In the FUD Busting Department, I keep reading on my X/Twitter feed many comments that I should buy more AMC shares to show my confidence in the Company. It happens to be against U.S. securities laws for me to do so right now. It is important that you understand these four points.
1. I currently own outright 975,310 AMC shares and at target vesting have an economic interest in 3,640,397 more AMC shares. So, over 4.6 million AMC shares in total. And more than any other individual AMC shareholder on the entire planet of whom I am aware. That already is a lot of confidence.
2. I have not sold even one AMC share in more than three years. I ride with you.
3. I lead AMC fully knowing that more than 2/3 of my total “target” compensation is in AMC stock rather than in cash. I am not “given” these shares. I work hard for these shares. If I did not value AMC stock, I could choose to work elsewhere, with more of my compensation coming in cash rather than in AMC stock.
4. And most importantly, for quite some time now, I personally have been in possession of what is known as MNPI (“material non-public information”). When that is the case, it is patently against U.S. law for a CEO,of a publicly traded company to buy its stock. Illegal. Period. No ifs, ands or buts.
As detailed in an AMC SEC filing, our 50 million share At The Market equity offering has been completed. We have raised at least $184 million of additional cash, prior to commissions/fees
We realize from the vitriolic messages on X/Twitter that some of you don’t approve, but I cannot emphasize enough that it is so absolutely vital and crucial for AMC to have robust cash reserves.
I believe I remain AMC’s largest retail investor. I own 722,820 AMC shares and will vest in 1.2 million more AMC shares within 26 months (many by March ‘25). So, I certainly feel and share in your pain as AMC’s share price has fallen in 2023 and 2024. I understand that it hurts.
@AprilSojka@jgatomoon Unfortunately not. I had over 1000 shares, but after reverse split, the whole APE thing and dilution. I now have around a third of that. But….. still only needs to hit 10k for me never have to worry about money again. I’ll continue to buy when I can and HODL!
Every single thing about #AMC is BETTER than PRE-COVID.
BOX OFFICE ☑
POPCORN ☑
DISTRIBUTION ☑
MERCHANDISE ☑
APE INVESTORS ☑
DEBT RESTRUCTURED ☑
SIGNIFICANT DEBT PAID ☑
BANKRUPTCY INCONCEIVABLE ☑
CREDIT CARD ☑
GOLDMINE ☑
Imagine SHORTING THIS 103 YEAR OLD COMPANY?💀
The hit parade continues of big movies in theatres, one after another. First Inside Out 2 in June, then Deadpool & Wolverine plus Despicable Me 4, and now Beetlejuice Beetlejuice, the four highest grossing domestic opening weekends of 2024. And Joker: Folie a Deux is up next!
$AMC up $0.01 at market close…
However long it takes, we are going to wait.
And wait.
And wait.
And wait.
Actually, many of us won’t ever sell everything because #AMCNEVERLEAVING
#UsherInParisMovie is coming to AMC Theatres 9/12 - 9/15 only! The concert film features chart-topping hits from Usher's 30-year career, performed with never-before-seen costumes and state-of-the-art lighting and special effects. Get tickets now: https://t.co/wbriVLyKf3