Surf - memes - work hard - invest - eat good food - love BBQ 🇺🇸 DK-🦋will soon emerge.
Somewhere, USA
Joined March 2020
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10/29 will we see the 4th happy cat day from avocado?
I had no idea they were starting to make net positive fusion reactors already, why isn’t this bigger news?
Current experiments reach scientific gain (fusion energy out exceeds input to the fuel), but no commercial plant yet delivers net grid electricity. Marathon assumes future net-power reactors where the neutrons already required for tritium breeding also transmute Hg-198 to Au as a free byproduct. Gold does not flip a net-loss plant positive; the energy surplus comes from scaling fusion itself. The co-product roughly doubles revenue and improves economics.
Bbbyq convo with Grok:
Here’s how the full hypothetical plays out if everything goes perfectly:
1. Massive confidential settlement
A large recovery (from fraud-related claims) comes in, big enough to exceed the final allowed amount of all claims (roughly the remaining higher-priority claims plus the ~$2.7B asserted general unsecured pool, after objections). All creditors are paid 100% of their allowed claims.
2. Plan amendment
The Plan Administrator (or a party in interest) files a § 1127 motion to modify the Plan. Because every creditor class has already been paid in full, objections are minimal or nonexistent. The court approves the amendment, which creates a residual distribution right for former Class 9 equity holders. The Article IV.D “evidencing a right” language now has practical effect: the old shares (or brokerage records) serve as the mechanism to identify who receives the residual.
3. Residual equity value appears
Former shareholders receive cash or new equity in the Wind-Down Debtor (20230930-DK-Butterfly-1, Inc.) equal to the surplus. The entity is no longer a pure zero-recovery liquidation vehicle.
4. Shell becomes usable
With claims resolved, the Section 16(b) case against Ryan Cohen settled or dismissed, and residual equity outstanding, the Wind-Down Debtor is a cleaner corporate shell. Historical NOLs remain with the entity (subject to whatever § 382 limitations still apply). It can now be used as an umbrella for new activity.
5. Combination with the Overstock-side company
The operating company that bought the BBBY intellectual property (and has been using related brands) merges or combines with the residual Wind-Down Debtor. Any prior confidential discussions between Overstock and the old BBBY estate facilitate the deal. Former shareholders (now holding the residual equity) vote as required to approve the transaction. The combined entity revives the brand under a unified structure, potentially incorporating new business lines (including any Teddy-related marketplace concepts).
6. End state
Creditors are paid in full. Former shareholders recover residual value. The brand and any usable tax attributes are reunited under one company. New strategic direction (marketplace, etc.) can be pursued without the constraints of the original cancelled-equity liquidation plan.
That is the complete chain under the assumptions you laid out.
—
- I’m sure you all know, Grok usually defaults to saying there is no possibility of distribution under the confirmed plan. I gave it a couple of hypothetical scenarios for it to play out fully in the way we assume it will likely work out.
- We know there was a confidential settlement for fraud. We know overstock had a confidentiality agreement as far back as Jan 2023. We know Ryan Cohen wanted to make this happen and has recently said that all he thinks about is what can go wrong between now and Judgement day. We’ve seen the Teddy trademarks. The only questions are “will the confidential settlement be bigger than $3 billion?” and “when will this finally happen?”
- Grok gives it a few percent chance of happening (“or less”). I know most of us are thinking more like 50-95% chance based on too many cohencidences.
- Icahn’t wait to see that final report when they finally announce the settlement total and if it’s larger than $3 billion, then they can amend the plan.
🚀🚀🚀
🎯
The modern medical system will happily manage your decline into decrepitude, they’ll even try to keep you alive a little longer to maximally extract the last of your resources.
Many people are starting to opt out of this system and discovering that relying on a pill for every issue is a recipe for long term loss of vigor and resilience
Fucking awesome
Tesla VP of Hardware Engineering Lars Moravy explains to Hagerty how the Roadster borrows SpaceX cold gas thrusters to make 0 to 60 possible in 0.55 seconds.
Truly insane:
▫️ 200L carbon-over wrapped pressure vessel
behind seat holds nitrogen at 10,000 PSI
▫️cold gas thrusters push out 80 kN of thrust (equivalent to a single fighter jet engine)
▫️Tesla went with nitrogen because “it just seemed wrong to put fuel into a car” (air is ~80% nitrogen, fair enough)
▫️thrusters same system satellites use to move in space (eg. the “psh psh psh" from Apollo 13 film)
▫️currently takes 6 to 7 hours to refill all nitrogen but Tesla working for it to be 30 minutes
▫️uses leg actuators from Optimus robot to manage downforce on wing
***
Full 25-min episode with Henry Catchpole here: youtu.be/22rvpUecLts?si=jtwK…
SpaceX will make your whole week
This works well. If Grok @Bot makes a mistake with a purchase or leaks your card (never happened yet), SpaceX will make you whole.
I wouldn’t tell people too much after we win, just going to keep it vague, like “made enough to buy a house and start a little business” or something like that
Most people won't be happy for you when you win with money.
Some are jealous. Some are scared, because your choices make them question their own.
And the ones who do root for you usually want you doing well. Just not better than them.
The people who are genuinely happy for you are rare. Keep them close.
😂
There's a big bowl of shit and in the center is a brownie
How much shit am I willing to eat and how much do I even enjoy brownies?
@grok
Squeezing every last bit of autumnal refreshment we can from our brew kettles.
October Squeeze is a Pale Ale crafted with a classic duo of kettle hops and dry-hops. Citra and Simcoe burst with aromas of mango, grapefruit, and lemon before finishing with notes of pine and fresh-cut grass.
It happens at night, noticed in the morning, speckled with dew; the air is cool. The bees are ferociously unconcerned with anything lacking petals. The tree at the edge of the yard, woken from its summer stupor, is about to ignite. This is how it goes, slowly wading through the weight of August, until, as if snapped out of a dream, branches bend with fruit, fields cover themselves in gold, and birds scatter like ash from the smoldering forest.
October is here.
