I've been in since early January so no need to measure our dikks about that.Well you can go into that dudes video history and see he's been in AMC probably longer than anyone else in this thread but OP.But hey, whatever helps the deflection.
The company isnt selling shares at the market but did it off the market directly to fukking brokers & funds. The dilution from 2 days ago was directly to a fund.
AMC sells 8.5 million shares at near 4% premium to Mudrick Capital, stock surges
Yeah....I don't see how issuing shares directly through the same entities shorting the stock is a good thing.
At this point I think I might be the only one on this site who actually read these things but the April 27th AMC propectus where he said he would only sell 43million has an emergency clause to issue more stock if the company has financial issues. Hell, it may be what was used in the last dilution because people have been saying "this is the last one, he promised" since 3 dilutions ago.
Forward Looking Statements
This communication includes “forward-looking statements” within the meaning of the federal securities laws. In many cases, these forward-looking statements may be identified by the use of words such as “will,” “may,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “indicates,” “projects,” “goals,” “objectives,” “targets,” “predicts,” “plans,” “seeks,” and variations of these words and similar expressions. Examples of forward-looking statements include statements we make regarding the impact of COVID-19, future attendance levels and our liquidity. Any forward-looking statement speaks only as of the date on which it is made. These forward-looking statements may include, among other things, statements related to AMC’s current expectations regarding the performance of its business, financial results, liquidity and capital resources, and the impact to its business and financial condition of, and measures being taken in response to, the COVID-19 virus, and are based on information available at the time the statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks, trends, uncertainties and other facts that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These risks, trends, uncertainties and facts include, but are not limited to, risks related to: AMC’s ability to obtain additional liquidity, which if not realized or insufficient to generate the material amounts of additional liquidity that will be required unless it is able to achieve more normalized levels of operating revenues, likely would result in AMC seeking an in-court or out-of-court restructuring of its liabilities; the potential impact of AMC’s existing or potential lease defaults; the impact of the COVID-19 virus on AMC, the motion picture exhibition industry, and the economy in general, including AMC’s response to the COVID-19 virus related to suspension of operations at theatres, personnel reductions and other cost-cutting measures and measures to maintain necessary liquidity and increases in expenses relating to precautionary measures at AMC’s facilities to protect the health and well-being of AMC’s customers and employees; AMC’s significant indebtedness, including its borrowing capacity and its ability to meet its financial maintenance and other covenants; the manner, timing and amount of benefit AMC receives under the CARES Act or other applicable governmental benefits and support; the impact of impairment losses; motion picture production and performance; AMC’s lack of control over distributors of films; intense competition in the geographic areas in which AMC operates; increased use of alternative film delivery methods or other forms of entertainment; shrinking exclusive theatrical release window; AMC Stubs A-List not meeting anticipated revenue projections; general and international economic, political, regulatory and other risks; limitations on the availability of capital; AMC’s ability to refinance its indebtedness on favorable terms; availability of financing upon favorable terms or at all; risks relating to impairment losses, including with respect to goodwill and other intangibles, and theatre and other closure charges; and other factors discussed in the reports AMC has filed with the SEC. Should one or more of these risks, trends, uncertainties or facts materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. For a detailed discussion of risks, trends and uncertainties facing AMC, see the section entitled “Risk Factors” in the Company’s 2021 Form 10-K filed with the SEC, and the risks, trends and uncertainties identified in its other public filings. AMC does not intend, and undertakes no duty, to update any information contained herein to reflect future events or circumstances, except as required by applicable law.
Form DEFA14A AMC ENTERTAINMENT HOLDIN
I'm not sitting here defending the ceo. His timing is trash and derailed a runaway train with his bullshyt. Im not in favor of what he did. But now they raised about 2 billion dollars at this point, with no debt needed to be paid til 2025/26. There is no emergency that would require more offerings. They have 46k shares left they could throw out somewhere, hence why he wants us to vote for a 25 million dilution which will get rejected.
You're allowed to believe what you like but the comparison between gme and amc is just dumb. What's the point of comparing the two in that video? Besides creating division? I see it on reddit all the time from the gme side. They think amc is a distraction and taking away from their shyt. It's petty and stupid. I own both so whatever, but anyone without bias can see through it.
aint nobody special.
