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The Tom Delonge Thread


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The only way Tom should be allowed back in the band is if he climbs that same street light to impress Mark this time.   *broken ankles are optional.

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the above video is a good evidence for future lawsuits.

i have said before that there's no chance of suing tom for the instant devaluation of the shares, because it is in the contract, so no one was scammed.
but: it is still scamming if he publicly talks about these shares as a good investment (contradicting with what the contract says).

so the problem is not in the paperwork, it's in the false advertising.

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But from what I can tell, from comments to that video, to reddit, here, etc is that nobody thinks of it as some sort of actual investment like an actual stock. He's only using it as an example.

Seems like people are just willingly giving him money and are fine with that, think it's a cool idea.

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I think you're right Kyle about people's expectations, and I don't know shit about investing or anything like that but it seems like there is a legal difference between investing in a company the way that he keeps telling people "hey buy shares, come be a part-owner of TTS" vs. accepting donations that go toward his projects. Is that not correct? Cause all it takes is one disgruntled "shareholder" to file a lawsuit and make the law take a look at how it's all set up.

Like I said before, I don't think he's intentionally scamming people and I HIGHLY doubt he's doing anything illegal or will get busted. If anything I think he might have unintentionally gotten himself into a potentially weird situation by doing this "selling shares" thing to make his company seem more legitimate. He probably should have just done a Patreon or Gofundme all along but he probably thought that was too small-time haha.

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It's been argued that he is doing the "shares" thing so if it gets blacklisted or whatever by the government, people are behind it and it would be harder to do so.

No clue if that's it, or it's just marketing.

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He's doing the shares thing so he can get out of debt with zero overhead or material costs. It's like Tom's very own gofundme to get him out of debt, but he gets to retain his ego and pride under the guise of an "investment."

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8 hours ago, _Kyle_ said:

 

where does he say you're going to get anything back?

Were you watching the same video I was watching?

He mentioned, shares, stock exchanged, investment, IPO, and said "hopefully you do really well". He literally compared it to buying shares on the stock exchange (which it is not like at all).

 

No, he didn't guarantee it, but he is lying thru his fucking teeth. He is selling shares for $5 that are worth at best 1/10th of a penny.

 

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9 minutes ago, Ghent said:

He's doing the shares thing so he can get out of debt with zero overhead or material costs. It's like Tom's very own gofundme to get him out of debt, but he gets to retain his ego and pride under the guise of an "investment."

That's exactly what it is. Nothing more than a donation. Which would be okay, if he called it a "I am in debt and I need money". If people want to do that. Fine.

The problem I have is, he is a liar, and he is scamming, and just covering himself with fine print.

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8 minutes ago, Olidamus said:

Were you watching the same video I was watching?

He mentioned, shares, stock exchanged, investment, IPO, and said "hopefully you do really well". He literally compared it to buying shares on the stock exchange (which it is not like at all).

 

No, he didn't guarantee it, but he is lying thru his fucking teeth. He is selling shares for $5 that are worth at best 1/10th of a penny.

He says "like you would". I mean, are you not getting he's making a comparison?

I hope he does "really well" too. That doesn't mean monetary gains. Or at least he's not specifically saying that here.

AGAIN, who here is FOOLED?

Over and over with this Tom is tricking people. He might be, but he isn't promising them anything outside of what he stating. As far as I can tell at least. People need to do their homework or at least pay attention to what is being presented here.

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Are you guys confusing his "debt" as being the money he initially puts into the company (ie. debt) that he hopes to make back? Cause maybe I missed this, where did he state he was in debt?

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9 minutes ago, _Kyle_ said:

He says "like you would". I mean, are you not getting he's making a comparison?

I hope he does "really well" too. That doesn't mean monetary gains. Or at least he's not specifically saying that here.

AGAIN, who here is FOOLED?

Over and over with this Tom is tricking people. He might be, but he isn't promising them anything outside of what he stating. As far as I can tell at least. People need to do their homework or at least pay attention to what is being presented here.

No offense but Maybe you need to look up the following terms:

IPO

Shareholder

Purchasing Shares

Investment

Stock exchange

Hopefully YOU do really well.

 

 

Those phrases should get you where you need to be. Also, believe me, people are fooled, based on the tombot comments I saw from people who "invested".

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11 minutes ago, _Kyle_ said:

Are you guys confusing his "debt" as being the money he initially puts into the company (ie. debt) that he hopes to make back? Cause maybe I missed this, where did he state he was in debt?

Debt is Debt. If he is $600K in the hole with a company, why doesn't he just pay it off with the money he has? Debt collects interest.

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20 minutes ago, _Kyle_ said:

Cause maybe I missed this, where did he state he was in debt?

It is repeatedly mentioned throughout the SEC offering circular that the top objective is to pay off the debt owed to the Delonge family trust for loans they gave to other Tom companies. One of those companies being To The Stars.

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5 minutes ago, Ghent said:

It is repeatedly mentioned throughout the SEC offering circular that the top objective is to pay off the debt owed to the Delonge family trust for loans they gave to other Tom companies. One of those companies being To The Stars.

So it's the umbrella corp for all of this? Yeah, makes sense. He's up fronting the money to start it. Wants the money back. Seems like a good idea to me. Doesn't mean he's actually in debt personally

16 minutes ago, Olidamus said:

No offense but Maybe you need to look up the following terms:

IPO

Shareholder

Purchasing Shares

Investment

Stock exchange

Hopefully YOU do really well.

 

 

Those phrases should get you where you need to be. Also, believe me, people are fooled, based on the tombot comments I saw from people who "invested".

Lol. I have just to make sure this is legal and open. It checks out.

I would love to see some actual comments where people think there is money to be made back or that they have some sort of monetary gain from all of this. Seems like it's just a fancy way to donate to something. People seem to know what they're signing up for.

15 minutes ago, Olidamus said:

Debt is Debt. If he is $600K in the hole with a company, why doesn't he just pay it off with the money he has? Debt collects interest.

Because then he would pocket the money from this and that would be bad. It's actually more honest this way.

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As Oliver said, debt is debt. Doesn't necessarily mean he's going broke or anything personally. But no matter how many companies he makes, the debt will still fall back on him in the end. Which is why he created a convoluted fake investment scheme to get it paid off.

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8 minutes ago, _Kyle_ said:

So it's the umbrella corp for all of this? Yeah, makes sense. He's up fronting the money to start it. Wants the money back. Seems like a good idea to me. Doesn't mean he's actually in debt personally

Lol. I have just to make sure this is legal and open. It checks out.

I would love to see some actual comments where people think there is money to be made back or that they have some sort of monetary gain from all of this. Seems like it's just a fancy way to donate to something. People seem to know what they're signing up for.

Because then he would pocket the money from this and that would be bad. It's actually more honest this way.

Its not honest at all, its like you are totally not listening to what he has said in that video. I don't get it.

 

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2 minutes ago, Olidamus said:

Its not honest at all, its like you are totally not listening to what he has said in that video. I don't get it.

Listening to that video, I would surmise that I was contributing to a company built on ideas and not to make money.

I would also wonder if Tom's allergies are as severe as Feldmann's.

4 minutes ago, Ghent said:

As Oliver said, debt is debt. Doesn't necessarily mean he's going broke or anything personally. But no matter how many companies he makes, the debt will still fall back on him in the end. Which is why he created a convoluted fake investment scheme to get it paid off.

Debt is not always straight up debt. I used to own my accounting business, debt is always a factor in anything you spend your money on and it's treated as such.

If the guy was in debt for realsies, he'd be doing solo blink tours. THink about this for one second. He wouldn't be doing more of his ventures if he had any financial instability from this.

 

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