TLDR at the end
F28 with Ovarian Cancer I am really struggling with medical negligence not just from one doctor, but multiple. Just an FYI this is a long post about my overall experience since getting diagnosed with cancer and learning I have an underlying autoimmune disorder(s). I’ve been dealing with a lot of discrimination because I’m young and “healthy looking” and doctors constantly dismiss me or discriminate me for some reason and I’m tired of it. I’ve been sick and disabled since last November and I had a great job and was running my own business but lost everything because of negligent doctors and cancer.
I originally posted this on legaladvice because I thought maybe I had a case but at this point I don’t even know if I have a case or not and I’m starting to just accept that this is how this shitty system works. Anyways I thought I’d at least share my experiences with the medical field in the US specifically in LA California. I imagine I’m not the only person who has gone through this and that many people who are struggling with disabilities face these kind of obstacles when navigating the healthcare system here. I’ve had to learn how to advocate for myself and I only hope that my post and experience helps those struggling with their health.
In order for me to advocate for myself I’ve had to basically become just as knowledgeable about my condition(s) to get the proper care. I’ve had to fight for my diagnosis and proper treatment and had I not been looking up my symptoms, possible diagnosis, lab work results, I may have died or came to the verge of it had I fully trusted any of the doctors I’ve come into contact with. Always do your own research using trusted resources and have someone with you who can help advocate for you when you can’t advocate for yourself. Not only am I dismissed for being a female but also for being young and healthy looking despite having serious debilitating symptoms.
For two years I was seeing a rheumatologist for an underlying autoimmune disorder(s) like SLE OR MS and was diagnosed with Rheumatoid Arthritis, Primary immunodeficiency, dysautonomia, fibromyalgia, CIDP and still being investigated for more issues.
In November I decided to go on a LOA because my flares were starting to become more frequent and severe. My psychiatrist was the one who filled out the LOA paperwork for the time from Nov-Dec because I was hesitant to ask my Rheumatologist. I was told by my rheumatologists office that filling out LOA paperwork was $300 out of pocket and at the time I didn’t have that money so my psychiatrist signed it because I was also struggling with my mental health and family issues that time.
I was supposed to go back to work in January but at the start of the new year I got really sick and my flares started to ramp up again so I had to request a new LOA. My psychiatrist couldn’t help me with my LOA paperwork anymore because it was more health related now and told me to go see my rheumatologist. I was still hesitant because of the fee and then when I was about to see my rheumatologist again and get my bloodwork done I got a surprise bill from the lab where I get my bloodwork done for $400 after insurance. They wouldn’t let me get additional tests until I paid the fee and I couldn’t see my rheumatologist until I had my bloodwork done. I made an appointment with my rheumatologist anyways but the soonest I could get wasn’t until after the LOA deadline in March. I also couldn’t get any disability benefits until that LOA form was filled out by my doctor so I had no income to pay for any of this.
I ended up in the Emergency Room on 2/16/24 a little over a week before I needed to submit the forms for LOA and at this point my employer was threatening to fire me for failing to provide the LOA paperwork. I tried explaining the situation to one of my managers but he wasn’t having it and didn’t care.
When I went to the first emergency room I went in for multiple serious symptoms, they knew I had an underlying autoimmune disorder causing the flares and that I had surgery 3 years prior to remove ovarian cysts on my right ovary. I told the emergency room that I had a lot of abdominal pain across multiple areas, I was really weak, fatigued, dealing with vertigo, migraines, blood in stool, persistent bloating, frequent urination, appetite loss, rapid weight gain, insomnia, tachycardia, high bp, neuropathic itch/ polyneuropathy and my symptoms were to the point where I was losing my ability to walk. My partner was holding me the entire time so I wouldn’t fall.
The emergency room did a bunch of tests that included a basic blood panel, physical exam and a CT scan of my abdomen. They didn’t find the bleeding but instead found that I had a complex 14cm tumor on my right ovary which they deemed a dermoid cyst.
When they gave me the news they officially diagnosed me with a “dermoid cyst from birth” even though I countered their diagnosis and told them that was impossible because I had surgery 3 years prior. The doctor didn’t backtrack at all, just stuttered and continued to discharge me because it “wasn’t an emergency” just because I wasn’t bleeding out despite all of my serious progressing symptoms.
I angrily left the ER knowing it was utter BS and deep down I knew it was cancer because of how sick I was. I could literally feel I didn’t have much time but because I looked young and healthy and my basic blood panel didn’t throw up any huge red flags at them even they dismissed me and misdiagnosed me. I wasn’t even given anything to manage the pain.
I even told them I was already on a medical leave and that I’ve been really sick but that it was getting bad and I couldn’t see my rheumatologist. However I didn’t know about the tumor until then. I told them I needed help with the LOA paperwork too and had they admitted me I would have been able to get an extension and still have my job and benefits. I could have started treatment sooner and received disability pay but instead was forced to continue living with this pain. It was so large that I was at risk of torsion rupture and necrosis, Not to mention permanent nerve damage.
The next day I called up every gynecologist I could to see where I could go for the soonest appointment for an ultrasound. I found a doctor who took me as an emergency appointment a few days later and he confirmed it was most likely malignant and that I needed surgery ASAP. I talked to him about my LOA situation too because I was running out of time and I was too disabled to work. He also refused to help me sign my LOA paperwork because according to him, “ovarian cancer can’t cause systemic symptoms and you’re going to need to wait until surgery before I put you on leave”. I told him I had an underlying autoimmune disorder that I think is being exasperated by the cancer and I was just dismissed yet again despite needing someone to physically help me walk so I don’t fall. He also didn’t give me anything for the pain I was in.
I had to turn in my LOA that day but because of this I was forced to resign my position or face getting fired and becoming un-hirable so I had to quit. In quitting I lost everything, benefits, stocks, my job, my health, doctors. I’m now in debt with multiple cc going to collections because I haven’t been getting an income since January and I’m just starting chemo so I have no idea when I’ll be able to work again. I don’t know what to do here. I was going to try to settle my debt but with what money?? I might be forced into bankruptcy for 7 years now.
After I lost my insurance I applied for medi-cal but something with my application in there system wasn’t right and it was in a never ending pending limbo state(Took about two months to actually sort it out and I only sorted it out that quickly because my friend works for medi-cal). I tried waiting it out for two weeks, calling them sorting it out and doing it right by the system but every day I was getting sicker and weaker and I felt I was running out of time as I was bed ridden at this point.
Two weeks later I went to a different ER because at this point I couldn’t sleep, I couldn’t eat and I started getting migraines after doing anything. I was miserable from enduring all the symptoms and never ending anxiety and mood swings of possibly having an autoimmune disorder like SLE, MS and ovarian cancer.
The second ER I went to finally admit me for emergency surgery after a full day of being in the emergency room and they confirmed it was in fact a tumor. It also grew to 20cm by that point. By this time the tumor had already ruptured and twisted my ovary. The entire time I was there though it was a battle. I had been living with this for so long that I was perceiving my pain as a 6 when in reality I had nerve damage and the pain was likely higher. I seemed calm at first but anytime someone came in trying to tell me I was fine I couldn’t hold it together and would start crying because I was at my breaking point. I was suffering and no one was taking me seriously. I had to make it a point that because of the misdiagnosis from the last hospital, I lost everything and was in a position where I couldn’t get any care because of the issue I was having with my medi-cal application. It would’ve been months before I found a PCP, got referred to specialists, confirmed it was cancer, and scheduled a surgery. At one point during my time in the emergency room, the head of the ER came to me and literally told me, “I want to help you but you’re going to have to SELL it to me”. After that I kept having to tell them that my pain was like an 8-10 and that the pain meds weren’t working. They put me on gabapentin which didn’t really do anything for me actually. But then they started giving me morphine and while it helped tremendously I also found out that day that I either have an allergy or a sensitivity to morphine.
Anyways now to my current situation. I started chemo about two weeks ago and my current oncologist is also being negligent.
I found out the other day that she blindly prescribed a medication for nausea that interacts with a medication that I was already on. The interaction is known to cause arrhythmias apparently. During my first week of chemo I was taking both meds and mentioned that my chest had been feeling heavy and I had pain. I was told it was steroids. It continued and then one night as I was falling asleep my heart started to pound really hard for about 10-15 seconds. I told my doctor about it and again steroids.
That same day I went to pick up a prescription and just happened to ask if anything interacted and that’s when I found out that it was a major interaction and I literally could have died had I not luckily already been titrating off of the offending medicine. I stopped taking those meds and immediately the chest pain stopped and I haven’t had an episode like that since.
I am freaked out and don’t want to continue my care with her due to her negligence. This should have been a conversation at minimum and she didn’t even tell me she prescribed it let alone double check for interactions(she had the list of my current medications). I just got a notification from my pharmacy that it was ready. I also didn’t know about the interaction when it was picked up because my mom picked it up for me and she doesn’t speak English very well.
I talked to my care teams assistant and told her I wanted a change of doctors because I didn’t trust her after this and she said she was going to put in the request. They called me yesterday though and said they weren’t going to switch me because I had already started treatment. They refused to switch my doctors despite everything that’s happened even though she literally almost accidentally killed me. I am livid and don’t want to continue with them but they’re giving me no choice but to continue seeing her.
I already set up an appointment for a second opinion but that’s not for another two weeks before the appointment and I don’t want to interrupt the treatment.
I have a rare type of ovarian cancer with a high grade tumor. It was a germ cell tumor called an immature teratoma. They said it is stage 1 but because I had emergency surgery, the tumor had already ruptured, and everything was rushed I don’t feel this is an accurate diagnosis because I have pain in all of the surrounding areas where the tumor was pushing up against. (I also mentioned this to my oncologist but instead of running tests or anything else I was given a psych referral for anxiety because I have an adhd & bipolar diagnosis even though I’ve been stable for years and I wasn’t overreacting in this case). The tumor was exasperating all of my autoimmune symptoms and causing me to be in a never ending flare so my body has been heavily damaged. Im becoming disabled at 28. I have so much anxiety with doctors now because I’m traumatized from my experience with them dismissing me and discriminating against me. Like I’m young so I “must be able to tolerate more”. I have to constantly look up my lab results, medications, conditions, because of how much negligence and dismissal I’ve been dealing with over the years. I’m scared I’m going to die from something preventable and not cancer at this rate.
TLDR: F28 w/ ovarian cancer and pre-existing autoimmune disorders struggling to get care, proper diagnosis, treatment, negligence by multiple doctors, losing everything. US health care system is incredibly difficult to navigate and we need to constantly advocate for ourselves to get proper care in this for profit healthcare system.

Foreword: First of all thanks for having a positive community here. I am from the far east so apologies for my poor use of English in advance. I hold about 14.8k shares myself and believe this is gonna be a long war. So I guess it’s wise for us to understand a bit on what (or who) we are actually investing in. Treat it as a casual read if you wish. This post might be an unpopular opinion. Also most of contents below are researched on Chinese websites. I am merely a translator and this is not an investment advice at all. Also please point it out if any of the contents are inaccurate.
TLDR: YT Jia doesn’t have a good reputation here with his previous business (LeTV) in China. FFIE’s main selling point now is that they are the only Chinese EV manufacturer based in the US. Few days ago Biden imposed a 100% tariff (up from 25%) on EVs from China, and it might be possible that Chinese EV manufacturers will seek collaboration with FFIE to bypass the tariff.
Yueting Jia (YT Jia) is a businessman from China. He was the founder of LeTV in China in the 2000s.
LeTV first started as an online video sharing platform in 2005 and later on streams movies, TV programs and even livestreams sports events (Just imagine it was the Youtube and Netflix of China, but not as successful). LeTV was listed in China in 2010 and declared that they already achieved breakeven back in 2008.
In mid 2010s LeTV stated their intentions of building EVs in China and the US. Faraday Future was founded in 2014 by YT Jia and he left LeTV (but still the business owner I believe) and physically left China (and never returned) in July 2017 to focus on the EV business (he claimed). LeTV was in deep financial troubles and media start reporting in Oct 2017 that the IPO in 2010 was a financial fraud (No way that the company was breaking even back then).
He was on the national debtor blacklist in Dec 2017 as he ‘escaped’ China and left all his debts behind. All assets were froze by the CCP government. He received a CNY 241M fine in 2021 for financial fraud from 2007-2016 at LeTV.
Meanwhile in the US, FFIE and Jia himself weren’t doing any better. FFIE was originally backed by Chinese real estate conglomerate Evergrande in 2018 (for around USD $700M). The first payment of USD $500M was spent (or disappeared) without any explanation or justification to Evergrande, and they brought Jia to court for the lack of financial transparency in FFIE. After the court case, the court froze Jia’s assets and stakes in FFIE and he personally filed bankruptcy in 2019.
Fast forward to 2024, Jia filed a court case against his former employee Lei Ding. Ding joined the EV segment of LeTV back in 2014 and followed Jia to FFIE in 2015. He left in 2017 and set up his own EV company (HiPhi) in China. HiPhi targets the high end Chinese EV market with car models selling at CNY 600k-800k price points. They were actually sensational in China and sold around 10,000 cars in a few years time, but eventually stopped production in 2024 due to lack of funding.
Jia sues Ding in 2024 for stealing FFIE’s intellectual property and business confidential information to use on HiPhi EV products. What I wanted to point out here, is that if FFIE really takes off with our support and Jia isn’t a scam at all, their products may actually look like HiPhi. Search The Faraday Future FF91 on Youtube channel ’Vehicle Virgins’ and Hiphi X on ‘carwow’.
Recently Jia starts livestreaming on his social media platforms, mainly on commenting his competitors (e.g. the highly successful Xiaomi SU7 EV as well as the HiPhi cases). Rumours believed that he wants to leverage on his personal reputation to generate extra income from livestreaming, as well as media exposure for FFIE to collaborate with Chinese EV manufacturers in future.
Biden imposed a 100% tariff (up from 25%) on Chinese EVs to protect US jobs on 14 May. It coincided with the uprise of FFIE stocks. The Chinese commentators are linking FFIE with the tariff lately, claiming that with FFIE’s infrastructure and establishment in the US, and Jia’s connection and experiences with the Chinese market, the Chinese EV companies may use FFIE as a platform to launch and even manufacture EVs in the US.
With Jia’s track records, he’s not a popular figure in the Chinese world. Most of the Chinese-language forums are bearish on FFIE’s future, and personally I am still not fully convinced on FFIE’s long term future.
What I have faith on is Jia’s business insights - be it LeTV back in the 2000s when video streaming is still not a thing at all in China, or introducing EVs in 2014 when Tesla and the concept of EVs are still relatively new to China. With the huge support here, media coverage and all that financial indications (looking at the short interest and everything), I believe we can achieve something out there and hence encouraging everyone to study about what we are actually investing in.
If you read til here, thank you very much for your support. I type everything myself (with no bots, no Google translation, no Chatgpt nothing) and I am not a bot. Just here to share my insights and wish everyone of us are well informed on our investment decisions. It’s our hard earn cash that we are investing in and we shouldn’t treat it like gambling. Again this is not investment advices and I can’t say I really like FFIE, but I like this community and all the positives you all contributing, so thanks all for reading this, supporting each other and wish us all a successful fight on Monday and onwards. HODL 💎🙌🏻

For background context, I’m 33, gayer than christmas, and a nervous wreck.
Since 2019, I’ve experienced the death of (In order) my Step Dad, Grandmother, Sister, Mom, older Brother, and Step Mom. After my Grandmother passed, a sizable Family Trust was set up for me and my Dad. After my Mom passed, the state gave me custody of my little brother, so I used some of that money for a down payment for a nice house in a nice area— I wanted to get something stable and safe-feeling for my brother after such a tumultuous early childhood.
My husband has always tried to be supportive, or so I thought. I keep looking back though, and all I can remember are the times he’d give me shit for going to visit my grandmothemom when they were fighting their cancer battles. At one point, he even tried convincing me that my Mom was faking her illness, I think because he just didn’t like the area she lived in— a fairly ‘rough’ trailer park. He’s never had a job. I’ve tried here and there, but my depression always sucks me back underwater, and the Trust has effectively cut me off which lead to a wonderful case of ch 13 bankruptcy.
A year ago, I worked up the courage to try and file for divorce. Talked to an attorney, paid the retainer…. And then his dad (a family attorney himself) started listing all the ways he could have my little brother removed. I caved. I can’t lose my brother. I told myself that I was the problem somehow, and dropped the whole thing.
This past Tuesday, I woke up in crippling abdominal pain. Told the husband, who said he needed a shower. I waited ten minutes before I just grabbed my keys and left with a quick text on the way to urgentcare. I stumble into the waiting room and promptly pass out, night-night style. I guess they werent equipped to deal with that kind of thing because I then woke up in an ambulance (with the HOTTEST ems, I stg) being taken to a hospital. My phone is dead. Car is left at urgentcare. No idea where tf I’m being taken. Get rushed into a room and then get left for 30 minutes alone, bawling my eyes out with the thought that the cancer that took half my family has finally come for me. A nurse is kind enough to lend me her charger. My phone turns on… no calls or texts. Nothing. I call the husband who is asleep, irritated that I left without him, and that I woke him up. I don’t fight, I just tell him whats happening and where I am. A few agonizing hours later, I hobble out waiting for him. The last of my phone juice goes to the location I send him, and then I wait. And wait. And wait for two more hours (The hospital is 15 miles from our house).
I am a broken human being. Each death of my family chipped a little away, and on top of having to financially support myself, my teenage brother (who is a BLACK HOLE OF FOOD), and my… I gotta say it, my deadbeat husband… Underneath all of that, its hard to find the energy for.. anything, really. I just want to be happy again. I just want to feel like I have the freedom to heal. But I dont know where to find the strength to start. Therapy only goes so far, and meds only do so much. It takes action on my part, but I have no action left in me. I’m so tired. I miss my family.

due to Vuong Pham's complete control of the Vietnamese media. He censored all the bad news so what appear to the clueless general Vietnamese public is a shinny VF3 and other Vinfast cars as if they are normal cars from a normal car company. Not.
Here are the list of things Vuong Pham censored in Vietnam i.e. no official media is reporting these newsworthy facts and truth:
1/ Vinfast is not a normal car company: it is a company teetering on the verge of bankruptcy with an astronomical debt, $9.3B total and $5.8B short term, huge yearly loss of $2.4B, negative $2.7B equity, only $123M cash, and only miminal real sale (about $450M in 2023) where 80% of total sale are stuffing to GSM.
2/ Vinfast cars are not normal. They are very buggy with 15 cases of VF8 with broken front wheels. With the low number of cars on the road, the rate is very high, highest among all car brands.
3/ Numerous battery dead problems.
4/ The news of the Pleasanton crash killing 4 people in a burning VF8.
5/ The real world's range of VF3 is only about 120-140km, where the fake range 210 is the unrealistic NEDC standard.
6/ The news of Vinfast did not pay rent to Stanford Mall for a year.
7/ The news of the two ongoing lawsuits: class action lawsuit and the steel lawsuit.
8/ Vuong Pham sold cars in Vietnam at a much higher price than in oversea market, despite only 3% special tax and no import tax for full cars (only minor tax for parts), effectively milking Vietnamese to subsidize oversea customers.
Vuong Pham is all out attack with a media blitz of the VF3 right now and is pumping the stock VFS / VIC / VHM full force, hoping that the Vietnamese public is still under his spell due to complete media control that no bad truth can reach the public. North Korean style. The tiny VF3 brouhaha is his last attempt, the swan song of Vuong Pham. News about new plant in Indonesia, expansion to Malaysia, the Phillipines etc... will continue to churn out to keep the media from being dried, but of course, with no substance because Vuong Pham does not have the money and the cars are not competitive anywhere else.
Well, many of these Vietnamese people are just clueless, not their fault but due to Vuong Pham's censorship, and the number of people who buy a Vinfast car will be much less if they know the truth, that Vinfast is a technically bankrupt company selling a buggy car.
Poor Vietnamese living in a communist country with propaganda and censorship.
Well, in this sub, we know the truth, a tiny population of only about 3900 people vs 100M Vietnamese + 400M American out there.
Good to know the truth.
Mean while, time will do their force when it is due: Vinfast will crumble under the weight of ever increasing debts and loss.
Just a matter of time.

Two years ago, I rear-ended another car that slammed on their brakes on a very windy highway in California. There was just a small dent in the front of my car and there was a decent size dent in the back of their SUV (which the insurance company ended up replacing for them) There was a family in the other car, including a father two or three kids and a pregnant woman. Everyone seemed totally fine at the time and everyone walked away and drove home. No ambulances or cops were called but the father was understandably very angry at the time and specifically told me “sorry isn't gonna cut it for this pal”.
I don’t hear anything for two years but the other day my insurance called me and let me know that the guy has lawyered up and has been taking his family to the chiropractor for two years for soft tissue damage treatment. They told me they think he’s likely to sue at the end of the statute of limitations in about a month. His lawyers haven’t sent in a demand yet because I imagine they want to document the chiropractor appointments as long as possible.
I withhold my judgement on whether this guy is a fraud or not because I don't know him well, but I do know that every study says that chiropractor treatments are not really effective for soft tissue damage, and a chiropractor is typically not the type of professional you want to see if you actually have real pain that you actually want resolved. Chiropractors are however a good way to cheaply document pain for a court case (whether real pain or imagined).
From his LinkedIn it seems that he has been unemployed for the last several years (he may be has savings from the sale of a company though) and has a family to support so I could see how he would want to take this case for everything it's worth.
My question is, whether this guy is a fraud or is actually experiencing pain, he is obviously doing everything right to get the biggest settlement possible. Assuming he continues to do everything right, would you say his case is likely to exceed my 100/300 coverage in Orange County California? Have you seen cases like this before were the plaintiff does everything right even though there is no verifiable evidence of a medical issue and if so how have they paid out?
I also will likely have over 2 million in a Roth IRA in around 6 months (which is only protected from bankruptcy only up to 1 million in California) at what point in the court process will they be able to see the assets I have? He probably doesn’t suspect I have assets yet because I was in a $2000 car when I hit him. I’m honestly thinking of moving to Texas for 2 years to get the additional bankruptcy protection offered there (unlimited protection for a Roth IRA) and I know these cases can often go for that long.
TLDR: What is the biggest payment you’ve seen in a soft tissue damage where there is no physical evidence of an injury but the person keeps going to a chiropractor for years? This guy is likely to get it. Also at what point can the other party see your retirement assets?

Seems that forums are visited in waves by different demographics so perhaps not everyone is easily finding certain info.
Want to try to have a simple post that we can summarize what's up and what to do. I'll try to update with suggestions and as appropriate info comes available.
Updated as of 5/19/24 9:41 AM CST

• ETA on us getting our funds?
  • None provided.
  • There is this X post for consideration: https://x.com/sankaet/status/1791728405940994068?s=46&t=jCX9YAEMJQvgvF1HC9K2lQ
• What are they doing for us?
  • Judge has limited powers due to docket scope.
  • Monday there will be "meet and confer" between Synapse and Evolve.
  • Likely not know anything until Friday's hearing unless one of the parties updates via social media/press release.
• Is there any work around or back door to get our funds?
  • Highly unlikely - frozen means frozen.
  • Failed attempts may lead to returned ach fees. Attempt at your own risk.
• Is our money gone?
  • Not exactly but no guarantees can be made because of the murkiness of the situation.
• Do we know what occurred, and why?
  • Mostly speculation outside of Evolve's comments from the hearing and their recent social media release.
  • Shorthand, Synapse needs to provide settlement records/reports/ledgers in order for Evolve to consider unfreezing funds and transactions.
• What should I do?
  • File new direct deposit with your employer to a different account if you're depositing directly to these accounts.
  • Document everything, save emails and chats you've had with your platform. Compiled a list of known news links at the bottom of this post.
  • Download your statements for proof of your balances. Consider also a custom statement if your platform allows it for YTD.
  • Contact lenders and whomever you make payments to. Make them aware - though many will say nothing can be done until after billing (after fees and interest are charged). They are usually set up to reimburse, not prevent.
  • For credit score damage, you'll be providing the same documentation in credit history disputes. However, like your lenders, they are setup to deal with it after the fact. Not much can be done except prepare your argumentation / documentation in advance.
  • Seek financial advisor / coach for budgeting to help you make a plan to recover and limit the damages. The majority of your recovery will be your responsibility, however frustrating that may be.
• Lawsuits?
  • Right now, Synapse is in bankruptcy court - the judge is not able to help us outside of the meet and confer order. So don't count on the hearings going on right now to solve all of our issues.
  • To my knowledge, no one has filed a suit yet (I am seeking an attorney personally, but probably too early to file anything). The number of impact statements from reddit users may make a great case, but consider that most cases are intended to make you whole, not rich. So if funds are made available, your ability to sue may be limited. Speak with your attorney.

Template I used for my communications - can modify and will update with appropriate suggestions:
I bank with [Yotta/Juno/Copper]. This is actually a type of fintech which is a front end platform (not a real bank). They use other companies to provide the actual banking services behind the scenes. One of which is called Synapse. Synapse primarily parks funds in other banks such as Lineage, AMG, Evolve. This past week, at least one of those banks, Evolve, put a freeze on all funds and transactions. Synapse is in bankruptcy court and made some poor decisions - not providing settlement records, reports and ledgers so that postings of daily transactions can continue that satisfy Evolve's needs.
There is, unfortunately, no major news coverage other than a few articles listed below and a very active Reddit board as of the last week or so since the freeze has occurred.
At this time, I would appreciate if [LendeCompany] would be merciful in regards to missed payments and related consequences (fees/interest/negative reporting). This is entirely out of my hands. The funds are there to make my payment, but frozen for a reason outside of my actions and control. I have no way of paying bills, paying for groceries and rent outside of leaning on credit cards while I try to rearrange future funds and recover my budgeting.
I appreciate you being a helpful and understanding partner during this time.
https://www.forbes.com/sites/emilymason/2024/05/14/judge-says-up-to-20-million-fintech-depositors-are-at-risk-from-synapse-bankruptcy/
https://fintechbusinessweekly.substack.com/p/theres-a-bank-run-thats-going-to?utm_source=share&utm_medium=android&r=2k65kb&triedRedirect=true
https://www.reddit.com/yotta/
https://www.forbes.com/sites/emilymason/2024/05/17/federal-bank-regulators-wont-rescue-fintech-customers-caught-in-synapse-bankruptcy/
https://www.getevolved.com/about/evolve-responds-to-fridays-court-hearing/
https://medium.com/synapsefi/addressing-evolves-misleading-press-release-8e8b77850a7a

On a throwaway because my self-esteem is already bruised to shit.
Currently in an open chapter 13 bankruptcy case. My income is over the limit for chapter 7 which has shot me in the foot multiple times… including procuring financing for a vehicle.
I will be surrendering my car as it has way too many things wrong with it so I will have no trade in and ideally no more than $500 down. I had some numbers run with a dealership in the area and the interest came back at 19.9% on a decent used vehicle which sent my monthly payment over $600 a month which my attorney and trustee will surely deny. I expected it to be high but holy shit.
I took a step back and figured leasing might be a better option for 3 years which my attorney said is okay. Well apparently nobody wants to lease (especially to someone in an open bk case) because their profit margins immediately are not worth their time and effort.
Long story short, does anyone know a place in greater GR that will either lease to someone in my situation or has some decently priced, reliable vehicles with guaranteed financing? Feeling defeated as hell.

Hello Fellow Apes,
I just want to take a quick moment to revisit the Nasdaq's rules and how it would pertain to Clover Healthcare's delisting procedure. I want to do this for two reasons: 1) I want to get ahead of the short sellers' FUD thesis, and 2) I want to revisit the post I made a month ago called "Nasdaq's rules and procedures pertaining to Clover Health." https://www.reddit.com/Healthcare_Anon/comments/1bx2eeg/nasdaqs_rules_and_procedures_pertaining_to_clove
Currently, retail short sellers do not have a basis to spread FUD (fear, uncertainty, and doubt) about Clover Health (CLOV). Additionally, my recent post has highlighted the coordinated efforts to short the stock and brought attention to the fact that a group of us has been reporting activities on the Clover Health subreddit to the SEC and Clover's Investor Relations.
https://www.reddit.com/Healthcare_Anon/comments/1ctvrx7/clov_as_a_meme_clovs_reddit_and_andrews_recent/
In short, our filings with these entities revealed a high correlation (R = 0.97 with a P-value of 0.001) between the "dog whistle" share price and the actual share price of the stock after running statistical tests. Our dataset covered several months. An R value of 0.97 in a correlation test indicates a very strong positive linear relationship between the two variables.
Additionally, contrasting this with the recent meme stock frenzy fueled by figures like Roaring Kitty and Ryan Cohen, hundreds of thousands of people have lost substantial amounts of money due to the activities of retail short sellers. Unlike institutional traders, there are currently no sufficient laws or enforcement mechanisms to regulate these retail short sellers. This lack of oversight prompted us to start documenting and collecting data on Clover Health (CLOV). Our goal is to contribute to the end to such predatory market manipulation behaviors. Companies such as AMC and GME are doomed to fail. However, the case with Clov is different because the company is profitable, sustainable, and gearing up to expand and address the changes to healthcare.
https://www.cnbc.com/2024/05/17/gamestop-shares-fall-after-it-files-to-sell-securities-says-first-quarter-sales-declined.html
I know what you guys are thinking, "Why are you bringing this up again?" Do you guys remember one of the procedures for Nasdaq's delisting that I wrote a month ago?
"When a company listed on the Nasdaq stock market receives a notice of noncompliance, it means that the company has failed to meet one or more of the Nasdaq's listing requirements. The timeline for potential delisting following a noncompliance notice varies depending on the specific rule that has been violated. Generally, companies are given a compliance period during which they can regain compliance with the Nasdaq's listing standards. This period can range from 30 days to 180 days, or sometimes even longer, especially if the company decides to appeal against the delisting decision or if the noncompliance is related to financial or reporting issues which have specific cure periods.
After the compliance period ends, if the company has not regained compliance or has not made satisfactory progress towards compliance, as determined by the Nasdaq, the exchange may issue a delisting notice. The company can appeal this decision, which may further extend the process. Currently, Clov has several good reasons and evidence to further extend the process. However, I cannot speak on this because of two reasons:

1. It's uncertain whether Clover Health's Investor Relations (IR) team will instruct their legal team to formally present their reasons for noncompliance to Nasdaq. They have legitimate reasons, including being targeted by retail short sellers, but I'll not delve into those details in this post.
2. Considering Clover Health's financial situation, as evidenced by their 10-K reports and their operational runway, it's possible they may not need to utilize the full 180-day grace period before appealing Nasdaq's notice. Moocao plans to conduct a detailed analysis (DD) of their financial statements, which suggest the company is in a strong position. The launch of their Software as a Service (SaaS) platform and the anticipation of approximately $100 million in revenue could potentially disrupt the strategies of retail short sellers, possibly leading to their financial downturn. However, the outcome of the first quarter's earnings report (Q1 ER) remains to be seen, presenting Clover Health with two potential paths forward. I'm only speculating SaaS contracts because why would you hire SaaS staff, request to generate more shares to pay those staff, and not have work or activities for them to do right now? This is a lot of money to spend on something that have no contracts. Therefore, I speculate they will announce their SaaS the same way that they announced their home care last year."

Looking at the current situation, Clover Health has ample time to comply with Nasdaq's regulations for several key reasons--almost unlimited:

1. Strong Financial Health: The company is performing exceptionally well and is far from facing bankruptcy. Despite this, short sellers have excessively shorted the stock, pushing it to levels suggesting financial distress, and they have coordinated efforts to sway public sentiment negatively. https://www.reddit.com/Healthcare_Anon/comments/1cp786f/clover_q1_2024_earnings_analysis_earnings_call10q/
2. Proactive Measures: Clover Health is actively working to enhance shareholder value, including implementing a share buyback program.
3. Prepared for Appeals: We have already prepared the necessary reports for Clover Health to file an appeal with Nasdaq, should it fail to meet compliance standards within 180 days. However, given the company's current trajectory, it's unlikely that an appeal will be necessary as we anticipate Clover Health will regain compliance soon.

It's important to note that the likelihood of Clover Health facing delisting or needing to perform a reverse stock split is minimal. In a somewhat ironic twist, we owe a debt of gratitude to the retail short sellers. Their consistent manipulation of the stock has inadvertently provided crucial evidence. If they hadn't driven the stock price below bankruptcy levels and engaged in aggressive trading strategies against market-making algorithms, we might not have identified key areas to focus on. As the saying goes, sometimes not getting what you want can indeed be a blessing.
I'll provide a more detailed write-up later, but for now, I wanted to reassure you that the potential for Clover Health's delisting or reverse stock split is very low. The delisting and reverse stock split are the only kind of theses I anticipate the brigades can make. Otherwise, the only thing that they have are memes.

What exactly do I need to keep a record of if anything?
A while back I had some play money and decided to go in on BBBY via Robinhood. After bankruptcy the shares disappeared and went OTC but I never followed up. Do I need to hold a record of anything in case something were to happen? I’ve moved on and I’m only on GME now but I keep hearing lingerings of BBBY every so often. I have no idea where the shares went, if they were sold, what rights I have (such as knowledge of how/when they were sold) etc.

I think I made almost 10 posts here bitching out Celsius and Coinbase over the past few months. But today, I finally got my coins back, in full crypto, in my Coinbase account. I'm still refreshing the page to make sure it's real.
Last week, Celsius asked me to let them know if I had a customer service ticket with Coinbase. I did, and I told them the case number. I didn't think much of it but somehow I got my money today.
I got about about 90% back at today's BTC and ETH prices. I was all in stablecoins at the time of bankruptcy. I have no intention to sell and will move my coins into a cold wallet.
For everyone still awaiting their distribution, don't give up hope. Keep fighting for it.

I've been behind on rent for months, really for the better part of the last year or two getting it paid by the end of the month either on my own and/or with assistance from friends/family or local charities. Finding gainful employment has been difficult living in a college town with limited opportunities for various reasons. My main source of income has been delivery driving on a few gig apps but it's just not sustainable, on top of managing mental health struggles as best as I can despite therapy and meds.
I got a great job back in Feb that I tried getting for 4 months before I finally heard from them (no other callbacks from applications in the meantime). It was $19/hr full-time, benefits day 1, relatively easy packaging job at a local beer brewery with a rotating schedule. Everything was going fine until only a month in I was suddenly let go for "unprofessional behavior" with no explanation or anything addressed beforehand. I live in an at-will state so I know they didn't need to provide any reasoning, and I also couldn't qualify for unemployment because I hadn't earned enough in the previous 18 month period to qualify per the criteria.
I started applying for jobs the same day after I got home that morning and continued delivery driving, but haven't been able to make enough to pay rent aside from a few hundred for April, with the balance rolling over into May. I was notified via email from my landlords that the full balance would need to be paid by today 5/17, or they would file eviction Monday 5/20. This happened last Sept and I was able to get help from a local charity that covered the balance and more to give a bridge, so I can reach out to them again on Monday if I get the notice to see if they can help again but afraid to hold my breath on it.
I was finally able after 2 months of job hunting to get a part-time job that I started this Monday and will get my first paycheck on or by the 31st and also make up the difference to delivery driving to cover the balance, which I left a message today with my leasing office before going into work in case they're willing to accept that or proceed with the eviction process. Either way this is all I can tell the court unless a charity can help.
Part of me wants to accept it and leave, although I'm concerned about how I'll handle it mentally having to find a place to live in a few weeks, the physical move itself, downsizing, etc and all the stress and logistics that come along with that, as I plan on filing bankruptcy anyway in the near future or whenever I'm able to afford the ~$500 to start it. The reason for filing will be to also relieve a very upside down car loan, as well as medical debts. So it would resolve the eviction as well, and while a bankruptcy won't look good on my credit, it's already tanked anyway so rebuilding from the ground up is the plan regardless.
However I obviously don't want to lose my home of the last 4 years, but I'm not confident my landlord will be comfortable accepting this situation again. My lease was renewed automatically for 6mos, ending again on/around the new year, which I do want to uproot again anyway. It just sucks that this may be happening in this way much sooner.
This is mostly a vent, but I'm just tired of the struggle and don't really know where my head is at anymore.

741:
I don’t have much yet, but GME was once 1 share then it got split in to 4…. Now with this news about mixed shelf offering, could this somehow be related to the “7.” Share your thoughts!
——————————————————————-
MIXED SHELF SECURITIES: FULL EXPLANATION
(Copied directly from website)
What is a Shelf Offering?
A shelf offering is a way companies can pre-register securities that can be sold in the future. A shelf offering allows the pre-registered securities to be sold in the future without needing to get approval or review from the SEC at the time of sale(s). Shelf offerings are permitted under SEC Rule 415. As the name implies, a company registers the securities with the SEC that it intends to sell in the future and puts them “on a shelf”. Once ready to sell, the company takes the securities “off the shelf” and sells them in what is called a takedown offering.
Typically, a shelf offering provides a company with a 3-year window to sell the pre-registered securities. One of the main benefits of a shelf offering is the flexibility provided to companies to choose when and how much to sell of the pre-registered securities at any time during the 3-year window. Often times, companies use shelf offerings to have the option of quickly selling securities when market conditions are more favorable at a future date.
Companies can use shelf offerings for securities such as common stock, warrants, convertible debt, or preferred stock. A company can also offer a mix of different securities referred to as a “mixed offering.”
———————————————————————
What is a Shelf Registration?
A shelf registration is a registration statement with the SEC that allows a company to initiate a shelf offering. The main SEC form required for a shelf offering is Form S-3 for a US company and Form F-3 for a foreign company. Pursuant to Regulation S-K, a Form S-3 includes a base prospectus and other information about the securities being offered.
A Form S-3 can be a lengthy and detailed document, but the main components include:
• A summary of the company’s business and organizational structure • Risk factors that could affect the company’s business operations and financial condition • How the company intends to use the sales proceeds from the offerings • Details about the securities being offered • Distribution methods planned for selling the securities
————————————————————————
Use of Proceeds for a Shelf Registration:
A key section of the shelf registration Form S-3 is the “Use of Proceeds” section. The “Use of Proceeds” section provides insight into a company’s motivation and intent behind the shelf offering. A lot of times companies state that the intended use of the proceeds from shelf offering sales is for general corporate purposes. You might be asking yourself, “What exactly does general corporate purposes mean?”. That’s a great question.
General corporate purposes doesn’t have an exact definition and is ideally supposed to mean using proceeds for anything related to growing the company’s business and driving profits for shareholders. Ultimately, general corporate purposes means the use of the proceeds is at the discretion of the company and its key decision-makers.
If a company does have a specific plan for the use of the proceeds, such as refinancing debt or launching a new product in the future, the details may be included in this section. In the case of a secondary offering with selling shareholders only, the use of proceeds section will explain that the company will not be receiving any proceeds from the sale of securities and all proceeds will go directly to the selling shareholders.
————————————————————————
Eligibility and Requirements for Shelf Registrations
Companies must meet certain eligibility requirements to be approved for a shelf registration and to conduct a shelf offering. There are many intricacies involved with company eligibility requirements as well as with requirements for different types of shelf offerings. Generally, there are some main requirements for companies and for each type of shelf offering. To be eligible for a shelf offering, the company must:
Company Eligibility:
• Have a public float of at least $75 million. • Have filed all its required financial reports and materials with the SEC within the previous twelve calendar months. • Not have defaulted on any of its debt, preferred stock dividends, or rental leases. Not have had a bankruptcy in the past three years. • Not have been convicted of any securities or financially related crimes in the past three years.
For primary offerings, the company must have at least one existing security already registered with the SEC. For secondary offerings, the securities being offered must already be publicly traded.
————————————————————————
“Baby Shelf” Requirements
A company that does not have a public float of at least $75 million may still be eligible for a shelf offering by meeting “baby shelf” requirements. Some of the requirements include the company:
• Has at least one class of common equity securities currently trading on a national exchange. • Is not currently and has not been a shell company for the previous twelve calendar months. • Does not sell securities cumulatively worth more than one-third of the market cap of its float in any 12 consecutive months.
————————————————————————
Well-Known Seasoned Issuer (WKSI)
Larger companies can qualify with the SEC as well-known seasoned issuers. Companies with a WKSI designation receive the benefit of their shelf registrations automatically becoming effective upon filing without needing SEC review or approval. Some of the additional benefits a WKSI receives are being able to do shelf offerings with unspecified amounts of securities and having fewer disclosure requirements in their prospectus such as the names of selling shareholders. To qualify as a WKSI, a company:
Must meet all the standard eligibility requirements:
• At any point within 60 days of filing its shelf registration, must either: • Have had a market cap of its float of at least $700 million. • Have issued at least $1 billion of non-convertible securities (other than common equity) in primary offerings in the last three years.
————————————————————————
How Do Companies File Shelf Registrations?
The shelf registration Form S-3 is filed with the SEC and available for review by investors as a preliminary prospectus, but doesn’t become effective until undergoing review and approval by the SEC. The review and approval process can take anywhere from a few weeks to a few months. You can search for, analyze, and see the effective date of a company’s Form S-3 filing on the SEC’s EDGAR database.
————————————————————————
How Do Shelf Offerings Work?
The first step in the process of a shelf offering is for a company to file a shelf registration with the SEC. Once the shelf registration Form S-3 is approved by the SEC and becomes effective, a company can start selling the registered securities immediately, on a continuous basis, on a delayed basis, or by a combination of methods.
When the company sells the securities in a takedown, they file a prospectus supplement containing important details about each sale such as the terms of the offering and distribution method. The main benefit of a shelf offering is that even though companies file a prospectus supplement when executing the sales of the pre-registered securities, they don’t have to wait for the prospectus supplement to be reviewed and approved by the SEC in order to commence the sales.
————————————————————————
Continuous Shelf Offering
A continuous shelf offering enables a company to start selling securities immediately after the shelf registration becomes effective and then continuously thereafter. A continuous offering doesn’t require a company to continuously sell securities after the first batch is immediately sold; it gives them the opportunity to do so if they choose to within the 3-year window of the shelf registration.
If a company knows it needs to sell securities immediately but they aren’t sure if it will need or want to again in the future, it can use a continuous shelf offering to at least give it the opportunity to sell securities in the future after the initial sale.
————————————————————————
Delayed Shelf Offering
A delayed shelf offering is when a company has no present intention of selling securities, but it would like to have securities pre-registered to potentially sell in the future. Like in a continuous offering, the pre-registered securities can be sold at any time and in any quantities during the 3-year shelf registration window. A delayed offering doesn’t mean that a company has to sell the pre-registered securities before the 3-year window expires, only that it has the option of doing so if it chooses.
————————————————————————
Primary Shelf Offering vs. Secondary Shelf Offering
Primary Shelf Offering:
A primary shelf offering is when a company sells a new security that is not currently trading on the market. A few examples of primary offerings are a new class of common stock with special voting rights or new convertible debt. In a primary offering, you are buying securities directly from the company and the proceeds go to the company.
Secondary Shelf Offering:
A secondary shelf offering, commonly referred to as a follow-on offering, is when more of an existing security that is already trading is sold into the market. A secondary offering can be dilutive or non-dilutive. It’s important for traders to carefully read the company’s shelf registration to understand if the shelf offering will be dilutive or non-dilutive.
————————————————————————
Dilutive vs Non-Dilutive Shelf Offerings
A non-dilutive secondary offering is when existing shareholders (such as employees, investors, or debt holders) sell their securities into the market. No dilution happens in this scenario because the shares are already factored into the outstanding share count and the shares that are sold only get added to the float.
A dilutive secondary offering is when a company creates and issues new shares of a security that is already trading. Dilution happens in this scenario because the new shares raise the outstanding share count and are also added to the float.
————————————————————————
Ways Shelf Offerings are Sold
Companies can choose to use a variety of distribution methods to sell securities in a shelf offering. You can view information about the company’s planned sale distribution methods in the “Plan of Distribution” section of its Form S-3. Some of the most common sale distribution methods of shelf offerings are through “at-the-market” transactions, private transactions, and underwriting transactions.
At-the-Market Transactions:
An at-the-market sale is when a company sells shares into the market at current market prices. At-the-market transactions can be facilitated by selling shares into the market through market makers, agents, or distributors. The shares could also be sold to a market maker who then resells them into the market. The ability for companies to sell shares into the market without warning is what makes shelf offerings a scary prospect for dilution. If not facilitated in the best way, at-the-market transactions can also cause stock prices to get quickly hammered down by a large number of shares suddenly being dumped into the market.
Private Transactions:
Private sales or private placements are facilitated outside of the public trading market. Private sales can be made for primary or secondary offerings. Private buyers could include financial institutions, accredited individual investors, or mutual funds. Private transactions may occur at fixed or negotiated prices different than the current market price.
Underwriting Transactions:
Underwriters typically enter into purchase agreements with companies with the intention of reselling the shares themselves into the market. Underwriters for shelf offerings commonly include investment banks and broker-dealers. Instead of a company doing an at-the-market sale and potentially spooking the market, they can sell the shares to an underwriter at a discount to current market prices who then will try to resell the shares into the market for a profit.
————————————————————————
Advantages of Shelf Offerings

1. Quick Access to Capital Markets:

A shelf offering allows companies to quickly sell securities and raise capital when they feel the timing is right. The hard work for companies is done up front during the shelf registration statement filing process which then makes it an easy and efficient process for companies to execute sales of the pre-registered securities down the road.

1. Control and Flexibility of Sales Timing:

Shelf offerings extend to companies a 3-year window of opportunity in which they can sell securities at any point. Effectively, shelf offerings give companies the ability to raise capital on an if/when-needed basis during a 3-year window of time. Shelf offerings also give companies the flexibility to sell securities and raise capital all at once in the future or at different times in the future. A company with an active shelf offering has the opportunity to wait until market conditions are most favorable for it to raise capital.

1. Faster Registration Processing:

Traditionally, every time a company wants to do a primary or secondary offering, the SEC requires a registration statement to be filed for the securities being offered. An advantage of a shelf offering is that the shelf registration Form S-3, usually, can be reviewed and approved by the SEC quicker than a traditional registration Form S-1.

1. Simpler SEC Forms and Reporting Requirements:

SEC filings can be a costly and time-consuming process for companies. Generally, a shelf registration statement Form S-3 has fewer disclosure requirements and simpler reporting requirements than a traditional registration statement Form S-1. A shelf offering also allows a company to utilize an advantageous legal concept called incorporation by reference. Incorporation by reference is a practice in shelf offerings that permits companies to simply follow all their standard SEC reporting requirements, such as 10-Qs and 10-Ks, and incorporate the reports into the shelf registration Form S-3. In other words, a company can satisfy part of its reporting duties in the Form S-3 just by including references to its other past, current, and future reports.
Therefore, companies can keep shelf registrations current by using incorporation by reference instead of having to continually make amendments to the Form S-3 or file new registration paperwork with the SEC every time they sell securities in a takedown. The simpler reporting and paperwork requirements involved with shelf offerings, compared to traditional offerings, enable companies to save time, reduce costs, and deal with less complicated filings.
————————————————————————
Why Do Companies Issue Shelf Offerings?
Companies issue shelf offerings for numerous reasons. Some companies may issue shelf offerings for the purpose of raising capital for immediate or short-term needs. Other companies may issue shelf offerings solely for the purpose of having the option to sell securities when and if needed in the future with no immediate intention of selling securities.
Some of the primary reasons companies may use shelf offerings include to retire or refinance debt, fund dividend reinvestment programs, raise capital to strengthen their balance sheet, raise capital for a potential acquisition, raise capital for general operating expenses, or to provide a liquidity outlet for existing insider shareholders that want to sell. The reason(s) for a company issuing a shelf offering can either be positive or negative, depending on the company and circumstances. The company’s Form S-3 will provide traders with more insight into the company’s reason for the shelf offering.
Examples of Shelf Offerings:
Dividend Reinvestment Program-
Say, company XYZ wants to start offering a dividend reinvestment program (DRIP). They choose to utilize a shelf offering solely for the purpose of facilitating the DRIP. They check the box on Form S-3 stating that the only securities being offered are specifically for a DRIP. As previously mentioned, it’s critical for traders to read the company’s Form S-3 filing to understand the purpose of the shelf offering and not automatically jump to the conclusion that the company is another serial diluter trying to take advantage of favorable market conditions to cash out.
Failing Company Burning Through Cash-
Say, a biopharmaceutical company is in the process of developing a new drug. They are poorly managing their business and they are burning through cash. They need to continually raise cash in order to keep the company operating and keep working on their drug. They file a shelf registration for a continuous shelf offering to be able to sell up to 20,000,000 new common stock shares in dilutive secondary offerings. They immediately sell half the shares to raise the funds they need to continue operating for the next year and put the remaining half of the shares “on the shelf” to potentially be sold in the future. They got the cash they need with the initial sale, but also have started to dilute shareholders. Six months later, they have already burned through all the cash they raised from selling the first 10,000,000 shares. However, they have just announced a breakthrough development for their drug and the prospects of the drug look great. On the positive news, their stock price jumps.
They decide to take advantage of the elevated stock price by taking another 2,000,000 shares “off the shelf” and selling them in an “at-the-market” offering which allows them to raise more working capital, but further dilutes shareholders. This cycle continues for a few more years until all the shares have been taken “off the shelf” and sold into the market, leaving shareholders significantly diluted.
Failing Company Burning Through Cash Launch a Future Product-
Say, a tech company is silently building a new revolutionary AI product behind the scenes that the public doesn’t know much about. They are currently financially healthy and have no need for raising capital. However, they plan on initiating a massive marketing campaign for the new AI product once it is ready to launch. They know the marketing campaign is going to cost a lot of money that they won’t be able to afford, according to their future financial projections. They decide to file a shelf registration for a delayed shelf offering to be able to issue new debt in a primary offering when they are ready to start the new product marketing campaign. By using a shelf offering and pre-registering the debt securities they intend to sell in the future, they will be able to raise the capital they need for the marketing campaign quickly and efficiently when they feel the window of opportunity is best.
————————————————————————
Is a Shelf Offering Good or Bad? The Short Answer It depends.
There are a number of factors that can determine whether a shelf offering is good or bad including, but not limited to, if the company is considered a serial diluter, what the company is going to use the funds for, the timing of when the company chooses to sell its securities in a takedown, and the types of securities being offered.
The Good-
•Companies that have shelf offerings in effect have the ability to raise capital efficiently when market conditions are favorable and maintain flexible control over their balance sheets. • Shelf offerings provide a growing company with plenty of available runway to continue raising capital and fueling its growth. • Shelf offerings used exclusively for a DRIP provide an efficient way for investors to reinvest in the company. • Shelf offerings grant companies a quick lifeline for raising capital if their financial condition becomes poor. • Shelf offerings authorize a way for existing insider shareholders to sell their shares into the market and provide more liquidity to the market without negatively affecting the stock price in a significant way if done properly. • Shelf offerings make it easier and less expensive for companies to access capital markets. •if a stock has extremely high demand but a low share count, a shelf offering can be used instead of a traditional IPO to bring more shares into the market in a more fluid process, giving more traders and investors access to the shares.
The Bad-
•Even when a good company does a shelf offering for good reasons, dilution can still result. • Due to a certain reputation that shelf offerings currently have, it’s extremely common for a company’s stock price to drop as soon as a shelf offering is announced, or a takedown sale is executed. • Regardless of what the shelf registration statement says, you may never truly know what the intentions of the company are. • When a company’s stock price significantly increases, it can be very tempting for a company with an active shelf offering to take advantage of the higher stock price and start selling new or existing shares to cash out, consequently diluting shareholders. • Companies that continuously use shelf offerings to dump new shares into the market can be considered in the trading community as serial diluters. These types of companies can have a reputation for manipulating their float, diluting shareholders, and recklessly burning through capital without increasing business results in any kind of significant way. •Shelf offerings can be seen as a bad omen for companies with a dubious reputation because a shelf registration is, essentially, a green light given to a company that could allow nefarious executives or board members of the company to dilute the company’s stock at will and potentially use the proceeds of securities sales for inappropriate “general corporate purposes” such as buying a company jet or funding their own lavish lifestyles via execute bonuses.
————————————————————————
Conclusion-
Shelf offerings have been rising in popularity as an alternative way to raise capital during volatile market conditions. Shelf offerings can be complex, not every company utilizes shelf offerings in the same way, and each shelf offering has unique characteristics. Traders should always be sure to read a company’s shelf registration Form S-3 and any relevant prospectus supplements to understand the shelf offering.
(Copied directly from website.)
https://centerpointsecurities.com/shelf-offerings/
————————————————————————
Everyone here is an individual investor and has an opinion of their own whether this is good news or bad news depends completely on your own bias and views. Personally, I trust the GME board or at-least Ryan Cohen that I do not believe that the “bad” is true in this scenario/company. If this was any other company I would not trust the board to use this as anything but a way to use shareholders as their cash grab. I truly think the board believes the stock price will go up soon or be very volatile which they can use to make the company’s balance sheet much stronger.
My other input is that GameStop is going to be doing the offering through Jeffries that will earn a 1.5% commission from the shares sold. GameStop is there client and probably has an agreement ahead of time on when to sell and not sell shares, on top of that it is in the best interest of Jeffries to only sell shares during the highs in order to make more off there commission.
Lastly, this takes money directly from shorts pockets in to the pockets of the company if they only sell during the volatile times when stock price is sky rocketing.
Stay Zen.

I recently said I'd never buy another share, but...
I can't help but feel this would be a really good time to buy, I know that obviously .15 would have been better as we're nearly up 100% from there, but my views have changed since it was .15.
First part of my thinking is that we're currently at .25, is there more chance in a few months time we'll be higher than lower, or at the very least about the same? My feeling is yes because:

1. So much bad shit is now priced in, like dilution, RS, risk of bankruptcy.
2. Surely the risk of bankruptcy in the immediate future is nil because of this funding deal? Therefore I can't think of any reason why we'd have a huge drop, though I suppose it could end up back down to .15 on no news which would be nearly a 50% loss. I suppose when the 10-Q gets filed with going concern warning removed that it will make it official that short term bankruptcy risk has gone.
3. I feel like the bad news cycle can't possibly go on any longer.
4. Bound to get enough orders come in so they can at least get production re-started and have some positive announcements about this.
5. Although we may have an RS and a huge drop afterwards, I expect a quick recovery of SP afterwards. Based on XOS, CENN and GOEV's post-RS performance.
6. I just don't see how shorts are going to keep paying interest on 61 million shares if risk of bankruptcy is gone for 1 to 2 years. Them closing will push us up.
7. When interest rates finally get a reduction, we'll benefit.
8. When the California ACF rules finally gets enforced or at least some companies decide to just get ahead of it, we should get more orders.

Second part of my thinking is, if we end up going up a load from the current market hype I'll be glad to be making less losses, but pissed that some randomers come along and make hundreds of percent profit, while many of us are still in the red. Which will I regret more, risking a few grand more, or missing out on turning a few grand into a few tens of thousands?
And it's not just the current market hype, but the chance we might actually go up a load based on the announcement of the big one. I've seen a stock with our market cap 1000% in 1 day from an announcement, So there's that too.
The risk reward ratio seems good right now. I'm thinking maybe the best option is to make some small buys spread out a bit to reduce risk in case there's a dump.

I've seen quite a lot of discussion regarding Howler because of the latest chapter and I'd like to share my own notes. These are more of notes and observations on things that I've not seen talked as frequently about.
First off, Howler could be a play on the Hawaiian slang "Haole". The term is used to describe anything not native to Hawaiian, specifically people, and sometimes would be used in conjunction with terms like "invasive", "foreign", etc.
Something to note with Howler's logo is that it is a wolf howling. Hawaii does not have any native wolf creatures and the closest thing it does have is wild dogs, which were historically used for guarding, food, and companionship. With the ongoing trend in America being businesses trying to incorporate local culture or the culture of whoever owns the business, one would expect Howler to have a logo more akin to Hawaiian culture or resemble an animal that is native to Hawaii. Instead, we have a wolf, which indicates two possibilities: Howler from the start was a foreign business now greatly involved in Hawaii's society or Howler used to be a local business but overtime was taken by foreign management and stakeholders.
The choice to make it a wolf is also interesting when you look at Hawaiian mythology. Kaupe is a wolf-appearing malevolent spirit known to lure its victims. He would wander at night and mimic sounds of people begging to be saved; sometimes, it's the voices of the victim's loved ones claiming to be hurt or need help. Once the victim runs out to try saving them, Kaupe would reveal himself and scare the victims that they die via suicide. The spirit is described to be an ʻōlohe, or dog-man, with a dog-like head and sharp claws. The ʻōlohe were demigod shapeshifters known to not only be strong warriors but tricksters as well. Kaupe, prior to being a spirit, was a ʻōlohe known for terrorizing people and was killed after attempting to sacrifice a chief's son. Modern retellings would consider Kaupe the Hawaiian variation of a werewolf. Nowadays, people claim you can hear Kaupe try to call hikers or travelers who try to venture into more dangerous areas of the forest.
Also, despite this being heavily disputed, I think it's worth mentioning that "wolf" is a slang in Hawaii as well. A wolf is a Haole who intentionally pretends to be native Hawaiian, oftentimes for malicious purposes. I saw a thread of people asking whether this slang is actually legit but I think it's worth pointing that it may have been used as a slang at some point. In general American slang, calling someone a wolf means they are aggressive when it comes to pursuing their goals. In business, it's someone who is uncompromising. In relationships, it's someone predatory.
This basically proves that Howler is more than just a random business: it's a parasitic corporation originally from the mainland that managed to creep into Hawaii due to its position as an infrastructure development company. Given how valuable water is in Hawaii and societies in general, Howler has its hands on the water supplies and are now doing shady things with it.
Note that the way Howler got to where they are now is more akin to creeping and taking advantage of Hawaiian laws to ultimately take control. I like to think that Howler started out as a completely different business: a local Hawaiian-founded and own non-profit dedicated to researching and improving infrastructure on the island that, in desperation due to bankruptcy, let themselves be bought by a mainland business that was interested in turning their research into profit. Howler's stakeholders were careful to sneak through, but it looks like they have gotten sloppy due to the mention of a congressman investigating their practices. Note how we had that whole thing the past few years where CEOs from social media companies had to sit in front of Congress to be investigated for their business practices.
We'll eventually know their motivations and how that led them to grow to what they are now. But, this corporation is obviously not making society "better" out of sheer love or respect for Hawaii and its people. In the meantime, here are my notes on Howler's water supplies.
EDIT 1: rewritten for formatting since this was originally posted on mobile.
EDIT 2: It could be possible that Howler's logo is not depicting a dog but instead a ʻīlio, or poi dog. These are a native Hawaiian dog breed that ultimately became extinct because no one eats dogs in Hawaii anymore and the breed was interbred with other dog breeds. The ʻīlio were associated with protecting children and described to have stubby legs similar to a corgi. When drawn in the past, they would be drawn with curled tails and pointy ears. They were described to be rather dumb, slow, and fat dogs that were also stubborn. Nowadays, poi dog is the term used to describe mixed breeds or mutts that are specifically willing to eat anything. They've become smarter but stubbornness still persists. If that's the case, the logo looks very vague and one cannot tell if it's a wolf howling or a ʻīlio. More proof that Howler is intentionally disguising themselves as a "local" corporation or one that values Hawaii, but in reality is a "wolf in disguise".

Hi everyone! So my wife and I are in a bit of a tricky situation and just wanted to ask for advice.
We moved to the US in 2018 from the UK, we bought a house and had two children here, this is our home and we plan to stay. We are both here on separate H1b visas, and my spouse’s is due to expire at the end of this month. We’ve seen this coming for a while of course, and so I’ve been in the green card process for a number of years with my employer, but unfortunately the timings haven't worked In our favor. I have an approved PERM and I-140. We have since filed for adjustment of status I-485 and associated I-765 EAD. Because we could see the timings would be tight, we paid for premium processing on the I-140, to allow me to put my spouse on a H4 and get an EAD via that parallel (potentially faster) oute. I just received the paper i797 notice for the I-140, and concurrently filed I-539 and I-765 to adjust to H4 with EAD.
In any case, based on the current timings, neither of these EADs will come before my wife’s current H1b ends (we have already recaptured all time spent out of the US). My wife had taken a bunch of time off as parental leave for our recent baby, and so financially we are not in a great position right now, as we have eaten our savings to cover this leave. Without my wife’s salary we are short about $3k a month, just on our financial obligations (HCOL area). Because of this, I think we have a good case for an expedite request, which I will submit as soon as I get the USCIS receipt numbers from my applications.
Best case scenario is that this request gets approved, and she is out of work for a month, no big deal. But in the worst case and it gets rejected then she could be out of work for 6-12 months – at which point we would teeter on bankruptcy and probably have to return to the UK.
My question is, what is the actual risk of her continuing to work? Firstly, I know this is illegal and we should definitely not do it. But at the same time we have already applied for the I-485 and have never worked without authorization and so we have completed those forms truthfully.
For example let’s say hypothetically the expedited EAD gets approved and she worked for 1 month in the gap between her H1b and the EAD – would this even be detectable? How about for 6 months? She has a SSN and receives a W2 each year, so there is obviously a paper trail. We of course don’t want to jeopardize the green card process, but at the same time we don’t want to bankrupt ourselves. Is it worth the risk, or just suck it up and hope that we get lucky with the timings?
Thankfully my wife’s employer is very understanding, but the schedule folks are not too pleased with the wide 1-12 month estimate before she can return! (just writing that makes it seems so silly ‘you can work now in your skilled position in the public interest, but then you have to stop for a bit because the process takes a long time, but don’t worry, you can work again once we get round to it. But we don’t know how long that will be. Feel free to stay though!’ )

I'm in desperate need of a lawyer that can handle my false collections case....I have asked for proof of my debt in writing via certified mail to an address that is listed on their BBB account.
Turns out, they've changed their address 4 times it seems since 4 different locations (2 BBB, 1 Experian, 1 Transunion) show different addresses in different cities. I sent this out on the 22nd of April, and it's the 16th of May. Track the postage and turns out it's back en route to me since I'm assuming this address isn't even real.
I've submitted BBB Claims stating these things, then requesting validity/verification of debt, and all they do is provide me an old lease and nothing stating they own this debt and no acknowledgment from myself or anything in writing by me in ties with them.
This is originally from an old apartment complex in Denver that is no longer in Business anymore and they appeared to disappear from the map (bankruptcy most likely).
All of this is extremely shady and honestly, this along has ruined most of my adult life and if I don't get this solved now I don't know what to do.
I can't even get a new place for rent cause of these scumbags since it appears that I owe them a 5 figure amount for som b/s.
I thought with me going through these channels would be able to build my case and provide the MOST documents to an apartment complex, but all these shady place use A.I (realpage) to screw us over more and don't have a heartbeart internally or just don't care.
I am at the place now that this has caused me so much distress over the last 3+ years that I want to litigate this and get a resolution.
Anyone able to help? I don't have much funds but I have nothing else to do and have lost hope....I'm praying for a friend.
Thanks for coming to my Ted Talk (Sob Story)
Edit: This collection agency now resides in Tennessee. Which I also made a complaint to the Tennessee State Attorney General

The success of traders is not always easy, since there are hundreds of losses behind. Their lives are marked by both triumph and drama and surrounded by money, speculation and fortune.
We prepared a list of the most famous market makers, including legendary traders in history and modern day traders. Learning from mistakes, thinking ahead and being flexible has helped them become successful traders. Keep reading this article to be inspired by their great feats.

1. George Soros

George Soros, alias "the man who broke the Bank of England," was born in 1930 in Hungary. Being Jewish, he survived the Holocaust and fled the country at the time. He is one of the most popular and famous traders in the world. In England, Soros worked as a waiter or railway porter before graduating from the London School of Economics. This led him into the world of banking when he rose to the position of merchant banker at Singer & Friedlander.
With the help of his father, he moved to the United States to work at a Wall Street brokerage firm. Following his successful results at several firms, George created his hedge fund in 1970, called "Quantum." There he rose to fame.
In 1992, Soros made a huge bet against the British pound and made one billion US dollars in just 24 hours.
Quantum accumulated £3.9bn, and Soros borrowed more to raise a total of £5.5bn. But sterling began to fall. Soros then shorted the £5.5 billion against the German mark on September 16, also known as Black Wednesday. This contributed to the fall in the price of the currency and forced the United Kingdom to leave the European Exchange Rate Mechanism.
The result was one of the fastest billion dollars anyone has ever made and one of the most famous trades in history, which later became known as “the Bank of England collapse.”

2. Jesse Livermore

Jesse Livermore's life could serve as the basis for a movie story. Born in 1877, he was destined to be a farmer, but ran away from home to become a multimillionaire. His story is wrapped up in money, lovers, bankruptcy and scandals.
At a young age, Jesse Livermore learned to read and write, became interested in news and economics, and learned to analyze prices. With experience, he mastered detecting trend reversals and popularized modern technical analysis. Livermore was one of the first to use stop losses, a risk management tool that traders still use today.
Jesse made his first $250,000 selling stocks just before the San Francisco earthquake. In 1925, he made US$3 million by shorting wheat. He then made about $100,000 in profits by short-selling American stocks before they crashed in 1929. One of the richest and most successful traders of his time, Jesse earned the nickname “The Gambling Boy.” .
However, Jesse went through several bankruptcies. He managed to get back on the market in the first two cases, but the third bankruptcy was fatal. He made a mistake and lost all his money in 1929.
Combined with family tragedies, stress, and other failures, Jesse Livermore realized he would never be able to operate the same way again. In 1940, he shot himself to death.
By the way, her son Jesse Livermore Jr. fell into the same habits as his mother, who suffered from alcoholism, and took his own life in 1975. This happened while he was drunk, after shooting his beloved dog and trying to shoot a police officer.

3. William Delbert Gann

If you are a trader who practices technical analysis, you have surely heard the name of WD Gann and his trading theory. William Delbert Gann was born in 1878 in Texas, the first of 11 children in a poor family dedicated to growing cotton. He did not finish primary or secondary school because his parents expected him to work on the farm.
Gann believed that the Bible was the best book and obtained most of his education from it. Her writing style is full of mystery, esotericism and an indirect style that many find difficult to follow.
However, Gann created powerful technical analysis tools such as Gann angles, the hexagon, the 360 ​​circle, the 9 square, and many more. Most of them are based on ancient mathematics, geometry, astronomy and astrology, and are widely used by traders today.
Critics claim that there is no real evidence that Gann did not make profits from investments in the market and that he made money selling investment books and courses. It is unclear to what extent WD Gann became rich from his trading analysis, but when he died in the 1950s, his estate was valued at just over US$100,000.
But the amazing thing is that, a hundred years ago, Gann created trading rules, ranging from basic money management principles to mind games, that still apply.

4. Paul Tudor Jones

Paul Tudor Jones is undoubtedly one of the greatest stock market insider traders in history, with an estimated net worth of around US$7.5 billion.
After graduating from the University of Virginia in 1976, Paul began trading cotton futures on the New York Cotton Exchange. As a curious fact, he lost his job because he fell asleep at his desk after a night of partying with his friends. Paul then worked as a commodities broker and, in 1980, he founded his investment and trading company, Tudor Investment Corporation. The fund managed to achieve a 100% return during its first five years, which is a surprising fact for today.
Paul's biggest prediction was the market crash of 1987, known as Black Monday. Thanks to his accurate prediction, Jones made about $100,000 in profit instead of losing money.
Paul Tudor Jones developed his own trading strategy, which helped him be successful. His main rule is to be consistent and not expect quick money. His great risk management skills and realistic expectations of his possible operations allowed him to have a stable income.

5. Jim Rogers

From his youth, Jim Rogers had business acumen selling peanuts and used plastic thrown away by baseball fans. He graduated with honors in History and obtained a second degree in Economics from the University of Oxford. Currently, Rogers' estimated net worth is over 300 million US dollars.
In 1964, Rogers joined Dominick & Dominick, LLC on Wall Street, where he traded stocks and bonds. But from 1966 to 1968, Jim was in the Army during the Vietnam War.
Two years after his military service, Jim joined an investment bank where he met his partner George Soros. In the early 1970s, they co-founded the Quantum Fund, which gained an impressive 4,200% in ten years.
The biggest skill that helped Rogers become a successful trader was his ability to make clear forecasts. In the 1990s, he was right in his bullish forecasts on commodities. Jim has also criticized the inability of the Bank of England and the US Federal Reserve to fight rising inflation, warning that it could worsen before stabilizing.
When he retired, Rogers embarked on a three-year tour of 116 countries in a custom-built Mercedes. He broke the world record for the longest car trip made uninterrupted. He also wrote books detailing his adventures.
BONKbot Telegram User Guide: Sniping 1000x Memecoins
Unibot User Guide
Top 7 Telegram Bots
Get a $100 bonus trading with Binance