He really messed up. He violated the fiduciary duty of #AMC common investors. They clearly states that they do not approve dilution. He went in and partnered with predatory short sellers (Citi) to create #APE then failed to raise money. Allowed short sellers to buy in at $0.66 and changed (rigged) the voting structure. Then created a falsified narrative that 87% approval from shareholders. Judge documents clearly stated this would have been approved if it was not to the “mirror” voting scheme of #APE. It is blatant fraud and violation of the fiduciary duty. Plain simple.
Posted by Anonymous (Anonymous) 2 years ago
0 points.
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