(I apologize in advance for the visible links, I did not figure out how to hyperlink until after I posted and it will not let me edit them! ^^)
Hello everyone! I’ve noticed an uptick in the number of posts on the subreddit asking how to ticket in Japan, as Seventeen is having an increasing number of events and concerts here. I thought I’d make a comprehensive post about what you need to know about ticketing in Japan! This guide will cover concerts, fanmeetings, the Seventeen museum, the Seventeen Cafe, and pop-up shops. I will also tell you how to sign up for the memberships in Japan. Many of these use the same type of ticketing system. Here https://www.seventeen-17.jp/ is the official Seventeen Japan site that every event is posted on, and they also have a Seventeen Japan Twitter https://twitter.com/pledis_17jp?s=20 that announces events and posts links when it is time to ticket.
Concerts/Fanmeetings
I’ll start with these, because this is the most frequent post I see on this subreddit! In Japan, ticketing is done through a lottery system. Seventeen uses Lawson Ticket (ローチケット）and has for the past few years. There are multiple rounds of lottery, starting with the fanclub, then CaratMobile, then general sales. Both the fanclub and Carat Mobile have multiple draws, as you can see herehttps://www.seventeen-17.jp/statics/2023_fanmeeting_love on the most recent fanmeeting ticketing page.
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https://preview.redd.it/00hvopxckx2b1.png?width=1449&format=png&auto=webp&s=4c1f6f0487ae27120f9b2a20f69a57b13070c340
The options, under ticketing, are as follows:
Fanclub Premium Seat lottery
Carat Mobile Premium Seat lottery
Second fanclub lottery (Regular seats + annotated seats)
Second Carat Mobile lottery (Regular seats + annotated seats)
Lawson L-encore card holders (Regular seats + annotated seats)
General Ticketing (Not lottery, first come first serve)
Lawson Ticket
To do any lottery ticketing, you will have to sign up for a Lawson Ticket account. It will ask for a Japanese phone number when you sign up. This is where you sign up. When you click this, it will ask for an email address, password, and to accept the terms of service. It looks like this.
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https://preview.redd.it/6mao4ivsdx2b1.png?width=593&format=png&auto=webp&s=a0a2a0b657eadead45d87e41d14edf7b48dd1493
Once you click the box at the bottom, the blue button will light up, and then you can press next (the button on the right). It will then send you an email, and once you confirm it you can keep going.
This is what the email will look like, make sure to check different mailboxes in case it goes to spam.
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https://preview.redd.it/nrklpefudx2b1.png?width=1501&format=png&auto=webp&s=749aaeb37eda6adb3b27b1c8f5fa23c8834aafc9
Click the link, and it will now ask for your password again. After that, we’re on to account information. If you do not have an address in Japan, use the address you are currently staying at, or have a friend lend you theirs. They will not send the tickets to the address, so you don’t have to worry about that. Just get something in there! The page looks like this, and I put in English what you need to put in! PLEASE MAKE SURE THIS IS ALL RIGHT!!! If you are selected for tickets, you may get your name checked at the gate on the day of the concert, and if your name doesn’t match up they could refuse you entry. They check every name for premium seats, so if you are applying for those please be extra careful! For your katakana name just look up a Japanese katakana chart and try to match your english name as best as possible, it doesn’t really matter because your name will be printed in both English and Katakana on the ticket.
https://preview.redd.it/1f5sqzpvdx2b1.png?width=475&format=png&auto=webp&s=f1c7a62f352c46801b103349f69c634d12cec13d
Don’t forget your last name goes first, then your first name!
For this tutorial I used one of my family’s American phone numbers and it took it with no questions, so just put your real phone number in and it should be fine!
After this page, you have finished signing up!
Now that we have our account, we can apply for tickets. Back to the Seventeen Japan page screenshotted earlier in the post, there will be open links when it is time to apply for tickets. The boxes with red lettering under tickets https://www.seventeen-17.jp/statics/2023_fanmeeting_love will turn into links when it is time to ticket, and there should also be an active link in the description box when you push the arrow on the side for more information.
For when the tickets are open, Lawson has a guide for you, here https://l-tike.com/en/howto.html) is the link. Because you’ll come straight from the Seventeen website it’ll dump you straight on the ticketing page, so you can ignore the first step!
After you apply to the lottery, you will receive confirmation emails for your entries. They look like this.
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https://preview.redd.it/i6uqgii9ex2b1.png?width=793&format=png&auto=webp&s=e9e86f628a22afd5af02f11dad1ec7b232a3cd53
It will tell you on the email when they will announce the winners. These results came out on March 24th at 11 am. You can see your results on My Page on the Lawson ticket website at that time, but usually the servers are so crowded you will never be able to log in. Other than that, and what I usually do, is wait for the emails. You will get an email telling you if you have gotten the tickets or not.
A losing email looks is on the left, and a winning one is on the right.
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https://preview.redd.it/6zssz7v9fx2b1.png?width=1137&format=png&auto=webp&s=5fc46bdfb298880a0d7fc8b8913fb27114eba7df
Since I chose to pay at the convenience store, I had to go pay at a Lawson using the Loppi machine (instructions herehttps://l-tike.com/en/howto.html#panel2) . To pick up tickets, you need the phone number you used, as well as the number under the artist name (I blanked mine out). The first date in March in this email told me when I needed to pay by (March 28th at 11:00 pm) and the second date in May is when I could go pick up my tickets (from May 12th at 1pm to to March 27th at 11pm). When you go to pay, the cashier will give you a slip of paper that shows you paid. Make sure to hang onto this!! I always hold onto my receipt too just in case. When you go to get your tickets, you just give the cashier that paper, and they print the tickets out for you. As you can see, the pickup date ran all the way until the day before the last day of the fanmeeting, so if you aren’t in Japan until right at the date then that is okay! Just make sure to pick them up at any Lawson before your time runs out! You won’t know your seats until you pick up your tickets.
General ticketing is not a lottery. You will need to get onto the fastest wifi you can and fight everybody tooth and nail for these tickets. I have tried general ticketing for 5-6 years, and I have never been successful. Lol… But I will cheer all you general sales people on!! You got this!! Make sure to follow the steps above for an account well before the date, as you will get tripped up and miss your ticketing chance if you don’t pre-register. Also be sure to have your debit/credit card entered, as I have heard of much more success from those who pay by card rather than convenience store pay.
Fanclub
Before I get into fanclub and carat mobile, I want to let you know that if you do not have an address or phone number in Japan, getting into these is basically impossible. The fanclub sends you mail, so you can’t just put any address in. Carat Mobile is only available on phones, and you have to have a Japanese phone number to actually have an account. I’m sorry :(
The Fanclub does its sign ups through Lawson, and you pay a year’s sum when you sign up. Go to the Seventeen Japan website and click the button on the top left of this picture!
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https://preview.redd.it/xajnwm9gfx2b1.png?width=777&format=png&auto=webp&s=b157ba890aed5c190fdf382eb4110474eda1fa01
Scroll down to the white box at the bottom, and make sure the little box above it is checked to agree to Lawson terms.
You’ll go on to Lawson, where you come to this page.
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https://preview.redd.it/9vkoc07nfx2b1.png?width=837&format=png&auto=webp&s=2f00c9b62d59b1d2e83b12394d00b4d3a798fedf
The button on the left takes you to the application, and the button on the right takes you to what’s included in the membership. Click the left button!
On the new page, scroll to the bottom and agree to terms, then click the blue button on the right and login to your Lawson account.
The next page will ask for your details are. Because you already signed up for an account it should be automatically filled in. Just make sure everything is right, as again they will be checking your name for premium or VIP seats. You also get a Carat ID card in the mail when you sign up for the fanclub, so make sure everything is spelled correctly! Don’t forget that your last name goes first, then your last name!
When you press next, it will take you to a page that asks your bias and your favorite unit. Members are listed in fanchant order, the units are 1. Vocal 2. Hip Hop 3. Performance Choose and press next! :)
On the next page, it will confirm that all of your information is correct. Please triple check that everything is correct!!
Next it will ask for a payment method. Credit card is on the left.
Put in your card details, and you’re finished! You’ll get an email with your fanclub member number and a link, press the link and it will prompt you to set your password. Here’s what the email looks like.
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https://preview.redd.it/mtxlep2yfx2b1.png?width=652&format=png&auto=webp&s=712e0642f903010cde9bcc438834ac0988368797
You are now signed up!! Your ID card and pin will be in the mail within two months :)
Within the past two years the fanclub has introduced ticket trading, where if someone cannot go to the concert but has tickets, they can put them up for sale. The Seventeen Japan Twitter usually posts when this becomes available, and you can only access it if you are a fanclub member. Tickets are available for face value + handling fees. I have not done this before, so I have no advice or guidance for this part! I am sorry! I assume it will be mostly the same as the other ticketing in this post though, so hopefully if you choose this route you can use something from here to help.
Carat Mobile
Now for Carat Mobile. Carat Mobile is a better option for those who cannot or do not want to pay the larger fanclub fee all at once. The monthly fee is 550 yen, or about $3.92 usd. Carat Mobile is only available on your phone, so scan the qr code from the website here https://www.seventeen-caratmobile.jp/statics/pc and continue to sign up on your phone.
Once you scan the QR code, click the three bars in the top right of the screen. Then, click the button under "Gallery" to go to make a new account.
Once you are here, it will ask for an email address and for you to accept the terms of service. Check your email for a sign up email. The email looks like this. The link will expire in 24 hours, so make sure to complete registration right away!
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https://preview.redd.it/o1dc7ew4gx2b1.png?width=382&format=png&auto=webp&s=690df8d8bf1ccc549f936960070ae10c77e9aea3
It will ask for these things, in order:
Email
Password (choose yours)
Password confirmation
Last name
First name
Last name (Katakana)
First name (Katakana)
Sex
Birthday (YY/MM/DD)
Phone number
Address (Zip code > Prefecture > Street number + Apartment building name + Apartment number> Bias)
Once you finish putting these in, push confirm (bottom button) and it will take you to a payment site. Press credit card, put your silly numbers in, your name, agree to the terms of service, and press the very bottom button. It will take you to the finishing page, where it will give you your member number. The number will be seven numbers starting with an M.
You are now a Carat Mobile member! Congrats! It will bill you monthly.
Unofficial ticketing
If you lose all the lotteries or cannot access Carat Mobile or the Japanese Fanclub, you can go the unofficial way: Twitter or proxy sites! These tickets are much riskier, as Japanese venues randomly check names on tickets. If you are checked and the name doesn’t match your ID, the staff will turn you away and you will not be able to enter the venue.
If you want to look for tickets on twitter, here is your format. I’ll use the Love Fanmeeting as the example. Type this into the twitter search bar.
SEVENTEEN 2023 JAPAN FANMEETING 'LOVE' セブチ ペンミ ファンミ チケット
求 (want)▶︎5/28 東京ドーム 1枚 (date you want + how many, this one says tokyo dome 1 ticket)
譲 (will give) ▶︎定価+手数料 (list price + handling fee)
Or switch it around, but it should give you the same result! I.e.
求 (want)▶︎ 定価+手数料 (list price + handling fee)
譲 (will give) ▶︎ 5/28 東京ドーム 1枚 (tokyo dome 1 ticket)
Listings look like this.
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https://preview.redd.it/s97mgwvhgx2b1.png?width=770&format=png&auto=webp&s=77c81e968732a15f10b45ab80daf65e3b5cb11b6
Once again, Premium Seats/VIP seats will ALWAYS check your name. DO NOT BUY THESE SECOND HAND!!
People make burner accounts just for selling, like this one is.
They are asking for list price and handling fee, but some people ask for you to name a price. These tickets will be very expensive, as it is competitive and these people usually have many people asking for tickets.
When you’re looking for tickets, make sure that the characters are in the correct place.
What the person in the tweet is looking for is under this kanji: 求
What the person in the tweet is in possession of is under this kanji: 譲
When buying tickets from twitter, the people will usually meet you at the venue with the tickets. They should take them out and show you to prove they are real. You then hand them the money. This is probably the safest way to go if you’re doing unofficial sales, as other sites may make you pay in advance. If they are a scammer, your money is lost :( Unlike other countries, there are no official resale sites. Be careful, and godspeed!
Seventeen Cafe
Now for all the other smaller events you can go to!! The Seventeen Museum and Cafe happen once a year. Each time it happens, there is a new webpage for it.
I’ll use the most recent cafe, 2022 Winter Camping, to show how to get tickets. Here https://seventeen-cafe-wintercamping.jp/ is the link to see! First, you’ll have to make an account with the company that runs the cafes.
At the top right of the page, press the left button. The first page is terms and services, accept these. It will ask you for your email, and will then take you to this page.
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https://preview.redd.it/59sjppzsgx2b1.png?width=608&format=png&auto=webp&s=dbefb629003f164561698cc907c0e5bc33030f6a
Make sure to remember last name, first name! To make sure foreigners can also access this, I made a new account with an overseas phone number, and it worked! :) It will take you to the info confirmation page next, where you just make sure everything is right. There are two buttons, a black one on the right and a white one on the right. If the colors change, their positions should stay the same. Click the one on the right.
And you’re finished! Now you can make a reservation. Weekends and Friday evenings fill up very fast, so if you can’t go on weekdays get to reservations right when they start! The Seventeen Japan Twitter will announce when they start.
Hover over the reservation tab and pick the store you want to go to. They are usually in English, just make sure you pick the right one!!
Scroll to the bottom of the page and it will show you the available dates.
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https://preview.redd.it/u0lcltdbhx2b1.png?width=647&format=png&auto=webp&s=e2d4fe7bcb5474729109bb99819cfea56bd5a9e3
I can’t click on any because it is over, but when you click on the date it will show you the available times. Pick your time, how many people you want ( I think it’s up to two), and finish the registration. It will send you an email. This is what the email looks like! If you chose to pay at the convenience store, it will also have the number you need to input into the machine to pay at the store. You usually get random goods when you go as well, so it will tell you that too.
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https://preview.redd.it/wf77ko2fhx2b1.png?width=748&format=png&auto=webp&s=110e87ebc5715bf3fb5cef7db2e5be882ff484eb
On the day of your reservation, show up about 5-10 minutes early. Other Carats will start lining up then too. The staff will go down the line and confirm your tickets. Go to “my page” on the website and click the first button.
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https://preview.redd.it/u0gascd7hx2b1.png?width=772&format=png&auto=webp&s=f1f32c8438342f6c5a6aa0b37c7198d90ee1f4aa
It will come up with a QR code that the staff will scan. When it has gone through, the webpage will change, so it can’t just be a screenshot! You have to show the actual webpage. When you enter the cafe or when you sit down you will get to randomly draw your benefits! For this cafe it was a random plastic card and a card case.
Study the menu and things beforehand, as when you line up the staff will give you a clipboard where you pick what you want to eat and drink. Each of the members have a meal, and there are also drinks with coasters. You pick which member you want on the coaster when you check which drink you want on the paper. The staff will also give you small cards with numbers on them when you sit down. They will call each number up to 4 at a time to go to the merch area and purchase what you want. This is your one time to grab merch, you can’t go back up so choose wisely and quickly!! If you’re very brave, you can try to trade with other carats at the cafe for your bias. You can usually see whose bias is whose because of the photocards and merch each person brings. I love going to the cafes, it’s so fun to see other carats and enjoy the cafe with them :) They play music videos and a video that the sebongies shot for the cafe, they tell you to have fun and talk about the theme of the cafe. You have an hour and a half to sit! If you have the chance to, please go!! Have fun! :)
Seventeen Museum
Getting tickets for the Museum is a lot like the cafe. If you want weekend/Friday night tickets, get reservations early!
Museum tickets are on Lawson ticket. Log in before we start to streamline the process!
The museums are announced on the Seventen Japan Twitter! This https://www.seventeen-17.jp/posts/information/lzzacj was the page for the 2022 museum.
This is where you went for tickets. The top links are for those who want to go in the earlier month (September) and below was for those who missed ticketing for September or could go in the later months (October and November). If you don’t want to do it online, you can also buy tickets when you get to the museum, but they may turn you away if the time slot is filled.
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https://preview.redd.it/xbbvgqwohx2b1.png?width=610&format=png&auto=webp&s=03387b5f317d36d179bd0114574d5e7d584117b1
Once you click a link, it will have you accept Lawson terms of service. Click the right button to continue. You will go through the same process as you would with concert tickets. Make sure you pick the right venue! They have merch for the museum, and there is a random draw when you enter for one bromide picture of a member. Because it’s the same as the concert tickets, please refer to the concert ticket section if you need help there!
Pop up stores
When there is a comeback and before a concert, there are pop up stores. There are albums, concert merch, and other things, as well as a photo spot to take pictures. Same as the cafe and museum, get there very fast for weekend and Friday night spots. I’ll use the most recent Love popup https://svt-tokyo.weverse-ticket.online/ for this example! These tickets were sold through weverse. The following picture is the button for making reservations!
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https://preview.redd.it/r0ep2ckhix2b1.png?width=826&format=png&auto=webp&s=d988613e18bbd70471a81ad5efc5dfaa6232b4ec
Next page, push the big purple button to go on.
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https://preview.redd.it/xtgn7kl7kx2b1.png?width=637&format=png&auto=webp&s=7abd866915b1f940dab99b1df92523858dbdc9ac
Though the buttons/colors will change for each pop-up shop, the words on the buttons shouldn't change, so for other events just make sure the kanji lines up!
It will take you to weverse login. After login, scroll to the bottom of the page, accept terms of service, and click the bottom button, it says the same as the button above, お申し込むに進む .
The next page asks for your information!
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https://preview.redd.it/77z8q3yvjx2b1.png?width=772&format=png&auto=webp&s=2632447a036488b38ef0945da541e6a6756fa4b5
Small Japanese lesson for furigana! In Japanese, there are multiple alphabets; hiragana (furigana), katakana, and kanji. Western names will be in katakana, which is the way that foreign words are written in Japanese. Hiragana is the basic Japanese alphabet, and furigana is written above kanji to indicate its pronunciation. I feel like the easiest thing for those who do not know Japanese is to use a hiragana generator. Here's https://www.sljfaq.org/cgi/e2k.cgi one I found with a quick google search.
Okay back to ticketing! After you confirm your details, this is the next page; selecting your tickets. Because the shop is finished, we can’t see the dates and times anymore, but I’ll tell you what’s up.
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https://preview.redd.it/be2p1266kx2b1.png?width=746&format=png&auto=webp&s=add82ef59bf231fd842bc1b88ec5e436d2650429
So pick your date and time and finish! You don’t have to pay to get in, but slots go so fast, so be quick with your picks! :)
And that's what I have! If I've missed something or anyone else wants to add anything please put it in the comments!! I made this to help you all participate in these events, and I hope you all get in to the things you want to go to. This took me about four hours, so I hope it helps at least one person lol! Let's keep loving and supporting Seventeen for a long time^^

Spring-heeled Jack is an entity in English folklore of the Victorian era. The first claimed sighting of Spring-heeled Jack was in 1837.[1] Later sightings were reported all over the United Kingdom and were especially prevalent in suburban London, the Midlands) and Scotland.[2]
There are many theories about the nature and identity of Spring-heeled Jack. This urban legend was very popular in its time, due to the tales of his bizarre appearance and ability to make extraordinary leaps, to the point that he became the topic of several works of fiction.
Spring-heeled Jack was described by people who claimed to have seen him as having a terrifying and frightful appearance, with diabolical physiognomy, clawed hands, and eyes that "resembled red balls of fire". One report claimed that, beneath a black cloak, he wore a helmet and a tight-fitting white garment like an oilskin. Many stories also mention a "Devil-like" aspect. Others said he was tall and thin, with the appearance of a gentleman. Several reports mention that he could breathe out blue and white flames and that he wore sharp metallic claws at his fingertips. At least two people claimed that he was able to speak comprehensible English.

History

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https://preview.redd.it/9qmpsi0a0x2b1.png?width=220&format=png&auto=webp&s=61cac0799d73fc48942092c91e1db467cea91e2c

Precedents

In the early 19th century, there were reports of ghosts that stalked the streets of London. These human-like figures were described as pale; it was believed that they stalked and preyed on lone pedestrians. The stories told of these figures formed part of a distinct ghost tradition in London which, some writers have argued, formed the foundation of the later legend of Spring-heeled Jack.[3]
The most important of these early entities was the Hammersmith Ghost, which in 1803 and 1804 was reported in Hammersmith on the western fringes of London; it would later reappear in 1824. Another apparition, the Southampton ghost, was also reported as assaulting individuals in the night. This particular spirit bore many of the characteristics of Spring-heeled Jack, and was reported as jumping over houses and being over 10 ft (3.0 m) tall.[3]

Early reports

📷Illustration of Spring-heeled Jack, from the serial Spring-heel'd Jack: The Terror of London
The first alleged sightings of Spring-heeled Jack were made in London in 1837 and the last reported sighting is said in most of the secondary literature to have been made in Liverpool in 1904.[4][5]
According to much later accounts, in October 1837 a girl by the name of Mary Stevens was walking to Lavender Hill, where she was working as a servant, after visiting her parents in Battersea. On her way through Clapham Common, a strange figure leapt at her from a dark alley. After immobilising her with a tight grip of his arms, he began to kiss her face, while ripping her clothes and touching her flesh with his claws, which were, according to her deposition, "cold and clammy as those of a corpse". In panic, the girl screamed, making the attacker quickly flee from the scene. The commotion brought several residents who immediately launched a search for the aggressor, but he could not be found.[6]
The next day, the leaping character is said to have chosen a very different victim near Mary Stevens' home, inaugurating a method that would reappear in later reports: he jumped in the way of a passing carriage, causing the coachman to lose control, crash, and severely injure himself. Several witnesses claimed that he escaped by jumping over a 9 ft (2.7 m) high wall while cackling with a high-pitched, ringing laughter.[6]
Gradually, the news of the strange character spread, and soon the press and the public gave him the name "Spring-heeled Jack".[7]

Official recognition

https://preview.redd.it/jytvtv4e0x2b1.png?width=220&format=png&auto=webp&s=bbfecf735cbe5ba58bb9116ad5b26c8bc0f8b26b
📷A public session at the Mansion House, London (c. 1840).
A few months after these first sightings, on 9 January 1838, the Lord Mayor of London, Sir John Cowan), revealed at a public session held in the Mansion House an anonymous complaint that he had received several days earlier, which he had withheld in the hope of obtaining further information. The correspondent, who signed the letter "a resident of Peckham", wrote:

It appears that some individuals (of, as the writer believes, the highest ranks of life) have laid a wager with a mischievous and foolhardy companion, that he durst not take upon himself the task of visiting many of the villages near London in three different disguises—a ghost, a bear, and a devil; and moreover, that he will not enter a gentleman's gardens for the purpose of alarming the inmates of the house. The wager has, however, been accepted, and the unmanly villain has succeeded in depriving seven ladies of their senses, two of whom are not likely to recover, but to become burdens to their families. At one house the man rang the bell, and on the servant coming to open door, this worse than brute stood in no less dreadful figure than a spectre clad most perfectly. The consequence was that the poor girl immediately swooned, and has never from that moment been in her senses. The affair has now been going on for some time, and, strange to say, the papers are still silent on the subject. The writer has reason to believe that they have the whole history at their finger-ends but, through interested motives, are induced to remain silent.[8]

Though the Lord Mayor seemed fairly sceptical, a member of the audience confirmed that "servant girls about Kensington, Hammersmith and Ealing, tell dreadful stories of this ghost or devil". The matter was reported in The Times on 9 January, other national papers on 10 January and, on the day after that, the Lord Mayor showed a crowded gathering a pile of letters from various places in and around London complaining of similar "wicked pranks". The quantity of letters that poured into the Mansion House suggests that the stories were widespread in suburban London. One writer said several young women in Hammersmith had been frightened into "dangerous fits" and some "severely wounded by a sort of claws the miscreant wore on his hands". Another correspondent claimed that in Stockwell, Brixton, Camberwell and Vauxhall several people had died of fright and others had had fits; meanwhile, another reported that the trickster had been repeatedly seen in Lewisham and Blackheath.[citation needed]
The Lord Mayor himself was in two minds about the affair: he thought "the greatest exaggerations" had been made, and that it was quite impossible "that the ghost performs the feats of a devil upon earth", but on the other hand someone he trusted had told him of a servant girl at Forest Hill who had been scared into fits by a figure in a bear's skin; he was confident the person or persons involved in this "pantomime display" would be caught and punished.[9] The police were instructed to search for the individual responsible, and rewards were offered.[citation needed]
A peculiar report from The Brighton Gazette, which appeared in the 14 April 1838 edition of The Times, related how a gardener in Rosehill, Sussex, had been terrified by a creature of unknown nature. The Times wrote that "Spring-heeled Jack has, it seems, found his way to the Sussex coast", even though the report bore little resemblance to other accounts of Jack. The incident occurred on 13 April, when it appeared to a gardener "in the shape of a bear or some other four-footed animal". Having attracted the gardener's attention by a growl, it then climbed the garden wall and ran along it on all fours, before jumping down and chasing the gardener for some time. After terrifying the gardener, the apparition scaled the wall and made its exit.[10]
https://preview.redd.it/hol89ejg0x2b1.png?width=220&format=png&auto=webp&s=73f26529755347a19498d549c187bc17a8ab03b8

Scales and Alsop reports

📷Illustration of Spring-heeled Jack, from the 1867 serial Spring-heel'd Jack: The Terror of London
Perhaps the best known of the alleged incidents involving Spring-heeled Jack were the attacks on two teenage girls, Lucy Scales and Jane Alsop. The Alsop report was widely covered by the newspapers, including a piece in The Times,[11] while fewer reports appeared in relation to the attack on Scales. The press coverage of these two attacks helped to raise the profile of Spring-heeled Jack.[citation needed]

Alsop case

Jane Alsop reported that on the night of 19 February 1838, she answered the door of her father's house to a man claiming to be a police officer, who told her to bring a light, claiming "we have caught Spring-heeled Jack here in the lane". She brought the person a candle, and noticed that he wore a large cloak. The moment she had handed him the candle, however, he threw off the cloak and "presented a most hideous and frightful appearance", vomiting blue and white flame from his mouth while his eyes resembled "red balls of fire". Miss Alsop reported that he wore a large helmet and that his clothing, which appeared to be very tight-fitting, resembled white oilskin. Without saying a word he caught hold of her and began tearing her gown with his claws which she was certain were "of some metallic substance". She screamed for help, and managed to get away from him and ran towards the house. He caught her on the steps and tore her neck and arms with his claws. She was rescued by one of her sisters, after which her assailant fled.[4][12]

Scales case

On 28 February 1838,[13] nine days after the attack on Miss Alsop, 18-year-old Lucy Scales and her sister were returning home after visiting their brother, a butcher who lived in a respectable part of Limehouse. Miss Scales stated in her deposition to the police that as she and her sister were passing along Green Dragon Alley, they observed a person standing in an angle of the passage. She was walking in front of her sister at the time, and just as she came up to the person, who was wearing a large cloak, he spurted "a quantity of blue flame" in her face, which deprived her of her sight, and so alarmed her, that she instantly dropped to the ground, and was seized with violent fits which continued for several hours.[14]
Her brother added that on the evening in question, he had heard the loud screams of one of his sisters moments after they had left his house and on running up Green Dragon Alley he found his sister Lucy on the ground in a fit, with her sister attempting to hold and support her. She was taken home, and he then learned from his other sister what had happened. She described Lucy's assailant as being of tall, thin, and gentlemanly appearance, covered in a large cloak, and carrying a small lamp or bull's eye lantern similar to those used by the police. The individual did not speak nor did he try to lay hands on them, but instead walked quickly away. Every effort was made by the police to discover the author of these and similar outrages, and several persons were questioned, but were set free.[14]
https://preview.redd.it/h1oqafgj0x2b1.png?width=220&format=png&auto=webp&s=4fd9152b2fb9ed1a2a54a49ecd7d96c8d7525b3b

Popularisation

​
The Times reported the alleged attack on Jane Alsop on 2 March 1838 under the heading "The Late Outrage at Old Ford".[11] This was followed with an account of the trial of one Thomas Millbank, who, immediately after the reported attack on Jane Alsop, had boasted in the Morgan's Arms that he was Spring-heeled Jack. He was arrested and tried at Lambeth Street court. The arresting officer was James Lea, who had earlier arrested William Corder, the Red Barn Murderer. Millbank had been wearing white overalls and a greatcoat, which he dropped outside the house, and the candle he dropped was also found. He escaped conviction only because Jane Alsop insisted her attacker had breathed fire, and Millbank admitted he could do no such thing. Most of the other accounts were written long after the date; contemporary newspapers do not mention them.[citation needed]
📷Ad for Spring Heeled Jack, a penny dreadful (1886)
After these incidents, Spring-heeled Jack became one of the most popular characters of the period. His alleged exploits were reported in the newspapers and became the subject of several penny dreadfuls and plays performed in the cheap theatres that abounded at the time. The devil was even renamed "Spring-heeled Jack" in some Punch and Judy shows, as recounted by Henry Mayhew in his London Labour and the London Poor:

This here is Satan,-we might say the devil, but that ain't right, and gennelfolks don't like such words. He is now commonly called 'Spring-heeled Jack;' or the 'Rossian Bear,' – that's since the war. — Henry Mayhew, London Labour and the London Poor, p. 52[15]

But, even as his fame was growing, reports of Spring-heeled Jack's appearances became less frequent if more widespread. In 1843, however, a wave of sightings swept the country again. A report from Northamptonshire described him as "the very image of the Devil himself, with horns and eyes of flame", and in East Anglia reports of attacks on drivers of mail coaches became common. In July 1847 "a Spring-heeled Jack investigation" in Teignmouth, Devon led to a Captain Finch being convicted of two charges of assault against women during which he is said to have been "disguised in a skin coat, which had the appearance of bullock's hide, skullcap, horns and mask".[16] The legend was linked with the phenomenon of the "Devil's Footprints" which appeared in Devon in February 1855.[citation needed]

Last reports

In the beginning of the 1870s, Spring-heeled Jack was reported again in several places distant from each other. In November 1872, the News of the World reported that Peckham was "in a state of commotion owing to what is known as the "Peckham Ghost", a mysterious figure, quite alarming in appearance". The editorial pointed out that it was none other than "Spring-heeled Jack, who terrified a past generation".[17] Similar stories were published in The Illustrated Police News. In April and May 1873, it reported there were numerous sightings in Sheffield of the "Park Ghost", which locals also came to identify as Spring-heeled Jack.[18]

Aldershot

📷North Camp in Aldershot as it looked in 1866.
This news was followed by more reported sightings, until in August 1877 one of the most notable reports about Spring-heeled Jack came from a group of soldiers in Aldershot Garrison. This story went as follows: a sentry on duty at the North Camp peered into the darkness, his attention attracted by a peculiar figure "advancing towards him." The soldier issued a challenge, which went unheeded, and the figure came up beside him and delivered several slaps to his face. A guard shot at him, with no visible effect; some sources claim that the soldier may have fired blanks) at him, others that he missed or fired warning shots. The strange figure then disappeared into the surrounding darkness "with astonishing bounds."[19][20][21]
Lord Ernest Hamilton's 1922 memoir Forty Years On mentions the Aldershot appearances of Spring-heeled Jack; however, he (apparently erroneously) says that they occurred in the winter of 1879 after his regiment, the 60th Rifles, had moved to Aldershot, and that similar appearances had occurred when the regiment was barracked at Colchester in the winter of 1878. He adds that the panic became so great at Aldershot that sentries were issued ammunition and ordered to shoot "the night terror" on sight, following which the appearances ceased. Hamilton thought that the appearances were actually pranks, carried out by one of his fellow officers, a Lieutenant Alfrey.[22][23] However, there is no record of Alfrey ever being court-martialled for the offence.[24]

Lincolnshire

In the autumn of 1877, Spring-heeled Jack was reportedly seen at Newport Arch, in Lincoln, Lincolnshire, wearing a sheep skin. An angry mob supposedly chased him and cornered him, and just as in Aldershot a while before, residents fired at him to no effect. As usual, he was said to have made use of his leaping abilities to lose the crowd and disappear once again.[25]

Liverpool

By the end of the 19th century the reported sightings of Spring-heeled Jack were moving towards the north west of England. Around 1888, in Everton, north Liverpool, he allegedly appeared on the rooftop of Saint Francis Xavier's Church in Salisbury Street. In 1904 there were reports of appearances in nearby William Henry Street.[26]

Aftermath and impact upon Victorian popular culture

The vast urban legend built around Spring-heeled Jack influenced many aspects of Victorian life, especially in contemporary popular culture. For decades, especially in London, his name was equated with the bogeyman, as a means of scaring children into behaving by telling them if they were not good, Spring-heeled Jack would leap up and peer in at them through their bedroom windows, by night.
However, it was in fictional entertainment where the legend of Spring-heeled Jack exerted the most extensive influence, owing to his allegedly extraordinary nature. Three pamphlet publications, purportedly based on the real events, appeared almost immediately, during January and February, 1838. They were not advertised as fiction, though they likely were at least partly so. The only known copies were reported to have perished when the British Library was hit during The Blitz, but their catalog still lists the first one.
The character was written into a number of penny dreadful stories during the latter half of the 19th century, initially as a villain and then in increasingly heroic roles. By the early 1900s he was being represented as a costumed, altruistic avenger of wrongs and protector of the innocent, effectively becoming a precursor to pulp fiction and then comic book superheroes.

Theories

No one was ever caught and identified as Spring-heeled Jack; combined with the extraordinary abilities attributed to him and the very long period during which he was reportedly at large, this has led to numerous and varied theories of his nature and identity.[citation needed] While several researchers seek a normal explanation for the events, other authors explore the more fantastic details of the story to propose different kinds of paranormal speculation.[citation needed]

Sceptical positions

Sceptical investigators have dismissed the stories of Spring-heeled Jack as mass hysteria which developed around various stories of a bogeyman or devil which have been around for centuries, or from exaggerated urban myths about a man who clambered over rooftops claiming that the Devil was chasing him.[27]
📷Henry de La Poer Beresford, 3rd Marquess of Waterford (1840)
Other researchers believe that some individual(s) may have been behind its origins, being followed by imitators later on.[28] Spring-heeled Jack was widely considered not to be a supernatural creature, but rather one or more persons with a macabre sense of humour.[4] This idea matches the contents of the letter to the Lord Mayor, which accused a group of young aristocrats as the culprits, after an irresponsible wager.[4] A popular rumour circulating as early as 1840 pointed to an Irish nobleman, the Marquess of Waterford, as the main suspect.[4] Haining) suggested this may have been due to him having previously had bad experiences with women and police officers.[29]
The Marquess was frequently in the news in the late 1830s for drunken brawling, brutal jokes and vandalism, and was said to do anything for a bet; his irregular behaviour and his contempt for women earned him the title "the Mad Marquis", and it is also known that he was in the London area by the time the first incidents took place. In 1880 he was named as the perpetrator by E. Cobham Brewer, who said that the Marquess "used to amuse himself by springing on travellers unawares, to frighten them, and from time to time others have followed his silly example."[30][31] In 1842, the Marquess married and settled in Curraghmore House, County Waterford, and reportedly led an exemplary life until he died in a riding accident in 1859.[citation needed]
Sceptical investigators have asserted that the story of Spring-heeled Jack was exaggerated and altered through mass hysteria, a process in which many sociological issues may have contributed. These include unsupported rumours, superstition, oral tradition, sensationalist publications, and a folklore rich in tales of fairies and strange roguish creatures. Gossip of alleged leaping and fire-spitting powers, his alleged extraordinary features and his reputed skill in evading apprehension captured the mind of the superstitious public—increasingly so with the passing of time, which gave the impression that Spring-heeled Jack had suffered no effects from ageing. As a result, a whole urban legend was built around the character, being reflected by contemporary publications, which in turn fuelled this popular perception.[32]

Paranormal conjectures

📷Spring-heeled Jack illustrated on the cover of the 1904 serial Spring-heeled Jack
A variety of wildly speculative paranormal explanations have been proposed to explain the origin of Spring-heeled Jack, including that he was an extraterrestrial entity with a non-human appearance and features (e.g., retro-reflective red eyes, or phosphorus breath) and a superhuman agility deriving from life on a high-gravity world, with his jumping ability and strange behaviour,[33] and that he was a demon, accidentally or purposefully summoned into this world by practitioners of the occult, or who made himself manifest simply to create spiritual turmoil.[34]
Fortean authors, particularly Loren Coleman[35] and Jerome Clark,[36] list "Spring-heeled Jack" in a category named "phantom attackers", with another well-known example being the "Mad Gasser of Mattoon". Typical "phantom attackers" appear to be human, and may be perceived as prosaic criminals, but may display extraordinary abilities (as in Spring-heeled Jack's jumps, which, it is widely noted, would break the ankles of a human who replicated them) and/or cannot be caught by authorities. Victims commonly experience the "attack" in their bedrooms, homes or other seemingly secure enclosures. They may report being pinned or paralysed, or on the other hand describe a "siege" in which they fought off a persistent intruder or intruders. Many reports can readily be explained psychologically, most notably as the "Old Hag" phenomenon, recorded in folklore and recognised by psychologists as a form of hallucination. In the most problematic cases, an "attack" is witnessed by several people and substantiated by some physical evidence, but the attacker cannot be verified to exist.[citation needed]

Counterpart in Prague

A similar figure known as Pérák, the Spring Man of Prague was reported to have been seen in Czechoslovakia around 1939–1945. As writers such as Mike Dash have shown, the elusiveness and supernatural leaping abilities attributed to Pérák bear a close resemblance to those exhibited by Spring-heeled Jack, and distinct parallels can be drawn between the two entities.[28] The stories of Pérák provide a useful example of how the traits of Spring-heeled Jack have a broad cultural resonance in urban folklore. Pérák, like Spring-heeled Jack, went on to become a folklore hero, even starring in several animated superhero cartoons, fighting the SS, the earliest of which is Jiří Trnka's 1946 film Pérák a SS or Springman and the SS.[37]

In contemporary popular culture

The character of Spring-heeled Jack has been revived or referenced in a variety of 20th and 21st century media, including:
Spring-Heeled Jack (1989) – a combination prose and graphic novel by Philip Pullman in which Spring-heeled Jack saves a group of plucky orphans from the malevolent Mack the Knife.[38]
The Strange Affair of Spring-Heeled Jack (2010) – an alternate history novel by author Mark Hodder, portraying Spring-Heeled Jack as a time traveler.[39]
The Springheel Saga (2011) – a three-series audio drama produced by the Wireless Theatre Company.[40]

See also

• Jack the Ripper
• Jersey Devil
• Jiangshi
• Krampus
• London Monster
• Mothman
• Owlman
• Batman
• The Shadow

External links

This is a continuation of part 1 post from here -- I hit a 40,000 character limit and all the images got messed up.

GMERICA, The Harbinger of Shorts

So Edwin, you keep mentioning these Affiliates, and I've been here for 84 years so where are they?
Here are some of them, including u/RealPulte (sorry can't remember who sent this, tag me for credit):
​
From $BBYQ court doc 179 - Interested Parties that want to acquire BBBY
These Affiliates and Interested Parties may seem like Pultergeists lurking in the subs, but they are Among Us:

• Ryan Cohen - a certified lurker that enjoys dank memes
• Pulte - frequent lurker of the subs and beyond_uranus
• Silver Point Capital - relation to Gary Hu (a portfolio manager under Brett Icahn)
• Angelo Gordon - relation to Andrew Teno (another PM under Brett)
• Putman Investments - owns Toys R' Us and Babies R' Us in Canada and now expanding inside Macy's and former Bed, Bath, and Beyond stores across the USA
• All of these parties or Affiliates have direct relations with the Activist Investors in some way

It's kind of funny that GMERICA started as a tweet from Ryan Cohen and has now transformed into something delightful, beyond the retail and household investor.
And it's all coming together, for the final cut scene.

69D Checkmate: Acquiring BABY With LBO Financing

I should start off by clarifying what I have discovered in that BBBY, the parent company, may not be the target for acquisition anymore.
The reason for that is because the covenant restrictions, liens, and debts have been removed through chapter 11 restructuring (thank you shorties) and no longer prevent BBBY from selling its prized crown jewel and subsidiary asset: buybuyBABY.
Therefore, the most logical step is to just buyout BABY directly in a carve-out and that is exactly what has already taken place which I will prove here.
So how was this LBO deal financed and handled?
I have discovered 2 major rounds of funding sent to BBBY for carve-out of BABY, but first:

• Recall the Billion Dollar Pooled Funds that are under direction and control of Brett Icahn
• Recall the Buying Ratio for co-investing of a $39 to 1 ratio where the "employee" Isthmus LLC under control of Brett via Icahn Capital, and that whenever the employee makes an investment up to $7.5M per transaction then the "employer" $IEP will match up to $292.5M for combined $300M maximum per transaction

Round 1 Financing - Creating the DIP Agent Lender and DIP Facility for ch11
The first round of funding delivered to BBBY came from $IEP indirectly through a Shelf-Registration filed with SEC on July 26, 2022 by pledging up to $400M in $IEP Depository Units (put up as collateral for loans). I mention indirectly, because those funds were routed to Sixth Street Partners then given to BBBY.
On August 24, 2022, BBBY received up to $400M in emergency funds needed to stave off bankruptcy, according to Barron's:

Bed Bath & Beyond Finalizing $400 Million Loan With Sixth Street Partners
Aug. 25, 2022 9:33 am ET
Bed Bath & Beyond is in exclusive talks with asset manager Sixth Street Partners for a loan of about $400 million.

While MSM is known for spreading FUD, they were at least able to confirm this in half-truths but I will correct it:
Sixth Street provided this emergency loan of $400M to BBBY, but with good intention because BBBY knew they were being cellar boxed to bankruptcy. Sixth Street has been identified as the DIP Agent Lender in $BBBYQ ch11 court docs and is legal counseled by Proskauer Rose via IEP, as I mentioned in part 1 post.
The first round of funding enabled the Activist Investors to save Bed, Bath, and Beyond, while simultaneously become the stalking horse, and gaining Super Seniority to acquire Assets in the ch11 court sales by providing the DIP Facility (another signature move by Icahn).
None of this would have been possible without the shorting hedge funds and abusive naked shorting that essentially led to the creation of the ultimate bear trap and has now revealed they are swimming naked with 348 million shares oversold to retail investors - Check ✅
Round 2 Financing
This will be broken down based on IEP filings into two parts to see the movement of the Funds.
Part 1, beginning in the first quarter of 2021 and reported on IEP 10Q filing on page 13, here summarized:

As of March 31, 2022 and December 31, 2021 Brett had investments in the Investment Funds with a total fair market value of $86 million and $93 million, respectively. IEP also entered into a guaranty agreement with an affiliate of Brett Icahn, pursuant to which IEP guaranteed the payment of certain amounts required to be distributed by the Investment Funds to such affiliate pursuant to the terms and conditions of the Manager Agreement (terms of the Buying Ratio).

I mention this part to understand how much Funds were available to Brett, which is $86M based on fair market value (these were pledged depository units for loans) as of March 31, 2022.
​
Now for Part 2, beginning in the first quarter of 2022 and reported on IEP 10Q filing on page 13, here summarized:

As of March 31, 2023 and December 31, 2022 Brett Icahn had investments in the Investment Funds with a total fair market value of $49 million and $50 million, respectively. IEP also entered into a guaranty agreement with an affiliate of Brett Icahn, pursuant to which we guaranteed the payment of certain amounts required to be distributed by the Investment Funds to such affiliate pursuant to the terms and conditions of the Manager Agreement (terms of the Buying Ratio).

By March 31, 2023, it appears Brett invested some of the Funds and after doing some basic math: $86M minus $49M comes out to $37M utilized.
Following the terms of the Buying Ratio for $39:1 to enable co-investing, Brett would have had to make several transactions between 12/31/21 to 3/31/23, but each transaction would have been capped at $7.5M each, however, when aggregated it comes out to $37M for that period.
So $37M x $39 = $1,443,000,000 or $1.443 Billion combined investment from $IEP, as directed by Brett.
Where did that money go?
It was given to B. Riley Securities (representing the mystery buyer IEP) to handle the transaction, since Hudson Bay Capital was removed after the Form S-1 was pulled (see post 1, section titled, "Preferred Stock via Form S-3 That Is Active").
Oh and this will help too, a screenshot from Pitchbook data that tracks Mergers & Acquisitions:
​
Brett Icahn invested $1.443B and Pitchbook reveals buybuyBABY was acquired for 1.44B (the euro conversion on Jan 13, 2023 was 1 EUR = $1.08 USD)
Remember when RC tweeted that he bought all the stocks on January 18, 2022?
Looks about right: buybuyBABY has been carved-out with LBO financing in a cash & share acquisition offer.
The buyer is B. Riley Securities providing $1.443B cash and Lazard providing a [unit] share swap received from RC Ventures via Indemnification Letter then entered into structured deal that binds IEP, RC Ventures, Activist Affiliates, and Interested Parties in the Dealer Manager Agreement.
Here's a break-down to see how the buyer(s) were structured in the deal:

• Debtoseller: BBBY company to sell buybuyBABY asset in ch11
• Buyer: B. Riley Securities (BRS) acting on behalf of the mystery buyer(s)
• BRS combines IEP (cash) and Lazard (shares) for the offer
• Lazard represents all the buyers under the Dealer Manager Agreement (DMA)
• The DMA represents a consortium of buyers: Activist Affiliates including Pulte, RC Ventures, Interested Parties, and IEP

BABY is ready to IPO into TEDDY as soon as the stalking horse bidder is announced and the terms of the asset sale are finalized through ch11 formal proceedings.
Checkmate ✅👑

TLDR, Summary of Entire Post:

• Carl Icahn created a Succession Plan on October 1, 2020 as a challenge for the young Brett Icahn to ascend the throne, where he will not be paid until he completes a task within 7 years or less
• Carl has pledged a vast amount of his wealth from $IEP, the Depository Unit shares as collateral to raise a Multi-Billion Pooled Investment Fund that co-invests as the "employer"
• Brett Icahn has been promoted to direct investments as a General Partner of $IEP and through his role as "employee" of Isthmus LLC
• Every time Brett the employee invests up to $7.5M then the employer $IEP matches up to $292.5M for a Buying Ratio of $39:1 and between 12/31/21 to 3/31/23, Brett invested $37M or $1.443 Billion aggregate combined
• $IEP is under attack because Carl owns 84% of total shares outstanding and shorts are naked shorting IEP out of desperation in hopes they can Margin Call and trigger liquidation to remove Carl as General Partner of IEP.
• The short attack by Hindenburg Research is actually masking a swap that has been setup to anchor $BBBYQ with $IEP so the two stock tickers run inverse to each other and has currently collapsed $IEP to -70% for 5-year all-time lows.
• Brett Icahn must prove he can generate a return and show he is capable of taking over Carl's IEP Empire. Within 1 month of the succession plan, RC Ventures and its Activist Affiliates writes a letter to the board of GameStop on November 16, 2020 and the Saga begins.
• GameStop is saved from cellar boxing with an At-The-Market offering on June 2021 where a second sneeze generated a $1 Billion war chest and was deployed to finance the development of GameStop NFT marketplace and creation of a Web 3 Metaverse world.
• Following the discovery of meme stock basket and swaps, the Activist Investors & Affiliates move onto $BBBY with RC Ventures sending a letter to the board on March 6, 2022.
• On August 18, 2022, RCV sells or transfers his shares of $BBBY to an investment bank named Lazard Ferres, a friendly to IEP which has been utilized in the takeover of HP & Xerox.
• On October 18, 2022, Lazard enters into a Dealer Manager Agreement, which binds all groups together: IEP, Activist Affiliates, and Interested Parties into a single, sole buyer.
• The Activist Affiliates have been identified as Pulte and RC Ventures, with Interested Parties as Putman Investments (owner of Toys R' Us in Canada), Silver Point Capital (ties to Gary Hu), and Angelo Gordon (ties to Andrew Teno) as named in $BBBYQ ch11 docs.
• The LBO deal to finance the carve-out of buybuyBABY is complete where the debtor (parent company BBBY) entered into a deal with B. Riley Securities for a cash and share offer.
• B. Riley Securities (acting as buyer for IEP) is the only authorized remaining party to handle the transaction with BBBY based on an active Form S-3.
• Lazard (acting on behalf of IEP) created the Dealer Manager's Agreement: a consortium of buyers including IEP, Activist Affiliates, and Interested Parties.
• The First Round of financing began with $IEP sending $400M Depository Units to Sixth Street which would setup the DIP Facility and give IEP Super Seniority status to claim the sale of assets (BABY) in ch11. With the Second Round of financing via Dealer Manager Agreement that started in October 18, 2022 which brought Lazard (holding RC Ventures shares of BBBY) to B. Riley Securities (holding the $1.443B cash received from $IEP that pledged Depository Units as collateral).
• The Carve-Out deal completed sometime mid-January 2023 or perhaps when RC tweets that he bought all the stocks. A Pitchbook data screenshot reveals that BABY was acquired On Jan 13, 2023 and ch11 court docs reveal that Lazard mentions a specific sale of BABY if the debtors (BBBY) will consummate a sale then Lazard will be paid a percentage fee for the deal.
• GMERICA is the Four Horsemen of Shorties MOASSAPOCALYPSE = IEP, GME, BBBY, and soon TEDDY.
• GMERICANs will become Unithodlers of the new company TEDDY, post-SPAC IPO when all things are said and done.
• buybuyBABY has already been acquired and are following formal procedures as laid out in the timeline by BBBY court docs, with the next hearing on May 31, 2023.
• An official announcement of the carve-out sale of buybuyBABY will soon come.
• Icahn will have its due and shorts will never forget the Blood, Bath & Beyond to Uranus

MOASS HAS ALREADY BEGUN.
GMERICA 🏴‍☠️

This is part 2 and a continuation from this post about Unitholders (or should I say Unithodlers?).
Disclaimer: I am not a financial advisor and this is not financial advice.

Preface: GMERICA Bull Thesis

What are units?
In part 1, I discovered how a unit may contain multiple securities combining GME and IEP and that the transaction is currently being handled by Jefferies which links all 3 companies: GME, IEP, BBBY = GMERICA.
Furthermore, I believe these units will be used in the $BBBYQ chapter 11 bankruptcy restructuring for a leveraged buyout (LBO) deal involving cash and a [unit] share swap to either (1) purchase BBBY, or (2) just the subsidiary asset buybuyBABY, the crown jewel -- towards the end of this post, I will clarify what will most likely happen as a result.
Upon completion of the LBO, a carve-out of buybuyBABY will then initiate a SPAC IPO to launch TEDDY into a new public company. This is the end goal.
According to the SEC: Warrants. A SPAC IPO is often structured to offer investors a unit of securities consisting of (1) shares of common stock and (2) warrants.
Common stock and warrants are currently involved in the buyout of Bed, Bath, and Beyond and has been mentioned in the ch11 court docs. Basically, the SPAC IPO is a vehicle that will deliver the units to the buyer of BBBY.
This carve-out of buybuyBABY from BBBY will force shorts to close.
How? Shorts will be forced to deliver units (shares of $GME x $IEP x $BBBYQ) and new TEDDY shares to the shareholders at all 3 parent companies: Bed, Bath, & Beyond, GameStop, and Icahn Enterprises LP.
Moving forward, I will now refer to these future shareholders as Unithodlers or simply GMERICANs, who will become owners in the new company TEDDY in a post-SPAC IPO.
This is my bull thesis for GMERICA.
Now for the endgame play.

The King's Empire Under Siege

Carl Icahn's $IEP empire is directly under attack by shorts, MSM, and SEC investigation.

FYI- IEP is a holding company that directly controls and owns companies in 7 industries with 14 board members in other public companies.
It is a conglomerate and makes me think of the Iron Bank from the Free City of Braavos in Game of Thrones. And Icahn will have its due.

The attacks on IEP are playing out exactly as Dr. Patrick Byrne once said (credit u/EnvironmentalPlan870):
​
OSTK CEO confirms everything that is currently happening to IEP
​
But why are they attacking?
See part 1 and the section under "A Master Fund for Handling Units", then this next part will make sense.

The HindenNothingBurger & its Blitzkrieg Report of Destruction

A shorting-selling hedge fund named Hindenburg Research released a self-serving report on IEP claiming that the company is operating a pyramid scheme which has caused the stock price to collapse -- to All-Time 5 year lows.
​
IEP stock collapsed by -70% to 5 year lows
On the outset, it looks like a classic short and distort campaign but the motives are actually much more nefarious.
First, IEP is majority owned by Carl Icahn where he holds a staggering 84% stake in the company which would make one wonder - where are shorts getting shares if Icahn owns most of it?
The simplest answer: Illegal naked shorting, or selling shares in a company you don't own. It's called stealing.
Second, the real reason why shorts have laid siege to Carl Icahn's empire is out of desperation and a feeble attempt to dethrone the King. Here, this will explain, from IEP's 10Q filing:
​
From IEP 10Q filing, pg 48 - Depository Units & Risk Factors
​
TLDR; 10Q Summary

• Carl Icahn controls the publicly traded company $IEP LP (limited partners) through a private company called IEP GP (general partner, or the controlling manager of the LP)
• Carl has pledged 202M depository units from $IEP to get a loan worth up to $4.17B (for LBO)
• $IEP is aware of the shorts attack on the company and have released this 'Risk Factor' notice
• Shorts are trying to force a Margin Call on Carl's position on the loan
• Shorts are attempting to lower the Unit share price of $IEP in hopes of triggering a Forced Liquidation and removing Carl, the controlling person as GP of $IEP

Another ape u/alebubu noticed too, in this post.
The siege began on May 2, 2023, at the same time Hindenburg's Short Report was released:
​
The Blitzkreig Short Report masking the Swap that has been Activated
​
And of course, now it looks like a swap has been setup to anchor the $BBBYQ rocket while suppressing $IEP stock price. Credit for technical chart to u/Charoenlai:
​
Shorts setup a swap on $IEP & $BBYQ, kinda like the meme stock basket of $GME vs. the world to prevent these rocket(s) from flying
Basically, Icahn knows. Pulte knows. And Cohen knows:
​
Ryan Cohen likes Pulte's tweet on the Shorts Strike Back (simulation confirmed)
In my first post that seeded GMERICA, I wrote about Carl Icahn the OG Activist Ape aka MSM-dubbed Corporate Raider:
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Icahn has a track record of success and here's what he said in a letter to shareholders of his company on June 6, 2022:
"My activist engagements have generally produced exceptional results. To elaborate, our activist activities have created close to $1 Trillion in value for all shareholders in the aggregate who’ve held or purchased stock when we did and sold stock when we did. I believe our record unquestionably proves that holding CEOs and boards accountable to shareholders manifests great results."

This man fucks and shorts are about feel it:
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Carl Icahn hits back: \"He's planning something that these guys will never forget.\" -oops, MOASS
But will it be the Bull King that raids these shorts or will it be someone else?

Enter: The Prince of 69D Chess

Much focus has been on Carl Icahn but few know about his son, Brett Icahn:
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The father, master strategist and the protégé son playing Chess
The image above is from an HBO documentary & movie called: The Restless Billionaire. The movie details the life of activist investor Carl Icahn and the story behind all the companies that he acquired. It truly is inspiring and I highly recommend watching.
In one scene, Carl says the following:

"I'll say this about Brett, he's much more low-key than I am. But he's one of the most obsessive characters, and he'll work very hard at something, extremely hard, especially if it means beating me at something."

The movie also reveals how Brett and Carl used to routinely play chess but stopped because Brett became too good, and kept winning against Carl.
Brett introduced Carl to tech stocks, starting with Netflix then Apple and now GMERICA (more on this below). Brett admits he received a privileged start but learned to swim on his own when Carl gave him a challenge.
Brett wanted to manage money but had to prove himself by working for free: no salary, no bonus, and no income until he could generate a 7% return, first for Carl, then Brett would get paid later.
In 2012, Carl invested into Netflix on behalf of Brett's recommendation and later in 2015 generated a return of $2.2 Billion, one of Carl's best investments. That success enabled Brett to launch his own fund and start the Sargon Portfolio.
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https://fortune.com/2015/06/25/how-much-icahn-made-on-netflix/
Carl tweeted at 7:41am and Netflix did a 7 for 1 stock split. This is 741 on 741 and might just be the best Fortune I've come across.
Now, back to the SEC filings, so you can see how this Saga took form.

The Succession Plan Where Only The Young Can Ascend

Brett continued to gain success and at one point, he wanted to go independent. However, Carl made him an offer to take over the family Empire and on October 1, 2020 the succession plan began:
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Succession plan initiated for Brett Icahn, the Princes of 69D Chess to take over $IEP Empire
I will TLDR summarize these filings in the next section.
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Terms of the succession plan and Manager Agreement
Again, I will TLDR summarize these filings in the next section.
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https://preview.redd.it/uwh66mjsvw2b1.png?width=1160&format=png&auto=webp&s=1d50a38dfb5c7d0a3ff2f7e8af6a6aacd212be5d

TLDR; Summary of Succession Plan & Ascension to the Throne

• Brett Icahn enters into a Manager Agreement where he becomes the "employee" under a single-member LLC known as Isthmus and serves the "employer" $IEP LP to direct investments
• Brett becomes the Investment Fund ("Fund") manager and controls all investments as General Partner via Icahn Capital.
• The Funds are comprised of IEP depository units put up as collateral for loans, including other private investments or entities, and funds from Affiliate parties to IEP -- remember this part for later.
• Simply said: there's a lot of money involved in the Billions as a massive pooled investment by private equity. This a raid party of Activist Investors that you don't wanna fuck with it.
• Brett purchases $10M of depository units from $IEP to start his fund via Mesa & River Portfolios.
• Icahn Capital hires 3 portfolio managers (PMs) to assist Brett, they are: Gary Hu, Andrew Teno, and Steven Miller. Each have designated roles to assist in research, analysis, and evaluating investments. These hired PMs have extensive backgrounds in finance, debt, and special or complex transactions. Additionally, the PMs graduated top of the class from Ivy league colleges and have sat on boards of companies like Xerox, Bausch + Lomb, Newell Brands -- so they know their shit.
• The Buying Ratio sets the investment terms with a $39:1 ratio which caps out per transaction. For the "employee" Isthmus, that is $7.5M investment with a matching "employer" investment up to $292.5M for combined $300M maximum per investment transaction -- remember this for $BBBYQ later. Think of this like working for an employer and every time you contribute to a 401k, then your employer matches, except this is for investing into public companies and your company co-invests with you.
• The succession plan requires Brett to work for free again, to prove that he is capable of generating a return for the company and he must complete the task in 7 years or less to become Chairman.
• Brett is promoted to a director in IEP GP which is the private and controlling company to $IEP. Therefore, Brett directs how the Funds are invested on behalf of his father's empire, and/or with his father.
• Bottomline: The Prince is in control of the Empire, its vast resources, and he must prove his worthiness to the King. Now, let the Activist Raids begin.

With a succession plan in place and structure set up, the next step was to find a target company that desperately needed saving from the abusive naked shorting hedge funds.

Activist Raiders Set Sail to GMERICA

Somewhere along the way, Ryan Cohen and Brett Icahn met. Perhaps long before the succession plan was activated:
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Brett Icahn was involved in the gaming industry in 2010
Brett was a board member of Take-Two Interactive, makers of the Grand Theft Auto game franchise, so it would be safe to say that Brett knew a thing or two about the Gaming Industry and its growth-rate.
This is supported by the fact that Carl admitted he was not into tech stocks therefore Brett likely suggested Take-Two as an investment to his father, just like Netflix.
The Apple doesn't fall far from the tree.
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Robbie Ferguson of IMX tweets an infographic of 10% YoY growth-rate of Gaming
I wonder if Brett and Robbie know each other, probably.
Then there's this timeline of cohencidences too (Brett has a detailed history of involvement and familiarity with NFTs, crypto, and blockchain tech):
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Unverified Brett Icahn twitter account but the timeline is interesting. Still, I kinda like this Brett, no chill on tweets and out there blasting everyone.
P.S. someone had to take that photo of Ryan Cohen and Carl Icahn, guess who?
You're goddamn right.

Enter GameStop: Prelude to GMERICA

One month after IEP's succession plan (Oct 1, 2020), Ryan Cohen writes a letter to GameStop board on November 16, 2020:
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RC Ventures letter to GameStop board
Take notice of the first sentence: RCV with AFFILIATES - like the same Affiliates that just raised a massive Multi-Billion Dollar pool of Investment Funds for Investor Activism and acquiring companies.
Are you starting to see where this is all going?
With a turnaround plan successfully implemented into GameStop, the company was able to escape Cellar Boxing. However, it was not entirely free due to swaps as covered by u/criand's meme stock basket DD.
I believe in the first half of 2021 and post-sneeze, most of the Activism plans were just formulating since GameStop was still in dire straits up until June 2021. And that's when a second sneeze occurred which allowed GME management to conduct an At-The-Market share offering with Jefferies as the handler which generated a $1 Billion Dollar War Chest to finance the development of GameStop NFT marketplace and create the foundation to build a Web 3.0 Metaverse world in 2022.
With one target company acquired and stabilized, it was then time to move onto the next.

Enter Blood, Bath, Beyond: 69D Rugpull

When systemic corruption in the markets were exposed from the Jan 2021 $GME sneeze, an international community of diamond-handed apes were borne from the aftermath, and were ready to gobble up entire company stock floats then Direct Register the Shares in their name (DRSGME.org & WhyDRS.org).
After GameStop, the Activist Investors set their sights on the next target company $BBBY and once again, RC Ventures wrote a letter to the board at Bed, Bath, and Beyond on March 6, 2022:
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RC Ventures letter to $BBBY board
There it is again, the Activist Investors and their Affiliates show up to acquire another company.
Except this time they want to spin-off the buybuyBABY to pay off debt in the parent company, with a goal to evaluate a Full Sale to a Well-Capitalized Acquirer.

FYI- as of 4/23/23 from court docket 10 on page 27, it revealed that $BBBY had $1.8 Billion in total debt so they would need a massive pooled investment to buy out the entire company and then spin-off buybuyBABY (but a carve-out is the real plan).

After RCV sent the letter to $BBBY board, it was also around the same time when a bunch of GameStop NFT creators hoisted the flag 🏴‍☠️ and started tweeting in unison.
Pepperidge Farm remembers.
I won't dive into details since my other GMERICA posts (see my history) cover everything up to this point so I will focus on this event which is relevant:
RC Ventures sells his $BBBY shares on August 18, 2022.
Recently, it was discovered in $BBBYQ ch11 court docs that when RCV "sold" the $BBBY position that it in fact DID NOT return those shares back to the public markets.
Now, if you combine your newfound knowledge about Investment Funds and Affiliates then it becomes pretty clear that RCV "sold" or most likely transferred the shares to an unnamed party and who might that be?
It is Lazard Ferres, an investment bank, which was pointed out in this post by u/travis_b13.

Lazard has been utilized to carry out LBO transactions for IEP's takeover of HP & Xerox by working with Carol Flaton of AlixPartners. Carol was hired as an independent director of $BBBY in late January 2023 and later appointed to $BBBY board.

TLDR summary of Travis_b13's post:

• In $BBBYQ chapter 11 bankruptcy proceedings, it was recently revealed on docket 345 that Lazard Freres, an investment bank was retained for any sales transactions and restructuring.
• Lazard Freres entered into an Indemnification Letter on August 10, 2022 which enabled Lazard to buy, sell, underwrite, place or purchase any securities in a financing or otherwise placement agency or purchase agreement -- basically Lazard had free reign to do ANYTHING with the shares that it was about to receive from RC Ventures on August 18, 2022
• Furthermore, docket 345 revealed that Lazard and BBBY had an engagement letter and also a Dealer Manager Agreement dated on October 18, 2022.
• What is a Dealer Manager Agreement? It is an agreement that governs the relationship between the offeror (BBBY) and the dealer-managers (the Activist Investors & Affiliates) and is signed by the parties to the commencement of a debt tender offer -- a signature LBO move by Icahn to acquire companies.
• Within the same docket 345, discovered in this other post, it mentions Lazard wanting a percentage fee of buybuyBABY when the sale consummates between debtor (parent company BBBY) and the buyer (IEP).
• Lazard is holding the shares it received from RC Ventures and entered into another deal via Dealer Manager Agreement with a different party on Oct 18, 2022.

Guess what also happened around October 18, 2022?
Ryan Cohen tweeted this -- perhaps there was a meeting and signatures were required:
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OG Activist Investor & The Young
Before we wrap this up, let's tie up some loose ends.

Forced to split post, continue part 2 here: https://www.reddit.com/edwinbarnesc/comments/13vcix1/gmerica_activists_affiliates_the_return_of_icahn/