The MOASS already started: We just didn’t know it!

The MOASS already started: We just didn’t know it!

This was posted on Reddit by user u/famishedburritocat entitled The FINAL missing puzzle piece – The MOASS already started we just didn’t realize it until now. Apes Army does not endorse any of the information contained within, nor is this financial advice. DO YOUR OWN RESEARCH ALWAYS.

The FINAL missing puzzle piece – The MOASS already started we just didn’t realize it until now.

Apologies for the clickbait-y title.

Before you read further down this post, please give this a read first https://www.reddit.com/r/Superstonk/comments/pmdr0c/how_nft_taking_a_step_back_to_look_at_where_we/, otherwise the rest of this post won’t make sense.

The one thing that bothered me a lot in my last post was “where the hell is GameStop going to get a list of shareholders when we all know there is fuckery going on in DTCC”, and in search for the answers for this question I discovered some NEXT LEVEL TIT JACKING INFORMATION.

MEGAPHONE SHOUT OUT TO u/SurVVhyNot, u/Toxsic99 and u/GMEJesus for finding supporting evidence for this.Part 1: The role of a Transfer Agent

Let’s look at the role of Transfer Agent listed on Sec’s official site here – https://www.sec.gov/rules/concept/2015/34-76743.pdf page 89-90

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

TA is the recorder keeper for the issuer

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

They keep transfer history too

So, at this point we know ComputerShare is the Transfer Agent for GameStop. Source 1 from SEC

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

2021 proxy here https://gamestop.gcs-web.com/node/18846/html?fbclid=IwAR3Dk8eBXhr68HkOdgqVt-OK6jbGjoRZ2c22s0SJiIgiv20qJgqL6nLzLis secion 9, page 11

THANK YOU u/TOXSIC99 YOU’RE A LEGENDARY WIZARD

This is a whitepaper I found on CS describing what they do as a TA https://www.computershare.com/us/Documents/TA_Overview_WhitePaper.pdf

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

Page 5

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

Page 7

Ok, so ComputerShare has the capability to do these things, that’s good to know, how does this relate to MOASS?Part 2: How did Overstock issue its digital dividend

This was my hand on forehead moment – Dr. T and Wes Christian has mentioned Overstock in reference to battling naked shorting before, I thought, why not look into how they actually did it and how GameStop could do this? Here’s the link to their website detailing this https://www.overstock.com/dividend, they have basically laid out the plan for GameStop to follow.

  1. Type of dividend – in the case of Overstock, they’re treating the dividend as a digital share with voting rights
r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

A type of share, not just a token on the blockchain

2. Where is it stored?

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

overstock has its own trading platform that’s registered with SEC

In their case, they have a platform that’s registered with the SEC, which means they’re thinking it in terms of shares and not just a token on the block chain. Huh, they also use ComputerShare as the Transfer Agent of said security. But wait, as a shareholder I can only buy shares through a subscriber to their platform, that appears to be a problem for the brokers who don’t have the subscriber integration.

3. What are some of the problems with taking the “digital security record keeping” approach?

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

it’s just a ledger which allows no interactions, but hey remember in my last post i said they also need to package a wallet for us to receive them?

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

https://irmagazine.com/technology-social-media/how-overstock-used-blockchain-distribute-its-digital-dividend

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

cash is the only option when it comes to fractional shares in tZERO’s approach, this is how they neutralized Overstock MOASS. this is the Achilles heel in this approachPart 3: How is GameStop going to solve these problems

Again, this post is required reading because this entire section is not going to make sense without it.

GameStop is going to get a list of shareholders from CompusterShare since CS is the transfer agent. Cool, they have a list now but the majority of them are going to be under Cede & Co’s name in CS’s books (see this discussion started by u/GMEJesus), but also let’s take this directly from Sec’s website (again) – https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

when we hold shares in brokers they’re the record keepers aka “street name” registration

Didn’t GME say something about this in their prospectus?

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

page 15

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

also page 15

Cede & Co is going to have to figure out how to distribute those to shares held in their name, now, we know there is fuckery going on so how long will it take for those records to get reconciled? What happens when they can’t reconcile those records?

And, fractional shares, they’re traded over ATS, how do we make sure they won’t be issued like overstock’s cash replacement?

Enter CS’s DIRECT STOCK PURCHASE. There has been so much fud in this area wrt what is considered a book entry. Let’s look at the source material here https://cda.computershare.com/Content/7e2c2c4c-aeb6-4614-83a3-b67e32756a78

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

their DRP (think ATS) allows direct register with fractional shares, it’s book entry just like whole sharesTHIS IS WHY DRS MATTERS, because when you directly register your shares with CS, GameStop will be able to distribute them BYPASSING DTCC altogether and greatly reduce the turnaround time and ENSURE DATA ACCURACY (aka they have access to a vetted list of individual shareholders) regardless of whether you own whole or fractional shares.

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

same sec site https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html “BOOKS OF THE COMPANY”

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

It says pretty much the same thing on Overstock’s website https://www.overstock.com/dividend, they integrated tZERO system with CS already imo

GameStop is building the platform (think tZERO) that’s going to solve the problem with (cash) fractional shares by creating fractional tokens with ERC-20 and ERC-721 that don’t necessarily have to be considered as a form of tradable security (this point is debatable if you feel otherwise please leave a comment and let’s explore this). The platform can be used as infrastructure for game trading at a later date (think aws). tZERO does one thing but this new platform can do SOOOO MUCH MORE.TADR: The MOASS started the moment we began direct registering, WE ARE THE CATALYST.

Edit 11: From Sec’s page again https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

so this is a limitation for DR, please also take this into consideration

Edit 12: apparently you can get a list of active brokers here https://www.sec.gov/help/foiadocsbdfoiahtm.html

I checked out the September data and DID NOT SEE COMPUTERSHARE REGISTERED AS AN ACTIVE BROKER-DEALER with the sec.This is also not financial advice.

Though isn’t it amazing that tonight there are multiple posts that all link MOASS and DRS together?

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

in the very slim chance you missed this https://www.reddit.com/r/Superstonk/comments/pps2yj/direct_registering_shares_drs_is_the_moass_key/

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Edit 6: Easter egg from Overstock’s dividend page here? https://www.overstock.com/dividend

r/Superstonk - The FINAL missing puzzle piece - The MOASS already started we just didn't realize it until now

DIRECT REGISTER AND HODL, RECORD DAY IS COMING SOON MY DEAR FRIENDS.

Edit 8: Can’t hype without evidence.

Edit 9: Evidence was not conclusive, no hype. This –>https://www.reddit.com/r/Superstonk/comments/ppod1x/computershare_only_trades_through_the_nyse_look/ though does provide some interesting data

Edit 10.5 new flair idea: Buy, Transfer, Hodl

Edit 1: linked SEC docs to prove CS as the TA

Edit 2: Linked 2021’s prospectus

Edit 4: auto mod got me on the link to jungle

Edit 5: RIP inbox, please poke holes in this in comments, I need to get some work done and will check back in a few hours. cheers 🙂

Edit 10: International Apes question thread

Edit 13: “General Questions” thread

Edit ? : Roth IRA question thread Answered by u/Nomes2424 in this thread

Edit 14: need dinner and step away from screen for a bit, will catch up tomorrow. also rip inbox, sorry if i missed you

Edit ???: As someone pointed out the edits are making this thread unprofessional, cleaned up. thank you u/hamzah604 you beautiful ape.

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