1/n A 🧵: On August 9, 2022, Grit Capital / @GRDecter published a daily newsletter that had a paid "advertisement" for a company called "Boomerang" . I won't link it as Elon seems to not like S_ubstack links on Twitter. 2/n Clicking on that "advertisement" brings you to a website called GetVersed () GetVersed = Grit Capital, as they registered the name as a dba (doing business as): https://t.co/nwUcDSvGuHget-versed.io

1/n A 🧵 with some questions I have for @GRDecter. I'm confused so I'm hoping you can clear everything up. First, you make repeated statements that you managed/ran the Redwood Global Smallcap fund for 7 years, including through the 2008 financial crisis. 2/n As an investment fund registered in Canada, all of the fund's regulatory filings are available at sedar.com. I was particularly interested in the fund's Annual Information Filings for each of these 7 years.

Hah it looks like the toxic $BBBY deal is designed to soak up every single authorized common share (from 117M to the full 900M authorization), and they still of course had to add the risk factor that the toxic VWAP-based conversion feature means the 900M may not be enough. 1/3 This is smart as it means the buyers of this deal don't have to compete with $BBBY issuing more shares to the baggies. They can have the baggy bids all to themselves. Looks like common warrants will have a fixed (likely in the money now) price, but pref has VWAP discount. 2/3