A privilege for AMC Theatres to be distributing globally the new concert movie Renaissance: A Film by Beyoncé. We held a star studded gala premiere of the movie in L.A. on Saturday. The movie is a masterpiece, a stunning extravaganza and ever so entertaining. Opens December 1.
Jon Stewart highlights the fear that the SEC, FINRA, and the rest of the government have towards Citadel, while the "Apes" show no fear and continue to expose the company's fraudulent activities.
📸 : @jonstewart / @TheProblem
Kevin O’Leary was paid $15.7 million for twenty service hours, twenty social posts and fifty autographs to promote FTX.
Here he is saying: "If there's ever a place I could be, that I'm not going to get in trouble, it's gonna be at FTX."
JUST IN: Senator Thomas Carper profited on his shorts on the US Economy.
He has been one of the best traders in office for 40 years.
So much so, that he became a multimillionaire many times over on a modest federal salary.
Seriously, take a look:
RENAISSANCE: A FILM BY BEYONCÉ will also play at most other U.S., Canadian and Mexican movie theatre chains starting Nov 30/Dec 1 as well, including Cinemark, Regal, Cineplex, Cinepolis and so many others.
The release date for other international screenings throughout the world will be announced later in October.
This is such exciting news for AMC and for the world's entire movie theatre industry.
An announced deal ends the 5-month long Writers’ strike, pending an affirmative union member vote. Directors and Writers contracts now behind us. Only the Screen Actors Guild left to go. The world’s movie theatres can celebrate. Extremely good news that progress is being made.
@CEOAdam is a chess genius, his moves are in sight. If you can’t see it yet look closer. Popcorn. Wine. Candy. Concerts. 320m cash. Hedge funds burning cash very fast to keep it down. #APESNEVERLEAVING
AMC congratulates Taylor Swift on receiving MTV VMA’s Video of the Year. In accepting, she said The Eras Tour was “the most joyful and exhilarating experience… the adventure of a lifetime.” And you can see it at every AMC theatre across the entire U. S. starting October 13.
I am delighted to share this extremely important news with all of you. AMC has successfully raised $325 million of new equity capital through the issuance of 40 million shares via our at-the-market equity raise, which started September 6 and which now has been completed.This material increase to our cash position means that any talk of immediate and imminent financial collapse right now by AMC is moot.
We still have many challenges, including Hollywood must resolve the current actors and writers strikes. But regardless, AMC is now a much stronger company given our increased level of cash.
Like you, the coming together of AMC common and preferred stock along with the reverse stock split in August decreased both my number of owned and granted-but-unvested AMC shares/units. So, I currently have an economic interest in more than 800,000 AMC shares now, rather than the more than 8 million AMC shares and APE units previously.
In turn, that means I personally experienced the great pain felt by all AMC shareholders at the recent decline in our stock price.
Looking though to our clearly having extended AMC's viability, it is comforting to know that AMC has strengthened our company by so significantly increasing our cash on hand.
#TaylorSwiftErasTour is a game changer for #AMC not only will it bring in huge revenue but it set's the stage for #AMCTheatres to break into other industries. This is something Shorts didn't see coming. The more we expand the more there thesis for shorting $AMC is crushed.