u/arcanestre

Hey i'm wondering how CSFloat get such high quality screenshot preview for every existing item in the game? I'm mean everysingle one of them even 1/1.

I see they log all of them into a subdomain or whatever called csfloat pics (by going right click open image link in a new tab).
But how do they run their magic? How is the lighting so good, how do they get the models and textures for each skins? Because clearly those previews are NOT from any ingame screenshots, they are ran on their own engine.

Does anybody have a clue? I'm trying to build one for fun and fuck I can't find any documentation about it. And it hurts...

Thanks for your answers!

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001706946/000119312526252565/d127675d8k.htm

TL;DR: Virgin Galactic is paying off ~$30M of debt with stock instead of cash. The stock tanked ~40% on the headline. The dilution is ~5%. The interest savings and cash runway it buys are real. Everyone panic-selling didn't do the math. NFA, I'm a regard.

Okay apes, gather round. The June 2 8-K dropped and the timeline melted down over "DEBT FOR EQUITY = ZERO = INFINITE DILUTION." Let me smooth-brain this for you with actual numbers.

What the filing says:

• SPCE owes mandatory principal redemptions on its 9.80% First Lien Notes: ~$20.4M due by Sept 30 2026, plus another ~$10.1M due by end of 2027.
• They issued a notice to knock out up to $30.5M of those notes on June 10, paid in shares, not cash.
• Share count is set by the 5-day VWAP, with a floor price — if the stock dips below the floor, they just don't redeem that chunk. So they're not handing out shares at fire-sale prices.
• If it goes through: zero principal due until March 31, 2028. Clean runway, no debt wall.

The dilution math everyone skipped:

• $30.5M ÷ ~$6/share ≈ ~5M new shares.
• Float is ~95M shares. That's ~5% dilution. Five. Not fifty.
• For that 5% they: kill ~$3M/yr in cash interest (9.8% on $30M) AND remove every principal payment for ~2 years.

Why this is actually a Chad CFO move: The stock ran +125% in 5 sessions on meme hype + the 5% strategic investor + SpaceX IPO fomo. Management looked at a pumped stock and went "cool, we'll retire debt at THESE prices." Higher price = fewer shares issued = less dilution. They diluted INTO your pump instead of into a $2.50 grave. That's the opposite of dumb.

Now the part the pumpers won't tell you (real talk): The dilution isn't the risk. The cash burn is. ~$251M cash, burning ~$90M/quarter FCF, guidance is another –$87M to –$92M next quarter. Commercial flights aren't until Q4 2026. This $30M they're saving in cash = roughly a third of a quarter of life. That's WHY they did it. It's a liquidity move by a company that needs every dollar.

So: dilution = nothingburger. Cash runway into commercial ops = the actual trade. If Delta test flights hit in Q3 and they fly commercial in Q4, narrative flips. If they slip, you're holding a cash incinerator.

Here is also my technical analysis on $SPCE:

https://preview.redd.it/9297vcyby85h1.png?width=1835&format=png&auto=webp&s=21bbb6c1b0f0cf8bb12a2e39263281636a35bad4

Not financial advice. I eat crayons.

PS: Yes, I used an LLM to make my points clear: after making my own analysis and taking notes, I gave those notes to claude in order for it to make everything clear and easy to read. I'm not a writer.
Also, yes I own the stock & no i'm not currently coping from any massive loss, first off because my entry is $4.37 average, but also because I gambled what I'm willing to lose. I don't care if I lose that money, I know I'm taking a risk.