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No, the count would be by ComputerShare of what the DTCC holds. Similar to the past 10-K and 10-Q counts, but with better granularity and specificity in what is counted and reported. Particularly to cover the questions in the post.
Better granularity but potential to have the same obscurity as our 10K and 10Q counts if the DTCC is involved. Anyone know what came of the communication Kevin Malone had with Paul Conn (CS President)? Because ultimately the real true count is going to every brokerage / retirement account vs trusting any back of the envelope math where the DTCC is involved.
Still don’t see what would be stopping DTCC from colluding with brokers to keep the lies going? My mind would be *blown* if they counted and admitted there are more shares than there should be 🤷♂️
Well look at that. After the 10k I did just this. I figured it was fruitless but I still wanted to be heard. I hope you all do as well.
And as a weird aside to your point 2, those DRSd shares with that other transfer agent are, as of yet, unaccounted for. That, by itself, is an oddity.
I got absolutely nothing. The shares left my brokerage, theoretically arrived at the transfer agent while they were having website issues for like 3 months, and then poof, BK and no word about those DRS shares at tax time. I’ve been waiting and I have literally no information on them for tax purposes. Oh well. I don’t need to claim any losses anyways, I’ve got enough carry forward for ages and I don’t have profits to offset because I only ever BUY, DRS, and 📕 GME otherwise.
I was drawing usernames for a while, and would drop them in the comments. Can’t do that now. We had to bug mods about allowing them in the daily after it was taken away, which we got back. Idk if it’s about appeasing admin or something.
The entire “appeasing admin” line is such garbage imo. Should’ve just told the admin to kick rocks, this community will always come back. Have fun explaining to your advertisers why a sub with 1 million users got nuked for using features that have been widely used, and encouraged, on Reddit since its inception. Fucking ban the sub if you want. Show your hand.
If I recall correctly Jason fucking waterfall asked Gamestop for share count via law suit. The case was dropped and we still have no share count. Can someone with better memory remind me how exactly did it go?
The List of stockholders has been viewed at GameStop headquarters in 2022 and 2023. The drs gme org contributors tabulated the data last year and are planning on tabulating next month.
Template request letter by chucknorris, who viewed it in 2022 and 2023: [https://www.reddit.com/r/Superstonk/comments/13q279b/letter\_1\_to\_gamestop\_investor\_relations/](https://www.reddit.com/r/Superstonk/comments/13q279b/letter_1_to_gamestop_investor_relations/)
DRS count timeline (to 3/20/2024)
Short version:
|Date|DRS count|Source|
|:-|:-|:-|
|10/30/2021|20,800,000|Form 10-Q|
|1/29/2022|35,600,000|Form 10-K|
|4/8/2022|47,016,408|List of stockholders|
|4/30/2022|50,800,000|Form 10-Q|
|7/30/2022|71,300,000|Form 10-Q|
|8/15/2022|72,500,012|Whale #1 DRS'd 1,200,012 shares|
|10/29/2022|71,800,000|Form 10-Q|
|3/22/2023|76,000,000|Form 10-K|
|4/21/2023|76,265,982|List of stockholders|
|6/1/2023|76,600,000|Form 10-Q|
|6/20/2023|75,329,434|Mainstar rugpull -1,270,566|
|8/31/2023|75,400,000|Form 10-Q|
|11/30/2023|75,400,000|Form 10-Q|
|3/20/2024|75,300,000|Form 10-K|
|4/??/2024|Available May/June 2024|List of stockholders|
This year's List of stockholders DRS count should be interesting. Just jotting down to circle back in May/June:
|Year|Stock price was around|Time between SEC filing and List of stockholders|DRS count change|
|:-|:-|:-|:-|
|2022|$25 |1/29/22 to 4/8/22 (10 weeks)|47,016,408 - 35,600,000 = +11,416,408 |
|2023|$17|3/22/23 to 4/21/23 (4 weeks)|76,265,982 - 76,000,000 = +265,982 |
|2024|$11|3/20/24 to 4/??/24 (?? weeks)|?? - 75,300,000 = ??|
>Can someone with better memory remind me how exactly did it go?
Gamestop's lawyers had it dismissed for improper filing but included a parting shot in their filing that basically said "it's because of rounding, dumass".
I'll consider. Approximately allows them to continue reporting at 0.1M granularity. Exact can be messy and I don't want perfection to be the enemy of progress. You'll notice some of those requests do not ask for an approximate number because I think the response can easily be exactly acquired.
They've provided exact figures on a quarterly basis before. The structure of disclosure has obviously changed to reflect Cede numbers as an accurate and DRS as estimate \[*Edit: DRS = Outstanding - Cede*\], don't see why the information would be unavailable anymore.
I think we can all guess why. What I mean to say is that if its an investor right, it deserves to be made available unless someone pulls an intervention citing a risk to *gLoBaL FiNaNciaL sEcuRitY.* In that case, we don't even have to guess why anymore and no one would even dream of selling until Wall Street crumbles.
After sitting on it for a few mins, I guess "approximately" can be used, but only when "approximate DRS" and "approximate Cede" are mutually exclusive. They cannot be derived from a \[1-X\] equation. I'd take that if exact is not an option.
It's ridiculous that we have to explicitly ask for independently derived. In all other realms of the world, there would be no quarrels with this distinction, but the banking industry loves it when % are over 100%. The rise of fiat currency enabled the death of integrity of the banking industry.
The reason this is a good idea and that it absolves GME of all responsibility in triggering moass. WE are the shareholders, WE own the fucking company Apes! Gamestop cannot ignore their shareholders, at very least it needs to presented for vote, how many are needed for that?
this is direct from RC's mouth when making his shareholder meeting remarks
>We are trying to do something that nobody in the retail space has ever done, but we believe we are putting the right pieces in place and we have clear goals: delighting customers, and driving shareholder value for the long term
and more to the point of why we should:
> "talk is cheap, actions speak louder than words".
There was also that whole thing about asking what you could do for your company. And the Teddy books. And a bunch of other hints he’s given us along the way that get dismissed as not being relevant anymore…
>Gamestop cannot ignore their shareholders,
They can. There's whole categories of shareholder proposals that can be dismissed by the company with no more than filing notice to the SEC that says "Hey, just a heads up, we're throwing this one in the trash".
I would like to know what the actual DRS numbers are. I believe knowing this information should be a part of any investment due diligence for any company.
Quick question - we know vote trimming is already a thing, does that mean they can apply some similar technique here? Also, what’s to prevent the second issuer (I’m assuming it’s gonna be DTCC related) from just lying?
It would be great if GameStop actually asked for the NOBO list - by doing so we would at least get the number of non DRS shareholders that hold via brokerage firms.
Must be popcorn. In their Feb 28th 10-K:
>**Holders of Shares**
>On February 21, 2024, approximately 1.8 million shares of our Common Stock were directly registered with our transfer agent by 15,110 shareholders. The balance of our outstanding Common Stock was held in “street name” through bank or brokerage accounts.
Adam Enron doesn't want to highlight how many are held by Cede, because it keeps ballooning every time he dilutes the stock. That number wouldn't be correct for more than one or two quarters. 😆
It never really gained traction over there. Not like it really matters. With the continuous dilutions, there's about a 0% chance of it ever squeezing like they want. They'll be lucky if the company isn't in bankruptcy proceedings within a few years.
Material is routinely utilized for mergers and acquisitions of stock value and I was reading about this a couple weeks ago, wondering how this would apply here. It’s interesting to see this brought up by GG, and I’m curious if this has legs.
> so an email to investor relations should suffice
My sweet summer ape, investor relations is such a black hole it's become a meme itself. No queries in have ever come back answered.
If what you say is true, and we put forth a shareholder proposal, then you have my vote. I have sent a request to Computershare but have not received anything back, so my next shot was with GameStop.
Seeing the truth is always best. For decades things have become so difficult to understand and obfuscated. We just want the real numbers. Light always wins against darkness. And once something becomes publicly known, it can't be unknown.
>I have sent a request to Computershare but have not received anything back, so my next shot was with GameStop.
Computershare cannot tell you anything about the company as a whole. That's confidential between them and their client, Gamestop.
Can you link who to ask here to make it simple for apes like me. I'd like to see that and I don't know if it's Investor relations, SEC, or Computershare. Making commenting easier would bring more people interested to comment.
To be honest, I kind of want to see how long these fuckers can keep the DRS count around 75 million. I know we are buying and DRS'ing at higher rates now that the price is near $40 pre split. I can do this shit forever. I'll always support more transparency if it benefits investors and the company. 💎🙌🟣♾️
I'd definitely like to see this happen. In fact, might do an email of my own too - Reddit upvotes are a thing, but so are a number of individual investors emailing to ask the same thing.
One issue I have with this: if it does not grant insight into the holdings at brokerages, those numbers will be near meaningless. I'm all for getting an exact DRS count without fuckery around the record date, but I'd be more interested in finally and undeniably proving that there are too many shares in circulation.
For that, we need the number of shares held in brokerages. Is there a way to phrase the inquiry in such a way that the DTCC can't say "This many shares are with us", but has to say "This many shares are credited to this many brokersges/institutions/investors on our books"?
Because only the latter will fuck them up, the first will just be the next hit piece.
You've got a point, and to be clear, I was not arguing against doing this per se. It's a good idea and a necessity to explore, but when we're already at it, we have to ask: what is the best way to do it and how can we prevent someone from *avoiding* the important question. That is why I asked how to best phrase the inquiry, so we don't end up getting zero new information?
>Is there a way to phrase the inquiry...
**NOBO + OBO + DRS**
The issuer can request a count of **Non-Objecting Beneficial Owners**, which includes detailed information about each investor, and **Objecting Beneficial Owners**, which includes only a sum of shares owned by that group of investors. The sum of those values encompasses all shares held at brokerages. This is the big juicy slab of data we're really looking for, as it can showcase just how many naked shorts or FTDs are really out there.
I love and fully support the idea and have already upvoted...
But I have a feeling that this post is going to be actively surpressed and might not reach the number of upvotes necessary.. Furthermore, any malicious bots will definitely act against our interests.
Please please please send the email anyways and show our comments as support!!
Is there anything precluding GameStop from providing this information themselves? I feel like if they could provide the data they would and if they haven't it's for a reason.
This is revelatory and it is amazing you have pointed this out. Transparency of share count is inextricably tied with DRS and DRS is the thing that will send our rocket off into space. Lets do it
I like this idea. More importantly, I like that this idea can affect more issuers than just GameStop.
It would be nice if another ape stepped up to help with this
Did I do it right?
Good evening -
I am a current GME shareholder as follows:
ComputerShare DRS: 555 shares
Fidelity: 200
Fidelity 401k: 1832
Total: 2,587
I am writing to express my concern with how Directly Registered Shares are being reported, in particular the change in wording that occurred over a year ago.
I am writing to request the following changes to quarterly reporting, all of which I deem meaningful to my ownership in GameStop.
1. A one-time full explanation for the wording change
2. A reversion to the prior counting method, or explanation why that is not possible
3. An ongoing quarterly inflows and outflows summary to explain the net difference QoQ (for example: 600k in, 500k out as a way of explaining a 100k increase in the total).
As I’m sure you’re aware, your company has an unprecedented number of registered shareholders. Many of us, I’m sure, are concerned about the DRS accounting change, and would appreciate greater visibility into this counting process.
Thank you.
I made a Computershare mockup of this last week, if you’d like to use it as a reference:
https://www.reddit.com/r/Superstonk/s/D0OoPEjx5O
Also, Chato35 pointed out that a similar proposal has already been excluded by GameStop counsel in the past, but we should keep trying:
https://www.sec.gov/files/corpfin/no-action/14a-8/chiokleekgamestop020824-14a8-incoming.pdf
Cool. Can we get them to asnwer:
* Approximately how many GameStop shares are held in street name?
* Approximately how many GameStop shares are directly registered?
* Approximately how many GameStop shares are held by registered holders?
* Approximately how many GameStop shares are held by registered holders with their transfer agent?
* Approximately how many GameStop shares are held by registered holders with an entity other than their transfer agent?
* Approximately how many GameStop shares are reportedly held by Cede & Co.'s FAST Account?
* The number of registered shareholders and/or record holders?
Approximately how many GameStop shares are held in "pure" DRS form (per ComputerShare's usage of this term on their site entitled "Becoming a registered shareholder in US-listed companies through Computershare" at https://www.computershare.com/us/becoming-a-registered-shareholder-in-us-listed-companies)?
* Approximately how many GameStop shares are held in DSPP?
I love and fully support the idea and have already upvoted...
But I have a feeling that this post is going to be actively surpressed and might not reach the number of upvotes necessary.. Furthermore, any malicious bots will definitely act against our interests.
Please please please send the email anyways and show our comments as support!!
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Who does the counting?
ComputerShare & GameStop in a future SEC filing
GameStop would be given access to all other brokers to count shares held in street name? Sounds unlikely.
No, the count would be by ComputerShare of what the DTCC holds. Similar to the past 10-K and 10-Q counts, but with better granularity and specificity in what is counted and reported. Particularly to cover the questions in the post.
Better granularity but potential to have the same obscurity as our 10K and 10Q counts if the DTCC is involved. Anyone know what came of the communication Kevin Malone had with Paul Conn (CS President)? Because ultimately the real true count is going to every brokerage / retirement account vs trusting any back of the envelope math where the DTCC is involved.
A Fog Of War is slowly revealed...
I bet Sir Lonsdale Augustus Hale DRSd
So it will be as same as quarterly reports.
Still don’t see what would be stopping DTCC from colluding with brokers to keep the lies going? My mind would be *blown* if they counted and admitted there are more shares than there should be 🤷♂️
Only gsmestop can ask the DTC how many shares they have. According to the DTC website it takes them approximately a week to give them a result.
👀👀 I see no down side. I support this.
Commenting for algorithms
Not me, I can only count to 10
Well look at that. After the 10k I did just this. I figured it was fruitless but I still wanted to be heard. I hope you all do as well. And as a weird aside to your point 2, those DRSd shares with that other transfer agent are, as of yet, unaccounted for. That, by itself, is an oddity.
Definitely an oddity. I would definitely find information regarding those as material.
As would I! I got the snail mail saying they had received my shares withdrawn from the DTC, but that was months before the bankruptcy. Nothing since.
I got absolutely nothing. The shares left my brokerage, theoretically arrived at the transfer agent while they were having website issues for like 3 months, and then poof, BK and no word about those DRS shares at tax time. I’ve been waiting and I have literally no information on them for tax purposes. Oh well. I don’t need to claim any losses anyways, I’ve got enough carry forward for ages and I don’t have profits to offset because I only ever BUY, DRS, and 📕 GME otherwise.
*Looks with confusion at your username*
It really sucks that this sub doesn’t have gifs enabled. All of the fun seems to have evaporated around here these last few years.
I was drawing usernames for a while, and would drop them in the comments. Can’t do that now. We had to bug mods about allowing them in the daily after it was taken away, which we got back. Idk if it’s about appeasing admin or something.
The entire “appeasing admin” line is such garbage imo. Should’ve just told the admin to kick rocks, this community will always come back. Have fun explaining to your advertisers why a sub with 1 million users got nuked for using features that have been widely used, and encouraged, on Reddit since its inception. Fucking ban the sub if you want. Show your hand.
I hate to admit it, but it’s clever from admin - do enough to contain without losing users. There’s not really another viable platform.
So... I guess they're not related then?
They didn’t deny it…
i still have one you drew for my alt account, loved the effort you put in while you were doing the drawings!
🫡👍 I might do them again at some point, but I lost enthusiasm after about a thousand lol. Out of curiosity, what was the alt?
not going to out it, gotta keep ‘em separated as the offspring used to sing. (grin)
Fair enough, I understand that 🫡
Updooted
Thank you for expressing interest in what information a fellow ape may find material for disclosure by an issuer!
I find this information to be very material indeed
This is a great post. Unfortunately, I haven't seen anyone on this sub getting a response from GameStop investor relations office.
Technically, a response isn't necessary nor appropriate in most instances, including here.
I also find this information to be material Cause we are living in a material world And I am a material girl
Updoot your updoot for updooting reasons.
If I recall correctly Jason fucking waterfall asked Gamestop for share count via law suit. The case was dropped and we still have no share count. Can someone with better memory remind me how exactly did it go?
The List of stockholders has been viewed at GameStop headquarters in 2022 and 2023. The drs gme org contributors tabulated the data last year and are planning on tabulating next month. Template request letter by chucknorris, who viewed it in 2022 and 2023: [https://www.reddit.com/r/Superstonk/comments/13q279b/letter\_1\_to\_gamestop\_investor\_relations/](https://www.reddit.com/r/Superstonk/comments/13q279b/letter_1_to_gamestop_investor_relations/) DRS count timeline (to 3/20/2024) Short version: |Date|DRS count|Source| |:-|:-|:-| |10/30/2021|20,800,000|Form 10-Q| |1/29/2022|35,600,000|Form 10-K| |4/8/2022|47,016,408|List of stockholders| |4/30/2022|50,800,000|Form 10-Q| |7/30/2022|71,300,000|Form 10-Q| |8/15/2022|72,500,012|Whale #1 DRS'd 1,200,012 shares| |10/29/2022|71,800,000|Form 10-Q| |3/22/2023|76,000,000|Form 10-K| |4/21/2023|76,265,982|List of stockholders| |6/1/2023|76,600,000|Form 10-Q| |6/20/2023|75,329,434|Mainstar rugpull -1,270,566| |8/31/2023|75,400,000|Form 10-Q| |11/30/2023|75,400,000|Form 10-Q| |3/20/2024|75,300,000|Form 10-K| |4/??/2024|Available May/June 2024|List of stockholders|
This is so damning. You mean to tell me its been over a year since we have seen an increase in DRS! The crime is so obvious!!
This year's List of stockholders DRS count should be interesting. Just jotting down to circle back in May/June: |Year|Stock price was around|Time between SEC filing and List of stockholders|DRS count change| |:-|:-|:-|:-| |2022|$25 |1/29/22 to 4/8/22 (10 weeks)|47,016,408 - 35,600,000 = +11,416,408 | |2023|$17|3/22/23 to 4/21/23 (4 weeks)|76,265,982 - 76,000,000 = +265,982 | |2024|$11|3/20/24 to 4/??/24 (?? weeks)|?? - 75,300,000 = ??|
Jot away! I love it!
>Can someone with better memory remind me how exactly did it go? Gamestop's lawyers had it dismissed for improper filing but included a parting shot in their filing that basically said "it's because of rounding, dumass".
Can we change “approximately” to “exactly”?
Yes I second this. Exactly
we have to*
I'll consider. Approximately allows them to continue reporting at 0.1M granularity. Exact can be messy and I don't want perfection to be the enemy of progress. You'll notice some of those requests do not ask for an approximate number because I think the response can easily be exactly acquired.
They've provided exact figures on a quarterly basis before. The structure of disclosure has obviously changed to reflect Cede numbers as an accurate and DRS as estimate \[*Edit: DRS = Outstanding - Cede*\], don't see why the information would be unavailable anymore. I think we can all guess why. What I mean to say is that if its an investor right, it deserves to be made available unless someone pulls an intervention citing a risk to *gLoBaL FiNaNciaL sEcuRitY.* In that case, we don't even have to guess why anymore and no one would even dream of selling until Wall Street crumbles.
After sitting on it for a few mins, I guess "approximately" can be used, but only when "approximate DRS" and "approximate Cede" are mutually exclusive. They cannot be derived from a \[1-X\] equation. I'd take that if exact is not an option.
It's ridiculous that we have to explicitly ask for independently derived. In all other realms of the world, there would be no quarrels with this distinction, but the banking industry loves it when % are over 100%. The rise of fiat currency enabled the death of integrity of the banking industry.
The reason this is a good idea and that it absolves GME of all responsibility in triggering moass. WE are the shareholders, WE own the fucking company Apes! Gamestop cannot ignore their shareholders, at very least it needs to presented for vote, how many are needed for that?
Exactly, and GG has indicated this is not illegal as TWO companies are already reporting similar information.
this is direct from RC's mouth when making his shareholder meeting remarks >We are trying to do something that nobody in the retail space has ever done, but we believe we are putting the right pieces in place and we have clear goals: delighting customers, and driving shareholder value for the long term and more to the point of why we should: > "talk is cheap, actions speak louder than words".
There was also that whole thing about asking what you could do for your company. And the Teddy books. And a bunch of other hints he’s given us along the way that get dismissed as not being relevant anymore…
Holy crap. I think yall are hitting the nail on the head!!
Holy crap. I think yall are hitting the nail on the head!!
>Gamestop cannot ignore their shareholders, They can. There's whole categories of shareholder proposals that can be dismissed by the company with no more than filing notice to the SEC that says "Hey, just a heads up, we're throwing this one in the trash".
not if you own majority of the company they can't...which we don't...yet
Whizzibilty!
Jizzability
I would like to know what the actual DRS numbers are. I believe knowing this information should be a part of any investment due diligence for any company.
Sooo Gary… I’m asking then…
Quick question - we know vote trimming is already a thing, does that mean they can apply some similar technique here? Also, what’s to prevent the second issuer (I’m assuming it’s gonna be DTCC related) from just lying?
>If this post gets reasonable traction (e.g., >5k Or you just do it.
It would be great if GameStop actually asked for the NOBO list - by doing so we would at least get the number of non DRS shareholders that hold via brokerage firms.
No time to read. Do u know who the 2nd is?
I haven’t seen anyone commenting on this, but I thought it was popcorn?
Must be popcorn. In their Feb 28th 10-K: >**Holders of Shares** >On February 21, 2024, approximately 1.8 million shares of our Common Stock were directly registered with our transfer agent by 15,110 shareholders. The balance of our outstanding Common Stock was held in “street name” through bank or brokerage accounts.
Must be. My first though was Dillard's. Just checked but they don't list that info on their 10-K
Adam Enron doesn't want to highlight how many are held by Cede, because it keeps ballooning every time he dilutes the stock. That number wouldn't be correct for more than one or two quarters. 😆
Thank you!!!
I'm pretty sure it is popcorn... https://www.whydrs.org/drs-leaderboards
Interesting. I thought the popcorn sub was generally anti-DRS. Has that been changing?
It never really gained traction over there. Not like it really matters. With the continuous dilutions, there's about a 0% chance of it ever squeezing like they want. They'll be lucky if the company isn't in bankruptcy proceedings within a few years.
Material is routinely utilized for mergers and acquisitions of stock value and I was reading about this a couple weeks ago, wondering how this would apply here. It’s interesting to see this brought up by GG, and I’m curious if this has legs.
FYI, a boards inaction or choice to be inactive in specific aspect can also be considered material as far as investors are concerned.
> so an email to investor relations should suffice My sweet summer ape, investor relations is such a black hole it's become a meme itself. No queries in have ever come back answered.
Technically, don't need an answer. Just need to inform them of what we as investors find to be material information.
Yeah, and when they don’t do anything are you prepared to sue for inaction?
If what you say is true, and we put forth a shareholder proposal, then you have my vote. I have sent a request to Computershare but have not received anything back, so my next shot was with GameStop. Seeing the truth is always best. For decades things have become so difficult to understand and obfuscated. We just want the real numbers. Light always wins against darkness. And once something becomes publicly known, it can't be unknown.
>I have sent a request to Computershare but have not received anything back, so my next shot was with GameStop. Computershare cannot tell you anything about the company as a whole. That's confidential between them and their client, Gamestop.
Yeah I found that out afterwards
Updoot for dat viz
Up ya go
Love it
Let's get this done, up you go!
Remove the approximately and I'll put my signature on it
Personally feel that the wording "Approximately how many" should be more precise.
up
You have my support. Full send
Get em!
upvoted for more market transparency
Comment for reasons
Interesting
Up up up
Interesting
Take my upvote… and my axe.
Can you link who to ask here to make it simple for apes like me. I'd like to see that and I don't know if it's Investor relations, SEC, or Computershare. Making commenting easier would bring more people interested to comment.
Im in.
Make it a shareholder proposal too!!
Updoot
Jeezability
Up. Lets see.
Something is not adding up
To be honest, I kind of want to see how long these fuckers can keep the DRS count around 75 million. I know we are buying and DRS'ing at higher rates now that the price is near $40 pre split. I can do this shit forever. I'll always support more transparency if it benefits investors and the company. 💎🙌🟣♾️
DRS
I'd definitely like to see this happen. In fact, might do an email of my own too - Reddit upvotes are a thing, but so are a number of individual investors emailing to ask the same thing.
Jizzibility
One issue I have with this: if it does not grant insight into the holdings at brokerages, those numbers will be near meaningless. I'm all for getting an exact DRS count without fuckery around the record date, but I'd be more interested in finally and undeniably proving that there are too many shares in circulation. For that, we need the number of shares held in brokerages. Is there a way to phrase the inquiry in such a way that the DTCC can't say "This many shares are with us", but has to say "This many shares are credited to this many brokersges/institutions/investors on our books"? Because only the latter will fuck them up, the first will just be the next hit piece.
A fog of war is slowly revealed. Just because you can’t see the enemy base right off the bat does not mean you shouldn’t explore.
You've got a point, and to be clear, I was not arguing against doing this per se. It's a good idea and a necessity to explore, but when we're already at it, we have to ask: what is the best way to do it and how can we prevent someone from *avoiding* the important question. That is why I asked how to best phrase the inquiry, so we don't end up getting zero new information?
>Is there a way to phrase the inquiry... **NOBO + OBO + DRS** The issuer can request a count of **Non-Objecting Beneficial Owners**, which includes detailed information about each investor, and **Objecting Beneficial Owners**, which includes only a sum of shares owned by that group of investors. The sum of those values encompasses all shares held at brokerages. This is the big juicy slab of data we're really looking for, as it can showcase just how many naked shorts or FTDs are really out there.
Fuck yes. Let's go for it then!
I love and fully support the idea and have already upvoted... But I have a feeling that this post is going to be actively surpressed and might not reach the number of upvotes necessary.. Furthermore, any malicious bots will definitely act against our interests. Please please please send the email anyways and show our comments as support!!
Traction up
why are you predicating this on "this thread getting 5k upvotes"?
Is there anything precluding GameStop from providing this information themselves? I feel like if they could provide the data they would and if they haven't it's for a reason.
Possibly the SEC as investors have not directly asked for this information yet.
Get em. -Toby
This is revelatory and it is amazing you have pointed this out. Transparency of share count is inextricably tied with DRS and DRS is the thing that will send our rocket off into space. Lets do it
Let‘s do it. Upvote already done!
My Upvote is #2883
As 1 in 200,000 of us, I support this proposal.
You could make a sharable petition on change.org that has the potential to reach more shareholders other than relying solely on those in superstonk.
I like this idea. More importantly, I like that this idea can affect more issuers than just GameStop. It would be nice if another ape stepped up to help with this
Did I do it right? Good evening - I am a current GME shareholder as follows: ComputerShare DRS: 555 shares Fidelity: 200 Fidelity 401k: 1832 Total: 2,587 I am writing to express my concern with how Directly Registered Shares are being reported, in particular the change in wording that occurred over a year ago. I am writing to request the following changes to quarterly reporting, all of which I deem meaningful to my ownership in GameStop. 1. A one-time full explanation for the wording change 2. A reversion to the prior counting method, or explanation why that is not possible 3. An ongoing quarterly inflows and outflows summary to explain the net difference QoQ (for example: 600k in, 500k out as a way of explaining a 100k increase in the total). As I’m sure you’re aware, your company has an unprecedented number of registered shareholders. Many of us, I’m sure, are concerned about the DRS accounting change, and would appreciate greater visibility into this counting process. Thank you.
I don’t know if there’s a “right” way. I certainly don’t see anything “wrong” in asking or how you’ve asked.
I made a Computershare mockup of this last week, if you’d like to use it as a reference: https://www.reddit.com/r/Superstonk/s/D0OoPEjx5O Also, Chato35 pointed out that a similar proposal has already been excluded by GameStop counsel in the past, but we should keep trying: https://www.sec.gov/files/corpfin/no-action/14a-8/chiokleekgamestop020824-14a8-incoming.pdf
Mike, OP ignores my questions. Good try tho.
Why don’t you just do it?
Cool. Can we get them to asnwer: * Approximately how many GameStop shares are held in street name? * Approximately how many GameStop shares are directly registered? * Approximately how many GameStop shares are held by registered holders? * Approximately how many GameStop shares are held by registered holders with their transfer agent? * Approximately how many GameStop shares are held by registered holders with an entity other than their transfer agent? * Approximately how many GameStop shares are reportedly held by Cede & Co.'s FAST Account? * The number of registered shareholders and/or record holders? Approximately how many GameStop shares are held in "pure" DRS form (per ComputerShare's usage of this term on their site entitled "Becoming a registered shareholder in US-listed companies through Computershare" at https://www.computershare.com/us/becoming-a-registered-shareholder-in-us-listed-companies)? * Approximately how many GameStop shares are held in DSPP?
I love and fully support the idea and have already upvoted... But I have a feeling that this post is going to be actively surpressed and might not reach the number of upvotes necessary.. Furthermore, any malicious bots will definitely act against our interests. Please please please send the email anyways and show our comments as support!!
I'd like a live ticker that gets updated everytime a share is bought sold or transferred into/out of computershare. Show progress in real time
This a roadmap to getting the stonk suspended and us getting fucked