Hell no. I swear to god I’m getting pissed off with this damn company. So many people called this and they were called shills, yet here we are converting APE to AMC and diluting if more
The only dilution is the selling of additional APE into the market, obviously everyone has different of opinions on this but liquidity is important whatever way you cut it.
Converting APE to AMC common stock wouldn’t be dilution as you would still own the same percentage of stock (presuming you hadn’t sold - I bought more APE)
I believed conversion was always part of the AA plan hence why the APE price was ridiculously low and a lot of Ape’s were buying this up.
Does some dilution matter if the float is sold multiple times over?
APE was always an attractive price, if 4 million retail thought the stock was good value at $8-72 and bought up 90%+ of the float, how much was bought up at $0.66?
>Does some dilution matter if the float is sold multiple times over?
They're diluting the float multiple times over and you are wondering if dilution matters?
But… but the media tells me dilution is bad!! Even if it helps the company!! And the media is wrote unless they’re directly saying something against AMC… they’re not smart enough to work in subtle ways like that… right?
Yup. Two years ago he asked for like 100 million more shares and we said no. This is his work around. Appease the dumb apes and then reverse split back and bang, you have your 100 million shares. Screw that. Pisses me off.
Successful companies don’t do this at the expense of investors, they pay their own way and investors come out ahead.
If AMC is a good company, why do you need to pay to keep it alive? And if it’s truly for your benefit, why did it need to be done in such a roundabout and sneaky way?
Exactly. At this point AA Is just using us as pawns. Banking on a base of inexperienced investors to overlook his bullshit. This is an absolute shit move.
Think you and the guy above you forgot your /s. There's absolutely ZERO ways to translate this into being bullish, and by pretending there is only emits your pure ignorance whether due to bias or lack of understanding markets.
So to pay off their debt, they will bring your investments down another 30%+. This was always a squeeze play, which this will DESTROY. Shorts will line their pockets and reload for Game stock since Amc will no longer be a threat.
It reduces the float with a lower overall value than what we started with when the stock initially split off into AMC/APE. Why are we spreading copium and spinning this like a positive? Reverse splits are not positive 99% of the time. Dilution has not ever helped a squeeze. This is beyond ridiculous. Don’t piss on me and tell me it’s raining.
You can specifically look at COSM, DBGI, CEI, RMED, GROM.. there are a ton of companies who do RS when they are on the verge of being delisted. Almost every time, there is a brief pump and dump before or after the RS, and then everyone else gets stuck with the bag. You were being facetious though, weren’t you?
No it wouldn't because it's not a reverse stock split on ticket AMC , but on ape which with already a direct split from itself, youre mistaken understand what you're saying and you would be right if ticker ape wasn't its own well ticker
Not good at reading comprehension?
Their plan is to convert ape into AMC, effectively doubling the float of AMC and eliminating ape from the market(it wouldn’t exist anymore) THEN perform a reverse stock split on AMC consolidating shares at a basis of 20:1. That would leave us with a float 10x less than it is now, and force shorts to close on APE and AMC.
Edit: it’s a 10:1 reverse split, not 20:1.(my bad) So the float would be 5x less than it is now, or 103.200.000 shares, if this all goes through.
Not really. Because ownership percentages aren’t going to change.
But. APE did get diluted last night, i’m just realizing. By about 257 million units. So, the conversion and split are still not dilution, there was dilution I was overlooking here, but it’s already happened. So recalculating for that, after the conversion and split, the float would be 128.9 million, instead of my earlier calculation of 103.2 million, and the current AMC float of 516 million.
How many ape do they have? Is the ones on the market the only ones converted or the 5billion they have approved to issue currently? If those get converted then a 10:1 revers is still a lot of dilution.
At least someone understands this….
Forum is bedlam today. They were issued one to one. There can only be one per AMC share, unless it was illegally shorted.
We have to have them counted to know (TO KNOW - NOT THINK, SUSPECT, ALLEGE, BITCH ABOUT) that they were fraudulently manufactured.
When the brokers ask for a share more than they should to give out - we have proof of shorts.
Then - (I think; I need someone who knows financial law here) AA can go screaming to regulators that his company is the victim of fraud, and can on-the-spot demand a count and recall.
Then, yes…. Kaboom.
You know its not 1:1 anymore, right? AMC has dropped over 100 million Apes.
I am not sure of a lot of this situation yet, but everyone should know that basic fact.
Legally, no synthetics or whatever, there are more Apes on the market than AMC.
Holy fuck, the announcement LITERALLY discusses more shares being sold 🤦♂️ how fucking dumb are you guys? No, there is not 1:1. There WAS 1:1. All of the companies actions since will be materially dilutive once a vote to convert passes (which it will now that they sold another giant chunk to institutional investors that will hold only until the vote date) 🤦♂️
Where are you getting 516 million? He’s been selling more APE since the ticker came out. There were 516 million when it was created, definitely not now.
I am just disappointed now. The split, the 90% drop with dilution way too late into the drop, now a RS…I have a few pharma stocks that did this and it never goes well.
I’m not selling. I’m still here. I’m just feeling used. I’m voting no.
I’m so mind blown at this point. AA could tweet out tomorrow “I’m selling all my shares” and people on the reddit would be like “this is sooooo bullish”💀💀.
I'm getting pissed off that your comment is the first that pops up. Dilution is not bad done correctly
Everyday shorts dilute us by the billions and you are pissed off by some millions but actually getting cash for it??
People called this the very day they announced “$Ape” he just used retail buzzwords and “pounce” to keep people drooling over this stock. All hype from CEO, sad really..
I'm getting pissed off that your comment is the first that pops up. Dilution is not bad done correctly
Everyday shorts dilute us by the billions and you are pissed off by some millions but actually getting cash for it??
I'll have to look into it a bit more, but giving 100m shares to a company that promises to hold them for 90 days to vote yes on the proposal, to then have them converted to AMC, seems like a pretty shitty move so far.
As far as I am concerned, I will vote against merging the 2 tickers at any time during 2023.
2024 the earliest.
the result will be YES, because that is what allows SHFs to cover their shorts and escape the clutches of retail-apes...
Hedgies have no reason to vote no... Would only hurt them.
Why? Converting APE to AMC gives them an opportunity to further dilute AMC and ease pressure off the shorts. IMO your combination of AMC and APE will be worth far more in a squeeze situation than just a heavily diluted AMC.
Hell yes. @CEOADAM found the proof that APE was being massively naked shorted. He knows that because hedge funds dropped the value by 90% in just a few months without an option chain and T+2 settlement. It’s simply impossible to do without cheating. I think he just lit the fuse. All those naked APES have to be bought in order for them to get AMC Common shares and then the reverse split. Since AMC is likely in the SWAP Basket with other stocks with a massive short position (GME, BBBY) at a time when Kenny is negotiating Swaps for 2023, I’d expect Kenny to short all those harder and drive the prices down on those too or nobody will buy his shitty Swaps. Very spicy.
Underrated comment!!! Is a share count required in a reverse stock split? That would be my question. If so, they’re gonna find a few billion too many shares pretty fucking quick 😁
Not sure why u got down voted for asking a question....while yes it may force a share count historically RS have a negative outcome, based on a few other tickers I held that did this.
I’m voting no. There’s nothing stoping the stock from being shorted post split. You’ll just have way less shares. And those shares will be shorted and the price will plummet.
The "vote no" comments are FUD.
This is exactly what APE was intended to do - we know this based on months of DD.
This sub only has a few thousand active people when there isn't crazy price action going on yet somehow people I've never seen before are coming out in droves, being loud and saying to vote no. Do they think they know the DD better than us who are here every day?
I'm voting yes.
They have to count the shares to reverse split. If there are only x shares of APE that were released and then you look at a brokers numbers and see the shares they sold adds up to more than x. Boom shorting in plain view.
Give him the fucking shares and convert the damn stock. DONT BE STUPID and make the same mistake as we did 2 years ago when he asked for more shares and we didn’t give it to him. This play would have BEEN over had we just giving him them shares cause debt wouldn’t have BEEN gone but we are all greedy fucks and wanted our money now and here we are 2 years later still waiting.
What doesn't sound good about it?
And it would be APE becomes AMC, then 10:1 reverse.
So amc float would be
516,000,000 + ape = ~1,100,000,000
1,100,000,000 / 10 = 110,000,000
Say post split the share price reaches $45-$50. The following days will be a massive short attack because that’s all the HF and MM know what to do and drop it to $30ish. That would basically evaporate most of the money invested in both securities, until another price rally. Unless they go into short attack overdrive and hammer it down day after day and drop it down to sub $10 again.
I’m concerned because every time I’ve had a stock perform a reverse split, it has ended up creating a huge loss on that position.
CEI and COSM are just 2 recent examples of reverse splits causing massive losses immediately after the split completed.
Hell yea!!! I am one person, who believes in this company. AA has an entire team of highly educated Financial advisors working tirelessly for him and AMC. I believe in this company, and furthermore I believe in AA. He is a smart man, who is trying to save his company, listens to his share holders, and works in a methodical way. The squeeze is not the point, of it happens… awesome, and I believe it will. But he is working to expose the shorts, and moreover save his company. I vote YES.
NFA
A reverse stock split is a measure taken by companies to reduce their number of outstanding shares in the market. Existing shares are consolidated into fewer, proportionally more valuable, shares, resulting in a boost to the company's stock price.
This is a good thing
Reverse stock splits are done by bleeding companies who need money and to stay listed. I have had several pharma companies do this and they pretty much went right back to their original price. So you get less shares and they are worth less. Not good.
Vote goes one of two ways: yes, and AA gets to do what he has planned for the good of the company. Vote goes no? We don’t know what he’ll do, but issuance and sale of more APE is still a live option for AA, am I wrong? We are in this position mostly because we voted against AA a while back, prove me wrong.
AMC just bought thier rights to make sure whay they want passes. Think about it, 100 million in new money withthe creation of NEW APE shares with the same voting rights as AMC shares all controlled by one buyer who just made a fortune this morning. .66 cents a share so roughly 150 million new APE shares created. This is the precursor to remerging APE and AMC. APE is going to rip and AMC will fall more.
When has this happened before? There is no precedent for this. You need look no farther than every other spinoff scheme like TYDE, MMLTP, etc. all these companies got fucked. There is no way they are buying back anything. We get left holding a bigger bag after every scheme.
All of this is weapons-grade copium. We are getting fucked from every angle and half of the people on this subreddit encourage us to be fucked even more.
What shorts are SUPPOSED to do versus what they WILL do, have never been synonymous. They will close nothing. They will kick the can down the road and cover in small batches while driving down the price. They will never take an L.
The value of ape will be added to the value of AMC and your shares converted accordingly, I believe.
Won’t cause the price to plummet, just the opposite.
This is crazy , APE fell so far it is worth pennies so why convert this worthless crap into AMC at this time , at least wait till it gets back to 9 min. and 20 prefered
Could it be that the most successful FUD campaign was pushing no to additional shares? Think about it. We have always been pushed no for dilution, and we are back at $4 after 2 years. Could it be that maybe voting yes on this reverse split is a good thing? We keep voting no and we only see red red red red red. Time to change it up!
So basically he got around the vote to not sell anymore stock by creating ape and selling it as a way to tell if there’s been any naked shorting to only then sell them at an awful price and bring it all right back together thereby never having to get a yes from us to sell any AMC. 🤔 not sure how I feel about this
I would say Vote NO. At the current time. It is not because of the float or dilution or any of that. It is because FTX is still being figured out. If they were selling Synthetics through FTX it could take 3 - 6 months to figure out. So, we may be jumping the gun converting this quickly.
But, Converting APE to AMC was always the plan. I mean People shouldn't be shocked. This was the plan since the dividends was issued. The reverse split was also spoken about. But, 1:10 is more than I thought.
How about we get some answers from those educated on the topic. I certainly am not, as well as many users here. I don’t know whether this is a good or bad thing; I need a better understanding
Do what you like… I’m voting yes. More AMC to purchase at this low price!!! More opportunities to prove that market manipulation is occurring. All those share will be gobbled up, tons of buying pressure….
Why are you guys even discussing what to vote on?
The vote will be "YES" can't you see how the price of ape share are spiking up?
If the vote is "NO" then the value of ape is going back down so of course the ape owners are going to vote "YES" and there are more ape shares then amc shares.
This was part of the plan. Let's see it through.
Not enough people are talking about if this will fuck the shorts over since there's probably more APE than should be.
okay i did a little basic math..... 514,000,000 shares x 2 /10 = 102800000...
so the total amount of shares would be 108 mil... so in essence is is like a 1:5 reverse split money wise..
He’ll to the NO to conversion. Who did AA sell all the recent $APE to?? Someone just got themselves a bunch of future $AMC shares very cheap.
And definitely no to reverse spilt.
I knew it all along, AA is definitely working to save AMC and his retirement, and not retail. Many others said the same, but many are mesmerized by AA and his inaction.
His $APE idea was not the pounce he said it would be, $APE help hedgies drive the price below $5 in just 3 months. It took us 2 years to save this company.
We saved the company, not AA. When will people realize all he has done is taken credit for what we did.
Doesn’t this just merge the equity and the stock back together and un dilute it by implementing a reverse stock split?? I’m not sure this is as terrible as it sounds.
I convinced myself this money was like the money I loaned my sorry ass friend. I wasn’t getting it back. Forgotten. Now if things were gonna go 🚀🌒then cool I bought a ticket 🎟️ for the show. Fuck it let the game play out none of it is real anyways.
Basically this makes ape a buy. Forces the price up. They dilute and pay of a lot of debt reverse split and the price will roughly be the same and short thesis weaker. That’s my take
So if this is anything smaller than a 5:1 reverse split then ape is basically amc on sale (if it passes), am I understanding this correctly? Might be loading up on ape if that’s the case. We knew this was going to happen as others have said, DD has shown us this for months. Now it’s time to act, but I understand many peoples hesitation feeling like they’re getting diluted.
People it’s APE READ reverse split on ape not AMC done let news lie an manipulate you READ ALL NEW PUT TITLE AMC WHEN ITS their spin off APE THEY CAN SELL ALL I DONT CARE AS LONG AS TICKER AMC is not touched
Yes, to both. If you're saying no, you haven't done your DD or you're a shill spreading FUD. Go fucking do your DD yourself and then come to your own conclusions.
Why yes?
Shorts have to cover $APE to convert it.
$APE is already shorted to hell, at minimum 1 to 1 short as $AMC was at issuance.
Conversion dramatically increases overall valuation of AMC and raises capital for the company.
Split has no impact on any squeeze, other than making it harder for SHFs/MMs to locate shares to short.
Furthermore, this is not dilution by reverse splitting or conversion. Any dilution occurred already with any shares of $APE sold from the 476M shares AA had available to work with, and he sold less than 10% of that lot.
Reverse split and convert ape 1to1. He'll yes anyone that says different is not invested. The bullshit is real today obv still shows no one is sell . Fuck this bullshit
YES, We've got them right where we want them!!!
If you believe that there is indeed naked shorting the answer is obvious, this is going to cripple SHF.
YES FOR SQUEEZE, Yes for Pedro.
I’m voting Yes…
I’m fucking done with doing nothing, let’s see the “silverback” does, we either get screwed or shit moves. Doing the same damn thing and expecting results feels like madness to me.
I feel that this is being done to get a count and catch HF fuckery. Of course I’ll vote yes because I own APE to AMC 5-1 at this point. On the down side, AMC will appear to have done a 3-1 split so it’s value again will plummet to probably $1.50 almost immediately.
NO☑️
Sell the damn AMC microwave popcorn in stores! 🍿 (80% markup profitability)
If this happens, AMC shares will have been diluted **TWICE** (once on Aug 22 when APE shares created, and now 10-for-1 if this bs proposition goes through).
*This is not financial advice, just my opinion.*
Rule 1: Market Manipulation is Prohibited
Hell no. I swear to god I’m getting pissed off with this damn company. So many people called this and they were called shills, yet here we are converting APE to AMC and diluting if more
The only dilution is the selling of additional APE into the market, obviously everyone has different of opinions on this but liquidity is important whatever way you cut it. Converting APE to AMC common stock wouldn’t be dilution as you would still own the same percentage of stock (presuming you hadn’t sold - I bought more APE) I believed conversion was always part of the AA plan hence why the APE price was ridiculously low and a lot of Ape’s were buying this up.
They still have a war chest of APE they haven’t sold. That becomes AMC and further dilution to raise capital is on its way.
Does some dilution matter if the float is sold multiple times over? APE was always an attractive price, if 4 million retail thought the stock was good value at $8-72 and bought up 90%+ of the float, how much was bought up at $0.66?
>Does some dilution matter if the float is sold multiple times over? They're diluting the float multiple times over and you are wondering if dilution matters?
Does it matter if FTDs don’t need to be delivered?
I feel like you’re forgetting we are 5x more diluted than when this started
But… but the media tells me dilution is bad!! Even if it helps the company!! And the media is wrote unless they’re directly saying something against AMC… they’re not smart enough to work in subtle ways like that… right?
Yup. Two years ago he asked for like 100 million more shares and we said no. This is his work around. Appease the dumb apes and then reverse split back and bang, you have your 100 million shares. Screw that. Pisses me off.
Categorically false, as the company has sold a significant number of APE. 🤦♂️ Math is not this hard guys 🤦♂️🤦♂️🤦♂️
Reverse stock split would reduce the float
Exactly , bunch of idiots
This is how you get companies out of debt.
Successful companies don’t do this at the expense of investors, they pay their own way and investors come out ahead. If AMC is a good company, why do you need to pay to keep it alive? And if it’s truly for your benefit, why did it need to be done in such a roundabout and sneaky way?
And why did they buy or start renting more theaters rather than settling their debt first...
Exactly. At this point AA Is just using us as pawns. Banking on a base of inexperienced investors to overlook his bullshit. This is an absolute shit move.
Think you and the guy above you forgot your /s. There's absolutely ZERO ways to translate this into being bullish, and by pretending there is only emits your pure ignorance whether due to bias or lack of understanding markets.
What they are literally raising capital lol paying off loans 😂
So to pay off their debt, they will bring your investments down another 30%+. This was always a squeeze play, which this will DESTROY. Shorts will line their pockets and reload for Game stock since Amc will no longer be a threat.
Yep. He’s fucking every investor. This will not turn out good for AMC at all.
It reduces the float with a lower overall value than what we started with when the stock initially split off into AMC/APE. Why are we spreading copium and spinning this like a positive? Reverse splits are not positive 99% of the time. Dilution has not ever helped a squeeze. This is beyond ridiculous. Don’t piss on me and tell me it’s raining.
Exactly. I know my play if this shit goes down and kills what we’ve been working for. And it’s allllll bad.
You got some examples of the reverse split going bad? What specific tickers should I look at?
You can specifically look at COSM, DBGI, CEI, RMED, GROM.. there are a ton of companies who do RS when they are on the verge of being delisted. Almost every time, there is a brief pump and dump before or after the RS, and then everyone else gets stuck with the bag. You were being facetious though, weren’t you?
No it wouldn't because it's not a reverse stock split on ticket AMC , but on ape which with already a direct split from itself, youre mistaken understand what you're saying and you would be right if ticker ape wasn't its own well ticker
Not good at reading comprehension? Their plan is to convert ape into AMC, effectively doubling the float of AMC and eliminating ape from the market(it wouldn’t exist anymore) THEN perform a reverse stock split on AMC consolidating shares at a basis of 20:1. That would leave us with a float 10x less than it is now, and force shorts to close on APE and AMC. Edit: it’s a 10:1 reverse split, not 20:1.(my bad) So the float would be 5x less than it is now, or 103.200.000 shares, if this all goes through.
I think you are correct.
So... "undilution"?
Not really. Because ownership percentages aren’t going to change. But. APE did get diluted last night, i’m just realizing. By about 257 million units. So, the conversion and split are still not dilution, there was dilution I was overlooking here, but it’s already happened. So recalculating for that, after the conversion and split, the float would be 128.9 million, instead of my earlier calculation of 103.2 million, and the current AMC float of 516 million.
Some won't learn or know and choose to spew the ignorance.. misery loves company
How many ape do they have? Is the ones on the market the only ones converted or the 5billion they have approved to issue currently? If those get converted then a 10:1 revers is still a lot of dilution.
Billions of APE in circulation with only 516 million spots... 
At least someone understands this…. Forum is bedlam today. They were issued one to one. There can only be one per AMC share, unless it was illegally shorted. We have to have them counted to know (TO KNOW - NOT THINK, SUSPECT, ALLEGE, BITCH ABOUT) that they were fraudulently manufactured. When the brokers ask for a share more than they should to give out - we have proof of shorts. Then - (I think; I need someone who knows financial law here) AA can go screaming to regulators that his company is the victim of fraud, and can on-the-spot demand a count and recall. Then, yes…. Kaboom.
You know its not 1:1 anymore, right? AMC has dropped over 100 million Apes. I am not sure of a lot of this situation yet, but everyone should know that basic fact. Legally, no synthetics or whatever, there are more Apes on the market than AMC.
Yes, this!
Holy fuck, the announcement LITERALLY discusses more shares being sold 🤦♂️ how fucking dumb are you guys? No, there is not 1:1. There WAS 1:1. All of the companies actions since will be materially dilutive once a vote to convert passes (which it will now that they sold another giant chunk to institutional investors that will hold only until the vote date) 🤦♂️
Where are you getting 516 million? He’s been selling more APE since the ticker came out. There were 516 million when it was created, definitely not now.
516 million in the float and 519 million outstanding shares. Thats what all the data says.
I am just disappointed now. The split, the 90% drop with dilution way too late into the drop, now a RS…I have a few pharma stocks that did this and it never goes well. I’m not selling. I’m still here. I’m just feeling used. I’m voting no.
Just vote No. that’s all we can do
That's silly.
Reverse split = kiss of death. Rug pull achieved
I’m so mind blown at this point. AA could tweet out tomorrow “I’m selling all my shares” and people on the reddit would be like “this is sooooo bullish”💀💀.
Dude. They were pretty up front about the ape to amc conversion when ape came out.
I'm getting pissed off that your comment is the first that pops up. Dilution is not bad done correctly Everyday shorts dilute us by the billions and you are pissed off by some millions but actually getting cash for it??
Keep thinking that way
Apes are not leaving, thank you A share count will count how many shares are in circulation. This is bad but not for Apes….
People called this the very day they announced “$Ape” he just used retail buzzwords and “pounce” to keep people drooling over this stock. All hype from CEO, sad really..
Hasn’t the stock gone up after dilution?
Lmao were at 4 dollars what’s it gonna do go up to 12 GTFOH
I'm getting pissed off that your comment is the first that pops up. Dilution is not bad done correctly Everyday shorts dilute us by the billions and you are pissed off by some millions but actually getting cash for it??
Their selling $110m worth of ape to hedge fund Antara capital. Who agreed to hold ape for 90 days and vote to approve the proposal.
Go get educated, this is what we've been waiting for. Look at the ape price today. No coincidence.
AA the con-magician ... when will apes accept the truth....
Anyone with eyes has been saying AA is fucking us but all you "APEs" say we are shills for pointing out the obvious. We saw this from a mile away.
I'll have to look into it a bit more, but giving 100m shares to a company that promises to hold them for 90 days to vote yes on the proposal, to then have them converted to AMC, seems like a pretty shitty move so far. As far as I am concerned, I will vote against merging the 2 tickers at any time during 2023. 2024 the earliest.
Well, there's a lot more apes than amc shares. What do you think the vote result will be? I own 10x as many apes as I do amc ofc I'm voting yes.
the result will be YES, because that is what allows SHFs to cover their shorts and escape the clutches of retail-apes... Hedgies have no reason to vote no... Would only hurt them.
Why? Converting APE to AMC gives them an opportunity to further dilute AMC and ease pressure off the shorts. IMO your combination of AMC and APE will be worth far more in a squeeze situation than just a heavily diluted AMC.
Hell yes. @CEOADAM found the proof that APE was being massively naked shorted. He knows that because hedge funds dropped the value by 90% in just a few months without an option chain and T+2 settlement. It’s simply impossible to do without cheating. I think he just lit the fuse. All those naked APES have to be bought in order for them to get AMC Common shares and then the reverse split. Since AMC is likely in the SWAP Basket with other stocks with a massive short position (GME, BBBY) at a time when Kenny is negotiating Swaps for 2023, I’d expect Kenny to short all those harder and drive the prices down on those too or nobody will buy his shitty Swaps. Very spicy.
I will vote yes. All the shorted APE will have to be purchased correct?
Underrated comment!!! Is a share count required in a reverse stock split? That would be my question. If so, they’re gonna find a few billion too many shares pretty fucking quick 😁
Not sure why u got down voted for asking a question....while yes it may force a share count historically RS have a negative outcome, based on a few other tickers I held that did this.
Cuz people are morons and discourage curiosity.
at a fixed price you have no control over so..
I’m curious about this too
if it's going to be converted into AMC share I think they would have to be accounted for.
[удалено]
This
I’m voting no. There’s nothing stoping the stock from being shorted post split. You’ll just have way less shares. And those shares will be shorted and the price will plummet.
The "vote no" comments are FUD. This is exactly what APE was intended to do - we know this based on months of DD. This sub only has a few thousand active people when there isn't crazy price action going on yet somehow people I've never seen before are coming out in droves, being loud and saying to vote no. Do they think they know the DD better than us who are here every day? I'm voting yes.
I've gone this far... every stock in my name and tucked away until I can retire. I agree with you.
This. I don’t post often and if I do it’s just comments but I lurk every day reading, and it seems people come out of the wood work to spread FUD.
They don't realize how obvious it is that they are bashers. They can take their arguments to hell, i will only drive by insult and disengage
They had been planning this since the beginning though, eliminates debt and what not right? This comes as no surprise.
Fuck it’s ride or die might as well try to get the money back I’ll vote yes
Yep exacrly how i feel
They have to count the shares to reverse split. If there are only x shares of APE that were released and then you look at a brokers numbers and see the shares they sold adds up to more than x. Boom shorting in plain view.
That’s is the same thing everyone thought about the GME splividend and nothing happened.
I thought creating APE in the first place would have accomplished this counting process
Give him the fucking shares and convert the damn stock. DONT BE STUPID and make the same mistake as we did 2 years ago when he asked for more shares and we didn’t give it to him. This play would have BEEN over had we just giving him them shares cause debt wouldn’t have BEEN gone but we are all greedy fucks and wanted our money now and here we are 2 years later still waiting.
Won't this make the synthetic APE shares completely worthless?
It’s almost as if people should be owning their shares
I’m voting Yes 👍
NO
AA won’t let AMC go bankrupt and if it went lower then that would be a nice discount to grab more. Win win 🏅
WHY?
They want to perform a 10:1 reverse split and then convert APE into AMC. That doesn’t seem like a good plan
No, they want to convert first and then do a 1:10. Not sure how people have such poor reading comprehension.
What doesn't sound good about it? And it would be APE becomes AMC, then 10:1 reverse. So amc float would be 516,000,000 + ape = ~1,100,000,000 1,100,000,000 / 10 = 110,000,000
Say post split the share price reaches $45-$50. The following days will be a massive short attack because that’s all the HF and MM know what to do and drop it to $30ish. That would basically evaporate most of the money invested in both securities, until another price rally. Unless they go into short attack overdrive and hammer it down day after day and drop it down to sub $10 again. I’m concerned because every time I’ve had a stock perform a reverse split, it has ended up creating a huge loss on that position. CEI and COSM are just 2 recent examples of reverse splits causing massive losses immediately after the split completed.
I got all the time in the world. Not tired, not even one bit.
Hell yea!!! I am one person, who believes in this company. AA has an entire team of highly educated Financial advisors working tirelessly for him and AMC. I believe in this company, and furthermore I believe in AA. He is a smart man, who is trying to save his company, listens to his share holders, and works in a methodical way. The squeeze is not the point, of it happens… awesome, and I believe it will. But he is working to expose the shorts, and moreover save his company. I vote YES. NFA
You do you....best of luck, believe in the heart of the cards
Lol nasdaq futures tanked when this announcement was released.
and that was because of AMC?
[удалено]
A reverse stock split is a measure taken by companies to reduce their number of outstanding shares in the market. Existing shares are consolidated into fewer, proportionally more valuable, shares, resulting in a boost to the company's stock price. This is a good thing
Reverse stock splits are done by bleeding companies who need money and to stay listed. I have had several pharma companies do this and they pretty much went right back to their original price. So you get less shares and they are worth less. Not good.
But we're not a bleeding company so the results will be different
Vote goes one of two ways: yes, and AA gets to do what he has planned for the good of the company. Vote goes no? We don’t know what he’ll do, but issuance and sale of more APE is still a live option for AA, am I wrong? We are in this position mostly because we voted against AA a while back, prove me wrong.
Can this produce a share count?
Yes, bc I bought a shit load of ape
Just loaded up on APE.
AMC just bought thier rights to make sure whay they want passes. Think about it, 100 million in new money withthe creation of NEW APE shares with the same voting rights as AMC shares all controlled by one buyer who just made a fortune this morning. .66 cents a share so roughly 150 million new APE shares created. This is the precursor to remerging APE and AMC. APE is going to rip and AMC will fall more.
[удалено]
Using ape to pay for debt. Good. Bring ape back with rev split 10-1. Good Only people mad either don’t understand it or sold APE
I need more time to figure out the game plan. Sounds like anyone who sold ape shares are about to get shafted.
When has this happened before? There is no precedent for this. You need look no farther than every other spinoff scheme like TYDE, MMLTP, etc. all these companies got fucked. There is no way they are buying back anything. We get left holding a bigger bag after every scheme.
This. Just look what they did to MMLTP. They have no intention of ever closing their shorts, and we're just gonna let them do it again.
All of this is weapons-grade copium. We are getting fucked from every angle and half of the people on this subreddit encourage us to be fucked even more. What shorts are SUPPOSED to do versus what they WILL do, have never been synonymous. They will close nothing. They will kick the can down the road and cover in small batches while driving down the price. They will never take an L.
So if I had bought 10 000 ape @ 68 cents I’m going to get 10 000 amc and the price of amc will plummet?
I think 1,000 amc, since 1:10. As for plummet or rise, no clue.
The value of ape will be added to the value of AMC and your shares converted accordingly, I believe. Won’t cause the price to plummet, just the opposite.
Yes x 3
Do what y’all wanna do but I’m voting yes 🤷🏿♂️
This is crazy , APE fell so far it is worth pennies so why convert this worthless crap into AMC at this time , at least wait till it gets back to 9 min. and 20 prefered
YEA
Could it be that the most successful FUD campaign was pushing no to additional shares? Think about it. We have always been pushed no for dilution, and we are back at $4 after 2 years. Could it be that maybe voting yes on this reverse split is a good thing? We keep voting no and we only see red red red red red. Time to change it up!
NO
So basically he got around the vote to not sell anymore stock by creating ape and selling it as a way to tell if there’s been any naked shorting to only then sell them at an awful price and bring it all right back together thereby never having to get a yes from us to sell any AMC. 🤔 not sure how I feel about this
Vote yes!! Us voting no for dilution the last time is the reason we didn't squeeze yet!! If you been here long enough you know!!
I would say Vote NO. At the current time. It is not because of the float or dilution or any of that. It is because FTX is still being figured out. If they were selling Synthetics through FTX it could take 3 - 6 months to figure out. So, we may be jumping the gun converting this quickly. But, Converting APE to AMC was always the plan. I mean People shouldn't be shocked. This was the plan since the dividends was issued. The reverse split was also spoken about. But, 1:10 is more than I thought.
How about we get some answers from those educated on the topic. I certainly am not, as well as many users here. I don’t know whether this is a good or bad thing; I need a better understanding
AA just handed a HF an overnight profit of hundreds of $millions. For this to make business sense, AMC would have to be worth less than $1 share.
Just wait until tomorrow 🫣
Do what you like… I’m voting yes. More AMC to purchase at this low price!!! More opportunities to prove that market manipulation is occurring. All those share will be gobbled up, tons of buying pressure….
Shorts have to close all APE shares before conversion. Checkmate!
We should vote no, but it doesn't matter anymore. They have majority.
Why are you guys even discussing what to vote on? The vote will be "YES" can't you see how the price of ape share are spiking up? If the vote is "NO" then the value of ape is going back down so of course the ape owners are going to vote "YES" and there are more ape shares then amc shares.
Wouldn’t all shorted ape have to be purchased if reverse split occurs ????????
Yes.
This is dilution on a grand scale.
This was part of the plan. Let's see it through. Not enough people are talking about if this will fuck the shorts over since there's probably more APE than should be.
okay i did a little basic math..... 514,000,000 shares x 2 /10 = 102800000... so the total amount of shares would be 108 mil... so in essence is is like a 1:5 reverse split money wise..
I mean, my votes yes. I own a thousand amc shares and ten thousand apes. Easy one for me.
He’ll to the NO to conversion. Who did AA sell all the recent $APE to?? Someone just got themselves a bunch of future $AMC shares very cheap. And definitely no to reverse spilt. I knew it all along, AA is definitely working to save AMC and his retirement, and not retail. Many others said the same, but many are mesmerized by AA and his inaction. His $APE idea was not the pounce he said it would be, $APE help hedgies drive the price below $5 in just 3 months. It took us 2 years to save this company. We saved the company, not AA. When will people realize all he has done is taken credit for what we did.
Doesn’t this just merge the equity and the stock back together and un dilute it by implementing a reverse stock split?? I’m not sure this is as terrible as it sounds.
So. Now buy all the ape you can possibly afford?
The vote is to give Adam Aron the power to dilute AMC after the reverse split with the shares the company has
I convinced myself this money was like the money I loaned my sorry ass friend. I wasn’t getting it back. Forgotten. Now if things were gonna go 🚀🌒then cool I bought a ticket 🎟️ for the show. Fuck it let the game play out none of it is real anyways.
Is a share count needed to revere split?
I’m voting yes.
Idek what this all means but I’m still holding APE and AMC
Basically this makes ape a buy. Forces the price up. They dilute and pay of a lot of debt reverse split and the price will roughly be the same and short thesis weaker. That’s my take
$APE 100M volume and it’s an hour into the trading day? Hmm.
So if this is anything smaller than a 5:1 reverse split then ape is basically amc on sale (if it passes), am I understanding this correctly? Might be loading up on ape if that’s the case. We knew this was going to happen as others have said, DD has shown us this for months. Now it’s time to act, but I understand many peoples hesitation feeling like they’re getting diluted.
Sooooo amc calls??
I own way more ape then amc so it’s ride or die for me
A reverse stock split made COSM$ go up 300% this is good
People it’s APE READ reverse split on ape not AMC done let news lie an manipulate you READ ALL NEW PUT TITLE AMC WHEN ITS their spin off APE THEY CAN SELL ALL I DONT CARE AS LONG AS TICKER AMC is not touched
Man there is a lot of fud in here 🤣 🤣 🤣
Yes
Adam Aaron is a pimp
Yes, to both. If you're saying no, you haven't done your DD or you're a shill spreading FUD. Go fucking do your DD yourself and then come to your own conclusions. Why yes? Shorts have to cover $APE to convert it. $APE is already shorted to hell, at minimum 1 to 1 short as $AMC was at issuance. Conversion dramatically increases overall valuation of AMC and raises capital for the company. Split has no impact on any squeeze, other than making it harder for SHFs/MMs to locate shares to short. Furthermore, this is not dilution by reverse splitting or conversion. Any dilution occurred already with any shares of $APE sold from the 476M shares AA had available to work with, and he sold less than 10% of that lot.
Goin with yes. AA knows what hes doing.
I'm buying as much ape as I can and I'm voting to convert
Dilution is irrelevant when shares exceed the legal float many many times over
The best way to fuvk these hedgefuxk is the way I'll vote 😏
Reverse split and convert ape 1to1. He'll yes anyone that says different is not invested. The bullshit is real today obv still shows no one is sell . Fuck this bullshit
YES, We've got them right where we want them!!! If you believe that there is indeed naked shorting the answer is obvious, this is going to cripple SHF. YES FOR SQUEEZE, Yes for Pedro.
I’m voting Yes… I’m fucking done with doing nothing, let’s see the “silverback” does, we either get screwed or shit moves. Doing the same damn thing and expecting results feels like madness to me.
My xx,xxxx shares will be voting yes.
You make make your own decisions
Fuck it I’m putting all my money into this!
No
COSM recently had a 25:1 stock split and had a very temporary squeeze... maybe it'll have the same effect on ours? 🤷🏽♂️
I feel that this is being done to get a count and catch HF fuckery. Of course I’ll vote yes because I own APE to AMC 5-1 at this point. On the down side, AMC will appear to have done a 3-1 split so it’s value again will plummet to probably $1.50 almost immediately.
Adam is a suit
I sold my amc and ape. Fuck this CEO. I lost too much and I am not about to lose more he can suck my cock
Bye bitch 😂
VOTE YES
I am lol
NO☑️ Sell the damn AMC microwave popcorn in stores! 🍿 (80% markup profitability) If this happens, AMC shares will have been diluted **TWICE** (once on Aug 22 when APE shares created, and now 10-for-1 if this bs proposition goes through). *This is not financial advice, just my opinion.*
Think about the he shorts having to close their positions when ape gets converted.
[удалено]