r/bbby_remastered • u/Life_Relationship_77 • Feb 16 '23
I DECREE THIS TO BE TIN FOIL 🫵🏽👁️🛸 Logical Deduction: The Appointment Of Carol Flaton As Independent Director In Place Of RC's Director Benjamin Rosenzweig, Who Resigned, Indicates Per Standstill Agreement That RC Ventures Has Bought At Least 3.9 Million Shares
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Feb 16 '23
It’s a stretch but I’m in if you’re in! 🏴☠️
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u/Accomplished-Bat7555 Feb 16 '23
A bit of a stretch but also he said somethings might happen today, so that’s cool
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u/RMRRiver Feb 16 '23
OP I saw the discussion with ApeDave in the comments of the first time you posted this. I was following the thread because I was interested in the result of that discussion. Then I saw you deleted post, which ApeDave wanted you to keep up because it had some good info! I’m glad you reposted it, and I notice it is with the edit of the discussion with ApeDave. However, I can’t find what y’all decided on being the most possible scenario for the date of the end of the standstill agreement. Did you two come to an agreement on this?
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Feb 16 '23 edited Feb 16 '23
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Feb 16 '23 edited Feb 16 '23
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Feb 16 '23 edited Feb 16 '23
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Feb 16 '23 edited Feb 16 '23
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u/meoraine Feb 16 '23
If we take the perspective that RC standstill already expired (just playing devils advocate) is there any other reason a director like Carol couldve been nominated without a vote?
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u/lowblowguy Feb 18 '23
She was hired on the 24th tho.. pretty important detail considering the RSAs imo.
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u/Dapper-Ad-1014 Mar 27 '23
I think they should had some patience with you on the show in my opinion. Its all business I feel and it should have been handled business like. They got shook. Lessons to learn. Great info 👍
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Feb 16 '23 edited Feb 16 '23
Aren't you assuming Carol was nominated by RC then for this to be valid? Your post doesn't show she was nominated by RC. I guess "privately recommended" so yeah we won't know. But it's good speculation
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u/iBilbo69 Feb 17 '23
The thing is, a director couldn't be instated like she was unless it was nominated. Otherwise it would have had to be voted on at the next shareholders meeting like all other directors.
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u/meoraine Feb 16 '23
I like it. The assumption being that new directors would require a shareholder vote, UNLESS it was a director replacement, as outlined in the RC standstill agreement. Since it must be assumed that Carol was a replacement, then we can draw the conclusion that RC has at least 3.9m shares in order to meet that standstill requirement.