>>61116663
Lemontits says RC is not involved. He's not going to lie about that publicly. He would say nothing if RC was involved with an NDA.

Icahn bought BBBYQ in a LBO in January 2023 after buying a substantial amount of bonds and converting it to equity in late 2022. Icahn subsequently guaranteed ownership of BBBYQ using HBC as a proxy while making it look like death spiral financing. Shorts took the bait. After CH11, prime brokers like GS went full retard and shorted the bonds that Icahn already bought and converted.

Icahn also acquired a substantial position in BBBY (formerly OSTK) in order to combine the two. BBBY (formerly OSTK) has restructured into an e-commerce retailer with local pickup available at a network of franchised stores and a small number of corporate-owned flagship stores in strategic locations.

BBBYQ shareholders will be rewarded with BBBY equity and some combination of cash and warrants. BBBYQ shareholders will also be rewarded with a substantial frog payout from the JPM settlement. Subsequently BBBY will spin off tZero with all BBBY shareholders receiving tokenized tZero shares.

RC was the diversion. Icahn was the killer. Kansas City Shuffle.

Source: MLP fan fiction. I edited out the sexually explicit material.