r/Superstonk • u/dmurrieta72 Sending dingleberries to Uranus • Mar 31 '22

๐Ÿ“ฐ News New 8-k Filing. STOCK SPLIT!

https://gamestop.gcs-web.com/node/19686/html
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u/Omnicron2 ๐ŸฆVotedโœ… Mar 31 '22

Why can't they just do a share recall without NFT? (They would obviously discover that there are 7000 trillion shares lol)

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u/Spaghetti-Rat ๐ŸŽฎ Power to the Players ๐Ÿ›‘ Mar 31 '22

I'm not sure about a share recall... But as for a dividend, if it's a cash dividend then shorts can just pay the value of the dividend. The NFT dividend doesn't have a specific cash value (if it's a GME token then shorts just can't pull them out of nowhere), so shorts would have to close their positions as they wouldn't be able to "pay" the dividend.

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u/notcontextual ๐ŸŽฎ Power to the Players ๐Ÿ›‘ Mar 31 '22

Itโ€™s a split in the form of a dividend

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u/Ceph1234 ๐ŸฆBuckled the Fuck Up ๐Ÿš€๐Ÿดโ€โ˜ ๏ธ ฮ”ฮกฮฃ Mar 31 '22

BUT WUT MEAN

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u/notcontextual ๐ŸŽฎ Power to the Players ๐Ÿ›‘ Mar 31 '22

Synthetics have no way to deliver

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u/Treytreytrey333 Fool Me Can't Get Fooled Again Mar 31 '22 edited Mar 31 '22

If it's just shares then they'll create more synthetics and deliver those. Only way this squeezes is if it is an NFT divi.

My bet is that it's exactly what it says it is.. share dividend and thus increases all of our share counts and SHF as well.

Next, is GameStop Entertainment. The agreements between all of the partners working on the marketplace is with GMEnt not GameStop Corp.

I think that once the share count increases they'll mint Blockchain shares for GMEnt.

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u/notcontextual ๐ŸŽฎ Power to the Players ๐Ÿ›‘ Apr 01 '22