Actually AMC requested dilution two times.
The first time in April 2021, they requested authorization to allow dilution of up to 516M additional shares. It didn’t mean they would dump 516M shares at once, but dilute only when necessary. The max further amount was 516M. The second time was when they requested a 25M dilution amount in June. Both requests were denied. And we APEs, or the APEs brainwashed expertly by a coordinated FUD campaign, refuse to take ANY responsibility of those actions even today. The only thing we do is keyboard-warrior angry tweets and reddit articles. Part 2 is even more disgusting. Not only do we not acknowledge we caused harm to AMC, but we want to destroy ourselves and the company by fighting each other like hyenas, and attacking the executive team.
But this time it won’t be successful. Watch for Part-2: 2022
Oh yes. The justifications will come. “We were angry every time there was a runup, mudrick dumped shares, or AA diluted.
The fools do not realize that the runups happened BECAUSE mudrick would dump REAL shares into the open market, and AA would dilute REAL shares into the open market. The real shares are like crack to a desperate addict. They NEED those shares to close their naked positions.