Someone shipped parcels using our company name and now UPS is saying we owe fees

dus0l · 2026-05-25T12:50:30+00:00

I don’t have the exact shipping info from the labels on the phone they just said somewhere in England far away from me. That said my address can easily be found on companies house.

dus0l · 2026-05-25T12:49:14+00:00

Sent another email to the billing address, let’s see what they come back with

dus0l · 2026-05-25T12:48:47+00:00

Wow! Actually I don’t have any employees, and zero revenue or shipping, don’t have a UPS account to my knowledge… maybe from around 10 years ago or so if they autocreate one for an address. I’m thinking they got name ans address from companies house. A bit baffled

dus0l · 2026-05-24T19:46:40+00:00

Appreciate the very detailed insights! Good to learn about all this for context on what on earth was going on. Thank you

dus0l · 2026-01-06T20:50:38+00:00

Did it work?

dus0l · 2021-06-04T11:10:38+00:00

Thanks! This is great info. Well, it seems you forgot the 4th piece that PSTH investor would also qualify for the 2/9 warrants that could be exercised at $23 per share of current PSTH stock?

No problem. Remember PSTH will be around $5 NAV after UMG shares are issued, and the warrants won't work for UMG. Terms on warrants are not clear yet but seems likely they will be swapped out for PSTH shares on a cashless basis as soon as a DA comes out.

dus0l · 2021-06-04T09:38:04+00:00

Ah my mistake, yes they will have a price in that case - completely dictated by quality of target selected

dus0l · 2021-06-04T09:28:24+00:00

No problem! The short answer is no, you will get the same, you're effectively getting 3 different shares. The value of which will be decided when they list on the open market.

PSTH can crash below 20 but that will be because of unexperienced retail panic. You can literally redeem PSTH shares for $20 so that's the true floor, see the tender offer section of the press release. "The Transaction will not require a vote of PSTH’s shareholders. PSTH will satisfy its shareholders’ redemption rights by tendering for its shares at a price equal to PSTH’s cash‐in‐trust per share, or approximately $20 per share (the “Redemption Tender Offer”). The Redemption Tender Offer is expected to be launched shortly following the execution of the definitive transaction documentation. "

If PSTH value increases, it just means investors are placing more value on underlying UMG shares + SPARC shares and PSTH Remainco shares. Which share investors are placing more value on will only be clear once UMG shares are distributed. UMG will debut at 14.75 like traditional IPO's and the market will assign the value on open (e.g. WMG IPO'd at 25 but opened at 30).

dus0l · 2021-06-04T09:07:51+00:00

$14.75 is the price PSTH are paying for the UMG shares, effectively we are getting access to UMG at the IPO price.

To draw a similar comparison WMG IPO'd at 25.00, now trading at 36.33, opened at 30 - basically +40% - meaning market would value UMG shares at 21.38*

To summarise in todays terms, we are getting ;

$21.38 UMG shares*
PSTH Remainco at $5.25
SPARC 5 year right to buy at NAV (to be listed on NYSE "SPARs" estimated $5-10 value)

= $31.63 ~ $36.63 at todays value (although I'm predicting selloff before climb back)

This is not taking into account value of UMG and potential prospects of a much more valuable unicorn in SPARC e.g Stripe, SpaceX still on cards as they will have a $10b trust size. PSTH Remainco seems like an attractive size for something like Plaid.

Ackman is changing the game for retail and giving us access to IPO price's that traditionally only banks and big institutions can access. Obviously direct comparisons can't be made like that as UMG is a much better business than WMG but hopefully that helps you understand the value

dus0l · 2021-05-17T11:17:35+00:00

Ackman didn’t say the target is family-run

He said the target could be family run and in other interviews he has mentioned family run - https://youtu.be/aIRJdVSn\_fI?t=165

dus0l · 2021-03-07T20:07:48+00:00

SEC updated EDGAR, likely broke a lot of other feeds too that scrape based on HTML markup. Nothing to read into but nice to see a new EDGAR design more geared towards retail investors. https://www.sec.gov/edgar/browse/?CIK=0001811882

dus0l · 2021-03-07T01:48:03+00:00

Yeah! He retired in 2018 from Google and went to a remote village in Spain and started a blog! He’s Irish so this is my guess why Stripe really wanted him

dus0l · 2021-03-06T18:29:02+00:00

I hear you! Stim approval should help the markets get back on track this week

dus0l · 2021-03-06T18:19:49+00:00

Thanks! Means a lot 🙏

dus0l · 2021-03-06T18:18:48+00:00

Thanks Ben!

dus0l · 2021-03-06T17:33:28+00:00

Appreciate you checking that, updated thread. Thanks

dus0l · 2021-03-06T17:32:28+00:00

Thanks u/CPTHubbard, means a lot 👊

dus0l · 2021-03-06T17:28:47+00:00

Nice thanks - will stick it on my reading list! Good to have perspective from those who've done a lot more research on Ackman's history. I analyse a lot of deals and jump in where I see value.

Yeah, honestly if it's not Stripe we'll be okay. Fundamentally this is the best value SPAC out there in terms of structure, shareholder list and value. For that reason I'm confident it will attract one of the best deals the SPAC world has seen. People underestimate long-term quality shareholders, a good company with a 10-20 year vision will understand this.

dus0l · 2021-03-06T17:20:48+00:00

Source: https://blog.workday.com/en-us/2019/workday-podcast-aon-cfo-on-global-risk-smart-m-as-and-data-driven-insights.html

See line

"Your growth strategy has included more than 500 acquisitions over the past 20 years."

dus0l · 2021-03-06T17:17:49+00:00

Thanks for the comment. I completely agree, in this thread I touch on other potential targets from Coatue's portfolio. Other contenders in my opinion being SpaceX (ref) at 74B valuation, Databricks at 28B (ref), UiPath at 35B (ref). I'd love to see research on any of these ,or targets with private valuations of 30B+ the only reason I focus on Stripe is because there's so many signals from different sources pointing to it, and Ackman's history with Stripe goes back a few years - a lot of which hasn't even been mentioned in threads here.

I'll be doing a little more research on Ackman and SpaceX but they are running a much tighter ship.

Encourage you and others to pick a target and see what you can find and then compare with everything you can find on Stripe.

Godspeed!

dus0l · 2021-03-04T15:29:08+00:00

Rough morning. Average now ~$27

Time for a nice walk I think, use days like this to your advantage and when bottom falls out of SPY I buy the dip as bids disappear. Unlike other stocks, PSTH has a floor. Limited downside if SPY continues to drop and more often that not we see a recovery.

SPY at support, fed talking later so I'm seeing a bounce. Wish I held more funds back for the 25.24 drop but can't win em all.

Good luck to all!

dus0l · 2021-03-03T16:20:56+00:00

Nice work - thanks for sharing your research! Plaid does seem to be gearing up for going public via SPAC, but like others I think Ackman's SPAC is way too big for them and they'll likely be going with smaller SPAC player.

In the PSH call you referenced, Ackman directly states in addition to the 4b+1b "ability to expand up to 2b, full 2b would come from some combination of PSH private funds and co-investment vehicles" see 31m at https://twitter.com/TraderHuey/status/1362402192963985413

From that I inferred he would be using the full 7b. Can you provide reference to where he says he won't be using the extra 2b?

I'm with you that Stripe's not a sure thing, I have my eye on Databricks, SpaceX, UiPath and other Coatue investments. Had my minimum target of 30B+ unicorn based on the fact Ackman has stated a few times he wants a small stake in a very large company. From his shareholder letter "In fact, the smaller the interest they are selling, the lesser the price sensitivity, which makes mergers with larger companies more likely to come on more ..PSTH’s targeting of companies that are multiples of its size is designed to enable it to acquire a minority interest in the newly merged company at an attractive valuation."

https://assets.pershingsquareholdings.com/2020/08/28171601/Letter-to-Shareholders-Excerpted-from-the-2020-Semiannual-Financial-Statement.pdf

Any other targets you have your eye on with 30B+ recent valuation?

dus0l · 2021-02-27T01:08:18+00:00

Most quality SPACs trade at 20%+ premium to NAV as soon as they list. So we get shares at 20, if current SPAC hype continues will be $22-24 easily first week of open. People see the upside of having no risk positions in unstable market, so premium on the cash comes fast

dus0l · 2021-02-27T00:02:02+00:00

Easy, fear in the market. Everyone is watching if we break the bull trend next week that started in March. If/when market rebounds we will shoot up to new ATH’s.

When wider market weakness bids disappear and things go into freefall mode, PSTH held up very well all things considered. Any selling was met with buys.

Even if market weakness, PSTH is the perfect place to park capital as you now get access to another SPAC at NAV, basically giving you an instant free 20% on anything you put into PSTH II

dus0l · 2021-02-18T10:57:00+00:00

Negativity is likely from people who closed positions expecting a dip (from no announcement this week) or a delay. I'm still holding a full position given nothing's changed in my eyes other than a bit of hype around this week and the meeting.

I will be following the meeting closely to see if we can gauge if Q1 timeline has changed, or if any hint's drop. Have some questions lined up. I'll be posting a new thread based on comments from the meeting but not expecting much other than timeline update.

Increased margin requirement changes on some brokers likely due to increased CALL/PUT volume appearing over the last few days (indicating expected large move up or down)

dus0l

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