Replies to post #115666 on AMC Entertainment Holdings Inc (AMC)

[MasterBlastr]

Voting no will doom AMC as it will no longer have access to free cash to support a failed business model. Voting yes will doom it too.

So don't do anything. It doesn't matter.

[Sonny Crockett]

I think you're exactly right. The AMC train is coming to the end of the tracks for a lot of apes. AA doesn't deserve us. This isn't a trump card up his sleeve. This isn't 4 D chess. He's simply not interested in our success.

[Al 100]

Look the stock price is so down now and they don’t cover , because they don’t get forced to do so, but with a r/s they have to cover, no other choice.

[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~!