@ryancohen lol - says the Executive Chairman of the board that felt reporting the exact number of Directly Registered GME Shares on a daily basis would be too micromanaging.
https://t.co/LDNqwtT1Uf
My first attempt at activist investing @ryancohen - you were the inspiration. #HardWork
@artistsbox@Stonkfather2021 What about the fiduciary duty to GME shareholders during dilutions?
Why does the GameStop Board of directors dilute at low valuations?
Theft of OWNERSHIP % from shareholders is the answer.
Frauds everywhere.
@Stonkfather2021 Looks like the price has been going up as they are selling.
Now do GME.
Post the valuations in which shareholders were diluted at...
Sept '24 - $20 / share
Performance Award - $20.66 / share
How can the price go up when the dilutions are priced low?
Frauds everywhere.
@GregIsKitty@APompliano@ryancohen Where did they get the money that generates enough interest to cover the operating losses?
Shareholders via dilutions.
This Board of Directors has failed to deliver shareholder value and should be voted out.
Frauds everywhere.
@gamestopssmay@AustinTobitt ShareHODLers should be voting no for the poorly valued merger.
Voting no for the dilutive performance award at $20.66/share should also be a big NO vote for shareholders.
Voting this entire board of directors out of the company is a good first step.
Frauds everywhere.
@AustinTobitt If dilution is the only means of generating money for the company, it is already dead.
Time for a change of leadership who wants to be there and can delivery shareholder value.
This entire board of directors are frauds and need to go.
@AustinTobitt@collide_z@TapeTorque Dilution lowers the Ownership % of retail shareHODLers.
Share offerings, note offerings, warrants, performance award, and merger all are theft of equity % from retail shareHODLers.
The least he could have done is have $/share increase each round... then market cap goes up more.
@AustinTobitt@TapeTorque Take his own advice and Leave.
He isn't passionate about GameStop - by his own self admission.
Sell his GME investment and move on... but first he will have to pay back his margin loan to Schwab as they use his GME to help shorts.
Frauds everywhere.
@Kyl0Z3n@Memest0nker ShareHODLers paid more than they should have to save the company.
Dilutions have been theft of OWNERSHIP % from retail.
The poorly valued share offerings, note offerings, warrants, performance award, and now e-bay merger should have been increasing in valuation each time.
@AustinTobitt Cede & Co is the majority shareHODLer and can pass the votes as they will gain further equity %.
Retail shareHODLers who DRS should be voting NO, both to the dilution via merger and absolutely NO for the dilutive performance award at $20.66/share.
Frauds everywhere.
@AustinTobitt@allinonevs He has already failed to deliver shareHODLer value for the past 5 years.
He has earned the "no" vote... Both to the package and further dilution via poorly valued merger.
Frauds everywhere.
@PaulDre16022681@ReesePolitics Reported to the SEC in a 13D filing April 3, 2025.
Now stated as ordinary business in subsequent filings.
See item 6
"Shares beneficially owned by the Reporting Person have been deposited into a margin account with Charles Schwab & Co., Inc. ("Schwab")"
https://t.co/32G5wftgDA
@Comedyorwat The first dilution is justified, as it got the company out of debt and put cash in the bank.
All subsequent dilutions, note offerings, warrants, and performance award have been at much lower valuations and effective theft from retail shareholders equity %.
Frauds everywhere.
@paidhedgie@ReesePolitics Helping shorts profit when you are the CEO is a fraudulent act to shareholders and directly contradicts his fiduciary duty towards them.
He has failed to deliver shareholder value, and intentionally done bad deals to steal retail shareHODLers equity %.
He is the hollow man.
@ReesePolitics It's true. He is a big pain in the ass for GameStop shareHODLers.
He has stolen retail shareHODLers equity via poorly valued dilutions, note offerings, warrants, and performance award... and never provided any shareholder value in return.
Frauds everywhere.
@ChapoNFTs@FatdadDirk@ryancohen Um... no he is not. He loans his GME investment to Schwab so he can have access to a margin loan.
Cede & Co is the largest investor of GameStop, and is also the entity that OWNS his GME shares.
Frauds everywhere.