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aCryptoKing

03/11/21 10:12 AM

#15645 RE: fourdint #15642


Clueless! They can RAISE THE A/S with a simple meeting & filing (takes 20min) & PRINT HOWEVER many shares they want!

ALL DAY LONG

What do you call this? 2-3x/month
Historical Shares Outstanding Data

1/22/21 339.07M
12/28/20 216.10M
12/8/20 160.70M
12/1/20 160.59M
10/30/20 137.39M
10/28/20 130.41M
10/20/20 124.32M
09/30/20 109.92M
09/15/20 109.32M
https://ycharts.com/companies/AMC/shares_outstanding



That's EXACTLY HOW it works! A board meeting & they agree to do JUST THAT! Just as AMC has since Sept 2020. Nearly EVERY OTHER WEEK they increased the Oustanding Shares in the company & raised ~$1B off of shares alone!

You do NOT know what you're talking about! It's called DILUTION & they've been DOING IT!