What Types Of Gambling Are Illegal? C3N Project

I know most gacha mobile games and games like CS had to introduce a "your odds at X" to make gambling like this legal in NA.

Going to be editing this with info as I come across it. Please DM me if you have anything to add. Many of you have reached out and I've complied a lot of evidence. I realize now that these pumps originated in Discord groups, but this is something I am still actively looking into and won't be including here.
Users of wallstreetbets (and also places like Stockwits, amcstock, and Youtube chats) attempted a coordinated pump on AMC (& GME) today, Feb. 3rd. These comments are still avaible. The fact they are still up and that I found them very easily means that the mods are not able to moderate their community well enough to stop coordinated pumps. There is not evidence that shows the mods were in on coordinated pump, but the fact that they were unable to stop it taking place shows that the subreddit has grown far too big to be managed by a team of 35 mods.
There is evidence that some mods owned both AMC and GME, and it is possible they held these shares while the coordinated pump was happening in threads they were supposed to be moderating (proof of GME ownership at the bottom).
Coldcutcombo69 was mod on WSB during the AMC coordinated pump. Here is them claiming that they were a mod on WSB. This image of mods before and after the day of the pump confirms they were a mod during the AMC pump-and-dump.
Coldcutcombo69 posted a picture of them having a sell order on their AMC stock that never hit, making it possible they owned AMC shares during the coordinated pump.
Coldcutcombo69 also posted some kind of DD thread about AMC two days ago, promoting the stock here. The content of this post has been removed. This post promoting AMC was made while Coldcutcombo69 was a moderator.
Coldbutcombo69 was a moderator during the AMC coordinated pump. They are no longer a moderator as of the time of this post, only a few hours later. They confirmed this here. A WSB mod was posting comments and threads promoting AMC while possibly still holding AMC shares, and a pump-and-dump occurred in the daily threads that they (along with others) were supposed to be moderating.
turdled is currently a WSB mod. They said, "We don't comment or promote trades. That's up to the subscribers and their upvotes/downvotes to decide." View it here.
turdled's claim was false. Coldcutcombo69 had been a moderator for 25 days. During that time they posted comments and threads promoting AMC, while providing evidence that they actually owned AMC shares. A moderator (who may command more respect in a community of 8.5 million people) promoting a stock is wrong, and the mods clearly believe that is the case since they said they don't do it. But at least one of them did. It could be that Coldcutcombo69 was removed because they were promoting AMC, but they had been doing this for days and were only removed a few hours ago.
ZJZ (a well known moderator) posted this today and was removed as a mod. The head mods also removed more mods, cutting the number of mods from from 62 mods to 37. Coldbutcombo69 was cut from the mod team at this time. It seems very suspicious to me that the head mods removed a bunch of mods from their positions after the events of today, especially because one of those ex-mods had been promoting AMC so much while being a mod.
Note: there is some kind of extended purge happening within the mod team right now. The mod team started at 62, then was cut with ZJZ to 37, then 36, now it's down to 35. EDIT: Two new mods have been added, bringing the count back up to 37. One of them tried posting something in a WSB thread, but their comment was deleted by the auto-mod because they have never posted in WSB before. Here is some proof of what's going on there.
ZJZ has exposed that there are bad actors on the mod team, using their power on the sub to try and make cash off movie deals and crypto scams. This at least adds weight to the points im raising in this thread.
EDIT: There was a thread on WSB by a moderator trying to explain what happened with the mod team. You can see that thread here. There is a lot of push back in the thread. The mod's claim is that the profit from the movie deal would have been given to charity. This may not be true, as Discord logs show another mod asking what their profit will be from the movie deal, asking "What's our cut.". Infighting with the mods seems to be a continued issue with a mod changing the subreddit description from the classic "like 4chan found a bloomberg terminal" to this. This change was instantly reverted.
MOD UPDATE 2/4: It seems that the moderator team has changed again. 23 mods now remain. OPINION_IS_UNPOPULAR is now listed as the most senior mod, and they have allowed this thread to stay up. The mod reports that the Reddit admins have stepped in.
Statement from Reddit admins, according to OPINION_IS_UNPOPULAR: "After reviewing this situation based on input from both current and past moderators, we have decided to remove several moderators at the top of the list that were creating instability in the community." Source.
NEW INFO: I've also been sent a good amount of evidence from multiple people indicating these types or coordinating buying and selling schemes were happening on places like Youtube, Twitch, and Discord. All of these groups seem to be composed of WSB/WSB spinoffs users. These users would spam hash tags, spam and raid Twitch channels, and coordinate these social media pushes with timed buying and selling of GME/AMC/BB/NOK. It is possible (and looks likely to me) that the timed pumps you see below were organized by a Discord group. I have collected a lot of evidence on this front, but this evidence of the real organizers of the pump is something I might have to pass along to someone who is more experienced at dealing with this stuff.
The AMC Pump
Here is evidence of the coordinated pump by users on WSB. The coordinated pump effort occurred in the daily thread, but also spilled out into some posts. Note: I have yet to see any comments/posts that moderators made showing them participating in the coordinated pump effort. It is not known if they knew about these comments or not.
"AMC 1 pm LET FUCKING GO" - WildPhoenix55 58 upvotes. Posted around 12:00 PM CST. Not removed as of 8:40 PM CST.
"AMC 2 DA MOON @ 1PM EST" - OutlandishnessOk4137 Posted around 12:00 PM CST. Not removed as of 8:40 PM CST.
"watching that 1pm movie"
At 1 PM, we’re going to the Moon! Get ready! 🚀 🚀 🚀Discussion *Note that this thread was 6 days ago. Still strange that it was not taken down
Comments in this thread talking about 1 PM pump
EVIDENCE THE 1 PM PUMP WORKED: 1 PM seems to be the main time that was set. You can actually see the coordinated pump spike the price of AMC up to $9.70 right after 1 PM. You can also see the massive amount of volume increase during that time as well. Volume between 1:00-1:05 shot up to 8,725,700. This was the highest volume for a 5 min period all day. Check it out here.
It was also reported to me that some users received DM's about the pump. If you are reading this and received any kind of DM like this, please message me. After seeing the first pump work successfully, they tried it again 1 hour later. Here are a swarm of comments made coordinating the pump for 2 PM.
"2 shares at 2 pm AMC!!" EDIT: This account has been deleted. You can view a picture of this post here.
"Everyone buy 2 shares of AMC and 2pm let’s rush these heggies 💎💎💎💎🚀🚀🚀" "AMC at 2 !!!!" "2 AMC shares @2pm rush" "AMC at 2. Let’s give them some payback🚀" "do i buy now or at 2" "Buy AMC at 2pm Eastern, 11am Pacific. 2pm is when it’s happening."
The 2PM coordinated pump was not as successful. It could be that some users were confused with the time differences. Either way, there was still a marked increase of volume during the 5 min period of 2:00-2:05 which also resulted in the stock re-testing its daily high. Check it out here.
You can actually watch a Youtuber Trey's Trades see the pump at 2 PM in action. He is reading comments on a WSB spin-off subreddit amcstock. You can see people spamming chat for people to buy at 2 PM. Here is the video. The fact that this guy's stream chat is filled with a pump-and-dump scheme and he did nothing about it is pretty telling.
I've backed up the comments and info here. If you find anything else suspicious about this, please DM me. I want to make it clear that there isn't evidence that the mods participated in the pump. But the pump-and-dump (which is illegal) happened under the watch of the mod team. They may have tried to stop it, but 8.5 million people is a lot. If they didn't think they could keep the place running without illegal things happening in the comment sections, they should have set the sub to private and put in proper pre-cautions first.
EDIT: This pump also occurred for GME and users in the GME thread were able to comment about it. None of these comments are removed and they exist in very large numbers. They are mostly heavily downvoted, but the fact they are able to stay up means the mods failed at their job.
Comment 1 Comment 2 Comment 3 Comment 4 Comment 5 Comment 6 Comment 7 Comment 8 Comment 9 Comment 10 Comment 11
The volume spikes do show an uptick in volume around 1PM and around 2PM, but they are not as strong as the AMC boost in volume. The volume during these times were high, but they weren't the highest points in the day for GME.
EDIT: I want to make it clear to people who are saying "those are just bot accounts." Bots are still controlled by humans. If bot spam cannot be caught and deleted, that means 8.5 million people are exposed to pump-and-dump schemes run by bots. It does not reflect any better on the mods if the comments are made by humans or made by bots controlled by humans. It is now a day later, and still none of the comments have been removed by a moderator or moderator bot.
UPDATE: Wall Street Bets has completely removed any post talking about ZJZ and his post about the head mods trying to engage in crypto scams and strange movie deals. (EDIT: This has changed, see above.) The rising sections is now completely filled low-effort, small text posts that are only pushing $GME. Here are those threads. Low-effort threads like these are explicitly against WSB rules. Why are mods letting rule-breaking, ticker spamming posts stay up?
Example 1 Example 2 Example 3 Example 4 Example 5 Example 6
WSB mods are banning users for mentioning ZJZ and his post. (EDIT: This has changed, see above.)
Mods Removing Negative GME Posts
I started digging into this when I posted to Wall Street Bets with a post containing some information about GME. The post pushed back against some of the "GME revolutiuon" talking points. It was a pretty tame post, meet all the guidelines for posting, and contained enough content to warrant staying up. The post was removed by the mods, but you can still see it up here. The content of the post was a combo of these two comments I made. This comment here and this comment here. Somebody in the comments recommended I make the contents of the comment into a separate post- which I did until it was removed.
The moderators removed this post, the removal states: "Moderators remove posts from feeds for a variety of reasons, including keeping communities safe, civil, and true to their purpose."
I sent a DM to the mods asking why exactly the post was removed. I have not been given a reply. Does the content of the post I made (pt.1 / pt.2) break any of their rules? Why would the mods remove a post containing that info?
Even worse, the exact contents of the post I made exist in comment form and are still up. If the info somehow breaks their rules, why leave it up in the comment section? Why haven't they removed the comments that contain the EXACT wording I used in my post?
It seems very strange to me that a post I made that contained some research to counter act the "GME Revolution" narrative would be singled out removal for "keeping communities safe, civil, and true to their purpose."
The front-page of Wall Street Bets is FILLED will positive memes and DD that supports GME. There is not a single negative post about GME on the entire front page that I can find. Why not leave up some negative DD and let the community downvote/upvote it?
The mods will let the comment section of threads get filled up with misinformation (GME SI being 226% is a common one that is easily debunked, yet is posted every 5 min in daily threads). People are gambling their life savings on outdated information yet when I make a post to push back against some of the common GME arguments, it gets removed.
Mods removing negative GME posts is unethical because WSB mods own GME shares.
jamsi is a mod on WSB. They left this comment: "I just received this e-mail from Robinhood. I am no longer using Robinhood for any of my purchases. Only keeping my $GME - not selling." Here is the comment.
Swedish_Chef_Bork_x3 is a mod on WSB. They left this comment: "Another $2k locked and loaded to buy in tomorrow. Feels like fucking Helm’s Deep in here. I have tomorrow off work, gonna get drunk and hope I don’t sleep through my alarm.". Here is the comment.
rawbdor is listed as a mod under the Moderators section of Wall Street Bets. rawbdor posted a comment saying: "The price is going to plummet hard no matter what we do. The real question is, will they be able to steal our shares in the process. They can drop the price all they want on low volume. But they'll never be able to buy it back unless you sell it to them."
A link to that comment is here.
This comment makes it pretty obvious that rawbdor owns some shares in GME, right? Saying things like our shares implies they own some.
ITradeBaconFutures is also listed as a mod. They made it clear that "Mods did not trade GME". You can find that comment here.
turdled is listed as a mod. They said, "We don't comment or promote trades. That's up to the subscribers and their upvotes/downvotes to decide." View it here.
One mod claims that mods don't trade GME, when its obvious from the three examples above that they did. Another says they don't comment or promote trades, which is also a lie. Other mods have been doing that. They also "promote" trades when they remove content that argues the other side of GME. If the only content they allow on the front-page is GME Positive content, they are promoting that content.
WSB has a mod team of 35 accounts moderating 8.5 million people. CNBC gets about 200k viewers at peak hours, while WSB has almost a million viewing it at a time when the market is open.
The mods could simply send me a DM and explain why my post was removed. They haven't. Market manipulation is bad. It's bad when investment firms do it and its bad when retail investors do it. The mods could DM me right now and say "Hey, here is the reason the post was removed." They haven't. If they do send me a DM, I will post an update here.
TL;DR
Now-former WSB mod ZJZ, in a removed & locked post, accused dormant top mods of coming back to siphon media coverage, potential movie rights, and springboard a cryptocurrency, while suppressing other mods
Coldcutcombo69, a moderator on WSB, was posting comments and threads promoting AMC. A coordinated AMC pump happened in the daily threads and comments that this moderator (and others) were tasked with moderating. This mod was removed as a moderator after this thread was posted. Coldcutcombo69 held AMC stock before the pump, but it is unclear if they held or sold that stock around or after the time of the coordinated pump.
Today, several users, but no mods, in a discussion thread attempted to push buys of AMC at 1 & 2 PM EST. Those times would later coincide with high volumes of stock trades for the day. Similar coordination was attempted by users (no mods) for GME.
WSB's front page is filled with only positive coverage of GME (here's a snapshot), while they removed my post containing negative GME DD with no legitimate reason given.
Mods are holding GME contradicting another high level mod's comment that "mods did not trade $GME". Mods made a false statement that they don't promote stocks, as one of them clearly did. You can also see the other mods comments about GME as also promoting stock.
Tervia's comment here has good info on Reddit moderation.

Your 14-minute Thursday report in 3497 words. Part 1.

anti-corruption: Defense Ministry official busted with bribery & tampering with draft during war

NSS report says: a Colonel, who had oversight over subdivisions, received a ֏975K bribe from a conscript to transfer him to another location on Sep-13-2020. Part of the bribe was transferred to his online gambling account.
When the war began, a draft was declared and recruits began training at a location in Armenia. The Colonel took a ֏1.2M bribe from a soldier in exchange for not sending him to the front lines.
During the winter draft, the Colonel took a ֏5.2M bribe from another conscript and used his connections to send him to the desired service location. A similar ֏1M bribe was requested on January 6th from another recruit.
The Colonel took another ֏1.4M bribe to help promote a conscript and allow him to work at a hospital instead of regular service.
On October 22nd, during the war, the Colonel decided to help a friend move from bordering Khndzoresk (Syunik) hospital back to Yerevan. As a result, the clinic became understaffed and couldn't fulfill its duties. Moreover, the Colonel then helped the same friend not to be deployed on Syunik borders as a soldier and instead to handle tasks in the rear, on October 26th, in exchange for a ֏300K bribe.
On October 13th, during the war, the Colonel and his accomplices wanted to help a soldier to leave Artsakh. When they learned that the latter was already on the "deserted" list, they took steps to remove him from the list.
Then, he learned that his friends' sons received a draft notice, and use his connections to remove them from the draft list.
After the war, on Dec-13, a friend asked the Colonel to make sure that his son, who was serving in Lusakert, wasn't sent to the front lines. The Colonel contacted the Lusakert facility but learned that the soldier was not among those who were supposed to be sent to the front lines. Nonetheless, the Colonel decided to defraud his friend by claiming that "he took care of it", and received a ֏200K bribe.
The colonel and over a dozen others were arrested. Illegal weapons were found under their possession. The investigation continues to expose other possible suspects.
https://youtu.be/ifo13WJLpsU
https://armenpress.am/arm/news/1042334.html

bill: harsher punishment for treason, spying, espionage

BHK MPs drafted a bill to increase punishment for traitors, spies, passing of state secrets. They want to raise the maximum punishment from 15 years to 20-life. The authors explained the move by citing many media reports about alleged "treason" incidents.
The bill was discussed at a relevant Parliamentary committee. The chairman QP MP Vladimir said he supports life imprisonment as the minimum punishment. However, during the discussion, they agreed to settle on 15-20 years plus property confiscation, or a life sentence.
The committee found the espionage punishment too harsh and asked the bill author to reduce it from 15 to 12 years. The BHK author agreed.
The bill was approved unanimously and will be debated/voted on the Parliament floor later.
https://armenpress.am/arm/news/1042354.html

Jalal is back with another position

The wounded ex-Artsakh army commander Jalal Harutyunyan will serve as the Republic of Armenia's Defense Ministry's Head of the Military Control Service. He will replace General Movses Mosi Hakobyan who quit on November 18th.
https://armenpress.am/arm/news/1042353.html

Russian-Turkish ceasefire monitoring group begins operations

Russian troops are using ORLAN-10 and FORPOST drones to monitor Am-AZ troop locations and movements.
https://youtu.be/ToSLqUDj6OE
https://factor.am/335089.html

ECHR received Armenia's complaint against Azerbaijan regarding 228 POWs / Azeris counter-claim for 13 POWs

Armenian families submitted a petition to ECHR to require Azerbaijan to provide information regarding 228 individuals. Azeris want to know data about 13 people.
(From the language it is unclear to me whether the petition is for confirmed POWs, or it also includes families of missing soldiers who want to know whether their relatives are POWs. Likely the former.)
https://armenpress.am/arm/news/1042406.html

Red Cross visited 4 Armenian POWs in Azerbaijan

They were able to establish contact with families.
https://armenpress.am/arm/news/1042428.html

Russia expects UNESCO to soon visit Armenian monuments that went under Azeri control

https://factor.am/335437.html

Russia removed tomato import ban on 13 Armenian firms

Russian regulator will allow 13 Armenian sellers to export tomato and pepper to Russia again after earlier finding a food virus in them. A similar ban was implemented against Azeri tomatoes.
https://armenpress.am/arm/news/1042433.html

US Congressman demands an explanation from the US ambassador to Azerbaijan over "congratulatory" statement

Rep. Bred Sherman wants to know why the US ambassador to Azerbaijan Lee Litzenberger congratulated Azerbaijan's Economy Minister with "de-occupying territories and US's willingness to aid Azerbaijan with rebuilding those territories". He reminded the US officials that the US is a member of the Minsk Group and should take steps to ensure Artsakh's safety and prevention of a new war.
Bred Sherman praised Biden's appointee Anthony Blinken for stating that the US will review its military assistance to Azerbaijan after the latest war in Artsakh.
Artsakh MFA yesterday released a statement urging countries, officials, and organizations to refrain from such "congratulatory" statements.
https://armenpress.am/arm/news/1042370.html

de-occupy Hadrut NGO

... aims to help 13,500 Hadrut residents who lost their homes during the war. It was founded during the war by activists who held protests in front of various embassies. In the early days, they received aid from President Sarkissian's office. The latter gave shelter to 25 families.
Today the NGO aims to help refugees with employment, while simultaneously lobbying for Minsk Group to de-occupy Hadrut so residents can return. "I hope that one day our NGO will shut down because Hadrut is no longer occupied," said co-founder Meri Davtyan.
https://armenpress.am/arm/news/1042286.html

govt session: financial aid for Syunik border villagers

The government approved a new aid package for residents of Syunik's Shurnukh and Vorotan villagers. Those who lost their homes will qualify for the same aid package as Artsakh refugees: one-time ֏300K payment plus monthly ֏65K payments for 6 months. There is another pending aid package to build new houses for them.
Context: Two dozen houses in Vorotan and Shurnukh went under Azeri control because they were built on the Azeri side of the internationally-recognized borders.
https://armenpress.am/arm/news/1042362.html

bill: disability ranking to be replaced with degrees of functionality impairment

The government approved a bill, yet to be approved by Parliament, to reform the disability system. The disability assessment process will analyze the person's level of functional impairment while taking into account surrounding conditions.
"Today, the system is run under a 1993 law that does not do a comprehensive assessment of the surrounding environment, person's ability to function in public life," says the govt.
The draft bill will repeal the 1-3 Categories and Disabled Child category. A person's functionality impairment degrees will be light, medium, heavy, or deep. Disability will no longer be considered a permanent health problem. The assessment will be based not only on the factor of health problems but also on the environmental factors of the person's activity and participation in public life.
Healthcare and Social Ministries, NGOs, the UN, and the EU worked together to create and test an assessment methodology.
https://armenpress.am/arm/news/1042365.html
Tags: #DisabilityLaw #disabled

bill: require unknown Telegram/Facebook media channel owners identified before "linking" by mass media

QP MPs want to require social media channel operators identified before a "mainstream media" can link to them. It doesn't restrict citing "anonymous sources", however. It also requires outlets to disclose sources of revenues for transparency. Read yesterday's news for context and arguments in favor or against it.. The debate continued today.
QP MP Arthur: For example, a legitimate news organization with an editorial staff of 30 people generates information, holds interviews, etc., while a Telegram channel that we do not know where it is managed from and by whom, begins to disseminate sensationalized information and over time becomes more "legitimate" than real media outlets because media outlets "advertised" them.
This is also a national security risk because it is very possible that such sources are being operated by an adversary country to spread instability and an atmosphere of fear in the country. //
The co-author criticized the critics who "claimed that the bill intends to ban anonymous sources. That's not true. This also won't affect the protection of journalists' source secrecy."
https://armenpress.am/arm/news/1042357.html
If you're interested in more debates:
https://youtu.be/MTHwRa4YjgY , https://youtu.be/ThDNVwZYEp8 , https://youtu.be/S6C_NocS9N0 , https://youtu.be/3_-i2Z23ubI , https://youtu.be/wiPnmfeLNJ8
Tags: #MediaLaw #TelegramLaw #FreeSpeech

rumors and rebuttals: Artsakh army isn't being dissolved

Serj's won-in-law Mishik earlier circulated rumors that were denied by state officials. Today, Kocharyan-ally Vitali Balasanyan, who serves as Artsakh's Security Council chief, confirmed that the army isn't "disintegrating." After the restructuring process, there will be subdivisions with professional contractors, he said.
https://armenpress.am/arm/news/1042344.html

rumors and rebuttals: Azeri flag won't fly over Artsakh govt buildings

Vitalik Balasanyan also denied rumors about Azeri flags being installed on Artsakh govt buildings in Stepanakert.
https://armenpress.am/arm/news/1042344.html

rumors and rebuttals: Azeri families won't resettle in Stenapakert / none are shopping in market

Vitalik Balasanyan said there are false rumors about two districts in Stepanakert being populated by Azeris, and Azeris allegedly freely shopping in Stepanakert market.
"Dear citizens of Artsakh, on behalf of the authorities of the Artsakh Republic, I assure you that despite the irreparable losses inflicted on us as a result of the war, the state is always committed to fulfilling its responsibilities to ensure the security and normal life of the population. Accordingly, I urge you not to pay attention to the false news. Everything is being done to create and expand the necessary conditions for a dignified life of the people of Artsakh."
https://armenpress.am/arm/news/1042344.html

rumors and rebuttals: Artsakh envoy won't stop operating in Russia

The Permanent Representation of the Artsakh Republic in Russia will not be terminated, said the Artsakh govt in response to rumors.
https://armenpress.am/arm/news/1042367.html

rumors and rebuttals: no single currency in EAEU trade bloc

EAEU would like to inform you that you've been misled about alleged plans to establish a single currency among member-states.
https://armenpress.am/arm/news/1042427.html

location "Hollywood, Yerevan, Armenia"

There is a district called Hollywood in Yerevan, Armenia. Gamblers were caught running an underground casino in there. This is the second such bust in the past few months. The police say ֏5.5B in damages was done to the state.
https://youtu.be/sp0Sb--e_ms?t=60
https://factor.am/335320.html

anti-corruption: prosecutors charge education officials with ֏1.2B auction shenanigans

Prosecutors said: State Oversight Committee (SOC) audited the "National Center for Educational Technology" government-affiliated agency's finances between 2013-2020. Every year, the agency submitted a report on the work done by them towards servicing the education system. The bill was ֏700M annually.
It was revealed that between 2012-2015, they granted an auction-based contract to the same company. It received a combined ֏2.8B in funding. The law requires the auction-holding officials to examine the market and take other steps before the auction. They failed to do so.
Later, during 2017-2019, the same company was selected to do the job, but this time it was only paid ֏300-400M annually, far lower than during the previous years.
֏1.2B in damages was done to the state. A felony case is launched.
https://armenpress.am/arm/news/1042389.html

re: Armenia's $750M eurobond sale / lowest % in history / $3B demand by investors / economy news

Read yesterday's news for context.
Pashinyan: The issuance of $750M eurobonds is a strong positive signal for the start of the economic year. The issuance was done under the most favorable conditions in the history of our republic, with the lowest 3.8% percentage rate. Our previous record was in 2019 at 4.2%. The demand was for $3B but we decided to issue only $0.750B.
First, it provides a guarantee of macroeconomic stability. Second, this is the first serious signal of overcoming the post-war economic shock, which shows that international investors have confidence in the economic future of Armenia and the policy pursued by the government. //
Economy Minister Janjughazyan: this was part of our long-term plan and we had planned to do it while drafting the 2021 budget. We planned to issue fewer bonds but decided to add $250M because of favorable terms. We plan to use that extra cash towards the stabilization deposit, as a safety pad, to be used throughout the year if necessary.
As long as our budget has a deficit we will have to borrow. But this is only part of the story; the country's overall debt burden is calculated based on various indicators. So far Armenia has been rated as a country with a lower debt burden.
https://armenpress.am/arm/news/1042351.html, https://armenpress.am/arm/news/1042352.html , https://armenpress.am/arm/news/1042363.html , https://armenpress.am/arm/news/1042393.html

how many people did leave and arrive after reopening air traffic with Russia?

The governments of Armenia and Russian worked on an "app" to allow mutual travel after taking a test. By February 15th, there will be 4-route flights in 2 directions. There were several flights in the past few days.
3900 left and 3400 arrived. 1423 Armenian citizens left and 1263 Armenian citizens arrived. "More people were willing to leave in December than today," noted Diaspora Committee chief Sinanyan.
"Some people flew to Russia but had to return due to a problem. This wasn't due to the COVID app implemented by us. Preliminary data shows that they went to Russia with a paper QP code which raised the suspicion of Russian authorities. We will work with them to resolve this," said Deputy PM Mher. (say what??)
"We need to better inform the public about the existence of this app. Restoring routine flights will help the tourism industry," said PM Pashinyan.
https://armenpress.am/arm/news/1042358.html , https://armenpress.am/arm/news/1042383.html

Pashinyan about the suspended Amulsar gold mining project

He repeated his earlier position that "Decisions must be made that take into account Armenia's best interests."
"The mining industry plays a very important role in the development of Armenia's economy, including in the security context."
"We must make decisions to make investment programs acceptable for the Armenian public while taking into account interests of Republic of Armenia."
https://armenpress.am/arm/news/1042368.html

COVID stats

1829 tested. 147 infected. 352 healed. 11 deaths. 4637 active.
"We're negotiating for vaccines via COVAX global initiative. Separately, we're negotiating with Russia for Sputnik-V. Vaccines should be available in March. It will be targeted at specific groups. It won't be mandatory," said Healthcare Minister Avanesyan.
https://armenpress.am/arm/news/1042341.html , https://youtu.be/vXz3pHx1BlM?t=92

the consumer market price increase in the past 12 months

Armenia's consumer market inflation was +4.5% from January to January. Food +6.4%. Alcohol & tobacco +10.8%. Clothing +2.6%. Utilities +0.6%. Appliances +5.8%. Healthcare +5.6%. Transport +5.7%. Telecom +0.5%. Leisure & culture -0.8%. Education +2%. Dining +1.6%. Misc +3.5%.
https://armenpress.am/arm/news/1042323.html

Parliament MP stops a citizen's suicide attempt

Someone tried to jump from Kievyan bridge. QP MP Gor Gevorgyan was nearby and stopped the attempt. The police took the distressed person to a station.
https://armenpress.am/arm/news/1042329.html

psychological support will be provided to war participants and the public

Emergency Ministry says 15-30% of people have PTSD after the war. Today the government approved a plan to provide psychological aid to war participants and others. The target group includes families of missing people, POWs and their families, those who received disabilities, families of those who died, those who fought in the war, IDPs, civilians who were affected in any way. The program will work in Armenia and Artsakh.
The government will purchase services from experienced mental health service agencies.
https://armenpress.am/arm/news/1042403.html

Armenia will grow industrial marijuana on mass industrial scale / incentive to boost land utilization

Hemp is a type of weed that contains less of the substance that makes you feel high. The government wants to grow industrial hemp on a mass scale to boost mood land utilization and revenues.
Pashinyan: this is going to open room for many speculations. It's important to present the project in detail so the public will have a full understanding of what is being done. Unfortunately, "hemp" is interpreted as something else, while in reality, it is a very important industrial raw material. The growing process has risks but there are oversight mechanisms that have been tested in many countries.
Deputy PM Avinyan: the US, Russia, and China have a great experience with industrial hemp production. The practice was examined by the Economy Ministry. We're talking about industrial production only. It will significantly activate agricultural land utilization. Today, 40% of lands are gone unused. This is part of our plan to boost the production of high-value agricultural products.
https://youtu.be/ssZgr2DR3DM?t=7
https://www.healthline.com/health/hemp-vs-marijuana#marijuana
https://armenpress.am/arm/news/1042372.html

Education Minister says the "controversial" parts of Church/History merger were "resolved"

Education Ministry wants to merge the school subjects "Armenian Church History" and "Armenian History". Critics said it will shrink the church-related materials too much, others called it treason, while others supported the decision, stating that it's all part of our history and having a separate class is inefficient.
Education Minister Dumanyan says he met colleagues at the National Academy of Sciences and they resolved the conflicts "that caused a noise earlier." He will reveal details soon.
https://armenpress.am/arm/news/1042379.html , https://youtu.be/V0sC3dx-gzU

Major education reforms: "education alone will not solve all problems, but there is no problem that can be solved without an education"

... said PM Pashinyan during a govt session while discussing education reforms. Kids in 1-5 grades will no longer receive grades; tt will be pass or no pass (still needs Parliamentary approval). "There will be a criticism. How can you not grade? But this is a comprehensive program that emphasizes the student's needs and preferences," said Pashinyan.
"We need to pay attention to how the time is spent in schools and what skills are being taught in school hours. It will reflect in our society 15-20 years later. It will define whether we have a technological product or not.
What we were doing in 12 years (school length) can be done within 9 years, but a 9-year school isn't the solution. Instead of shortening the school, we're trying to fill the gap in a way to have a 50% higher efficiency by the end of the 12th year.
In developed countries, education starts not from school but from preschool. The lower the education entry age the more developed the countries are," said Pashinyan. (the govt has a plan to make sure 70% of kids attend preschools by 2023)
https://armenpress.am/arm/news/1042394.html

cancer stats in Armenia / annual rate / drops among children / fewer abandon treatment

world
9.6 million people die from cancer annually. 1/3rd is possible to prevent. Another part can be cured with the help of early detection.
Armenia
Cancer was the 2nd leading cause of death in 2020. It has increased in the past 10 years but at a small rate. Lung cancer is more common among men, and breast cancer among women.
First time diagnosis by year: 2018 - 8762, 2019 - 7908, 2020 - 7050.
Deaths by year: 2018 - 5199, 2019 - 5434. 2020 - unavailable. (55% men, 45% women)
The cancer rate went up by 1.5x compared to 1990. However, it declined by 2x among children under 14yo.
Fewer people abandon treatment. 3 years ago 53% of lung patients did so, today it's 40%. Breast cancer treatment abandonment went from 47% to 22%. (I translated the word բարձիթողության as "abandonment". Correct me if it refers to something else.)
Artsakh
The number of cancer cases has decreased in Artsakh: from 345 to 260 YoY.
prevention
Oncologist Safaryan says the early detection helps to avoid complications and save lives, even if it's the type of cancer that is known to reappear. There are many patients who defeat cancer. "Smokers should get a lung x-ray twice a year. Those working in chemical plants should get a frequent screening. Do not ignore symptoms and չգցել ականջի հետև. You can defeat it more easily when it's at 1-2 stages. It's a lot harder when it advances to 4."
Preventing cancer isn't easy. The causes of this disease are many. Genetics, bad habits, obesity, surrounding environment. A genetic test can reveal the likelihood of suffering from illness. Some women choose to undergo a mastectomy to prevent possible breast cancer in the future.
"I decided that if 1-in-100 is destined to be cured, I will be that one," said Ashkhen, a woman who recently defeated cancer.
More: https://armenpress.am/arm/news/1042291.html , https://armenpress.am/arm/news/1042364.html , https://armenpress.am/arm/news/1042405.html

cancer diagnosis, surgery, and radiotherapy are free

The treatment was made free recently. The Oncology Center urges the public to get screened as part of an early-detection initiative. The pilot program began in Vanadzor; 307 women were screened.
Cancer diagnosis, surgery, and radiotherapy are free, while the medication has a co-payment.
https://armenpress.am/arm/news/1042423.html

today in history

2004: Mike Zuckerberg founded Facebook to steal your SSN
1949: Sri Lanka declares indpendence
https://armenpress.am/arm/news/1042309.html

president meets donor

Artsakh president Arayik met donor Alec Baghdasaryan and thanked him. "Only with the joint efforts of the Armenian people is it possible to quickly overcome the difficulties and to plan development programs." Alec plans more charity programs relating to education.
https://armenpress.am/arm/news/1042326.html

donations to Artsakh & recovering soldiers

www.1000plus.am (recovering soldiers & their families)
www.HimnaDram.org (for Artsakh & Armenia)
www.ArmeniaFund.org (U.S. tax-deductible)

archive of older news

http://www.armeniapedia.org/wiki/Daily_Anti-Corruption_Reports

disclaimer

All the accused are considered innocent unless proven guilty in the court of law, even if they "sound" or "appear" guilty.

NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.

Context: (you can safely SKIP this section if you know what a ROM is and how it works)
In this context, emulation refers to the process of running a video game on a host system to which it is not native. This is done with the help of an emulator, a special script that translates the game code into something the host computer can understand. Running a ROM (raw game code) in an emulator will produce a playable game. If the emulator does a good job, the code will function identically to how it functions on the hardware in the arcade cabinet.
These ROMs are exact copies of the data found on the computer memory chips in the arcade cabinet or game cartridge. Each game has a unique ROM, and the ROM contains all of the data the machine needs to run the game. It is functionally identical to a modern .exe game file. Owning a ROM is synonymous with owning the game, and pirating a ROM is synonymous with pirating a game.
Seeing the success of the homebrew emulation market and wanting to capitalize on the millenial nostalgia boom, the video game developers themselves took a whack at releasing licensed emulators. These mostly came in the form of (a) porting old games to other consoles, and (b) creating "classic version" re-releases of retro consoles that came pre-loaded with popular games. These attempts would receive mixed reviews, generally skewing negative amongst the enthusiast community. The biggest complaint: the emulation work was laughably horrid. It was good enough for the layman to enjoy a quick nostalgic dip, but those with reasonable baseline knowledge of how the game should look were shocked and offended by the quality of these official, licensed emulators. The PlayStation Classic famously got panned for including the European version of some games instead of the US version, even on consoles sold in the US. Europeans have a different screen refresh rate than "we" do (25 Hz vs 29.97 Hz) and this caused massive gameplay and graphics issues. It was quite clear that these consoles were meant to be quick cash-grabs, not faithful and well-intentioned re-creations of classic and beloved games. The game libraries were too small, and what few games were on the emulator were of very poor quality. These quickly became a running joke in the emulation community, further encouraging the piracy and continued use of the ROMs vis-a-vis the actual IP holder was not treating it with care or respect.
The main takeaway here is that the emulation community places great value on the accuracy and authenticity of their work. Seeing that the commercially available option was not a loving and faithful recreation of these nostalgic games,the emulation community often justified their work by saying that it vastly improved on the low-quality emulated alternatives offered by the actual IP owners.
The dubious legality of obtaining ROMs online (Skip to here!)
Nowadays, the most common way to obtain the ROM for a game is to find it online. This is not a completely legal procedure because that ROM is usually hosted on a website that is not explicitly authorised to distribute it. Some websites which distribute legal ROM games do exist, but they generally do not distribute (nor have they been given permission to distribute) ROMs corresponding to well-known classic arcade games.
Most sources agree that downloading an emulator, in itself, is actually legal. Think: the same way one can legally carry lockpicks in many states as long as the picks are not used to commit a crime. But picks are useless without a lock, and an emulator is useless without ROMs to run. This is actually a fascinating point of contest, too. Some game companies will claim that an emulator contains proprietary information about the game, specifically its BIOS.
Many game developers will maintain the ownership to their old code even if they are not currently offering any way to purchase it. They are within their rights to do this - and well within the understanding of copyright law as it applies to digital media. This means that some classic games may exist, but be literally unplayable - that is, there may be no legal method to obtain code that emulates or runs a certain game. That game is unobtainable. At least to someone following the letter of the law.
So emulation enthusiasts often sail the open internet in search of original copies of game code.
The dubious nature of this task can lead to some sketchy websites. Enterprising hackers are well known to set up fake ROM dumps (viruses disguised as original game code). This attack primarily targets inexperienced emulation enthusiasts who do not know which type of file extension their emulator accepts and tend to be very lax with their downloading habits. When a new site pops up offering ROM downloads - especially if it is a foreign site - it can be very hard to tell whether they are a sincere member of the emulation community offering a selfless service or a hacker looking to gain access to a computer.
Therefore, sites that are known to have safe downloads are spread very quickly around the emulation community.
Enter EmuParadise and LoveROMs
These websites both provided access to ROM downloads - raw copies of game code. Though some would dispute it, these websites had a general reputation for hosting safe downloads. They were both received favourably in the emulation community and their names were thrown around frequently on emulator discussion boards.
Both of these websites hosted ROM downloads for a considerable amount of time. Each of the websites managed to keep their doors open and their downloads working for years. Obviously, both of these websites succeeded in distributing massive amounts of raw game code. If you've been following the story carefully, you know that the legality of such an operation is.... Well...
One hundredTwelve million dollars. Oh, and a public apology.
Nintendo is not to be swayed by the common emulator community argument that "the IP holder does not present a legal way to purchase the game": a relatively complete library of their old games come with a paid subscription to "whatever they're calling the switch online subscription nowadays". Nintendo also has a reputation of being exceptionally defensive of their IP, perhaps in part because they feel they have done an adequate job making their historical content available for purchase.
Needless to say, Nintendo was not thrilled to see code in their ownership being distributed freely without their permission on the LoveROMs website. Nintendo sued the pants off of Jacob and Cristian Mathias, the owners of LoveROMs. Nintendo cited 140 illegal ROMs and 40 instances of copyright infringement, claiming a hefty $100,000,000 in damages for which they intended to hold Mathias completely liable.
As a matter of fact, the case never even made it to court. Mathias immediately admitted to direct and indirect copyright and trademark infringement, presumably (at least in part) due to the astronomical one-hundred-million-dollar penalty that could come with the outright loss of a lawsuit which would be very heavily stacked against him from the start.
The common main talking points "for" the legality of hosting illegal ROM copies are generally not persuasive in a court of law. Website owners will often cite the desite to "create a community resource" and "share nostalgia", but neither of these would provide a valid excuse for what Mathias was being accused of.
The parties settled out of court for a grand total of just over twelve million dollars. At that time, LoveROMs immediately removed all downloadable content from their website. Gone was the iconic Mario-style background decorating their landing page. In its place, they displayed a public apology to Nintendo which read as follows:

Our website ... acknowledges that it caused harm to Nintendo ... and has agreed to cease all such activities.

The commotion must have spooked the owner of EmuParadise too. Almost immediately after the LoveROMs settlement, EmuParadise published a statement on their website that read as follows:

... It's not worth it for us to risk potentially disastrous consequences. I cannot in good conscience risk the futures of our team members who have contributed to the site through the years.

At that point, two of the biggest names in ROM distribution had been effectively cut off at the source. The closure of both within a short period of time presented a significant challenge to individuals who had grown accustomed to using these websites to obtain ROM files. A few "workaround" and "archive" scripts were floating around, but none are able to reverse the inevitable: EP and LoveROMS were gone for good. Those two websites were no longer an option for downloading ROMs reliably.
Without a reliable name in mind, many users have turned back to once again surfing the sketchy high seas for raw game code. some sites have emerged as replacements, but none have fully taken hold. The distribution of ROMs remains at least somewhat disrupted. Nintendo took aim, and it seems they hit their target quite square-on.
So where does that leave the hobby of video game emulation?
Pretty much right where it was. Most of the ROMs hosted on those websites had been copied hundreds or thousands of times onto various private storage media. Copies of a particular game tend to be more resilient than the heads of hydra: should one download link be taken down, two will come back in its place. However, none will be a wholly adequate replacement for two websites with safe track records of 10+ years. Every new, untested site that somebody chooses to download a ROM from is a tremendous gamble they are taking with the security of their computer.
ROM hosting is a battle being fought tooth-and-nail by many who see it as their way of archiving our culture and sticking it to the man.
The drama between emulator enthusiasts and developers is constantly ongoing and has been for a number of years. While the enthusiasts claim that a developer should not maintain claim to a game they have no further plans to profit from (in the interest of preventing lost files), the developers claim that the game is still their intellectual property regardless and thus copying the game remains an act of piracy.
As for Mathis and his debts to Nintendo - no further news has been released since the news of the settlement broke in 2018. Presumably he is still making good on his payment plan.
I will leave you with a request to please keep discussion civil, as I know this is a polarizing topic.

ATVK Post and CBBT Post
ATVK has finally gone Pink Current today, and we should expect market to react to that when market opens. Look at what it done to COUV - 0.09 to - 0.4. But Pink Current isn't the only thing going for it. After the long weekend, on the 19th, they will hear the findings from a filing they done regarding lenders lending out illegal shares. If it goes in their favor, these illegal lenders would have to buy back all their illegal shares on the OPEN MARKET. (Those who are more knowledgeable than me might be able to correct this, but to me its very similar to a short squeeze type of action). ON TOP OF THAT, the CEO owns multiple profitable companies in industries such as crypto and AI drones which are rumored to be merged into ATVK (a clean shell company). This ticker is just a catalyst heaven, and getting in today before the weekend could see some big big rewards over the coming weeks.
CBBT - a business with 2 golden opportunities making this business a future opportunity not to be missed. They are merging with a FDA regulated manufacturing company (PKG) and the other is there game changing 10 year patent pending disruptive technology to cure Alzheimer's.
$CBBT has 140m shares in float and no dilution at $0.10 with an MC of $13m.
Always do your own DD and don't take anything online as financial advise. These are my personal 2 plays. It might not make you 300%+ runs like some that has happened these last few days (CHUC, IONI) etc. But tbh, those are more like pure gambles than anything else.
Hope this makes someone rich. Good luck!

Overview:
The Half-Full Tankard is a low-class, rundown inn and tavern that can be inserted into any type of slum or side alley.
This building has looked run-down and decrepit for as long as anyone can remember. A sign above the door shows a satyr with an exaggerated drunken expression and stars spinning above his head, sloshing the contents of a tankard all over himself. This tavern is a popular place for seedy characters to hide out away from prying eyes.
The tables here are spaced far apart from each other, and any patrons here keep their eyes, ears, and conversations to themselves unless they're looking for trouble, or looking to start it.
​
Goods & Services:
The Half-Full Tankard serves only the cheapest watered down ale and grog, often in unwashed, grimy mugs. The food they serve is unidentifiable, often made into thick porridge or mince. It tastes like dirt, and is only mildly better than ingesting actual soil.
The few rooms on offer here on the second story are almost never occupied, and most of them are being used as extra storage space. The rooms are cramped, with only tiny, high windows to let in small amounts of sunlight, but do not actually provide a view to the outside unless one is very tall or capable of levitation. There is no other furniture save a small desk and bed. The wooden doors do not have locks, and barely close properly; visitors are expected to be responsible for their own security. A simple lock can be purchased for an extra fee.
The tavern has relatively little business, save the occasional person looking to drink themselves to an early grave as cheaply as possible. The regulars who visit aren't here for the food. The tavern is a front for many illegal operations, and serves as a neutral ground meeting place for different thieves and rogues.
​
Prices:

• A tankard of ale or grog .......... 2 cp
• A bowl of porridge .................. 2 cp
• Rooms (per day) ....................... 5 cp
• A lock (for duration of stay) .... 1 sp

Additionally, every poison presented in the PHB with a cost of 300 gp or less can be obtained here (Assassin's blood, drow poison, pale tincture, etc.). Cuni will only have a handful (1d4) of each poison in stock at any one time. Cuni also sells weapons. He has a supply of mundane blowguns, daggers, and darts at a reasonable price. He also possesses weapons of venom (see Dagger of Venom, DMG p161) which, if inquired for discretely, he'll be willing to part with for 1,000 gp.
​
Staff:

• Cuni (Owner) - Cuni appears to be a short, middle-aged human, but the slight angular shape of his ears suggests some elven blood in his ancestry. He's scruffy, with beard and hair that looks like he cut himself with a blade and no real care. He is a successful, 8th-level rogue known around the street as Cut-throat. Cuni won the establishment in a gambling match and since taking over the place, he has ran the location as a legitimate front to cover up his criminal activity. For those "in the know", Cuni sells and keeps a small arsenal of exotic weapons and poisons.
  • Tactics: Cuni will sick Gutjja and Gnurl at the attackers at the first sign of aggression. He will attempt to slip away before he can be targeted. If he is cornered, or if he catches someone stealing his stuff, he will engage. He always carries daggers on his person, and will either throw them from a distance or use his hand-crossbow, ideally targeting someone who is already engaged with Gutjja or Gnurl to proc sneak attack. As a master of poisons, all his weapons will be coated with a random injury-type poison from his stash (drow poison or serpent venom).
• Gutjja & Gnurl (Bouncers) - Hired muscle, Gutjja and Gnurl are hulking human brutes. They aren't particularly clever, but they are ready and more than willing to evict any patrons who look like they will cause trouble or draw undue attention. They are paid very well by Cuni to ensure their loyalty. One often stands menacingly close to Cuni, and the other will be sitting at a corner table, subtly keeping an eye on each patron.
  • Tactics: Not particularly tactical, both Gutjja and Gnurl wield daggers of venom. They will be experts at tavern brawling and may use all kinds of improvised weapons or fisticuffs, whatever is within reach. They will attempt to first evict any patron causing trouble, but if that fails they will attempt to grapple with an attacker to prevent them from getting to their boss.

​
Other Patrons:

• Rose (Rumormonger) - A halfling with an unusual scar on her neck, Rose stands out from the typical patrons in this tavern. With bright, auburn hair and often wearing colourful clothes and cloaks. Her day-trade is a weaver, but she delights in learning all about the going ons in town—and is willing to tell for a price. If your PCs encounter Rose, she can be used as informant for all kinds of things the party may need for their quest.
• Hilda Blackburn (Displaced Noble) - Grouchy and snarky, Hilda keeps to herself. Hilda hates associating with the roguish folk. However, her recent circumstances has made it a necessity. Born as the only child of an affluent family, she enjoyed a relatively simple life until the mysterious deaths of her parents when she was 13. The formal legal process has failed to find the responsible party, and the whole thing has been swept under the rug. Broke and angry, Hilda has been forced outside the law to hunt those she believed has murdered her family. If your PCs encounter Hilda, they may be chasing up the same leads, or perhaps the same people who are responsible for her family's death. She has access to important people and funds, and may be willing to cooperate if they can convince her of this link.
• Amir (Outcast) - This man in a grey cloak keeps a dark secret. He keeps his hood up constantly to hide his beastial appearance. His hair is thick and silver, and his eyes have slitted pupils. In truth, Amir is afflicted by a degenerative form of lycanthropy. Dying and relegated to the outcasts of society, he desperately seeks a cure. If your PCs encounter Amir, he may be responsible for monster attacks in the region, or may be blamed for them.
• Nicolas (Thief) - Common in appearance, this man is able to fit in just about anywhere. Nicolas is a greedy man who is willing to undertake any job for coin, as long as it doesn't pose a great risk for himself. He's not loyal to anyone who hires him however, and will readily betray them if offered a greater price, or if he thinks it will save his skin. He will prioritise the highest paid jobs, unless those jobs are substantially risky. He will typically demand to be paid before the job if possible, but will negociate an appropriate down payment. If your PCs encounter Nicolas, he could be working for a party the PCs are trying to stop. He will pass on any information he has on the PCs to their foe. If offered a better deal, or if the task he was originally hired for becomes sufficiently dangerous, Nicolas will switch allegiances.

​
Plot Hooks & Quests:

• The Too Successful Company (Rose)
  • Quest: Rose is a merchant, and has ties to many trading companies and caravans. One in particular has piqued her interest. The company Canter and Co has sprung up almost overnight, and seemingly has a web of trading networks all over the world. They've been slowly swallowing up other companies in all areas of trade, hospitality and production, and has a monopoly now on a lot of businesses. Her own business is facing increasing pressure, and she worries that she may have to join the company or lose her business. She will ask the party to investigate the business, perhaps dig up dirt or uncover their secrets. In return, she will offer the party other rumors that she knows, and some of her master work items, including a Cloak of Protection.
  • Resolution: The leader of Canter and Co is actually a polymorphed green dragon, using a company to amass treasure and build up his hoard. If his plan succeeds, he will walk away with a massive amount of wealth, leaving the town broke and dependent on his network.
• The Business of Blackburns (Hilda Blackburn)
  • Quest: Hilda is motivated by a desire to find the people responsible for her parents death and exact her own justice on them. She has found several leads, but is frustrated at them all seemingly being dead ends. All she knows is that her parents had gotten involved in some kind of business deal that went wrong. She will gladly work with a party of adventurers to uncover the truth. This pursuit will lead the party in a bizarre mix of legal battles, threats, temptations from the forces of evil, and a pursuit of a devil in a business suit.
  • Resolution: Blackburn's family is secretly not as wealthy as they pretend to be. In the years before their death, the Blackburn family was all but broke. When Hilda was younger, Hilda's parents desperately feared poverty, especially with the additional burdens that raising a child has placed on them. To avoid this fate, Hilda's father entered into an agreement with an ice devil. The ice devil would grant them the gold and wealth they desire, in return, they would grant him the soul of their first-born child on the day of their 13th birthday. They would later come to regret this pact. In their pursuit of short-term wealth, they had bargained away their future. Too old to birth another child and unwilling now to keep their side of the bargain, when the day of Hilda's 13th birthday came, the ice devil took instead both the souls of the parents. The discovery of this fact shakes Hilda's confidence and forces her to reconsider the image she had of her parents.
• The Wolf of the Woods (Amir)
  • Quest: Amir's identity is a mystery. He will not reveal that he is a lycanthrope under any circumstances. Instead, he will make various excuses that makes identifying even his illness difficult. He has heard some stories about cures for lycanthropy, and will ask the party to find them while being as obscure as he can about their purpose, possibly making him look even more suspicious. There will have been savage animal attacks in town, which likely has left the clues that lead the party to Amir in the first place. He will attempt to bargain any information in return for the character's help. If the players get too close, Amir will blame his two dogs.
  • Resolution: Amir is a werewolf. If possible, he will hire the players to get the medicine without ever revealing this fact. If he is cured, the animal attacks abruptly stop as mysteriously as they started. PCs can also solve the problem by killing him.
• The Missing Dead (Nicolas)
  • Quest: Nicolas is always working for someone. When the party meets him, he may be under the employ of Bor, a necromancer. The necromancer needs someone who can get him the spell components and corpses he requires for his studies without drawing too much attention, and he has hired Nicolas to steal spell components and to bring him the bodies of other low-class citizens of the slums that no one will ask questions for if they go missing. The party poses a risk of discovery, but also a potential business opportunity. The party may be here because someone had in fact noticed, and sent them to investigate the missing people.
  • Resolution: Nicolas knows the location of the necromancer, and the unsavery rituals that he is conducting, but he won't betray his boss unless offered a substantial bribe. He is also directly responsible for thieft of gems (spell components) and for carrying corpses in big duffel-bags disguised as bags of grain to the necromancer's residence. He will claim to be doing a delivery business on the side if questioned. The party may be able to follow him or trick some information out of him. If he is convinced to change sides, or he realises the party poses a danger to him, Nicolas will skip town rather than risk fighting. If the necromancer Bor believes Nicolas has betrayed him, he will kill Nicolas himself, and use his undead corpse as a weapon against the party.

Over the course of 34 days in the spring of 2018, three unsettling crimes played out in the city of Bakersfield, California. The families of the three victims realized their children all knew each other and ran in the same circles, and they began to suspect that all three crimes were connected. But what began as a crusade for justice among grieving parents took a shocking turn when investigators discovered that the so-called Bakersfield 3 were embroiled in a criminal underworld of black-market weapons smuggling, the Hells Angels, unspecified ties to drug cartels, torture and kidnapping, and a convicted felon nicknamed “The Boogeyman of Bakersfield.”
This is a genuinely bizarre case, and while I’ve never written up a case for this sub before, I’ve been following this story closely for the past couple years. The last time it was mentioned on here over a year ago, but there have been some huge recent developments in the last year that I thought deserved as comprehensive a telling as possible. And despite all that, it's nowhere near resolved. So without further ado...
Part 1: Missing
On March 23,2018, Micah Holsonbake, 34, went missing in East Bakersfield near the intersection of Flower Street and Mount Vernon Avenue. Micah was a clean-cut dad who worked in finance, a former high school debater who loved karaoke despite not being any good at it. He was presumed endangered missing until August 22, 2018, when teenagers swimming near a local park found an arm in the Kern River that was identified as his. The rest of his body has never been found.
On April 18, 2018, James Kulstad, 38, was murdered on a quiet block in Southwest Bakersfield. A father of two daughters, James was a serial entrepreneur described as the type of man who “could sell a dollar bill on the side of the road for a million dollars if he could just get 5 minutes with you.” His brother Ryan heard the gunshots from the next street over, but didn’t see the shooter, and he claims he held James as he died in his arms.
On April 25, 2018, Baylee Parrent-Despot, 20, disappeared from Rosedale, the upper-middle-class neighborhood in Northwest Bakersfield where she’d grown up. Baylee described herself as a “flower child” who had been born in the wrong generation. After facing a number of serious challenges, she was struggling to get her life back on track, and was said to be pregnant and trying to leave her boyfriend when she went missing. She has never been heard from again.
Local media christened Micah, James, and Baylee the “Bakersfield 3” after the victims’ families discovered that all three victims knew one another. In the wake of the links between all three disappearances coming to light, Micah’s father told a local news reporter, “Just to be blunt, something happened to Micah… and a month later something happened to Baylee, and I think it’s because she knew what happened to Micah.” And in between them, there was James Kulstad, who ran in the same drug-fueled circles as Baylee and had helped Micah move just weeks before they both were killed. Bakersfield is a city of half a million people, but on a social level, it can feel as insular as any small town — you’re rarely more than one or two degrees removed from anyone you meet — and even in a city where everyone seems to know everyone, it’s hard to buy three friends all going missing within the space of a month by sheer coincidence. But as time went on with few official developments in the investigation, it seemed like people largely lost interest in the case by late 2019.
Then, in 2020, the Kern County District Attorney’s office charged three people with a total of 34 different charges, ranging from first degree murder, torture, kidnapping, assault with a firearm, and illegal manufacturing of assault weapons. Two of the defendants were already in custody — and the third may not even be alive.
Part 2: Some Local Context
By every metric, Bakersfield is just a flat-out terrible place to live. It’s my hometown, I left for a reason, and the reason is that it sucks. Kern County suffers from a slew of serious socioeconomic and public health problems, the largest of which is probably related to economic and income inequality. A fifth of the population is under the poverty line, and crime rates are sky-high, especially drug-related ones. Opioid abuse is rampant, though it still falls second to methamphetamine, the most widespread drug in the area. There’s a significant issue with white supremacist gang violence. When I was 16, my 70-year-old next-door neighbor got stabbed in a biker gang fight at a tattoo parlor by a Hells Angel called “Delano Mike.” A high school chemistry teacher was literally arrested for trying to make meth in his classroom three months before Breaking Bad even premiered. This is a region with a lot of serious problems that go deeper than any one symptom, but suffice it to say, there’s a reason I moved away as soon as I tuned 18.
The other thing you need to know is that despite being one of the most conservative cities in California, there’s a widespread distrust of law enforcement outside of the police and courts themselves — and, frankly, for good reason. Corruption in the justice system is widespread, and basically a local tradition dating back to the tenure of longtime district attorney Ed Jagels, perhaps best known for ramming through 36 false convictions of ritual child abuse at the height of the satanic panic. (34 were eventually overtured, and the other two people convicted died in prison and never saw justice.) Jagels’ history of prosecutorial misconduct is also the subject of Mean Justice, a 600-page doorstopper by Pulitzer-winning author Edward Humes about the wrongful conviction of Pat Dunn, who is currently serving a life sentence for the murder of his wife despite a wealth of evidence that would suggest his innocence. In 2002, Jagels’ protege, an assistant district attorney named Steve Tauzer, was murdered by a former Bakersfield police deputy, Chris Hillis, after Hillis allegedly learned that Tauzer had a sexual relationship with Hillis’ 22-year-old son, an addict in recovery; facing first-degree murder charges, he pled out to manslaughter and received a 12-year prison sentence.
In 2015, The Guardian published an in-depth exposé about how widespread corruption within the local law enforcement community led to Kern County having the highest rate of police killings in the country: the deadliest cops per capita. And over the past several years, the Kern County law enforcement community has been mired in a police corruption scandal in which members of the BPD abused asset forfeiture laws to illegally seize guns, drugs, and money from suspects, which they in turn trafficked for personal gain. All this is to say that Bakersfield cops and prosecutors have not engendered much public trust outside of their own communities. In a city with high rates of violent crime, law enforcement has consistently put its own interests above public safety, justice, or victims’ rights. That's just something to keep in mind while reading.
Part 3: Down the Rabbit Hole
Micah
In the weeks and months prior to Micah Holsonbake’s disappearance, his family could tell that something was troubling him. Lance and Cheryl Holsonbake both recalled their son behaving erratically in the days before he vanished. But none of it seemed to make any sense coming from someone like Micah, whose family described him as intelligent and hard-working. He had a comfortable upbringing in Rosedale and worked his way into a lucrative career as a financial advisor despite only one year of college. In the photo his family circulated following his disappearance, he wore the suit and tie and placid smile of someone posing for a corporate headshot. But Micah was going through a dark time following a rocky separation from his wife and family, and had been struggling with a painkiller addiction for the past two years. The year before, he’d been laid off from his job after going on disability leave due to depression.
According to court documents, Micah owed drug-related debts to members of the Hells Angels as well as “the cartel.” One friend of Micah’s told police his life seemed to be headed in a downward spiral after he lost the ability to see his son, and often got in fights with others at bars. In one witness statement, an unidentified woman told police of a prior incident when she and Holsonbake were kidnapped at gunpoint and driven to an orchard in west Bakersfield. Holsonbake bolted from the vehicle as it was moving, she told police. That account was corroborated by a friend of Holsonbake's who told police that he said he had been kidnapped at gunpoint. He told his parents that he feared for his life, frequently thought he was being followed in his car, and rambled about various people he believed were out to get him, but they mostly wrote it off.
James
Micah had been hanging around with James Kulstad for some time before he disappeared. It’s not clear when they first met, but it appears they become friendly through the drug scene. Like Micah, James first became addicted to prescription painkillers after being hit by a car, before progressing to fentanyl patches and eventually heroin. He’d been a single father to his daughters Camryn and August. His obituary characterized him as a free-wheeling surfer who held a patent for an action sports product and earned the nickname “Joe Vegas” for his love of gambling and table games. Camryn, now 19, says she and James had an especially close relationship after her mother died when Camryn was an infant, and James often warned her against getting involved with drugs and partying in a clear-headed way, which made it even harder to watch him spiral downward in the years before his death. “I felt like I lost him before I even lost him, but I worked so hard,” she told a reporter. “I was working so hard on everything I could do to make him get better… I was hanging onto hope and whoever killed him took that away from me. I don’t have that anymore, I don’t have hope.”
In the wake of her father’s death, Camryn says that a number of stories and rumors about his life surfaced, further complicating her grief. “Some of the stories I’ve heard is that he was a really bad person these last 3 years,” she said in 2019. On the night of his murder, James reportedly drove to an acquaintance’s home in Southwest Bakersfield where his brother Ryan Kulstad was hanging out. Ryan claims that the homeowner allegedly owed money to James and told Ryan that if James came over to his house, he’d “call his boys and they’d come over there strapped,” which Ryan says he didn’t interpret as a serious threat. Ryan and James reportedly argued about this on the phone, and James showed up at the house a couple hours later. Ryan says he had just returned from driving someone else home and noticed a driver in a silver sedan behaving suspiciously as he returned to the house. Moments later, Ryan and his unidentified male passenger heard gunshots on the next block: an unknown gunman opened fire on James from another car, causing him to crash into a parked trailer. The same silver sedan was seen speeding away from the scene.
The owner of the home where this all took place was Dr. Sukhjeet Bajwa, who at the time was a chiropractor with a local practice. Bajwa lived in a quiet subdivision in Southwest Bakersfield. It was an unlikely setting for a drive-by, and according to initial news reports, police were at a loss for the motive behind the killing, or what James was even doing in the neighborhood at all. Then things began to unravel: Bajwa, it turned out, had been arrested twice in 2016 and 2017 after driving while impaired, and in addition to liquid heroin, Xanax, and hydrocodone, police also found two unregistered, loaded guns in his car, an AR-15 and a .22LR semi-automatic rifle with a fake silencer attached. All of this was detailed in a disciplinary complaint filed by the California Board of Chiropractic Examiners, and after Bajwa’s name began repeatedly surfacing in connection with the shooting, a rumor began to circulate about a black-market gun and drug trafficking ring in which Bajwa was supposedly a central figure.
It was the type of conspiracy theory most people instinctively write off as too bizarre to be credible. But it must have rung a bell to Lance Holsonbake. Before Micah’s disappearance, he told his father that he was “putting together guns for people,” according to a 2019 interview. Lance said he reacted in disbelief to this confession, because the idea that Micah would risk his career by getting involved in illegal gun manufacturing just didn’t make sense. “If you’re this afraid, just stop,” Lance recalls telling him. “And he’d say, ‘I can’t do that I can’t do that.’ He was afraid he did that they would hurt his family.” He wrote it off as paranoia exaggerated by his son’s drug use, and didn’t know how much of it was real and how much was in Micah’s mind. According to Lance, Bakersfield police initially suggested that Micah had left town of his own volition after getting mixed up in criminal activity and, from what I can tell, didn’t make much of an effort to investigate. Though the family says he was last seen on March 23, 2018, Bakersfield police claimed he wasn’t reported missing until April 4, and it appears they waited until April 13, when he’d been missing for almost a month, before BPD made its first public statement regarding his disappearance. After James was murdered a few days later, the Holsonbake and Kulstad families grew increasingly frustrated with the apparent lack of interest in investigating either case, and told the media later that as they began digging into the circumstances surrounding both cases, one name kept coming up with everyone they talked to: Baylee Despot. And within a week, Baylee Despot had also gone missing in Bakersfield.
Baylee
Baylee Parrent-Despot was 20 years old when she was reported missing in April 2018, and the families say that it was her disappearance that finally motivated the police and local news to start investigating the links between all three cases, for reasons that seem obvious to anyone who has ever seen the media react to a pretty white 20-year-old going missing. Her sister, Katelyn Parrent, describes her as “a girl that’s grown up in a good neighborhood, raised by good parents, had a good childhood, could’ve had everything she ever wanted,” much like James and Micah. And beneath the surface, she was as troubled as either of the men: after graduating high school, she’d run off to Vegas to marry her boyfriend, but their rocky relationship turned into an abusive marriage that ended just a year later in 2017. In the aftermath, she wrecked her car, lost her job, and in her mother’s words, “Her life just spiraled out of control.”
In July 2017, Baylee was arrested for disorderly conduct in front of her friend Micah Holsonbake’s house. This came as a surprise to her sister, who had at one point been friendly with Micah herself — she didn’t realize he and Baylee even knew each other. But even though he was 14 years Baylee’s senior, Katelyn remembered him as a clean-cut guy who worked at a bank, and their mother, Jane Parrent, says Micah helped her get a restraining order against an abusive ex-boyfriend. They didn’t see any cause for concern. Still, Baylee’s life continued to spiral out of control. The following month, she was drugged and gang-raped at an acquaintance’s apartment complex. She disappeared for days at a time and resurfaced with “horrible stories” or pleading phone calls begging to be picked up. On one occasion, Katelyn remembers, “She had none of her belongings, no shoes… A couple nights after that there were two vehicles that came to pick her up and we could tell by the look on her face that she didn’t want to go, but if she didn’t go, we didn’t know what would happen.”
Matthew
Not long after that incident, Baylee had a new boyfriend. Matthew Queen was 43 years old, a convicted felon, and an all-around bad dude. Not much is known about his background, with one major exception: in the early 2000s, he plead guilty to one count of making a false statement to a federal firearms dealer after he used a false address, but his real name, to purchase $11,000 in guns from dealers in Indiana. Many of those guns were later recovered at crime scenes in Detroit and Chicago. If you want an idea of what type of criminal mastermind we’re dealing with here, I recommend reading just the final ruling on that case from the 7th Circuit court of appeals:

“We reject Queen's argument that gun buyers may lie about a street address so long as they live within the state where the gun is sold . . . Queen in fact had once lived in an apartment at 2072 Egret Court, but he did not live at this address when he completed the forms and bought the guns because he was evicted on December 18, 2000, for nonpayment of rent."

Great. Sounds like a great guy.
Lest you assume Matthew Queen might have hypothetically seen the error of his ways and cleaned up his act after this early foray into gunrunning, he absolutely did not. In December 2017, just a couple weeks into Matthew and Baylee’s relationship, they were arrested after police found four unmarked, unregistered, loaded assault rifles in Matthew’s car during a traffic stop. Neither he or Baylee said a word to the police, but while Matthew (who, as a convicted felon, was prohibited from carrying any guns or ammunition at all) was charged with several felonies, while Baylee pled no contest to a lesser misdemeanor and received three years probation. Later that month, she moved in with Matthew, his mother, and his estranged wife. Baylee’s family saw and heard even less from her. And in April, a month after Micah’s disappearance and just one day after she and Matthew attended a court date for the weapons charges, Baylee went missing. Her mother believed she was pregnant with Matthew’s child and was trying to leave him at the time. Matthew told police that she had connections through her father's side of the family with a Mexican drug cartel and believed they had something to do with her disappearance.
Local interest in the case reached an even greater frenzy after Micah’s severed arm was found in the Kern River in Hart Park on the east side of town, not far from from where he was last seen. It was positively identified in late December 2018. By this point, the family of the Bakersfield 3's investigation had amassed around 10,000 followers on Facebook and another 5,000 in a private group, and the story was a fixture on local news. Another curveball came around this time too, when a former friend of Baylee’s named Sara Wedemeyer, 21, filed a restraining order against Baylee’s mother, Jane Parrent. As it was reported, Sara had moved in with Matthew mere weeks after Baylee disappeared, and she was four months pregnant with his child when she attempted to take out legal action against Mrs. Parrent, whom she claimed was harassing her and her “fiancé” by hanging up missing person fliers in their neighborhood. The restraining order wasn't granted, but Queen allegedly began making disturbing social media posts about Baylee, Micah, and the Parrent family, with Mrs. Parrent as the primary target. And in mid-2019, the investigation seemed to grind to a halt.
Part 4: New Developments
On May 27, 2020, roughly two years after the first developments in the Bakersfield 3 case, the Kern County District Attorney held at a press conference to announce they believe Baylee Despot and Matthew Queen “deliberately and with premeditation" murdered Micah Holsonbake. Despot and Queen, along with a third man, Matthew Vandecasteele, were charged with the alleged kidnapping, torture, and first degree murder, as well as unlawful manufacturing of assault weapons, conspiracy relating to the murder and torture plot, and a slew of other assault and gun charges (34 in total). Queen and Vandacasteele were both in custody at the time the charges against them were filed, but even though Baylee still has not been seen or heard from since 2018, the DA’s office issued a warrant for her arrest, leading some to speculate she may still be alive.
According to court records, Matthew Queen allegedly believed that Micah Holsonbake had stolen a .44-caliber revolver from him. He and Baylee Despot kidnapped Micah, zip-tied him to a chair in Matthew Vandecasteele’s garage, and attempted to torture him in order to extract information from him. A blood stain in the garage matched Holsonbake’s DNA. Vandecasteele told police that he didn’t see or hear Micah on the night he was killed, but knew that the other two had brought him there to question him. After several hours, Baylee allegedly returned to the apartment seeming “flustered” and changed her clothes in a back bedroom. Before they left, “Queen told Vandecasteele that he had cleaned everything up and it was OK to go inside the garage.” The next day, Queen returned to Vandecasteele’s apartment and said he “needed help disposing of something” in a large black storage container in the trunk of his car. Vandecasteele claims he refused to help with disposing of the body, but according police reports, his Google history during that period of time included searches for “lye chemical formula,” “lye for sale” and “how long does it take to dissolve a human body,” as well as browsing for lye on the Home Depot and Lowe’s websites.
Queen, Despot, and Vandacasteele allegedly manufactured and sold AR-15s from gun build kits. Other witness testimony released by the courts described various kidnappings that witnesses allege Queen, known as “the boogeyman of Bakersfield,” committed. In one incident, Queen allegedly handcuffed one victim to a chair and put an electric dog collar around his neck because he believed the man had stolen a gun part from him. Another witness said that Queen and Vandacasteele showed up armed at his hotel room after the witness told Baylee where he was staying, and that he believed they intended to kill him because he’d been arrested “with a large quantity of narcotics that he was fronted or given without paying for them and the people who had gave him the narcotics could have been upset.” (According to the police report, surveillance footage from the hotel corroborates this account.)
It’s also believed that he made anonymous calls to the police tip line to misdirect the investigation away from himself: one such caller referred to Baylee as a “sugar momma,” a phrase which Queen reportedly used to describe her when he spoke to investigators in August 2019, and he also used the same pseudonym on the tip line that he did on social media. When police questioned him around this time, he denied being part of a criminal enterprise and claimed he could barely pay his bills. Then, while out on bail for unrelated gun charges in January 2019, Queen allegedly kidnapped another man at gunpoint and forced him to walk into the Kern River while Queen accused him of snitching to the cops. He’s been in custody since July of 2019 due to this kidnapping.
Part 5: No Body, No Crime
So where is Baylee Despot?
According to official statements from law enforcement, no one knows. After the warrant was issued for her arrest, a wave of speculation followed that she had faked her own death or fled to Mexico with the help of unspecified “cartel connections.” That story seems less and less likely as more details have emerged from court documents. Vandecasteele told the police that Despot was “falling apart mentally” after murdering Micah. He and Queen both suspected that she was cooperating with police on an investigation relating to the illegal weapons charges, called her a “snitch” in one interview, and told investigators he believed Queen “made her disappear.” In one interview, a female witness said Queen kidnapped her at gunpoint, took her to an orchard, and held an AR-15 to her head while he questioned her about whether Baylee was faithful to him.
When police questioned him about Baylee’s disappearance in July 2019, he said was depressed and off her medications, and she had said she wanted to die. When the investigator told Queen there had been allegations of domestic violence involving him and Baylee, some of which resulted in bruises, Queen said he never laid a hand on anyone. He told the detective she was clumsy. Despite all of this, Jane Parrent says that police have told her that they don’t consider Matthew Queen a person of interest in Baylee’s disappearance, and that there is "no known physical evidence that definitively confirms her possible death." She is now offering her own personally-funded $1000 reward for information about her daughter’s location.
The rest of Micah Holsonbake’s body has not been recovered, though according to court documents, investigators believe Queen may have buried him in the hills near Taft, a rural area about 45 minutes west of Bakersfield.
There have been no developments in the investigation of James Kulstad’s murder since 2018. Anyone with information is urged to contact the Bakersfield Police Department at (661) 327-7111, or the Kern Secret Witness program at (661) 322-4040. A reward of up to $10,000 is being offered for information leading to an arrest in this case.
Ultimately, what really frustrates me about this case is that even after this avalanche of charges, so many questions remain unresolved, and not just what happened and who did it, but why. If the investigation concluded that James Kulstad’s death was unrelated to the disappearances of Baylee and Micah, who ordered his murder, and what was the reason? To what extent was the chiropractor involved with Queen and Vandecasteele’s trafficking racket? Was Sara Wedemeyer involved with Baylee’s disappearance, and if not, how’d she end up living with Matthew and expecting his child just two months after her “friend” went missing? Why did Sara and Matthew harass Baylee’s mother for months after the disappearance?
More than anything, I’m still lost as to Baylee Despot’s motivation for any of this. Did she just find herself in too deep with no way out? Did she actively make the choice to become a gunrunner? Did Matthew, looking to settle a grudge against Micah, seek out a relationship with Baylee with the intention of using her to get to him? Did he kill her because she was cooperating with the cops, because she attempted to leave him, or because he was just a sociopath who felt she was no longer useful?
Or is there a chance that law enforcement knows more than they’ve let on? When investigators told Mrs. Parrent that Matthew isn’t a suspect in her disappearance, was that an indication that she may, in fact, be alive?
Probably not. But at this point, anything is possible.
Sources:

1. Baylee’s page on The Charley Project: https://charleyproject.org/case/baylee-cheyanne-despot
2. First news story about Micah Holsonbake’s disappearance, 4/13/20: https://www.bakersfield.com/news/breaking/man-reported-missing-april-has-medical-condition-family-says/article_8af62936-3f73-11e8-a82e-4b2ef30f031f.html
3. “Baylee Parrent-Despot reported missing for more than a month,” 6/8/18: https://www.turnto23.com/news/local-news/baylee-parrent-despot-reported-missing-for-more-than-a-month
4. “The Bakersfield 3: Reward offered in Baylee Despot case,” 9/18/18: https://www.kget.com/news/the-bakersfield-3-reward-offered-in-baylee-despot-case/
5. “Bakersfield 3 mothers recall their last contact with children,” news article dated 10/24/18 https://www.bakersfield.com/news/momma-loves-you-bakersfield-mothers-recall-their-last-contact-with/article_418f70a8-d7e0-11e8-ac3c-67a7fc8df3d1.html
6. “BPD: Missing man in Bakersfield 3 believed to have been killed, and his death shares similarities with disappearance of missing woman,” 10/20/18: https://www.bakersfield.com/news/breaking/bpd-missing-man-in-bakersfield-believed-to-have-been-killed/article_fbeb8eb4-04b8-11e9-bb07-17e07813288b.html
7. “Mother of missing woman fights harassment claims stemming from her daughter’s disappearance,” 12/18/18: https://www.kget.com/news/mother-of-missing-woman-fights-harassment-claims-stemming-from-her-daughters-disappearance/
8. “Micah Holsonbake dead; DNA test confirms arm found in river his,” 12/20/18: https://bakersfieldnow.com/news/local/bpd-believes-a-man-missing-since-march-was-murdered
9. “Stories behind the Bakersfield 3,” 12/20/18: https://www.kget.com/news/homicide-news/stories-behind-the-bakersfield-3/1669785945/
10. Ryan Kulstad appearance on Dr. Phil, 1/14/19: https://www.drphil.com/videos/a-young-man-describes-what-led-up-to-him-holding-his-older-brother-in-his-arms-as-he-died/
11. “A closer look at the Bakersfield 3: Where is Baylee Despot?,” 3/5/19: https://www.kget.com/news/local-news/domestic-violence/a-closer-look-at-the-bakersfield-3-where-is-baylee-despot/
12. “A closer look at the Bakersfield 3: Who killed James Kulstad?” 3/6/19: https://www.kget.com/news/a-closer-look-at-the-bakersfield-3-who-killed-james-kulstad/
13. “A closer look at the Bakersfield 3: What happened to Micah Holsonbake?” 3/7/19: https://www.kget.com/news/a-closer-look-at-the-bakersfield-3-what-happened-to-micah-holsonbake/
14. “One year later, mothers of Bakersfield 3 continue their search for answers,” 3/23/19: https://www.bakersfield.com/news/one-year-later-mothers-of-bakersfield-3-continue-their-search-for-answers/article_528a7650-4cfc-11e9-886c-23d55ec3c32d.html
15. “One year since death of James Kulstad, one of the 'Bakersfield 3’,” 4/8/19: https://www.turnto23.com/news/local-news/one-year-since-death-of-james-kulstad-one-of-the-bakersfield-3
16. “Mother of missing Baylee Despot speaks out on arrest of kidnapping suspect Matthew Queen,” 7/15/19: https://www.kget.com/news/local-news/mother-of-missing-baylee-despot-speaks-out-on-arrest-of-kidnapping-suspect-matthew-queen/
17. “Investigating the mysteries of what happened to the Bakersfield 3,” 11/3/19: https://www.turnto23.com/news/crime/investigating-the-mysteries-of-what-happened-to-the-bakersfield-3
18. “Defendant in alleged kidnapping waives right to preliminary hearing,” 11/9/19: https://www.bakersfield.com/news/defendant-in-alleged-kidnapping-waives-right-to-preliminary-hearing/article_b5a3274c-00c4-11ea-a1e9-635cd4a35c9e.html
19. “More charges filed against accused kidnapper Matthew Queen,” 1/1/20: https://www.kget.com/news/crime-watch/more-charges-filed-against-kidnapping-suspect-matthew-queen/
20. Press release announcing charges filed against Queen, Despot, and Vandacasteele: https://www.kerncounty.com/home/showpublisheddocument?id=4595
21. “Matthew Queen makes a court appearance in connection to 'Bakersfield 3' case,” 6/12/20: https://www.turnto23.com/news/crime/matthew-queen-make-a-court-appearance-in-connection-to-bakersfield-3-case
22. “‘Bakersfield 3’ member Micah Holsonbake believed killed by Matthew Queen over alleged stolen gun, defendant says in court documents,” 6/18/20: https://www.kget.com/news/crime-watch/bakersfield-3-member-micah-holsonbake-was-killed-by-matthew-queen-over-alleged-stolen-gun-defendant-says-in-court-documents/
23. “Documents suggest Micah Holsonbake was afraid of suspect Matthew Queen; suggest Queen attempted to mislead investigation,” 6/17/20: https://www.turnto23.com/news/crime/documents-suggest-micah-holsonbake-was-afraid-of-suspect-matthew-queen-suggest-queen-attempted-to-mislead-investigation
24. “Documents detail depth of investigation into suspected murder of Bakersfield 3 member,” 6/19/20: https://www.bakersfield.com/news/documents-detail-depth-of-investigation-into-suspected-murder-of-bakersfield-3-membearticle_ac1fb9a4-b278-11ea-962b-6b8ee0b03647.html
25. “Bakersfield 3 update: Matthew Queen appears in court, pleas not guilty to all charges,” 6/11/20: https://bakersfieldnow.com/news/local/bakersfield-3-update-matthew-queen-appears-in-court-pleas-not-guilty-to-all-charges
26. “‘Bakersfield 3’ member Micah Holsonbake was afraid of murder suspect Matthew Queen, became increasingly paranoid before he disappeared, documents say,” 6/17/20
27. Appellate court decision against Matthew Queen: https://law.justia.com/cases/federal/appellate-courts/F3/408/337/509670/
28. Obituary of James Kulstad: https://www.legacy.com/obituaries/bakersfield/obituary.aspx?n=james-john-kulstad&pid=188771330&fhid=6140

This is gonna be a really long, rambling post about gacha, gambling, addiction, psychology and ethics. If you want the TL;DR, here it is: Joey and Garnt are at the very least irresponsible influencers, and at the very worst they might have a serious addiction that stems from a low dopamine life-style.
We all most likely watched the episode and know what happened and what was talked by who, but for further context, if you are unaware of anything, even after the memes, on the last episode of Trash Taste Podcast, specifically in the last 40 minutes of it, the Boys discussed (and argued) about the gacha game scene and gambling addiction. You can check it out on the sticky post on the top of the subreddit front page.
To cut it short, Connor argued that gacha games are just as if not more dangerous than actual gambling, specifically for a few reasons. First, it is a game of no return. In real life gambling, you can (fleetingly) get real money back from it, and even make a considerable profit. Gacha games simulate the act of gambling while offering no significant reward or value other than a measle amount of dopamine and a cute character to play with. Secondly, the game is marketed towards older kids, teenagers and young adults on an age range of 12-25 years old, an age group where most individuals are either not mature enough to manage their money safely or even financially independent at all, with most people in this range not even being active members of society yet. Furthermore, the gacha-gambling model is largely unregulated and unsupervised by authority figures, be it responsible adults, laws or any other regulating institution.
To this, Garnt (largely) and Joey (in a lesser but still significant way) responded that, while they agree no one should be able or willing to spend such large amounts in these games, they do not pose significant harm to most people, and even further, can present justifiable value enough to be acceptable in their current forms, with minor changes. At one point, Joey expressed the idea that if these games made it difficult for him to spend money, he would mostly just not play them at all rather than go free-to-play. Garnt attempted to defend the idea that spending on these games was not necessary and going the F2P route was not only possible, but easy. He himself, however, admitted to that not being the case with him.
This is the thick and short of it. Now let me get into the main argument this post is attempting to make.
Connor's position along the entire discussion was entirely and utterly reasonable, and not only that, but even after being soft-gaslighted into being less harsh on his stance, he still was the only one willing to take the problem seriously at all.
Garnt and Joey, kn the other hand, began the discussion with an ironic and memey tone, not taking it at all seriously. When Connor's stance didn't change and his points began hitting a little too close to home, that's when they got defensive of their point and tried to appeal to various fallacious arguments and unbelievable takes. Most notably, Garnt defended that "If you have a problem with gambling or if you have poor self-control, you just should not be playing Gacha Games", which beyond being obvious, is a bonkers thing to say. It would be akin to saying "if you feel depressed or suicidal often, you should just ask for help and not kill yourself" or "if you have a drug problem, maybe don't go buy drugs". It is a statement that hides behind it's obvious correctness to take away attention from the fact that this adds nothing of value at all to the discussion,nor does it make for a suitable defense of the system that gacha ganes operate in.
The first big problem with this entire thing is that the three of them, both in the podcast and with their individual channels, have a great influencing power. Having your opinion, no matter who you are, broadcast to over a few hundred thousand people world-wide is bound to influence or resonate with some of the audience. When the person in question is a respected figure, speaking to an audience of admirers or fans, most of which at a young age, and within a subject matter of interest to the audience, the influence rate will grow even bigger. In this midst, there is statistically no way at least a handful of people didn't watch this episode and felt like they had their actions justified. Add to this that the gacha community at large is either aware but indifferent to the similarities it has to gambling, or straight up defensive of the entire model, and you have a pretty dangerous mixture of things here.
The second issue I see and hope to convey on this matter is that both Garnt and Joey seem unaware of just how scummy and messed up the tactics behind gacha games are. It's not just rate manipulation and constant advertising. The entire development process is centered around creating the perfect space for you to spend copious amounts of money without feeling that you really spent them. It goes so much deeper than just making cute girls to sell you. From the game page on the app store you get it from to the main menu, to the game design, to the in-game systems, to the rates, to the promotions, to the update cycle, to the end game, to the daily challenges, EVERY LITTLE ASPECT of it is engineered to rewire your bain into believing that it's not that bad to spend, and having the desire to do so more often than you reasonably would.
This is a very important one, amd Connor briefly touched on it in his rant. Cassinos, actual gambling places, build and thought to make you spend and lose, are like a glass door compared to the five inch lead wall that is the gacha strategy. They show you the rates at all times. They offer you the option to set yourself a limit. They make you aware that you are spending money, they cap the age at a minimum of 21, they have a lot of systems in place to control bad spenders. Of course, most of those came from law and regulations, but even before that, back in the 18th amd 19th centuries, no normal adult would advocate or defend that 12 to 18 year olds should be able to gamble real money into pieces of paper or cardboard cutouts. So imagine thinking, for even a moment, that what gacha games do is even close to okay. It is not, by any measure, morally, ethically or lawfully, okay.
But it gets worse. Way worse. Here is where I began actually worrying about the boys, in particular Joey and Garnt, the latter most of all.
They seem to actually believe that the above exposed is somehow justifiable based on little doses of dopamine, memories and the abstract idea of "the experience" you get. They compare spending ONE HUNDRED DOLLARS on a game to get TWO DIMENSIONAL IMAGINARY GIRLS to a night out with friends where you spend a hundred dollars in food or drinks.
What the actual f*ck.
This is not just bad. It's really, really bad. It's unreasonably and unbelievably absurd. It nearly collapses the entire concept of reality from just how bad a take this is.
No. No, no, no. NO. In no way, in no conceivable theoretical way, one of those things is comparable to the other. Never. This is the type of thing that depressed people tell themselves to justify self destructive behavior. Spending copious amounts of disposable income into games just to get "a daily dose lf dopamine" going is insane. Just for reference, you can get dopamine for free by doing any of the following:
Exercising
Finishing a task-list
Cleaning your room
Working on a passion project
Playing any sport, specially with friends
Going for a walk with you pet
Having a conversation with a friend or significant other
Having a good meal
Waking up from a good nap
Watching a fun movie
Traveling
Hiking
Riding a bike
Radical sports
Reading a good book
Seeing a long-time relative or friend you missed for a long time
Getting a hug
Having sex
Sleeping cuddled with you SO
Holding hands
Kissing
Watching the sun set/rise
Going to the beach
Camping
Playing an actual good videogame that isn't f*cking Genshin or FGO
This is not an exhaustive list. It's literally just things I thought off the top of my head while writing this. Some of those activities require some money to do, and some are impossible during the pandemic. But most of them are free/cheap and easy to do at home or with little to no contact with anyone.
If getting a good pull in a lootbox virtual casino is the best way you can think of to get any dopamine release, or if that release is so significant to you as to justify spending more money than some people make in a week, then I'm sorry, but you have a serious problem. I mean it. I know the Boys can do most or all of those things listed up there and much more. I know for a fact they are not in a situation of loneliness, vulnerability or isolation, even in the current world situation. So why is it that Garnt thinks gambling is a good solution for boredom in the quarentine? Or why did Joey insinuate that making it harder for him to spend money would just make him drop the game?
And if these two, that as I said are in a very privileged spot of having easy access to healthy ways to produce dopamine and conquer isolation, are having this kind of relationship with these games, what's to say of people around the world, including many of their listeners/viewers, who either live alone and/or have no perspective of a successful career with easy access to basically limitless disposable income like they do? What's to say of the teenagers who spend all night up playing games, watching anime, jerking off and stealing their parents' credit card to buy pulls? What's to say of the depressed university students who have a shitload of debt thrown at them and live an isolated, virtual life right now? What about them?
Joey and Garnt might not have any problem controlling themselves, or have enough money to waste such that a thousand dollars into gachas doesn't feel unreasonable, no matter how actually unreasonable it is. But they are either ignorant of the actual problem, or (and I sure hope I'm completely off on this one) completely unemphatic to their struggles. Because "Just don't play" is not a thing someone with empathy for the gambling addicts would say. Connor was deadass on this one.
And that leads us to the final nail in this horrific, goldplated coffin. The memes.
Yes, the memes.
There are so many memes. Garnt mentioned that "no one memes on the guys going bankrupt" while doing just that for half an hour. The entire gacha culture is basically a serious sociological and psychological problem deep-rooted into the heart of the zoomer generation. And yet it wears a mask mad e of memes, that hides the actual problem under a nearly impenetrable layer of irony, self-pity and depressive jokes. But the subject is not that funny under the magnified lens of a closer look.
The easygoing demeanor with which gacha addicts and casual underaged gamblers treat the entire thing is so light on the mood, so soft on the eyes, that you may just forget that those people might be ruining their lives. It's not a joke. It should not be treated like one. The meme culture around gacha fames has created more gambling addicts among 15 and 16 year olds than any illegal casino would ever dream of. These young people are just laughing away ridiculous sums of money for a teenager to spend, and feeling none of it until it is too late to go back and give up.
I am not trying to guilty trip any of the Boyys here, nor am I accusing them of being apologetic of underage gambling. I'm just trying to put this entire thing under a serious light. Because it needs someone to do so. This post comes from a place of worry and love, not one of disrespect or accusations. I simply want the Boys to look at this in a responsible way.
I might be talking to the walls here. I might really be just shouting in the vacuum. But if I can try to make my voice be listened to, I will. Because I must. If you read all the way down to here, I have two more things to say.
One is: please, do not let the monetization model these games operate in get to you. If you've spent any amount of money on them and feel tempted to continue, I insist you don't. If you have only ever played them without spending, and are still having fun, you're free to do so, but tread carefully.
And the other is: gacha mechanics can ruin much more beyond your financial wisdom. They are actively harmful to the games industry as a whole. Instead of making good games out of passion, these developers are being led to create mediocre games out of greed from the higher ups. If gou care about gaming at all, or if you just give a shit about an industry many people love, I request that you understand why gacha games are a bad sign, and that you spread that awareness, if you can. This is a really important subject to me and I think ut should be to other gamers as well.
Thank you for reading. Have a great day. Save your money.
P.S.: Garnt, Joey and Connor. If you guys read this, I love you and what you do. I listen to this podcast almost religiously, and I really enjoy all of it. Please, take care of yourselves and have a great 2021. Peace. (This is a shot in the dark, the chances of them reading this are so low I feel almost stupid. But hey, I tried huh?)