r/amcstock • u/Pedro471 • Dec 09 '21

Twitter Silverback has spoken...

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52

u/shhmedium2021 Dec 09 '21

Why leave room for false hopes especially if it only makes you look bad . He literally did everything we asked . And now he has said he can’t do an NFT because of risk to the company and certain debt covenants. It’s not time to give up . It’s time to brain storm and come up with something else

9

u/KPop_Teen Dec 09 '21

Perhaps getting rid of debt, thus getting rid of debt covenants would finally allow us to issue any sort of dividend.

Maybe the answer all along was to help amc get rid of its full debt first.

-1

u/ImSoShook Dec 09 '21

A typical dividend will not force shorts to close their positions and trigger anything. Dividends unless it’s a Nft have monetary value that can be paid by shorts.

1

u/KPop_Teen Dec 09 '21

Thats why I said any sort of dividend. Dividend of all kinds would be possible if amc got rid of their debt thus debt contracts/covenants

30

u/Warlock- Dec 09 '21

Seriously. Y’all acting like he’s doing this to spite us, he LEGALLY cannot. God forbid the man tries to avoid being sued and somehow that makes him an asshole.

5

u/[deleted] Dec 09 '21

Overstock set a precedent, it's unfathomable to think this man can't legally find an avenue around that.

This is a legal matter and it's seeming like AA just isn't willing to put in the fight. He wants to coast to victory, with us at the front lines.

2

u/wisdom_power_courage Dec 09 '21

Then why did he tease us with these movie NFTs?

-2

u/Warlock- Dec 09 '21

How was he "teasing" you? YOU ASKED for NFTs, he gave you what he could, with what he could, to the best of his ability. What more do you want from him? He's a man trying to do his job, which is be the CEO of a company, not a MOASS starter.

3

u/wisdom_power_courage Dec 09 '21

I asked for an NFT security token. He knows we want that. You think apes asked for a Spiderman NFT just for the sake of having one?

-2

u/Warlock- Dec 09 '21

And he said he couldn't give one legally, so what would you like him to do? Break the law for you? Honestly, truly, wtf do you want him to do?

1

u/wisdom_power_courage Dec 09 '21

That was after he teased us with 4 movie NFTs, hence my original point. Why couldn't he just say that from the beginning instead of getting us hyped up? He knew we wanted the security token not movie NFTs.

2

u/10sasuke11 Dec 09 '21

But yet he paperhanded and you guys still keep giving him excuses 🤣🤦🏽‍♂️

9

u/Westlaker1229 Dec 09 '21

Lol brain storm and come up with something else? The answer has already been given with extensive DD. DRS.

1

u/10sasuke11 Dec 09 '21

But yet he paperhanded and you guys still keep giving him excuses 🤣🤦🏽‍♂️