Reddit Posts
Pre-Market Gainers and Losers for Today (July 30, 2026) 📈 📉
Optimizing for spite and minimizing value extraction from self
Plaid Technologies Inc. ($STIF.CN) Due Diligence Overview
$SONM REVERSE MERGER: THE COUNTDOWN BEGINS
(LON:IMC) IMC Exploration, a 5M mcap gold producing mine (10 bagger)
An update on $SONM and the rumoured Qumulus AI RTO
The market is laughing at a “penny stock” that might secretly be a $5B AI RTO in disguise ($SONM)
The ugly duckling AI play: SONM and a potential $300M Reverse Take-Over
The ugly duckling AI play: SONM and a potential $300M RTO
What is going on in OPI? 150% on real trading volume??!!
SONM sold its legacy business - now it’s just a Nasdaq-listed shell. The rumour? A $300M AI infrastructure company might reverse merge into it.
YOLOing into a $0.57 AI Shell because the chairman liked a linkedIn post. What could go wrong?
PARAMOUNT (PSKY) about to nuke their NFL cash cow
$WFLD / $LTV: A Geopolitical Catalyst: Why Trump's Tariffs on Swiss Gold Could Be a Game-Changer for Tradewind Markets
I Believe I Have Discovered the Identity of $SONM RTO Target
$WFLD / $LTV: A Major Step Forward – Wellfield Appoints Public Company Expert as New CFO
Palantir spies on US residents/works with ICE for profit. Palantir’s value has almost doubled since Trump’s RTO. Mass sell off?
For RTO mergers requiring a $4 listing price, how critical is that threshold?
$WFLD/Leonovus RTO Update – Fresh Insights from Leonovus MD&A (May 30, 2025)
$WFLD/Leonovus RTO Update – Frische Einblicke aus Leonovus MD&A (30. Mai 2025)
[Question] How does the $4 minimum bid rule work after an RTO takeover happening on NASDAQ?
Why Uber is increasingly looking like a smart medium/long term pick
$WFLD/Leonovus RTO Update - Analysis of New Financial Documents
I am afraid to stop contributing towards my investments to build 6 month emergency fund because of my portfolio manager
WSB and Stocks won't let me post this but here is my DD on $OPI - JPOW to the MOON
AWS Can't Compete in Cloud so Now Is Openly Attacking Microsoft
Private company I invested in looking to go public through a reverse takeover (RTO)
Mentions
Between RTO and the specter of layoffs the only people left are yes men and women
Still way more charisma than Garman who should just not be allowed on stage. "bean counter" though as per the prior comment, that is the real issue. When accountants are running your business you're screwed. Jassy also doubled down on the RTO BS that drove a lot of people out.
He was actively trying to thumb the scale for a recession in order to use that to force RTO more widely to save his and his friend's corporate real estate investments just a few years back. Thank you for your very accurate comment and calling this jerk out.
My company isn't laying people off but have very obviously set up the RTO policy to enable getting rid of people without having to pay severance.
I boughtt wework in 2021 because of RTO
God I hope so. RTO executive order brought so much waste
$77.22 to fill up my old beater honda accord today, to drive to a job i can do from home (and was doing from home since 2011) but the manager got an erection for RTO last January after watching the inauguration my tires won't pass inspection next month. the tires i normally get will cost me over $1,000. gonna have to get the Prinx poverty tires at walmart so much winning. are you feeling it?
But I am also going to promote RTO.
What about the violent RTO mandate? We can't have the middle managers and directors have to do their own work! They NEED people in office to stalk and pester so they seem important too!
Agreed. I worked for 2 huge investment banks in Baltimore and another one in NYC and the difference between the leaders of the ones in Bmore who were focused only on cost cutting and the leader in NYC who was only focused on growing the business as effectively as possible was night and day. At the first 2 companies employees were treated like a number on an excel sheet and therefore like shit. While in the other firm u could just see they truly valued employees with things like RTO policy only being 4 days out of the Month and other quality of life amenities employees actually voted for and u could just guess which of these companies was the toughest to land a job at lmfao
But, didn't they force everyone to RTO?!
They are the only company whose sole business is what they do, others have it partially merged into another businesses etc and dont fully do what they do They are known By every oil co for KYC. They have barely diluted at all, excluding the RTO, which was march 2025, all rtos are messy though and this is well behind the company though now they have a clean listing. The CEO in interviews on heidmars channel the only downside is a global recession https://youtu.be/kETIpjOajPU?si=1qHuqwcf7QriOetB
Meanwhile the administration is huge on mandatory RTO
I believe the return to office (RTO) & work in-office mandates really come down to two things: 1. Ego: people just want to make themselves feel important by showing up and telling people what to do -- it's all theatrics & a circus 2. Sex in the workplaxe: I'll admit this is one downside of being 100% remote. With that being said I wouldn't trade it for the world
FERC was not defanged in any material way, and especially in any way that would benefit OKLO. What are you talking about? PJM will win, they are the largest RTO and don't lose unless the government feels like resetting century old energy policy.
PJM isn't competitive to OKLO they're an RTO, here is their purpose: The purpose of the RTO is to promote economic efficiency, reliability, and non-discriminatory practices while reducing government oversight. So yeah highly doubt they're removing OKLO because of monopoly concerns. They're removing it because the projects are too speculative.
And great at implementing RTO to make up fake work for executives
how the fuck are they a 30B business after mandating RTO cucks
Corporate wants you to RTO but gives you sandpaper to wipe your ass.
It’s hilarious that Rockstar did RTO mandate after the last leak, pissed everyone off, lowered productivity, then still got owned by leaks/their own poor marketing strategy.
Gas going to the moon: CEOs let's finally mandate RTO
RTO mandates are part of the reason. What’s the point tho? We’re a car-first country.
Lately I think they’ve all been about why they need the layoffs and why you need to RTO so they ultimately can continue to bring tech workers to heel. They need good worker bees not people with lives.
I upvoted, - but the RTO mess is finished and b riley they have only diluted 0.4% over all this time lol
Pair this with RTO mandates, and now you’ve got company data on lock down. All conversations, relevant or not, being eavesdropped on? Employee monitoring? Damn, the synergistic solutions will truly be a catalyst for cutting edge pivots.
Imagine getting RTO'd, colleagues fired, minimal to no raise, ad growth XX%, and billions wasted by your billionaire boss. And you can't even afford to buy a house in the South Bay.
to every manager with the *there's no team without "me"* bullshit as they do blanket RTO fuk-you. fuk you in the face
Sounds like a crappy business model in MGO not HMR that has to pick up the pieces of a RTO which is always messy
Actually, if you live anywhere in the grid that runs Virginia (PJM), you are paying some of the costs. While medium to small transmission projects are just paid for by that utility’s customers, large transmission projects are paid for by everyone in PJM. In addition, adding energy use raises the cost across the whole RTO.
Read the post, it was an RTO, different company and ipo costs. Now it is clean and reporting profits
Like listening to CEO explain why RTO is great for us
also, mandatory RTO regardless of where you live, get fucked
Yes, and Jamie says if we don’t all RTO, the world will perish
and now with RTO, you have to physicall sit there in the same Zoom meetings you got to do at home f it
Has it really been 8 since the RTO? I couldn't even remember lol
Not really a weird flex if I’m responsible for 100’s or thousands of people making good money. Read the RTO point, they ipod via rto as many companies do and it is always messy. Legacy mess with old shareholders, no longer issue for us now, who cares about past?
Crap dusting coworkers is the only thing preventing me from losing mind over this RTO
When Cerebras Systems doubled on its Nasdaq debut, I started wondering about something: Is there still an AI infrastructure play that the market hasn’t fully priced in yet? I missed the Nvidia run. I missed the Cerebras IPO. By the time I got into China’s AI chip names like Cambricon Technologies and Hygon Information Technology, valuations were already through the roof. Same story every time — watching everyone else make money while I sit there holding cash. Last week, I was screening Nasdaq-listed small caps tied to AI using keywords like “edge computing” and “AI inference.” That’s when one ticker caught my eye: $MAAS. One phrase in the announcement stood out immediately: “edge AI computing,” alongside a RMB 5 billion investment. So I dug deeper. And after researching it, I came away thinking this might be much bigger than it looks. I’m writing down my thought process here — you can decide for yourself. First, let’s talk about Cerebras. Last week on Nasdaq, CBRS opened up over 100%, pushing its market cap past $65 billion. Wall Street lost its mind. Why? Because of one chip: the WSE-3 — 4 trillion transistors, an entire wafer without cutting, 21 PB/s of on-chip SRAM bandwidth, and inference speeds reportedly 21x faster than Nvidia’s H100. That’s real engineering. No argument there. But here’s the thing: Who exactly does Cerebras solve problems for? Microsoft. Google. Sovereign AI funds in the Middle East. A single CS-3 system consumes 23kW of power, requires specialized liquid cooling infrastructure, and costs a fortune. This isn’t infrastructure for ordinary businesses. It’s infrastructure for OpenAI-scale players. So where’s the opportunity for regular investors? In China. Specifically, in edge AI computing. First, understand why deploying AI in China is still difficult. Have you noticed something strange? Foundation models keep getting more powerful, but AI applications inside factories, toll stations, logistics hubs, and remote mining sites still struggle in real-world deployment. The issue isn’t the model. It’s the architecture. Centralized cloud computing runs into three major walls that keep AI trapped inside data centers: The first is the latency wall. Industrial quality inspection often requires decisions within 50 milliseconds. Autonomous driving systems need obstacle response times below 100 milliseconds. If data has to travel to the cloud, get processed, and come back, network round-trip time alone can exceed the threshold. At that point, it doesn’t matter how fast the chip is — the accident has already happened before the inference result returns. The second is the bandwidth cost wall. Imagine dozens of HD video feeds streaming from a factory to the cloud 24/7. Dedicated network costs alone can run into millions annually. At scale, bandwidth costs destroy the business model. The third is the data sovereignty wall. China’s Data Security Law places strict limits on sensitive data leaving local environments. Industrial formulas, smart city data, power grid scheduling information — a lot of it simply cannot be freely uploaded to centralized clouds. Cerebras doesn’t solve any of these problems, because that’s not the battlefield it’s fighting on. Now look at this company. Huazhi Future, under MAAS Intelligent Technology, partnered with China Electronics Computing Power and Zhongwai Zhiyu to launch a project called the “Xingchen Edge AI Computing Cluster.” Total planned investment: RMB 5 billion. Its first edge computing node reportedly delivers 4000P of computing power and is directly powered by renewable energy, positioning itself as a zero-carbon AI infrastructure benchmark. What does 4000P actually mean? It means a single edge node can simultaneously handle dozens of mainstream inference workloads. This isn’t traditional edge computing anymore. This is basically a mobile AI supercomputing center packed into containers and deployed directly where inference is needed. What’s smart about the Xingchen architecture? Let’s break it down. Layer One: Dual-core AI computing centers. One in Yinchuan, Ningxia, with 512 servers. Another in Yiwu, Xinjiang, with 256 servers. Why those locations? Cheap renewable power. Low land costs. Full alignment with China’s “Eastern Data, Western Computing” initiative. Western China’s computing costs can reportedly run 30–40% lower than eastern regions. That’s not software optimization — that’s geographic arbitrage. The two centers operate in active-active redundancy mode, meaning if one fails, the other takes over instantly. Enterprise-grade disaster recovery with near-zero RTO. Layer Two: 50–100 distributed edge nodes. Each node contains 10–16 edge servers delivered in containerized form — plug-and-play deployment with elastic scaling. Traditional data centers can take 12–24 months to build. These nodes can be deployed almost immediately after delivery and power connection. Technically, each node does three things: * Localized inference execution, reducing latency close to zero * Nearby data processing, cutting bandwidth demand by up to 90% * Local data residency, keeping customer data fully compliant with China’s regulatory framework Layer Three: Unified scheduling platform. One centralized platform orchestrates all nodes nationwide, handling resource pooling, intelligent workload scheduling, AIOps maintenance, and granular FinOps billing. In plain English: Compute resources become something like an electrical grid — centrally coordinated, consumed on demand, and billed dynamically. That’s what a true national computing network looks like. And policy alignment? This is where MAAS may have positioned itself extremely well. “Eastern Data, Western Computing” — check. “Xinjiang Compute Serving Chongqing” — check. China’s upcoming 15th Five-Year Plan shift from infrastructure construction toward operational efficiency and controllable security — also check. The Xingchen platform seems almost purpose-built for that transition. Three national-level policy trends, all aligned at once. That’s not luck. That’s strategic positioning. Huazhi Future has also reportedly established partnerships with Chongqing active-active data centers, the Ya’an AI Computing Center in Sichuan, and the Beijing Super Cloud Computing Center, while appearing on CCTV as a representative example of practical “Eastern Data, Western Computing” deployment. One final thought. Cerebras, at a $65 billion valuation, is solving the compute bottleneck for the world’s largest AI companies. Huazhi Future’s Xingchen project is trying to solve something very different: the real-world deployment bottlenecks of AI inside China — latency, bandwidth, and regulatory compliance. Its target market isn’t frontier model training. It’s manufacturing, smart cities, low-altitude economy infrastructure, and industrial AI deployment across China’s trillion-dollar industries. Cerebras’ logic is: Push centralized compute to the extreme so models run faster. Huazhi Future’s logic is: Bring compute directly to the edge so AI can actually be deployed. Both models make sense. But over the next five years, the second one may end up being far more important for China’s industrial AI rollout. Edge AI computing could become the final piece of China’s AI infrastructure puzzle. And Xingchen appears to be moving early. After finishing my research, I added $MAAS to my watchlist. I’m not telling anyone to blindly jump in. In fact, if you’re already opening your trading app to check the chart, hold on a second. This is how I’m thinking about it: First, catalysts. The first Xingchen node has already landed in Chongqing. Every future deployment phase could become a market-moving event: new node launches, customer contracts, policy endorsements, strategic partnerships. Since MAAS is Nasdaq-listed, material developments would likely require public disclosure, which improves transparency. Second, valuation anchors. Cerebras is already valued at $65 billion. Cerebras focuses on cloud-scale inference infrastructure. MAAS is positioning around edge AI deployment. Different markets, but both are fundamentally AI infrastructure plays. And the edge AI market opportunity may ultimately be just as large as centralized cloud inference. Compare the valuations yourself. Third, policy tailwinds. “Eastern Data, Western Computing,” “Xinjiang Compute Serving Chongqing,” and China’s next-generation national computing infrastructure strategy all point in the same direction. Historically, when policy, infrastructure, and AI narratives align in China, entire sectors can rerate very quickly. Of course, there are risks. Small-cap stocks can be highly volatile and heavily sentiment-driven. The RMB 5 billion figure is a phased investment plan, which means execution risk is real. And Chinese ADRs listed on Nasdaq always carry geopolitical and regulatory risk. But here’s the reality: When we missed Nvidia, we told ourselves it already looked too expensive. When we missed Cerebras, we said we heard about it too late. This time, while the Xingchen project is still early and before the market fully reacts, I’d rather study it seriously now than regret it later after the move is over. Manage your own position sizing. Set your own stop losses. But personally? I think this is a name worth putting on your radar.
I suspect this is happening in a ton of places and likely came from consulting firm like Mckensie or some shit. My company is also RTO three days, then watching hours in office (because of coffee badging) and as of like last year activity tracking (app usage, productivity, now keystrokes). And what’s dumb is I spend most of my time on conf calls not writing code. So my keystrokes don’t mean shit.
If you're prepared to go outside the US, Zegona Communications. They did an RTO of Vodafone Spain, have already multi-bagged but it is still early days, so I expect more to come. I'm in since before the RTO. #Zegona #ZEG.L #DYOR
Yeah dilution dumps are brutal - the stop loss approach helps but you're still leaving money on the table just to protect from something that's technically preventable with the right info. The $120+/month services are mostly charging for convenience, not data. The data itself is free on EDGAR - the problem is speed and knowing what to look for (active S-3 shelf + recent 424B supplement = live at-the-market offering risk). I've actually been using an app called Day Trader Sniper that surfaces this pre-market alongside the gap setup - flags active shelves so I can size down or skip before I'm in. Way cheaper than the alert services and it's built specifically for the Gap and Go workflow. If you want to check it out: [https://www.daytradersniper.com/aff\_nav?via=PtYFDz](https://www.daytradersniper.com/aff_nav?via=PtYFDz) The Chinese stock point is smart too - RTO shells and offshore ATMs are a whole other tier of dilution risk.
Well, those are the same kinds of people that complain about RTO policies at their workplaces. As an unemployed person who previously worked remotely, I certainly don't want to spend $20 a day on Uber every day I go to work at an in-person position. But then, that's what happens when I am banned from driving for life (I never had a driver's license, but I didn't need an optometrist to tell me not to get one because I know how bad my eyes are).
I like these VICI leaps. Jan 27 and June 27. Honestly like the play overall thanks for bringing it to another retards attention. Certainly some risk here, I’m not going to articulate it all nor do I trust myself to fully grasp the space as you and others in this thread do. With that said, the charts for VCI and ARE tell me these funds can be somewhat cyclical in terms of SP, and that ARE looks beaten tf down below fair value. I like them, and it’s a decent piece to fit into the non-gambling side of my port. Tossing a few grand in shares and a few more in leaps - I’ve thrown a lot more at much worse. Also, more companies are still going for the RTO shit, and i assume that bodes well here.
Certainly one way to get people on board with RTO
This is why Jamie Dimon was adamant about RTO. It’s so hard to sexually harass subordinates when everyone is remote. How else are their VPs supposed to get their rocks off if they force employees to fuck them?
"Sir, your speech must have worked. Everyone wants to RTO now."
Yeah HR dress coded me for my Jason mask Seriously though if some corpo got in my face about wearing a mask at the office when I was sick under RTO mandate I would cough in his face, bleed in his eyes *Fight Club* style, and feed them my own shit
I just had the pleasure of telling my manager that I'm retiring and if they want documentation, training and a legit turnover, I'll be working from home until that's all complete. The big boss mandated full RTO last year for everyone except the C suite. My manager was fine with me WFH, but mahogany row is throwing a toddler tantrum over it. They've tried threats, guilt and pouting so far.
I’ve lost like 80% of trades ever since I had to go RTO. It’s bullshit
Zegona Communications did an RTO of Vodafone Spain and funded it in part with a fundraise at 160p about 3yrs ago. In January they paid a special dividend of 162¢ (euros) leaving those who bought and held at the fundraise now holding their shares in it for a free ride........ the share price is today is 1750p! Zegona have a track record in buying, fixing, growing, selling companies and returning funds to shareholders. On your time frame, I think they they still fit the fit the bill, even though they've already more than 10 bagged since the RTO fundraise (so this isn't me looking to do a quick pump of my stock).
A direct listing is not the same as an IPO. A direct listing is a liquidity event for shareholders to exit (except shareholders who have more than 10% - they are locked in). You cannot raise money or file an S-3 with the markets for 12 months after you direct list. QumulusAI are a going concern according to their own accountants. They don't have enough cash to survive to the end of the year. The $500 million facility from [USD.AI](http://USD.AI) is for GPUs only and it is a 70% LTV - so they can only access it if they find $150 million. They do not want to IPO because they do not want to give up equity. They have been shopping for a reverse merger since last year's failed attempt to merger with Vincerx. The reason they are bothering with these S1 filings and amendments is because the prospectus that goes into a super 8-k reverse merger is largely the same as the one you would prepare if you were to IPO/direct list. By pre-empting SEC review now, they are weaponising the SEC's own approval against them so that they cannot block the merger once it completes. Usually mergers happen via an S4, but SONM was not able to go down this route as Social Mobile (now called NEXA) did not allow them to link the asset sale to the original RTO (S4) plan. So the only way to de-risk the merger is via S1 and S1-A filings. In the interim, the DNAX crypto platform scaffolding was put in place to avoid shell designation from the SEC/NASDAQ.
Which is why all the studies show best outcomes for employees and employers is hybrid but nuance is hard so instead we have hard RTO mandates
I have found that for every person like your wife there are at least 10 fuckers who spent their “wfh” time napping, doing housework, watching kids etc. so many of my coworkers would show as green on teams but obviously be AFK, not responding to messages. Things improved dramatically when we had RTO and I could go find someone to get an answer instead of waiting for them to finish folding laundry or whatever the fuck.
They've raised money and sold assets. It's not like they just said "AI" and their stock exploded. Basically just an RTO to make a new AI company.
And don’t think they won’t PIP them afterwards for not meeting RTO
They’re despicable. Tried claiming he’d never RTO them even after he put out the RTO. Continuously excuse every way he screws them over. Any Fed who voted for Trump deserves what they’re getting.
Khameni Jr just issued a fatwa against RTO. Amazon issued a statement indicating they’re sticking with it.
I just busted the smelliest ass on the elevator and left the crowd in there to marinate with it. Fuck RTO.
Khameni Jr called for an in person meeting tomorrow morning. Agenda: RTO - Importance of workplace cohesion.
I worked as a SWE at Microsoft for 4.5 years. The management chain from the CVP up is obscenely hilariously incompetent. They waste employees time with random rules to justify their own existence. In many orgs now one of the key metrics for performance is how often engineers interact with copilot. Mustafa has a new 4 day per week mandatory RTO policy and thousands of engineers are quitting the company because of it. This policy is primarily a short term way for Mustafa to justify to Satya why copilot has been such a flop. “We aren’t delivering user growth because our employees work remote. If we forced them to come to the office they would work harder.” 6 months from now when Mustafa still cannot deliver he will have no excuses left. Internally the security team has been given Carter Blanche to tear the company apart. Engineering time is wasted with continuous security reviews year round so that middle management can pretend to upper management that they are “doing security”. The auditors performing the security reviews can’t even articulate to the engineers what the goals of these security reviews are other than the need to be done. TLDR: Microsoft is a rotten cesspool of a company rotting from the inside out by virtue signaling amongst bloated and incompetent management. No one can get anything done due to fake work and broken abandoned tooling which no one is incentivized to fix.
They are one of the big tech companies that haven’t done super huge layoffs yet (there were some small ones). Maybe besides Google (but Google is actually leading in the AI space so they have no reason). Microsoft also just did RTO in January. I’m guessing there will be a big wave of layoffs in the coming months using RTO as an excuse to pump the stock.
I'm from SEA and my company that employs thousands implemented once a month RTO mandate until end of April. Demand destruction is on the way, but the next thing will be worse which is growth shock. Trying to buckle-up as this will be one hell of a ride.
The good news is maybe RTO mandates will get scrapped in a global gas crisis. The bad news is *many* people across the world *are going to die* in a global gas crisis, and he started it because he felt something in his bones or whatever
Khameni Jr just asked for an in person all hand meeting on the morning. Two items on the agenda: - RTO policy. Hidden benefits. - The 72 virgins 401K: Tax pitfalls.
Yep. RTO mandates were the convenient, preferred method to mask layoffs for a while there, but AI is the new, replacement method, as the RTO one was getting a little worn-out.
RTO 5 days a week mandatory so commercial real estate billionaires make more money No exceptions, even in Iran
Thank you 🥭 for destroying the RTO gang
>super low interest rate no, that's my point. a lot of the affected workers were probably hired between 2021 and 2024. if they were on the earlier end of that, it's likely they received an RTO mandate at some point in the last couple years, and on the later end they probably were hired right into an in-person or hybrid role. so I'm mainly talking about home purchases that occurred within the last 3 years, which yes, would still have involved \*historically\* low interest rates, but compared to the rates people got in 2020/21, they'd have been quite high.
Let's not pretend corporates believe in academia when in comes to labor. We know WFH is good for productivity, so do no stack ranking, 4 days work week, affordable housing. And here we are, in the year of 2026, with RTO mandates going around like there is no tomorrow, stack ranking, 996, company town making a comeback.
That’s cute. No shot employers just undo all the investments they made forcing everyone to RTO. Especially during an economic crisis.
Breaking: Khamenei Jr. is reconsidering the RTO policy after what happened to his dad. To discuss it, he’s ordered a mandatory in-person meeting tomorrow. Agenda: - RTO policy review - Unlimited PTO abuse - Clarification that “martyrdom leave” still requires manager approval
So when nobody can buy gas, will companies use it as a reason to fire w/o severance due to not meeting RTO compliance
Don't worry, most of us red state denizens got blitzed with RTO demands, so rather than staying home, we'll be driving en masse.
The next trick is everyone wfh to save gas. Then... then after that's proven to keep productivity for high wealthy fucks, RTO 2.0. "It just didnt work"
I am, but like may other companies the one I work for is pushing RTO hard!
Breaking: Khamenei Jr.’s first edicts, RTO canceled. Everyone will conduct their jihad on Teams. Also, unlimited PTO is not permanent vacation.
yeah no kidding i did the math for our household. if gas goes to $5 / gallon, it will take a -$500/mo chunk out of our monthly budget thanks to this administration's stubborn RTO push. we will divert $500 from other spending categories to plug the hole in our transportation budget (less eating out, buying fewer items, anything we do need to buy we will try to buy second hand or repairing/upgrading parts instead of replacing, cutting back on services, etc) Now multiply that by every middle class household in America, and the recession will be here in no time
Oh don't get get me wrong, I don't mean to trivialize what's happening there now. I kind of miss visiting but it's way too unpredictable right now. But I'm hoping that it will eventually stabilize. Maybe that's naive but that's the hope. Up here across the border we are also affected. So much of our trade has been with the US. Some of our leaders got the RTO idea from yours, it seems. Our prices have gone up a lot too, even basic groceries are much more expensive than even in December. A lot of our produce comes from your farms - even lettuce for some reason - why can't we grow enough of our own lettuce?
Yeah then you don’t know. Shit is expensive for the same or less than before. Thought Covid was bad but now it feels like it’s gonna get worse. We got breweries closing left and right. Strip Malls barely hanging on. Employers are doing the RTO to get people to quit. Companies are doing more with less and we aren’t happy about it. Gas prices been up because of the war like we weren’t just scraping by before and now this. So yeah it’s different today vs 2011…
What did Khameni in was his inflexible RTO policy. They could’ve had the Saturday call on Teams.
**Khameni last meeting transcripts:** Thank you for coming on such short notice. And on a Saturday. I’m sure your wives are thrilled. Today’s topic: RTO and Unlimited PTO. It’s important we are together. Every day. In person. Alignment requires proximity. As for Unlimited PTO. It is unlimited. In theory. Taking it, however, would signal weakness.” Remember: culture isn’t built in Slack. It’s built in rooms where no one is comfortable leaving. Finally, who ordered Einstein bagels, again? I said last time…
Khameni insisted on RTO. That did him
Khameni’s RTO policy is what did him in. He insisted all senior leadership to be present at the staff meeting on Sat. No Teams call, no exception.
Khameni could’ve just used Teams for the meeting. Nah, he had a struck RTO policy. Everybody had to come in.
There have been many false dawns since this journey started back in September, but I truly believe this will be my last update on this thread. For those unaware, SONM must file the audited financial statements for the DNAX acquisition (19th December) by Monday 2nd March. But it is now clear to me that SONM never intended to file these statements. The DNAX platform has zero traffic, no privacy policy page, and no terms & conditions when you try to connect your wallet. It is a complete smokescreen, and a very bad one at that. The entire purpose of the DNA acquisition was to buy a 71-day grace period with the SEC where SONM did not have to declare itself as a shell, provided it could close another IPO disclosure-level transaction in that period e.g. a super 8-k which contains full audited accounts for 2-3 years & a 200-page prospectus. The question is now whether that grace period was enough time for SONM and the theorised counter-party to close the deal. It is in this context that I have also realised that the QMLS direct listing was never about separating the hardware and software layers. They may still indeed do that down the line, but the more likely answer is that by filing to direct list, Qumulus was able to derisk its own audited financial statements and prospectus by getting the SEC to pre-review it. Now that the SEC has done that, Qumulus can roll these statements into the SONM PIPE super 8-k, effectively rendering the DNAX acquisition statements meaningless. They will effectively weaponise the regulators' approval to prevent them from shutting down the deal. A super 8-k completely derisks the merger from a Qumulus point of view. Whereas an RTO via an S-4 (as originally planned back in June) would've taken months of SEC comments and a shareholder vote to close the transaction, a super-8k closes the transaction entirely and doesn't need shareholder approval, as the PIPE investors (qumulus) will be issued with series A preferred convertible shares - this is how Chardan always do it. What gives me confidence for Monday is that if SONM didn't have a deal ready to go and were forced to file the bullshit DNAX statements, they would've filed them last night after hours in the hope that the market would forget about it over the weekend. You do not file statements that out yourself as a shell to the market and regulators on a Monday - that would be corporate suicide. This has been a crazy investigation and I never planned on going down such a rabbit hole when SONM first came on to my radar. While there is a non-zero chance this could prove to be a wild goose chase, I somehow really doubt it. Thinking about this from a pure self-interest point of view, every party would lose if this deal doesn't close: 1. SONM would become regulatory purgatory and no one would acquire them for 12 months 2. Chardan, who are not taking a fee and are getting paid in shares, will be stuck with privately valued shares that are pennies in comparison to what they usually get paid for such a deal 3. Qumulus would be unable to execute their 23k roadmap, would complete destroy their "hyperspeed" branding, and would be stuck looking for another public vehicle for another year, or IPO and give up equity they have been hell bent on not giving up. I want to thank everyone for their contributions. I've had a lot of DMs about this trade since I first wrote the proxy statement thesis and have made some real friends along the way. If this does print, you can head over to the new subreddit I made where we can discuss valuations and next steps on the QumulusAI sub (I'm not allowed to link to it here). If it doesn't, let's pretend this all never happened and never speak again. See you all on the other side.
Tech led the way in 2022 for RTO and stopping of hiring, bers, keep your eye on this
Throw them into the volcano to appease the market! Chant the sacred mantras of AI and RTO!
Teamviewer, just like Zoom, et al were darlings of the Covid remote work world. Now, with heavy-handed mandates to force RTO, these tools are no longer nearly as valuable as they were back then.
Last gasps of a dying era. RTO is pointless and workers know it. Now it's time for Commercial Real Estate to suck it.
as a regular user, i might tweak your analogy, we built an fleet of semis that now can be operated by one methed out trucker on highways that only used by other truckers. Sure there is some risk, but the only people who really notice are other methed out truckers and who gives a shit about them, we RTO'ed them and they quit anyway
When will my AI supe RTO??
Layoffs are at a 17 year high Companies would simply not be pushing 5 day RTO mandates and extra harsh performance reviews if the economy was good
With RTO a lot are just people retiring or leaving the work force entirely. I'm about to change jobs for the second time this year. Maybe even again next year we shall see.
We have a 3:1 pay ratio for our India resources compared to our us people. The sad thing is they cut the US resources further that we lost 4-5 people for every 3 people they brought up over there. So yeah my company is banking on that for revenue and the forced RTO to smaller offices making money hand over fist.