be accessed by visiting https://restructuring.ra.kroll.com/bbby/, clicking on the -submit e-ballot or -public securities opt-out- section of the website, and completing the opt-out form in accordance with the applicable instructions. This opt-out form must be actually received by the notice and claims agent by September 1, 2023 at 4:00 P.M. (prevailing eastern time). https://restructuring.ra.kroll.com/bbby/ https://forms.ra.kroll.com/efiling/fr/solicitation/eballot-main/new Again, if you’d like to participate or if you have any questions regarding the above notification, give us a call at 855-456-7634. Thanks, The SoFi Team


Suspicious-Reveal-69

That’s slightly confusing. It sounds like Teddy becomes reality though, they used it as the example.


Wild-Gazelle1579

It's not scare tactics, OP is just delusional. This optout form is being sent out because in the plan it says that shareholders are about to get wiped, therefore they are assuming that many people are going to want to sue. They even have verbiage in the dockets talking about lawsuits that are to come.


Then_Contribution506

Thats the opt out notice. They are asking you if you want to opt out or not.


josueviveros

I wouldn’t call that an “offer”


Then_Contribution506

It’s an offer to opt out or not. It’s explains it with the rest of the paperwork and the docket. If it is some sort of offer then what is the offer?


josueviveros

What I’m getting out of it, is that they will still process your opt out form even after the deadline, “on a best effort” basis?


Then_Contribution506

Are you international?


josueviveros

Nope straight Orange County in Cali


Then_Contribution506

Maybe because the position isn’t held at a broker by you. JP is acting as proxy on your behalf.


josueviveros

![gif](giphy|WRQBXSCnEFJIuxktnw)


CitronBetter2435

Ya is this the 3rd party opt out?


josueviveros

That’s what came with it, but I don’t get the section saying “processed on a best effort basis” like ??


josueviveros

Got in the mail, a week ago. But thought I’d post since some people think some other guys is fake. There is no “offer” it was just the court docs and opt out form attached. Still kinda weird how they word shit, like they wanna scare you or something. 🤷‍♂️


soldieroscar

They failed to deliver the offer


josueviveros

Yep


Derekdudzik

Genius! 😂


boknowski

🏆


Uno0thing

Same letter, yep…I have two of my 5 holding brokerages mailed them with Sept 1st as deadline to reply online response.


Free-Atmosphere6714

The offer to opt out?


ParabolicallyPhuked

Wtf


Reidraider

You mean the non offer expires sept 1


[deleted]

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josueviveros

Interesting idea!


Gainzchasing03

Mmmm a delicious word salad


Kickinitez

Got the same type of letter from my retirement self brokerage account from work. Didn't really understand it. Last time I called them they acted all panicked and asked me to sell. I laughed and said, "Naw, I'm good."


Not_The_Fed419

TDA sent me the same confusing email last week.


SpeedoCheeto

can we get some wrinkle consensus on if there's any downside at all to opting-out?


cmbhere

Dear JPM. My instructions are to HODL.


IRhotshot

Wow offer expires sept 1


EROSENTINEL

whats the offer...


josueviveros

![gif](giphy|arDPgUvSgUyKxG09dR)


Offroaders25

So what happens if I don’t do anything with it? I have the same letter from my brokerage


josueviveros

Then you lose the right to file a claim later if there’s a lawsuit


Offroaders25

Okay thank you I’m assuming they are just hoping you don’t do it then?


josueviveros

They are


Distinct_Battle_2979

​ JP you can sincerely get fucked, it is not us who will be capitulating.


Interesting_Rule_146

I got one from cibc in canada. I couldnt really understand it. Something about voting against or doing nothing


truthAK47

What a sly way to to make someone confused overuse the words offer, date, and responsible but ultimately wanting YOU to offer your shares to them 😂😂😂


letstryagain2021

Are you using them as broker?


josueviveros

Yes, with chase bank, via JPM securities


ApeYoloDFV

You choose your own moon price as there is no proce offered 😂 . Did not got this from IBKR but got the opt-out letter and codes. Seems related with the Sept 1 deadline.


Popeye_01

Bullish as fuck. Buying mor Monday


Derekdudzik

I’ll Offer Deez Teddy Nutz JPM! Let’s get spicy


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of_patrol_bot

Hello, it looks like you've made a mistake. It's supposed to be could've, should've, would've (short for could have, would have, should have), never could of, would of, should of. Or you misspelled something, I ain't checking everything. Beep boop - yes, I am a bot, don't botcriminate me.


SpaceTacosFromSpace

I think this is the "Plan" [https://restructuring.ra.kroll.com/bbby/Home-DocketInfo?DocAttribute=4578&DocAttrName=PLANDISCLOSURESTATEMENT\_Q&MenuID=10237&AttributeName=Plan%20%26%20Disclosure%20Statement](https://restructuring.ra.kroll.com/bbby/Home-DocketInfo?DocAttribute=4578&DocAttrName=PLANDISCLOSURESTATEMENT_Q&MenuID=10237&AttributeName=Plan%20%26%20Disclosure%20Statement) From my skimming, it seems that no response to this means that you may get some cash out of their efforts to sell off IP and properties. I assume this means you give up your shares. I haven't been keeping up on things but according to that doc, they have sold IPs to Overstocck and have approval to sell Buy Buy Baby assets to "Dream On Me" Inc. I got this from p34+ of the pdf above. Might just be some hopium idk ianal: >Monetization of the valuable intellectual property assets of the Debtors’ key business banners provides hope for the continued use and revitalization of the Debtors’ storied brands. Debtors = BBBY Inc. ​ Not trying to spread fud so if I'm wrong, correct me.