Ape: dividend that was given from amc common stock vs ape conversion being converted to amc common stock. Clearing up some Fud. Repost original was taken down but mod cleared. 🚨 🚨 🌙 🚀 🚀 link to original in post
Ape was a dividend, spun off from amc. When ape was issued, if you were short amc, legally, or illegally you then became short an ape share, since ultimately every retail and institutional owner of amc were needed to be given an ape share at that time. So, if the theory goes as amc was and is illegally shorted multiple times over, then ape becomes the same, immediately. If you don’t believe in this move you certainly don’t believe the latter to be true. 🤷♂️ it’s simple
So here we are today, months after ape was given out, as a dividend in the form of a preferred share, supposed to be trading 1:1 and shorted down from $10 to .65 even further digging a hole. Then out of left field king big nuts ADAM AARON says hey, this isn’t correct ape and amc should be trading in tandem, but it’s not. So he called out wallstreet (I’m sure you’ve seen the video by now). He says hey we need to figure out what’s going on, so we are going to convert ape back to amc, BECAUSE THEY ARE THE SAME THING. We will be holding a vote to convert ape ONE TO ONE for amc, because again if amc is $5 then ape should by essence be 5$ BECAUSE AGAIN THEY ARE THE SAME. After that we will hold a vote to reverse split the common shares 10:1, to STRENGTHEN amc stock and attract bigger investors vs having such a large float that’s easily manipulated.
Now if said vote goes thru, and I’ll throw in that it’s obvious on this sub based on the shills spreading fud hedgies are fukt!! Why you ask, well it’s because they will need to close the shorts(illegal naked, synths) when it is converted to amc. We received a dividend from amc in the form of an ape stock, ape stock is being CONVERTED to amc stock. See the difference there? It will be the share count retail has been asking for, as only real ape shares can be converted. The rest must close. We are not an otc stock so these other examples play no bearing that keep popping up left and right saying what about this stock or this stock. AMC is not a penny stock, nor is it traded otc and never will.
I am unanimously voting yes to the proposed vote and swatting Fud in the mean time. I stand with the company I’m invested in!
SHORTS MUST CLOSE
Great explanation from Peter Hahn regarding how just fucking bullish this is. 🔥 🔥 🔥
Not to mention this confirmation 🤷♂️
And then AA himself
happy holidaze! Ignore the Fud