2/16/22 Tommie's life update - A pile of failure if there ever was one....

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Business words!
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Tom has been using his money exactly the way I thought he would: brilliantly.
 
Tom really does operate at that level where he's so stupid that the gibberish he says makes you question if maybe you're the dumb one.

Does he understand how being a publicly traded company works? Because no Tom buddy, if someone buys majority share in your company then you won't be the director of sales and marketing if they say you aren't, because they'd own the company. An IPO isn't just creating magic money, it's a process where members of the public purchase ownership of your company. That's why it's called a public offering. You will become the shareholders' employee.

That means if the AMB and kiwi folks decided to communally buy up shares, you'd be working for their profit and they could fire you immediately. They won't because that's stupid and nobody wants shares in your shitty sinking ship of a company, but they could.
 
My business degree comes from the University of YouTube but
1) why would you need an IPO for a merger?
and
2) why the HUGE discrepancy in initial offering price between preferred and common stock?
I'm sure Tommy has taken advice from his portfolio manager and his financial manager on this.
 
Tom really does operate at that level where he's so stupid that the gibberish he says makes you question if maybe you're the dumb one.

Does he understand how being a publicly traded company works? Because no Tom buddy, if someone buys majority share in your company then you won't be the director of sales and marketing if they say you aren't, because they'd own the company. An IPO isn't just creating magic money, it's a process where members of the public purchase ownership of your company. That's why it's called a public offering. You will become the shareholders' employee.

That means if the AMB and kiwi folks decided to communally buy up shares, you'd be working for their profit and they could fire you immediately. They won't because that's stupid and nobody wants shares in your shitty sinking ship of a company, but they could.
Yeah, I want to agree, because in my brain I'm thinking "wouldn't Tom have to be filling at least some form of reporting to the SEC?" and then I think, maybe there's some form of really sketchy OTC stock trading where you can avoid that? Because it's insane to think that Tom or his friends will have actually done the leg work to become an real publicly traded company.

Then you realize he's just talking out of his ass and this is all some sort of cargo cult share structure presumably written out as napkin IOUs. But for half-a-second, you wonder if he's really a secret genius and everything you think you know about finance is somehow wrong.
 
https://youtube.com/watch?v=Ydn2nZbyF3EI bet this is what Tom's getting.
Zambia is like the emerald zone. They're flush with 'em; so much, in fact that they sell imperfect ones in bulk.

Tom's either getting fake shit or stuff that'll be blotty and riddled with other minerals.
Tom's basically already admitted he does seedy shit with his gems. I mean, come on, Thomas, you really don't expect us to believe that seedy restaurant sales is ethical, do you?

FFS, he makes the Howard Ratner character in Uncut Gems look like a saint.
 
Based on Tommy's story, I'd say yes. She'd been trafficked, and the abuse warped her thinking about what is and isn't normal.
The prefrontal cortex is not fully developed until you're 21 years old. It's the part of the brain that allows your brain to process the grounds of such an action and the morality of it.

So of course it felt normal to her at the time... because her brain wasn't developed enough to process that it wasn't. That's WHY so many child molestors, Thomas included, get away with their actions.
 
Literally just shitting out as many business words that he can remember. None of that made sense.

1) why would you need an IPO for a merger?
You don't. IPO is for the public to purchase stock of a recently converted public company. You also usually need an investment bank to convert the IPO and register the company. All of this is a giant red flag that Thomas is full of shit here

2) why the HUGE discrepancy in initial offering price between preferred and common stock?
Common stock usually has a par value (a word he didn't use which shows he is clueless). There are also different classes of stock that he doesn't understand but is pretending to know. His use of stock is like thinking it operates like Patreon tiers. Also preferred stock is rarely offered anymore because you get guaranteed dividends or preferred dividends, hence the preferred name. Since Tommy's "business" has constantly lost money, the idea of having preferred dividends is hilarious. Also, there are formula's based on present value of future cash flow to determine the value of stocks and how valuable they are. That would require Thomas to present years of financial statements but he probably doesn't know the 4 financial statements needed
 
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