BBIG Shareholder Update: January 2, 2025

Dear BBIGFamily and ALL $BBIG Shareholders past and present. This is going out in email, and multiple social media channels.

1st - Victim Impact Statement - read below and do it ASAP
2nd - Space Call recap of this tonight 9:30PM EST https://x.com/i/spaces/1PlKQbaeVozGE

This is a long but VERY important post. Before you dig in PLEASE submit a VIS (Victim Impact Statement if you feel you are a victim in the 22-20521-CR (Farnsworth/Lowe) case. Instructions below. We need everyone who wishes, to do so as it may impact RESTITUTION amounts set by the court.

As we kick off 2025, I think it's important to reflect on the strides we have made in the pursuit of justice and accountability on behalf of all shareholders. Over the past 2 years, we have been tirelessly working behind the scenes to advance our efforts. Below is a decent little update on key highlights (not to mention so many others but that's for a later movie).

1. Amicus Brief Filing – May 9, 2023

On May 9, 2023, we filed an Amicus Brief with the court in the 22-20521-CR (Farnsworth/Lowe) case to amplify shareholder concerns and provide valuable insight into the broader impacts of fraudulent activities within the company. I believe now because of that filing and our case in 8th Judicial Court in Nevada where we highlighted collusion - our voices were heard.

At the time, we chose not to publicize this filing, as we believed that revealing our knowledge of certain aspects of the justice system to negligent parties could hinder our strategy. Today, however, we are making this document more easily accessible to all shareholders to underline the work we have done and its significance.

Amicus Link

2. Testimony to the Financial Services Subcommittee – July 1, 2023

On July 1, 2023, we submitted testimony to the Financial Services Subcommittee, advocating for stronger protections for shareholders. This testimony highlighted systemic issues and sought reforms to prevent similar misconduct in the future. This effort called out potential collusion of toxic lenders and demonstrated our commitment to both accountability and creating lasting changes that benefit the entire shareholder community.

Testimony Link

3. Victim Impact Statements – Your Role Matters

The criminal case United States v. Theodore Farnsworth and J. Mitchell Lowe has progressed significantly, with Vinco being added to Count 2. This creates an important opportunity for shareholders to influence the court’s decision on restitution by submitting Victim Impact Statements.

These statements allow you to share the financial and emotional toll the defendants' actions have had on you as a shareholder. Judges consider these perspectives when determining restitution amounts, making this an impactful way to have your voice heard.

How to Submit Your Victim Impact Statement:

Email your statement to VictimAssistance.fraud@usdoj.gov.

Include Case Number 22-20521-CR (Farnsworth/Lowe) in the subject line.

Provide specific details about how you’ve been impacted financially and emotionally by their actions.

Do it today. It has to be done before Jan 6th at the latest as the hearing is 1/7/2025.

From the website https://www.justice.gov/criminal/criminal-vns/case/united-states-v-theodore-farnsworth-and-j-michell-lowe

Victim Impact Statement: If you would like to submit a Victim Impact Statement, you may do so by mailing the Victim Impact Statement below (or a letter to the court) to: Victim Witness Unit, U.S. Department of Justice, Criminal Division, Fraud Section, 10th & Constitution, NW, Bond Building, Room 4416, Washington, D.C. 20530. You also may submit the Victim Impact Statement via email at VictimAssistance.fraud@usdoj.gov or by fax at: (202) 514-3708. Template form pdf you can fill out - https://www.justice.gov/media/1258911/dl?inline The information on this website will be updated as new developments arise in the case. If you have any questions, please call the Victim Assistance Line toll-free at (888) 549-3945 or email us at VictimAssistance.fraud@usdoj.gov.

4. Recap: Advocacy and Strategic Progress

Legal Advocacy:

We continued to monitor and engage with the case against Farnsworth and Lowe, including analyzing overlaps with other lawsuits and building a stronger foundation for future actions.

Monitoring Mamadou Coulibaly's Case: We closely monitored developments in the Mamadou Coulibaly case (Case Number: A-23-871337-B) to identify relevant insights and strategies.

Syracuse Supreme Court Cases: We have actively tracked developments in two key cases in Syracuse Supreme Court, against Ted Farnsworth and Zash/ZVV. They have provided amazing insight into the inner workings of Ted w/ the BOD.

Ongoing Case Monitoring:

Beyond Syracuse, we have been studying and keeping tabs on a number of related cases, including:

• - A-23-871337-B Mamadou Coulibaly vs Farnsworth et al
• - 22-2-521-CR Ted Scola-Goodman / LEIBOWITZ(s)
• - 122-cv-08226-KPF-SEC vs Farnsworth
• - A-23-868781-B Vick-Muntz-Genis vs Farnsworth et al (our initiative)
• - A-23-869011-B Butta-Ma vs Vinco
• - SDNY-124-cv-00446 Funders-Dealer Registration (our initiative)
• - CH Construction Cases vs Farnsworth and Zash/ZVV

These cases provide critical insights and support our broader strategy for holding bad actors accountable.

Discovery and Strategy: By closely examining cases such as Chris Haines v. Ted Farnsworth, we uncovered important facts, such as misuse of Vinco assets through shell companies like Zash and Syndicate Holdings. These discoveries strengthened our understanding of fraudulent activities and provided a basis for further legal claims.

Derivative Strategy Development: We are aware of efforts by two shareholders who have independently stepped forward to assist in derivative strategy efforts. Under the guidance of Jeff Haber, these shareholders are conducting appropriate research and planning to ensure a robust approach moving forward.

Agency Submissions: Over the past year, we submitted critical information to the DOJ, SEC, U.S. Attorney's Office, and other entities. While we cannot disclose specifics at this time, we may share details of these submissions at a future date as circumstances permit.

Transparency: Throughout the year, we maintained communication with shareholders, even when unable to disclose sensitive details publicly. We’ve ensured that every action taken was in the best interest of the shareholders.

5. What’s Next?

Looking ahead, we're going to keep seeking accountability for shareholders and try to get back any money we have lost.

We're pursuing accountability through both the legal system and corporate governance reforms.

Updating shareholders with actionable steps, such as filing Victim Impact Statements and amplifying our collective voice.

Continuing to work with legal experts to navigate complex cases, ensuring that we leverage every opportunity for restitution and justice.

6. Your Support is Crucial

Your participation has been invaluable, whether through donations, advocacy, or sharing information. We encourage everyone to contribute by:

Writing and submitting a Victim Impact Statement. Sharing this update with other BBIG shareholders and supporters.

Staying informed and engaged as we move forward, but please don't stop working and getting sucked into daily updates. Keep making a living and look out for your family first. That doesn't happen w/ the legal system. It's slow. Do what is best for you.

We're not done - but I must say this: Thank you for your unwavering dedication and support. Thanks to those providing updates on social media regarding pertinent cases. IT HELPS! Thanks to my friends who have not abandoned me during this heavy burden. YOU make it possible to carry on. Your DMs, texts, phone calls, emails, likes and retweets do not go unnoticed. I will love you guys forever! Without my wife I would have quit long ago. She and my kids are my everything and why I fight. But ultimately God has been watching over me and I believe all of us. Do not forget Him. Thank Him. Whoever He is to you - He loves you!! I know Him to be my Heavenly Father and His Son Jesus Christ.

Together, we will continue to fight for justice and accountability. We will have interesting things happen with FINRA and the SEC this year. Watch closely!!!

It has been an overwhelming endeavor - but we're not going away. When I believe I have no more fight - I will publicly say so. Others are fighting. Kudos to you!! This is not a one team job. Everyone wins when we all fight. Coordinate if you can. But don't count on someone else. Until then ignore the shills and haters. I don't get them. And frankly we've all been abused in this saga - so I forgive but hard to forget. We will provide updates as new developments arise that we can share.

w/ MUCH love and respect,

Shad (aka @retailrudy) and all those working on our behalf.