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I keep my word to look for more revenue streams. As promised, we now announce the new AMC Entertainment VISA Card — filled with extra AMC Stubs rewards. Early signups enter a sweepstakes for a trip to join me at a red carpet movie premiere! Full details: AMCTheatres.com/Visa
JUST IN: FTX’s tokenized shares are now under scrutiny for stocks like $AMC & $GME.
The custodial firm had not held stock for FTX for a year, & reports are that short sellers could redeem AMC tokens for actual shares, rather than paying high borrowing fees, per The Chainsaw.
Back in June 2021 birth was given to 8 quadrillion ethereum wrapped #AMC tokens w/ 335 holders and movement across 17 different block chains
Here’s one familiar name among the token holders—Alameda Research through Binance
Folks, this is a dirty, dirty world.
Where’s the CEO?
If you have #FTX and do not live in the US or other regions that do not qualify you can request FTX Switzerland to give you your shares of AMC, GME, TSLA as part of the recent changes but you must email support. Read your white papers people.
Extremely important especially for those who incorrectly fear dilution. I own 793,974 AMC shares/APE units and 2,100,074 more already granted vesting 2023/24/25. My clear goal: Guide AMC smartly through these challenging times. How best to do that? Get a ton of cash in the bank!
Rumors still swirl about Cineworld/Regal. AMC is vastly different. AMC ended the most recent quarter with more than $1 billion of liquidity. Plus we believe AMC readily can raise equity. The best thing AMC can do for our shareholders is to continue to have ample cash.
Our best ever AMC Investor Connect member invitation: Friday August 26 7:00 pm at most U.S. AMC Theatres. Two absolutely free tickets to GODZILLA VS. KONG. Details come Tuesday how to book your tickets. Join Investor Connect free: amctheatres.com/stockholders
I want to take this critical moment to remind every $APE and $AMC shareholder out there to TURN OFF SHARE LENDING before the bell on Monday.
This is the way rehypothecation of shares and naked shorting is able to occur in the markets.
AMC remains one of the most in demand stock
Hyped up by some who may wish AMC harm, anxious messages come in fearing dilution or that I may “screw” AMC shareholders. I own 793,974 AMC shares, and should vest in 1 - 2 million more AMC shares (after taxes) by 2024. That’s a huge incentive to do what’s best for AMC & for you.
Some seem to enjoy reporting AMC is off its all-time closing price high, 6/2/21 $62.65. They fail to report close yesterday was 7 TIMES what it was when the pandemic closed theatres, 3/16/20 $3.19, or 11 TIMES when we were written off for dead, 1/5/21 $1.98 #TellTheWholeStory
Few things to do this week:
- Exercise all your $AMC options at the latest Friday am.
- #AMC shares only qualify for $APE
- The value of your options will be automatically adjusted. But what's the point of ITM calls if you can't get $APE.
- Get out of Robinhood ASAP
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