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Genco

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Everything posted by Genco

  1. Did you see ESPN's attempt at dramatic television? About as subtle as Oliver Stone.
  2. If the trial occurs after the election, the PAC doesn't have the use of the $200k for the campaign. It'll be sitting on Rice St. earning 0%. If he uses Four Seasons Bail Bonds, the PAC will still have $180k available to spend prior to November 2024.
  3. I'm often amazed by what the Fox anchors believe.
  4. A little context on the broader agreement.
  5. You need to rewatch Under Siege 2.
  6. Amber becomes a cult leader with her couples ministry and "The System."
  7. They include scenery and wildlife fun.
  8. Should've designated it a confederate memorial.
  9. There's not enough information to know exactly how their equity program works. The link above says the grants are based on a $54.20 share price ($44 billion valuation). The stock grants that were announced in March had a valuation of ~$20 billion. (https://www.wsj.com/articles/twitter-offers-new-equity-grants-to-staff-938ee7f8). If the program functions like a typical option grant and the strike price is $54.20, then yeah, the grants are worthless. They'd be worthless at a strike price of $20/share. If the program is simply granting shares to the employees with no strike price (anything above $0.00 would be in-the-money to the employees) AND Elon has committed to repurchasing the grants at some arbitrary price as a liquidity event down the road, then that would be economically relevant to the remaining employees and rather generous. That sounds very on brand for Elon./sarcasm
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