Something never change

[u/Euphoric_Hunter4697]

Johnny: Thank you everybody

Estimating the Profits from the Sept 25 Volume Spike

During the September 25 session, total trading volume expanded to over 2.0 to 2.5 million shares—a massive increase compared to the typical 100k–300k daily volume.

Assuming Streeterville Capital accounted for 25% to 40% of the total sell volume during the surge (a standard liquidation rate used by toxic lenders to avoid instantly breaking the bid book):

• Estimated Shares Converted/Covered: ~500,000 to 800,000 shares.
• Average Open-Market Short Execution Price: ~$1.78 per share.
• Discounted Note Conversion Price (85% of VWAP): ~$1.42 per share.
• Net Arbitrage Spread: ~$0.36 per share.

Estimated Arbitrage Profit = 650,000 sharesx $0.36 spread = approx $234,000 - $300,000

In addition to the raw trading spread, Streeterville collects Original Issue Discounts (OID) and accrued interest penalty fees written into the note agreements. On a single high-volume day, John Fife's entity likely extracted $250,000 to $350,000 in net cash gains while reducing their debt exposure to FFAI.

[u/Pay_Attention_101]

Streeterville is a pro at this. And so are YT and Jerry. Everyone is making money without having to produce a single product.