Is Reverse Split The Winning Strategy?

I’ve been thinking of the 1:10 RS and its implications and I’m pretty much down the middle. But I was wondering no one has mentioned the float - will our float shrink?

Correct me if I’m wrong but before APE shares we didn’t reduce the ~500M float in half, we just got APE out of “nowhere” since it’s a preferred equity aka separate stock entirely right?

With the merge that would happen, wouldn’t our float be ~1BN shares? (500M AMC + 500M APE) THEN the following 1:10 RS would reduce that float to around ~100M shares but keep the market cap the same with 10x price increase.

IF THIS IS THE CASE - then it’s much much more difficult for SHFs and legal shorts to borrow right? A surefire winning strategy from there would be to… Dr. Strange our small float afterwards as well technically… and we would be in a pre-2021 GME situation

Small float, hard to borrow shorts, +80-100% retail ownership, new CUSIP ID. This sounds like a checkmate winning formula to me 🤷🏻‍♂️

Then again, nothing guarantees we won’t be laddered down again so yes I get it, I’ve heard all the negatives for RS but no one has really talked about this float benefit

Anyways NFA, eat some crayons, im dumb and hodl blah blah I get it 💎 But let me know if I can learn some really cool facts today $AMC Entertainment (AMC.US)$ $AMC Preferred Equity Unit (APE.US)$