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.

NOTE: THIS ORIGINAL OLDER VERSION WAS MADE BY BONKORN: PLEASE SUPPORT HIM ON HIS DISCORD https://discord.gg/95AVMPN - I JUST EDITED IT AND ADDED SOME STUFF
CODE: HED2M
I'm a big fan of the Skin Contest mode but most of them are using quite boring theme's and feel just lame. Added a special theme list at the end, it has some weird one's but its better than 'RED' or 'MOIRA' everytime. This version is the most advanced because the judge has many different options. If you have a good judge it's really fun because you can have a whole contest where not only the skin matters. In my version voice line, spray and emotes also can help you win the game. Each round can give points.

1. Skin: pick a skin that fits the theme
2. Voice Line Contest: when it's your turn use one line that fits the theme
3. Spray: pick one spray that fits the theme
4. Emote: show off your emotes
5. Conversation: last 2 players make a conversation by using voice lines to eachother

Every round you can score points (judge crouch near). I usually give 3 points for a perfect fit, 2 points for a good one and 1 point if it's okay. Judge can deceide. If you don't receive enough points you'll be dead. This points show up in the HUD but are kinda imaginary and just helpful for determing a winner, so you don't have to use it at all.
(JUDGE CONTROL PANEL) OPTIONS:

• Freeze all players
• Resurrecting
• Toggle Dva Mech
• Kill Random
• Spawn Team Rings
• Activate voice line contest
• Sort Players
• Point system
• Explaining HUD
• Teleporting

CONTROLS: Put the judge in SLOT 11

• To use the control panel, go near one of the circle icons and shoot it. (freeze, res, random kill, toggle dva, team rings)
• To activate the voice line contest, jump at the assigned area. One by one the contestants will spawn on the ring on front of you and when they do, they must say ONE line which fits the theme.
• To sort players, jump at the assigned area. Each contestant will spawn at a pillar so its useful if you freeze them first.
• To give someone 1 round point, use crouch near the contestant. This is helpful for determing which players can continue to the next round.
• The Judge can teleport a bit to move around faster: press INTERACT
• HUD: if you don't use the explaining HUD, you can turn it off in the settings.

SPECIAL THEME LIST EXAMPLES:
Amusement Park - Wizard - Factory/Industry - Village - Television Star - Time Traveler - Religious - Mountain people - Nuclear Energy - Colosseum - Garden - Fairy Tale - Sleepy - Traders - Illuminati - Afterlife - Traveler - Guillotine - Cursed - Secret Agent - Sacrifice - Prison - World War 2 - Helicopter - Necromancy - Bounty Hunter - Cult - Preacher - Haunted Building - Alchemist - Kobolds - Dungeon - Dinosaurs - Silence - Mushrooms - Celestial - Traps - Guard - Miner - Hallucination - Shooting Stars - Spiritual Temple - Stone Statue - Blood Sucker - Tomb of Death - Tavern - Doomsday - Dyed Hair - Abuse of Power - Stuck in Tower - Muscular - Confetti - Welcome Home - Picnic - Dream - Nightmare - Promised Land - Nostalgia - Treasure Chest - Invisible - Fresh - Vitamin - Wild West - Communism - Potions - Fortune Teller - 420 Chill - Bear - Drunk Robot - Easter - Druid - Election - Mutant - Sushi - Relaxing - Crossing a dangerous road - Gem Stones - Portal - Aliens - Shadows - Fabulous - Crystal - Magical - Insect - Zombie - Tiki - Mayan - Fancy - Mummy - Sand/Desert - Dragon - Extinct - Spider - Godslayer - Love - Ancient - Troll - Medieval - Cave - Jewel - Rebel - Shield - Amulet - Hacker - Spikes - Olympus - Spear - Leather - Claws - Slime/Slimy - Monster Hunt - Fruit - Teacher - Rainy Day - Music - Twitch Streamer - 10 IQ - Thief - Escaped from the Zoo - Garbage - Medieval - Isolated - Book writer - Harry Potter - Pokemon - Yugioh - Test Subject - Earth/Fire/WateAir - Avatar - Magical Boots - Maiden - Rotting Corpse - Clouds - Pirate Ship - Hunting - Baron - Parallel Universe - Wormhole - Radioactive - Crashed spaceship - Cloning - Agriculture - Pandemic - Birds - Howling - Mystery Machine - Story Teller - Meteorites - Dreamcatcher - Defiant - Shaman - Witchdoctor - Rituals - Galactic Invader - Infernal/Volcanic - Jungle King - Battle Bard - Toxic - Stalker - Peace Keeper - Blood moon - Death Machine - Chocolate - Spa - New World Order - Before the Fall - Myth - Identity Crisis - Art - From the Underground - Miracle - Market - Chaos - Confusing - Online - Saviour of the World - Umbrella - Kitchen - Quest - Rainbow - Puzzle - Prophet - Castle - Legend - Citizen - Elite - Pharaoh - Ancestor - Knight - Emperor - Spirit - Monarch - Survivor - Fist Fight - Secret - Werewolf - Shopping - Gambler - Creator - Leader - Solar - Disabled - Error - Your Mum - Old Fashion - Iron/Gold/SilveMetal/CoppeWood - Esports - Mechanic - Engineer - Classic - Anime - Ninja - Dangerous - Firework - Life Saver - Flower - Galaxy - Government - Camouflage - Protector - Immortal - Poop - Ugly/Fat/Sad - Money - Casino - Restaurant - Farm - Drug Addict - Wedding - Apocalypse - Angel/Demon - Hell/Heaven - Biggest Weapon - Strongest Fists - Longest Legs - Biggest Head - Smallest Hands - Biggest Belly - Most beautiful eyes - Strongest Armor - Serial Killer - Futuristic - Who is a millionaire - Who is Edible - Who stinks the most - Best Mate in Zombie outbreak - Who wins with Mario Kart - Who can't swim - Karen - Obama - Trump - Who would die first in a war - Most beautiful Dress/Pants/Hat - AntiVaccine - Glowing - Date with (hero) - Interview with (hero) - Graveyard - Your loud neighbour
TEAM THEMES (Spawn the Team rings and find a partner):
Man+Wife - Fitness Couple - Father+Son - Mother+Daughter - Animal+Owner - Death+Life - Poor+Rich - Light+Night - City+Jungle - Ugly+Beauty - Indoor+Outdoor - Western+Eastern - Clean+Dirty - Killer+Victim - Professor+Expirement - King+Queen - Worst Enemies - Colour+Colour - Identical Twins - Friendzone - Dream+Nightmare
​
I hope you will enjoy a upgraded and extensive skin competition mode!
​
CODE: HED2M

Hello Reddit! We are Jason Les and Dong Kim, part of a 4-person team of top professional poker players battling Libratus, an AI developed by PhD student Noam Brown and Professor Tuomas Sandholm at Carnegie Mellon University. We are among the best in the world at the form of poker we're playing the bot in: Head's Up No-Limit Texas Hold'em. Together, we will play 120,000 hands of poker against the bot at the Rivers Casino, and it is all being streamed live on Twitch.
Noam and Dr. Sandholm are happy to answer some questions too, but they can't reveal all the details of the bot until after the competition is over.
You can find out more about the competition and our backgrounds here: https://www.riverscasino.com/pittsburgh/BrainsVsAI/
Or you can check out this intro video: https://www.youtube.com/watch?v=JtyA2aUj4WI
Here's a recent news article about the competition: http://gizmodo.com/why-it-matters-that-human-poker-pros-are-getting-trounc-1791565551
Links to the Twitch streams:
Jason Les: https://www.twitch.tv/libratus_vs_jasonles
Dong Kim: https://www.twitch.tv/libratus_vs_dongkim
Jimmy Chou: https://www.twitch.tv/libratus_vs_jimmychou
Daniel McAulay: https://www.twitch.tv/libratus_vs_danielmcaulay
Proof: http://www.cs.cmu.edu/~noamb/brains_vs_ai.jpeg https://twitter.com/heyitscheet/status/825021107895992322 https://twitter.com/dongerkim/status/825021768645672961
EDIT: Alright guys, we're done for the night. Thanks for all the questions! We'll be playing for three more days though, so check out the Twitch tomorrow!
EDIT: We're back for a bit tonight to answer more questions!
EDIT: Calling it a night. Thanks for the questions everyone!

Name:	Team:	Age:	Gender:	Species:	Aura:
Daltokki Byeon	----	18	Female	Faunus (lop rabbit)	Silver-White

Attributes

Mental	#	Physical	#	Social	#
Intelligence	2	Strength	1	Presence	4
Wits	3	Dexterity	3	Manipulation	4
Resolve	2	Stamina	2	Composure	2

Skills

Mental	-3	Physical	-1	Social	-1
Academics	0	Athletics	3	Empathy	1
Computer	0	Brawl	0	Expression	4
Craft	1	Drive	0	Intimidation	0
Grimm	0	Melee Weapons	2	Persuasion	1
Science	0	Larceny	3	Socialize	2
Medicine	0	Ranged Weapons	0	Streetwise	0
Politics	0	Stealth	0	Subterfuge	3
Dust	3			Investigation	0
Survival	0

Other

Merits	#	Flaws	#	Aura/Weapons	#
Faunus Senses (Hearing)	1	Frail Frame	4	Aura	3
Dust Infused Weapon (Smoke)	1	Overconfident	1	Semblance	3
Enhanced Aura Pool	2	Sensitive Hearing	1	Weapon (Mad Hat)	1
Focus	1	Compulsion (Cosmetics)	1	Weapon (Waxing Wand)	1
Fighting Finesse	3	Aura Powered	2
Caster	0
Dust Infused Weapon (Focus) (Gravity)	1

Advantages

Health	Aura Pool	Armor	Passive Defense	Speed	Initiative	Perception
7	13	3 / 2	3	8	5	5 (+1 Auditory)

Attacks

Name	Value	Notes
Brawl	0
Ranged	3
Thrown	7
Melee	6	Fighting Finesse
Aura Strike	7	2 AP
All Out Aura Strike	9	No Defense 2 AP

Semblance

Perilune Panache
Perilune panache is a semblance which allows Daltokki to control, manipulate, and invert the gravitational pull of her body. This ability focuses on manipulation of body and status above all, used to produce a set of abilities with a dramatic flair which marry her mastery of illusions and slight of hand with the accoutrement of the moon and lunar references in her aesthetic.

Name	Cost	Description	Effect	Action	Attack
Over the Moon	2 AP +1 per turn	Tokki uses her mastery of her own gravity to make herself weightless and unrestricted, allowing her greater feats of agility and the ability to float in the air for a short period of time.	Tokki manipulates gravity's effect on her body, reducing her weight to near zero. This ability allows Toki to add [semblance] to her speed when moving on land and grants her the ability to float [semblance /2] yards off the ground becoming immune to terrain effects, when floating, she may move at [1/2 Semblance] omini-directionally. Lifting off the ground is a minor action, but actually moving in air still counts as a move action. She may spend 1 point after the initial cast to extend this ability another turn as a minor action.	Move	N/A
Mascon Manifestation	5 AP	Tokki becomes unnaturally heavy as she increases the force with which gravity weighs down upon her and her immediate area. A performer stands their ground in the face of a tough crowd.	Tokki uses her gravity manipulation to make herself and her immediate position (within melee range) heavier, making her sturdy in her stance and incredibly difficult to move via outside force. She adds [Semblance] to her resistance against abilities/attacks which would displace her and forces anyone in an adjacent square to make a [stamina] check versus her [semblance] or be knocked prone from the crushing weight.	Full Round	N/A
Orbital Eccentricity	4 AP	The Magician always has a trick up her sleeve. Tokki uses orbital gravity and gravity to manipulate objects on her person for easy access.	Tokki creates an orbital field of gravity around her, which she uses to prime extra crescent cards for use in battle. [1/2 semblance] throwing cards are drawn from her possession when this ability is cast and begin orbiting her body in slow moving circles. Each card can be used to either make an extra attack on following turns using the attack calculation [Semblance + Presence] or provide teammates with the gravity dust speed boost effect (major action at range, or they may retrieve the card themselves as a minor action if standing in an adjacent square). This orbital field lasts [1/2 semblance turns], and any unused cards immediately become inert and fall to the ground at the end of these rounds.	major	NA
Celestial Strength	3 AP + 2 per turn	Tokki disperses gravity around her hands, allowing her to pick up objects which would far exceed her normal strength capabilities. Reality is illusion plus belief, focus and you can trick the mind into shaping it.	Tokki manipulates the gravitational effects around her hands and arms, allowing her to add [semblance] to any check made to lift, carry, or move objects. This would not enhance any attacks with weapons. Tokki may spend additional 2 AP to maintain her newfound strength over multiple rounds.	Minor	N/A

Physical Description

Daltokki is a far shake from your typical looking huntress. Petite, sickly, stunted, and soft skinned, her physical appearance is the polar opposite of one's idea of the 'hardened beast slayer'. She stands at a staggering 5'2" and weighs in at a whopping 103 lbs. With big, vibrant onyx eyes, raven black hair, pale skin, and pudgy cheeks and a rounded chin, well styled wispy brows, plump coral lips, a flat nose, and a vibrant smile, her features present an almost doll like appearance. Her hair is neatly styled, gentle curls which fall just below the shoulders in contrast to the meticulously trimmed straight bangs that fall over her forehead, ending just above the eyes, partly obscuring her expressive brows. Perhaps her most standout feature is the set of massive rabbit's ears coated in soft white fur which sprout out from the crown of her head, swooping up an inch or two before flopping over themselves, drooping down either side of her head, These prominent ears often twitch and flick around, occasionally even rising up to catch a better listen to something interesting, a rare few occasions they have stood sternly rigid. Generally speaking she has pretty good control over these unwieldy appendages if she focuses on their positioning.
Her face is always covered with a carefully applied coat of make up, doing everything she can to enhance and accentuate her features. Sometimes this make up is more of a subtle look, trying to present 'natural' perfection, while other times it is blatantly extravagant and glamorous, meant to draw attention. It depends merely on circumstance. Her most consistent accessory is a pair of large, black, circle lens glasses which rest gently on her nose. She is nearsighted, though not severely so.
Tokki's outfit is expectantly extravagant, an entertainer's costume, something which screams 'magician' above all else. Her outfit from the top down: Her signature weaponized hat, reinforced black silk with a purple band and silver buckle decoration depicting her emblem, a crescent moon with a rabbit resting in it's crest; her prominent circle lens spectacles with thin rims and little silver stars on either side where the arms meet the hinges; A fluffy white cravat with a brooch depicting more clearly her emblem, the crescent moon and rabbit in silver with a deep purple background; a black tailcoat with a single button fastened over top a black vest and white dress shirt with stylish cuffs and crescent moon cufflinks; a pair of sleek white gloves clearly custom tailored to her hands, glyphs stitched in dark purple on the back of either glove demonstrate the infusion of gravity dust into the very material of her outfit most prominently; White equestrian pants with a firm crease down the thigh, fitting, fashionable, functional; and finally, a pair of black boots with a slight heel and fold over cuffed ankle, her pants tightly tucked into the boot to keep mud and dirt from slipping inside. Her entire outfit is equipped with all sorts of secret pockets, little compartments, folds and fastens which are mostly unseen to the casual observer unless ones goes looking for them or knows what to watch for. These are mostly stocked with magician paraphernalia, mundane items that present no real utility. Some are reserved for storing packs of her custom crafted cards used in combat.

Weapon Description

Waxing Wand is Daltokki's focus for her semblance. It appears as a very simplistic, typical magician's wand, a long black rod with a white tip. A small nearly unseen button rests at the end of the wand at the black end. Pressing this button causes a small, fine needle blade, roughly twenty inches long, to erupt from the white tip side, creating a sturdy, though slender rapier like needle with which to fight. The wand is also infused with gravity dust, allowing it to inflict or enhance speed penalties on enemies using her aura shot. This was given to her not long before she ever came to Beacon, a hidden blade, and a reminder of the man who inspired her. The blade lacks an edge, it is purely a piercing weapon. Holding the button down and putting pressure on the tip of the blade allows it to easily telescope back into the wooden wand, unto itself a magic trick, where one can pretend to pass a blade into their body unscathed. A model work of clever craftsmanship.
The Mad Hat is her huntress weapon. A complex tool cleverly disguised as a typical magician's hat, though one of unusual size. The hat is stark black with a bright royal band that threads through a well polished silver buckle of her emblem. The hat contains a cavalcade of different deadly utilities. It's primary use is as a holster for her Crescent Decks,sets of playing cards which through a rigorous treatment and crafting process have edges filed as sharp as razors, in conjunction with dedicated practice into the art of card throwing, this deck of cards becomes a set of lethal projectiles. The bottom of the inside of the hat has a thin slit from which cards are dispensed upon the press of a well concealed button within the hat's inner rim. Pressing it produces one card which she can be retrieved to be thrown. Holding the button activates an automatized motor, which begins firing the cards at rapid speed and great velocity (these count as a ranged weapon, not thrown). A larger slot can be found on the top of he crown's exterior, the exact size of a pack of cards, functionally a 'magazine' feed for the dispenser. She keeps several of these card packs on her at a given time. Next to this mechanism inside the hat is a small spigot and an additional flick switch, this is where the dust infusion of the weapon comes into play. The hat has built into it what is functionally a weapons grade fog machine which will spew smoke from the hat when activated, providing concealment in battle and mystique in her magic act.
The Mad Hat's melee form makes charming use of a classic magician's trick, the endless handkerchief. By tugging a loose hanging piece of fabric within the hat, Tokki can produce a 10 foot length of colorful reinforced fabric ribbons entwined around a long iron chain from within. The natural heft of the internal mechanisms of the hat make it quite the brutal bludgeon in this state. Solid slates of crescent shaped curved metal extend from four hidden slots around the hat's crown, giving it flanges, for devastating effects upon impact. The crown of the hat steeples and the mouth of the hat narrows with the tightening of the band wrapped around where the brim meets the crown, turning it into a warped maul like shape. The weapon is beyond unwieldy, but through natural dexterity and rigorous training, she wields it with grace and flair. The tug of a hidden latch on what was the brim of the hat returns it to it's original form, with the chain and ribbons winding back into the hat's internal storage at frightening speed, the hat quite literally 'popping' back into shape as though it had always been. A touch of gravity dust is the secret to the hat's lack of burden upon the wearer's head in it's 'sheathed' form as fashionable headwear, though at present it does not constitute enough of a presence within the material to serve as a weaponized effect.

Backstory

"If all the world's a stage then you've got to always be camera ready darling, the show doesn't end until the fat lady sings, and the show must go on...even if you break a leg. Play your cards right...and you might just make it before you break it."
In Vale's coastal city expanse, a young fanus woman of unsavory origins joins a travelling troupe of entertainers. She works as one of several performers in a wholly underwhelming variety act, her role, the burlesque dancer. When the curtains close and the lights dim, she finds the men who linger by the tents, those who called and cried the loudest in the crowd, and she brings them back to her trailer to make some...extra money on the side. It was from this salacious desperation that Tokki was born, a bright eyed baby born with astonishingly large ears and a brilliant smile, born into a circumstance so wholly far from typical, and yet, for her it was simply childhood.
She began her career as a performer as young as her first birthday, paraded out as the 'Big Eared Baby' and the 'World's Largest Ears', far from accurate, though they were certainly impressive in size. It was in this factor that one can so easily see the atmosphere surrounding the circumstances of her upbringing. An exploitative, disparate situation in which, due to their desperation for meddling wealth, and their faunus status precluding them from fair or humane treatment amongst a crowd so wholly unempathetic and uneducated as to be blind to the ideas of acceptance, that even a child became part prop in the travelling act, one's value to the group was measured first by what sort of money they could pull in for the troupe-master first, and any and all other qualities second. In spite of this grim stage, the world in which she grew up was far from as desolate as it seemed.
Through a consistent community, career fused with family, all entwined in a camaraderie of a group of those whose homes whisked away on open roads every few weeks, Tokki and her mother lived in an environment surrounded by sympathetic, caring, and generous individuals, albeit eccentric as they were. From a multitude of different backgrounds, regions, and families, the road show was packed to the brim with all sorts of colorful friends for Tokki to meet. In this sense she was almost lucky in a way, as one of the only children amongst the little troupe, she in some ways became the darling child of a dozen or more performers, all of whom despite their lacking means would step into take care of her and raise her right. Not all of course were so caring, there was always the troupe-master, and his little cabal of grimey show runners who were always like looming titans, ready to lay down their law if anyone fell out of line.
Them aside, her upbringing was vibrant, but rugged. She was expected to be helpful, but in this way, also given the opportunity to flourish into all sorts of unusual arts and activities most children are seldom privy to. for the first 5 years she was backstage help, she learned a bit of tool and craft from this. Next was gymnastics, an art she learned from an older Atlan woman with a face like chiseled ice but a heart as warm as a raging fire. She was taught some of the basics of the art, balance boards, hoola hooping, acrobatics, even a bit of work upon the trapeze. When that act ran dry, she was slated to dance, dance the art of ballet from a quirky faunus who had left his rural homestead to peruse a life his parents never would've approved of. For a 300 pound bull-man, he moved with grace. His partner, a slender, beautiful blonde human, was also a dancer, one who knew quite well tap dance and jazz styles.
These together became her first real solo show, she was given a little stage to perform outside the tents, to draw crowds and collect tips, enticing patrons to enter. It was here she found her love for the art of performance, and while the snide comments from the troupe masters always soured her finales as they insisted she wasn't worth the cost to feed, she still carried on nonetheless. Though this was not without effect, it was here her obsession with her performances being perfection began, because she was not the one who received the scolding, the threats of being fired, the abuse. That all fell solely on the shoulders of her mother, and Tokki could hardly stand to bear seeing her own 'shortcomings' fall to burden her sweet, loving mother. She idolized her mother: a caregiver, a mentor, a teacher (quite literally, her home school teacher). Tokki wanted nothing more than to make her proud, to make her happy, to delight, impress, and ultimately free her from this life...for as much as she reveled in the arts, her mother's resentment of their circumstance shone through those empty eyes and hollow smiles. In spite of this, her mother said nothing, asked little of her but to pursue her own dreams. That somehow hurt more than any demand of perfection.
The burden of expectation put a chip on her shoulder and forced her to mature quick. In some ways robbed of a childhood early, the demands of their bosses, the comments of the crowds, the constant flow in and out of talent as their act became less and less profitable, it disillusioned her early to the harsh realities of life. In her early adolescence this put a damper on her mood, she became temperamental, defeatist. It didn't help that tensions rose, paychecks dropped, meals became scarcer and scarcer, to the point of stunting her growth. Her mother's hair showed more and more grey, and their situation seemed ever more bleak. They resorted to tactics Tokki is still none too proud of, she was often the 'distraction', pulling an act of some kind that left the crowds distracted enough for one of their more lithe members to lift wallets and purses from the onlookers before they noticed. She still harbors guilt for those times, but it was that or starve, and at the time the choice was obvious. That all changed when he arrived.
At first he was looked at with skeptical eyes, confusion, hesitation, and similarly, he kept to himself, an unfamiliar isolated body within their little merry band of strugglers. It was actually her who opened him up to the group. He was a so called 'magician', but as he went through his extensive routine it was clear that he was far more than just some casino magic act. His name was Filigree, the gold to her silver.
On the contrary, he was quite extraordinary. In him, she found new inspiration to once again perfect her act, not because it was the only way to thrive, but also because she desired the artistic mastery he possessed. He could juggle knives and throw them with stunning accuracy, the crack of his whip could snuff candles undisturbed, extradimensional hands, where cards and bright red balls and entire juggling pins would disappear up sleeves, into hats, under chairs, he even pulled a set of handkerchiefs from his mouth once, a trick she could never figure out.
His work was amazing, and despite his incessant insistence he was just a normal guy, it took only a few months of her endless inquiry and demands to be taught his trade that he would reveal he was, in another life, a huntsmen. She had never met one before, not in any direct capacity anyway. She admired his history, but Mr. Filigree condemned her adoration of his past for reasons she could not understand. As he saw more and more how serious her passion for his routine truly ran, he reluctantly agreed to allow her to study as his mentor. Under his guidance she diligently studied all he had to show her, she picked up some through natural aptitude, but much more through practice and diligent study. With such a stunning mainline act and a promising pupil in the form of his rabbit eared new assistant, the travelling show began to see sterling success.
As their prosperity bloomed so too did the extravagance of their routine. They began to incorporate dust, and it soon became clear that this was where her natural talent truly shone. Her semblance began to take form, and with it, alongside the use of dust, she was able to pull off feats that surpassed even her mentor in many cases. But with such high highs, come the lowest of lows. An accident, one that would cost their troupe everything, in the end. On a trip between cities, the caravan carrying most of their equipment and staff was set upon by grimm in the wilds of the rarely used back road. With this, naturally, Filigree fell into his oldest routine, the act of huntsmen, moving to protect the caravan with a bright smile on his face. It was the first, and last time, she would see him smile as such during a performance. He fought to his last bitter breath, but the damage had already been done. Few had escaped the attack, and the damages too their equipment were deemed too extensive to be salvageable.
Now a young woman, Tokki would slump back into her old jaded ways, feeling hopeless, tired, and disgruntled with the world as she was once again robbed of her chance to make a life for herself she could truly be happy with, and more importantly, pay back her mother for all the sacrifices she had made in raising her. It wasn't until a package arrived to their new apartment in Vale proper, their new resting place, that she began to see hope again. It was part of his will. A box addressed to her, to be sent if he ever passed, as though he somehow knew of his fate before it caught up with him, one final trick. Inside contained three things, those which she would continue to cherish for years to come. The first was a note addressed to her, outlining his truest thoughts of her capabilities, that he believed she was destined for great things, things beyond some ratty, glorified circus, and that if she put her mind to it she could certainly one day surpass what he himself had accomplished, and perhaps, in her later years, make choices that would lead her down a better path than the one he walked. It ended with a phrase that would always linger in the back of her mind. "Play your cards right, and you might just make it before you break it." It was corny, but it always brought a smile to her face.
The second gift was a letter sealed with a fancy wax press and addressed to professor Ozpin of Beacon academy. As he had outlined in his note, it was a recommendation letter, one which, if he was to be believed, would ensure her an opportunity to apply to Beacon's preliminary application process in spite of her lack of 'official' prerequisite training, if she desired 'a stage fitting of her capabilities' as he had put it. Finally was a simple but meaningful gift. A sleek magician's wand, black and white, the sort of thing you'd see plucked straight out of a children's magic kit...well..until she found out it contained a secret blade any way. She had seem him use it extensively during the time she spent at his side as his assistant. It was hers now, to do what she wanted with. All that lingering baggage about rising to necessity, about perfection, mastery, it swirled in her heart. She could leave this all in the little wooden box to rot away and collect dust, or she could live up to meet the history of that wand, to continue the legacy of the man who wielded it, to take her life into her own hands, forge a new path on a grand stage, and at the end, give her poor mother the life she finally deserved. Within a week, she had begun her plans to start her first semester at the academy.

Personality

It is difficult to truly describe Tokki's personality. The most obvious descriptor would be...eccentric. She's a character, quite literally, at some point picking up this extravagant showman's facade and sticking with it. Speaking in a gaudy transatlantic accent, she a flair for dramatics and exudes an ever present sense that she takes every situation as carefree and simple stage play. One with a keen eye for others would see this front put up in equal parts as identity and habit from her days as an entertainer, but also likely a key defense mechanism in guarding herself from the outside world. Tokki grew up in an environment where complaints, moments of weakness, and breaking the ever chipper, composed, actor's visage came with harsh punishments and were quickly preyed upon by competitors and the audience alike. Jovial, exceptionally friendly, confident to the point of it being a flaw, and dramatic enough to grow on the nerves of those disinterested in theatrics, her atypical persona comes with both positives and negatives. Her life among a variety of people usually struggling at difficult points in their lives had made her quite open and understanding when it comes to others.
One of her other major defining features her perfectionism. She is fiercely particular about many things in her life, unwilling to settle for less than the best, with habits and routines that must be done just so before she can rest easy. She is a harsh critic of herself chiefly above all, though far more understanding of others. She is more than willing to give others the benefit of the doubt, skilled in quickly diverting her initial reactions to obscure any upset or dislike. If she has a problem with you but considers you a friend she's often skilled at subtly highlighting her issues without assigning guilt or shame. If her conflict becomes more pronounced, direct, then she's going to address it in a theatrical melodramatic diatribe, passive aggressively picking the person apart until they concede her her point or escalate the discussion, in which case she's always quite ready with a sharp tongue to list off every little issue she's been keeping quiet about in a fiercely eloquent elitist deconstruction. A rare few times she can be seen being brutally, scathingly honest, but this kind of reaction is saved only for those she considers bitter enemies, a rarity for the generally welcoming girl.
Beneath the mask, a good deal of paranoia, self doubt, and exhaustion become apparent. It's rare for others to see this side of Tokki, she is quite skilled at making herself seem like a close friend to others while subtly diverting divulging many details about herself and her true opinions. She harbors a hidden toxic mentality, an ever present fear that if she isn't somehow flawless, if she isn't 'good enough', that those around her will cut her out of their lives without a second thought, and she be left nothing but a failure. She pushes herself to the extreme, not just for the approval of others, but because of her intense desire to find something about herself to truly like. She isn't one to complain or ask for help, she fears showing that type of 'weakness' contribute to an impression of being burdensome or worthless. In summary, Tokki's personality is best described as a cracking wall with a fresh coat of paint consistently slathered over it to cover up the faults. She presents herself as perfect, happy, and likeable in an almost overbearing manner in an attempt to mask the deep seated issues she harbors about her own self worth and her compulsion for perfection at the cost of her own well-being. A 'fake it 'til you make it' mentality.

Notes

-Dalktokki's Aura shot: [Weapon/2] + [Semblance] + [Presence], [1] + [3] + [4] = 8 + Gravity Dust Effect