TexasBonnie, I can not leave your post un-replied to.
I feel your pain and also bought in at a much, much higher price. Dont mind taking a risk investment, but this is a more than a little different. If I can lay out a path to at least take these guys out of the US markets I will. Best case more than that. I think being very vocal with the SEC is a good start. Costs nothing. Like you, I don't usually role over.
A note:
After two years of promotion and upbeat filings, the "management" went silent earlier this year, the stock price continued to tank. AMCG/AMCGD is now trading with almost no value so an exchange with nothing supposedly looks fair. The actual value of Amico Games still exists, it is just not in the current share price, which in a huge part management is responsible for.
One other note:
According to their SEC filings, the "management" officially started these maneuvers in August, which means it was put in motion some time before that. Sounds pretty material, yet no mention in subsequent quarterly or other SEC filings.
A third note:
Also, if there are only 26.3% of shares documented in SEC filings as having Beneficial (insider) Ownership, yet they were able to gather written approval of a 52% majority of common shareholder votes to authorize this move. How can these other shareholders have the knowledge to even vote for this if they are not insider shareholders with insider knowledge?
AI
