AMC Entertainment Holdings Inc (AMC)

[Jimmy Joe]

WRONG~!

FROM THE PR~!

-To adjust authorized ordinary share capital such that, after giving effect to the above proposals if adopted, AMC would have the same ability to issue additional common equity as it currently has to issue additional APE units.

This is to create equity to pay off all debt. AMC would have the same ability to issue additional common equity as it currently has to issue additional APE units.
Meaning, say 80 million shares could be authorized just like $APE preferred shares were authorized at $55-$65 per share and that could pay of the entire $AMC debt~!

I will vote for this proposal with no reservations.
This also puts the naked shorts in a very BAD position. What can they do~? Tell me~?
They have to cover. They can't continue to short at $60-$65 per share with 50% borrow fees.

A reverse split is just what the doctor needs for Billy.

$AMC/$APE arbitrage baby~!