I am not going away @vladtenev@DanGallagher
AMC Entertainment does not consent to Robinhood creating Stock Tokens to replicate AMC shares in the United States (the SEC requires you to get our consent, or failing that, at least with us to stand down). They are fake, synthetic shares, which could impact our capital structure.
AMC should control our financial destiny, not Robinhood.
It's amazing this guy doesn't understand issuers don't want synthetic tokens. He cannot grasp that markets are supposed to serve a purpose for capital formation and price discovery. He sees them as casinos - the more you trade, the more money he gets paid by his actual customers.
Today, $AMC CEO Adam Aron called out Robinhood.
InvestorTurf has been warning retail investors about Robinhood for YEARS. Their predatory behavior comes as absolutely no surprise to us.
We can’t find many polite words left to describe Robinhood.
If we were publishing this as a news story on our website, we’d call them exactly what we think they are:
The scumbags at Robinhood have no shame.
And any retail investor still choosing to use that platform needs to seriously ask themselves why they continue supporting a company with this track record. At some point, you become part of the problem.
Seriously? What’s the concern you ask, @vladtenev? The list of concerns is almost existential.
U.S. securities laws are in place to protect investors. For good reason, we spend millions and millions of dollars every year to comply with U.S. securities laws. In good. conscience, how can Robinhood as a U.S. company set up an operation in far offshore Jersey, an island 3000 miles away, and market a security sort of posing as AMC in some shape or fashion, and not comply with U.S. securities laws. That is shocking and shameful.
Our past issuance of equity to strengthen our balance sheet was vital to our success. Your setting up some kind of fictitious synthetic equity market decouples stock token ownership from a company’s ability to control its own capital raising efforts.
Share ownership gives shareholders various rights, including the right to vote their shares. Your stock token pretend to be some form of stock ownership, but disclosures to the contrary notwithstanding, they are not ownership and they deprive investors of their rights.
This quasi-fake market you are creating on the island of Jersey sows distrust amongst the public about financial markets in general. There already is distrust in financial institutions, you are potentially making it far worse.
These are but a few of my concerns about your actions.
I hereby call on you and Robinhood to voluntarily CEASE AND DECIST the trading of AMC stock tokens. If you don’t, our high priced securities counsel has been asked to see whether we can force you to stop.
I also wonder how can the SEC possibly support your sham ignoring of U.S. securities laws. You can be sure we will be asking them.
Ayuden a compartir! La chica llevó a su abuelo de 89 años, compró tickets por @viagogo y @StubHub y fue fraude, no es justo, @Profeco@AtencionProfeco revisen estas empresas fraudulentas! @miseleccionmx ayudemos a que este abuelito cumpla su sueño.
Bought a $1,742.80 camera online from BestBuy.
The FedEx delivery driver stole it. FedEx admitted it.
But BestBuy won’t give a refund. They said we need to “work with local law enforcement.”
Thought everyone should know if you buy from @BestBuy and a @FedEx driver steals what you paid for, your money is gone. Neither company will make it right.
I’ve spent over $30K at BestBuy and will never spend another penny there.
#Tijuana is falling for shady swindler "Chiquilin" of the Spiritual Patrol, the viral addict rescuer known for kidnapping & beating them. He just pocketed 7 million pesos from mayor Burgueno. Now #morena is grooming him as an "independent" political star. Some people never learn.
Brutal agresión en Toluca: mujer fue víctima de robo, abuso sexual y casi asfixiada en su casa.
En México ya no lloran las mujeres como dice @Claudiashein . Las roban, abusan sexualmente, las asfixian y otras las asesinan.
Evelyn denunció públicamente la violenta irrupción en su domicilio en la capital mexiquense: fue agredida físicamente, abusada sexualmente, casi asfixiada y despojada de sus pertenencias.
Dice el alcalde @rimoba que la transformación avanza.
@tendenciastab__
#8M
Id like to officially welcome all Precious Metals investors to the same discussion $AMC investors have been saying for 5 years.
Paper Derivatives and Naked Shorts.
They don't have the silver,
and they never had the shares.
This is real news. Announced yesterday. AMC AND NETFLIX
“Netflix, the world’s largest streaming service, and AMC Entertainment, the world’s largest theatre chain, have jointly decided to work together.
This new cooperation will start this Halloween weekend. AMC will show Netflix's most-popular movie in its history, KPop Demon Hunters. It will play on approximately 400 AMC screens across its theatres in the U.S. and Europe.
While the two companies have not had a commercial relationship in recent years, both Netflix and AMC are intrigued by the mutually beneficial opportunities that could arise from this and future collaboration.
Discussions are underway as to what that may entail, but no further details are being shared at this time.”