The apparent @marcuslemonis plan has always been to get @tZERO into a bankrupt entity so that that @tzero asset can be stripped. That was likely the reason for trying to move @tzero into soon to be bankrupt $FTHM. Since that didnt happen, Marcus likely brought in Alvarez & Marsel to take $NXH to bankruptcy.
@marcuslemonis changed the ticker twice , changed the exchange where the company is listed , walked away from a few signed commitments, bought tokens.com for a few millions $$ and did nothing with it, starting rebranding stores then stopped, started selling luxury watches on overstock but no got no traction and in the meantime he is lecturing Americans on the economy and how to run businesses.
the fact that the BOD let him waste public shareholders money for running his personal experiments is utterly shocking .
Fear couldnt respond in the thread because Trees is nuts and blocks everybody but what is your definition of flying? Price range?
Positive cashflow would send $NXH flying from these levels. I think the e-commerce side can easily achieve that, along with the physical retail side once expenses are under control.
It’s the timing of the dilution to fund everything that has been atrociously executed imo.
@tZERO has received CFTC approval for its wholly owned subsidiary, tZERO DCO, LLC, to operate as a Derivatives Clearing Organization (DCO).
The approval expands tZERO's regulated infrastructure beyond securities markets and furthers our long-term vision of connecting traditional financial markets with blockchain technology through trusted, regulated market infrastructure.
Read more: tzero.com/news/tzero-opens-n…
Doc34 retweeted
I bought in for exposure to tZERO equity and Grain Chain. At this point, I think Marcus’s decision making will erase whatever value those assets create, even if they succeed. The market seems to agree; just look at NXH’s share price.
I hope I’m wrong, but the numbers speak for themselves. Many cheerleaders bought higher, and even those who came in at $3 or $2 are underwater. Many arrived pitching the acquisitions and the "Marcus playbook." Now they’ve lost half their investment, and that playbook is gone.
Marcus talks big, makes poor decisions, and has yet to deliver on a single promise. There’s no humility either. He’s fired people he hired, and every time a plan changes, he credits "listening to shareholders." In my view, he wasn’t listening to shareholders. More likely the board stopped the last deal because his tZERO idea was so ill-conceived.
We’re also still waiting on an update for tokens.com, another of the so-called pillars. There are no pillars left. What we have is a CEO who has failed shareholders and cost us a lot of money.
No Santa this year. $NXH
I’m doing that, @BedBathBeyond! Planning for how I’m gonna tell the family during Thanksgiving that we won’t have Santa this year bc Dad made a mistake and bet a jockey he shouldn’t have in @marcuslemonis! 🤣😜
But for real, Marcus. What’s the plan, man? You off the horse? $nxh
Home ownership is a 360 degree relationship. As I said from day one, we @BedBathBeyond will be the leader in this. I didn’t come here to only sell towels or rugs. $BBBY
4 Corners of the property and 4 walls of YOUR HOME
Data collection
Blockchain
Tokenization
Asset Acquisition and Dispositon
Home Services
Been begging for ads. Hope this is getting out them somehow other than just your X page but I’ll take it. $NXH.
Like my friend Pawn Sauce, I contacted the City of Peabody and they have not heard of any permits being submitted for BBBY signs. Asked how long their approval/response process is when an application is submitted and they said within 30 days. Tied up in permitting is first class nonsense. Peabody was recently named the hottest zip code in America, you would think you guys might want to put your foot on the gas pedal with this one? $NXH @tZERO
Doc34 retweeted
@AvaLabs @cryptoreine How about it?
I (and many others) did in fact ask Marcus not to do the $FTHM deal, so I like that being dead and not moving the tech assets. I did also in fact ask Marcus to put his own money into $NXH to fix the WC/inventory issue but today’s announcement was far from the structure I had in mind. I was thinking a personal loan at a favorable rate, not something that added yet even more dilution with guardrails, protections and benefits for Marcus. I wanted a STATEMENT that he was backing himself in these turbulent times. We got about 10% of that today. The dilution is hitting so hard now, the huge upside we once had has been demolished.
The never-ending soap opera continues.
@tZERO
Good Morning @marcuslemonis , I generally don’t like to tell other people how to spend their money and this certainly won’t be a “fix all” but at a time like this if you were to make a splashy buy of $NXH ($1M+) it would go a long way to signal to shareholders that you believe in your plan and what’s going on right now. The market (and we) need a signal for the positive.
@tZERO
Doc34 retweeted
And optionality . Solid work @Alan_Konevsky
Tokenization brings "speed, transparency, equity and equality of access" to markets, things not available in a traditional marketplace.
@Alan_Konevsky, CEO of @tZERO, tells @JD_Durkin it's also "naturally suited to enable an AI economy," as machine to machine trading and financial interactions keep growing.
This is all we've been asking for @marcuslemonis , to support Alan & @tZERO and let them do their thing. We can all come out winners here if everyone plays nice and is on the same page. Glad to see you being publicly supportive. $NXH