Our plan all along was to transition our now 13 Middle East theatres to local management, after we trained them and opened beautiful theatres. They still will operate as AMC Cinemas. Plus we sold our 10% stake for $30 million, continuing to build our cash reserves. Cash is king!
RETAIL SUGGESTIONS: Take crypto, ApplePay and GooglePay — usage online soared. Introduce AMC branded and movie merchandise — selling like hotcakes. Launch an AMC credit card — still on track for Q1. Take AMC Popcorn to supermarkets — still on track for Q2. Keep the ideas coming!
THE US TREASURY SECRETARY JANET YELLEN RECEIVED $7.2 MILLION FROM CITI BANK AND CITADEL HEDGE FUND IN SPEAKING FEES.
REMINDER IN OTHER COUNTRIES ITS CALLED BRIBERY & CORRUPTION BUT IN THE US ITS CALLED “SPEAKING FEES”
$AMC $GME $APE
The Nail in the Coffin for shorts is coming and mainstream is Complicit.
$AMC, $APE, $GME, $NWBO, $HYMC. Etc.. Look at the 10 rules to beat a short seller, and now look at previous and upcoming strategies of $AMC.. 🔥🩳 https://t.co/NJy7owEEHh
More AMC shares and APE units vested yesterday, bringing my current ownership after income tax paid to 1,097,199 AMC shares and 1,348,138 APE units (not including future vestings). I am AMC’s largest retail shareholder. I will not sell any of these any time soon. I ride with you!
Some of you misguidedly protest against dilution. When industry demand is off a whopping 35%, companies that do not raise fresh capital run out of cash and go broke. Cineworld/Regal in bankruptcy court right now. Not us! We know what we are doing. Looking out for your interests!
According to media reports, the movie’s domestic pre-sales have reached $38 million, which is more than that of “Top Gun: Maverick”, the biggest box office hit of 2022. The movie is trailing behind “Black Panther: Wakanda Forever” and “Doctor Strange in the Multiverse of Madness.
Another yr has passed where we’ve held through all the manipulation and 𝐡𝐚𝐥𝐭𝐬. According to the @NYSE halt record from 01/2021-currently:
$AMC was halted 34 times
$APE was halted 13 times
$GME was halted 74 times
total 121 halts to prevent a squeeze.
Let that sink in.
House Financial Services Committee Chairwoman Maxine Waters says she doesn’t plan to subpoena former FTX CEO Sam Bankman-Fried —CNBC
But they will be looking into @elonmusk, probably. 😂😂😂
JUST IN: FTX’s tokenized shares are now under scrutiny for stocks like $AMC & $GME.
The custodial firm had not held stock for FTX for a year, & reports are that short sellers could redeem AMC tokens for actual shares, rather than paying high borrowing fees, per The Chainsaw.
The Apes of $AMC "AMC ENTERTAINMENT HOLDINGS" Community reached out to me in finding the Archive of The Secs $AMC treasure trove of filings. Therefore, I obliged, so here is data from 2007 to the present-day of 2022.
https://t.co/Q6Bk3zgaTb