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Voting?
$AMC Entertainment (AMC.US)$ i read something bout some voting going on to let management release some shares to raise money. where do i go n do the vote, anybody noe?
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Ceelee : your broker should send you an email with the link or call you....the vote isn't until July 29
lan pa pa lan OP Ceelee : I bought amc thru moo moo so i dun have an agent.
PbWaffle : Moo moo users, you can email moo moo help desk. They will help you cast your vote.
lan pa pa lan OP PbWaffle : So the vote is on 29 jul?
lan pa pa lan OP : Has anybody asked in any comment before which option to choose? Seeme like both options are bad for us. If we choose issue of shares, then squeeze will take longer to happen cos more shares circulating. But if we dun approve issue of shares, the comp might go bankrupt cos cannot raise funds? If bankrupt, there is no moon
Sedliberanosamalo : AMC got liquid cash of 1.9B, no need to pay any debts until 2026. The management sold thier personal shares and were rich, the HFs shorted and are rich. Its the apes turn. Vote no for new shares. 1B is already a lot of money for CEO ADAM to play around and make it profitable. They can ask for new shares again in 2022 and we can decide then. Its the apes turn to get some rewards.
HODL TIL THEY FOLD : did u buy in on or before 2 June. if bought after, don't bother
lan pa pa lan OP Sedliberanosamalo : Yeah my intuition say no to new shares but only worried it goes bankrupt lol. Anyway, covid situation is better now, hope that helps
ElizTrades : if you are holding AMC shares as of 2nd June, you can email moomoo's corporate action department (corporateactions@futusg.com) to cast your vote in the following format:
Stock:
MooMoo ID:
Instruction: <FOR or AGAINST on each proposal>
You can actually do so now, which they will take note of the voting instructions.
lan pa pa lan OP HODL TIL THEY FOLD : Juz nice first purchase 2 jun
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