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I don’t think the patent is dead until/if the IPR process is over. The motion to dismiss was without prejudice so hdvy can refile. I think the hdvy lawyers dropped the ball and the judge was pressured by the senators.
It’s increasingly obvious they have huge plans in store for the company. They’re loaded with cash and debt free. Lots of new talent onboard. I’d love to see them go directly at amazon. Bezos treats employees like crap while he squanders money on rocket rides and divorce settlements.
The phrase ‘loosen covenants’ might be interesting. Is he looking to eliminate the restrictions on dividends?
Can’t trigger a squeeze without a dividend and can’t issue dividend with existing debt agreements. Only other option would be for a friendly partner to buy partial ownership and inject funds to pay off the debt.
It’s dilution but it’s for a good reason and likely only a tiny fraction of the synthetic shares floating around. A private placement at agreed price would be best.
Perhaps. If that’s the case he’ll need to restructure the debt agreements for better terms. Another option would be to issue shares to pay down those debts that prevent issuance of a dividend. I bet if he explains it clearly that shareholders would approve of that plan.
He can resolve it the same way that Overstock resolved it. It really is that simple. I don’t know why the CEO doesn’t understand that. Perhaps he is getting bad legal advice.
Maybe tax loss selling is done
It’s retail. Try to keep up.
It’s been explained many times.
I wonder if this affects the IPR trials or do they continue ?
I guess the law firm seriously miscalculated the odds.
Sorry Locwolf. Looks like we lost after all this time.
It must make some people so angry to see him awarded.
Yes it is.
Did you enjoy the holiday, Janice?
Sounds like another reverse split will be necessary
Sub penny coming back
But why is the judge dragging his feet on the motion to dismiss? He must know that this hurts the plaintiff and favors the defendant. Something is rotten in Denmark.
They’re trying to get out from their short position and they can’t. They can postpone it but eventually it will bring them down.
Hedge funds use same tactics on both. Dark pool, shorting and about to go under from each.
Any guesses when we’ll finally see a ruling on the motion to dismiss?
86 or 87
It would be more fun watching paint dry
Nice. There are many millionaires who spotted the excessive shorting and took advantage of it. There will likely be more before the story is over.
Or has the DOJ stepped in because the SEC has done nothing?
Please provide details on why you think this is a scam.
It’s dead
All the volume is in the dark pool. Everyone knows that.
Buy more than 1 share?
Something awesome. Sure. Ok.
I think this has all of them
https://developer.uspto.gov/ptab-web/#/search/documents?proceedingNumber=IPR2021-00554
Yes. But in reality the shorts can’t all cover at the same price. So if AMC is $10 and shorts start to cover they will eventually run out of buyers at $10 and have to pay $11 and so on. And if it’s true that there are hundreds of millions or more of synthetic shares this process has to occur over and over.
At least it stayed flat while everything else was red.
Good idea. At this pace it will only take 2 billion market days to buy them all.