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Robinhood apparently is behind an effort related to “tokenized real-world assets including Stock Tokens” for AMC Entertainment (and supposedly 190+ other companies). They are not registered under U.S. securities laws !!!!!! I find this practice to be contemptible, outrageous, disgusting, detestable, inexcusable, vile. How can it possibly be legal? We have no connection to this at all, and do not condone it in any way. We immediately are going to have our outside securities counsel look into this. Stock Tokens are not registered under U.S. securities laws and may not be offered, sold, or delivered, directly or indirectly, in the United States or to, or for the account…
I have enormous confidence in AMC and the 2026/2027 box office. So today, using my own money, I bought 250,000 more AMC shares personally, at market price. I now own outright 2,437,020 AMC shares, raising the total where I have an economic interest to 12,322,429 AMC shares* It actually can be very hard for a CEO of a public company to buy shares. You have to clear having possession of any material non public information, sort out implications of any ongoing debt and equity transactions, and not be in a quiet period before when earnings will be announced. I was finally in a position to buy even more AMC shares today, and I did. As I said, I have great confidence in AMC’s future. So, again to…
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I read my Twitter feeds to better understand what you think, both the good and the bad. Some of you noticed AMC also stands for Aron, Musk & Cohen. And that Taylor Swift's ERAs tour "de-codes" as Elon, Ryan & Adam. Odds of those six initials are 1 in 8.6 million. Crazy, huh?