Thread by @owlofthematrix

Okie dokie 👍 we’re getting close. Thanks for the Spaces for me to drop some info on the comments. All DD was collected from others with a mix of my own. The most important pieces were from @nobles305
Thanks @byebyeshorters for data too.

🧠 Step-by-Step: Amazon 220 Flex = BBBY → GME Synthetic Payout

⸻

Step 1: Locate the Derivative

🔍 Go to OpenFIGI.com
📎 Search this FIGI code: BBG01VRT7KJ5
🗓 Expiry: August 1, 2025
🎯 Underlying: Amazon (AMZN)
📊 Strike: $220
📌 Instrument Type: FLEX Option (customized derivative contract)

⸻

Step 2: Verify It’s Performance-Based

🧾 Metadata confirms:
• Unit Multiplier = 1.0 → Indicates 1-for-1 payout logic
• Not tradable early — expires ITM or worthless
• Performance benchmark = Amazon closing price
➡️ If AMZN closes > $220 on Aug 1, contract triggers

⸻

Step 3: Connect to BBBY

🧠 Why this isn’t coincidence:
• The contract was structured just after BBBY’s wind-down began (late 2023)
• BBBY’s shell renamed to “DK-Butterfly-1 Inc.” on Sept 30, 2023
• “Butterfly” = common legal term for restructuring/tax-free asset spinoff
• Purpose: Quietly offload synthetic obligations into an external structure

💡 Key metadata clue:
The same JESXSC tagging and share class logic shows synthetic linkage between BBBY obligations and this contract — it was set up intentionally, not randomly.

⸻

Step 4: Show Synthetic Match to GME

📁 SEC Rulemaking Letter #20109891
• Filed under SEC Rule S7-32-10
• Clearly references:
 – BBBY and GME linked synthetically
 – Use of FLEX options & swaps
 – Mentions 1-for-1 structure
• Hosted on: sec.gov/comments/s7-32…

⸻

Step 5: Match the Share Math

🔢 BBBY issued ~664M synthetic shares
🧾 GME authorized +700M shares (June 2022)
🔄 Convertible notes = 69M shares if converted
🧩 The system was engineered to absorb synthetic exposure

⸻

Step 6: Confirm the Trust Structure

⚖️ Court Transcript — April 22, 2024 (Judge Papalia)
• Trust confirmed as active
• Trust to handle distributions
• Class 6 & 9 = Convertible noteholders + equity holders
📁 Function: Route liabilities off BBBY’s balance sheet

⸻

Step 7: Combine the Facts

✅ Live metadata showing 1:1 derivative logic
✅ BBBY + GME linked in SEC rulemaking
✅ Trust structure confirmed in court
✅ Amazon > $220 now
✅ Contract expires August 1, 2025

—

💥 Conclusion:

If Amazon closes > $220 on Aug 1, the derivative triggers.
That could unlock a synthetic unwind — in cash, equity (GME), or both.

🎯 Based on filings, metadata, and timing — this wasn’t an accident.
GME appears designed to absorb the payout.

—

🧨 Mic-Drop Challenge:
If you can disprove why a 1:1 FLEX option tied to Amazon was built in 2023, lines up with BBBY’s wind-down shell, and maps back to GME metadata and SEC filings — bring the receipts.

Until then: We hold the truth.

#BBBY #GME #AMZN #MOASS #Trust #SyntheticUnwind

Forgot to add in the PCR so nobody is wondering it’s bullish as a mf 😂 Class 3 and 4 Paid in full.

Confirm Latest PCR — It’s Bullish

📊 Latest Post-Confirmation Report (PCR) confirms:
• Class 3 & 4 (secured debt) have now been fully satisfied
• Opens up the waterfall — now cash can begin flowing to Class 6 & 9
✅ This validates that all senior obligations are cleared
🚨 This is the last step before equity-related payouts can proceed

⸻

💥 Why It Matters:

If AMZN closes > $220 on Aug 1, 2025:
✅ Performance trigger fires
✅ Triggers cash/equity payout event
✅ Trust distributes value — GME is structurally tied to absorb it

—

🎯 In Summary — What We Have (Not Speculation):

• Live FLEX contract w/ 1:1 logic
• SEC filing showing synthetic BBBY → GME transfer
• Confirmed active Trust managing waterfall
• Class 3/4 obligations paid (PCR confirmed)
• Amazon trading above the strike
• Expiry set for August 1 — same day BBBY’s NOL lockout ends

—

🧨 Mic-Drop Challenge:

If someone can provide a better explanation for why a 2023 FLEX derivative on AMZN, with 1:1 payout structure, would appear in parallel to a BBBY shell renamed for asset restructuring, a GME share reserve increase, a court-confirmed Trust, and a SEC filing linking them synthetically — show us.

Until then: we hold the receipts.

#BBBY #GME #AMZN #MOASS #FIGI #SEC #Trust #SyntheticUnwind #PCR #DerivativePayout

And this needs to be covered in here..

💡 Just to clarify:

It’s not Amazon paying anyone.

This is a performance-based derivative — a contract pegged to Amazon’s price (specifically $220) to trigger a payout event.

✅ Think of it like this:
A third party (likely a market maker, hedge counterparty, or fund managing the BBBY Trust) structured the derivative to settle outstanding synthetic liabilities if Amazon exceeds the trigger price.

📜 Historical precedent?
• Hertz (HTZ) had shareholders paid via a Trust after bankruptcy
• Washington Mutual and others have used waterfall mechanisms for payout
• In all cases, not the company itself, but counterparties and estate vehicles fund the distributions

🔁 Who pays the bill?
The parties who owe on synthetic shorts, swaps, or obligations absorbed into the BBBY trust — not Amazon.

The price of Amazon is just the benchmark that activates it all.

#GME #BBBY #Amazon #SyntheticPayout #PerformanceDerivative #Trust #MOASS #DerivativeTrigger #BankruptcyTrust #HistoryRepeats