Pinned Tweet
#AMC
According to "The Street" AMC & AA lost support of Apes
True or false?
Screen capture of article headline below
83%I support AMC & AA
17%I do not support AMC & AA
4,149 votes • Final results Ape Attack retweeted
JUST IN: 🇺🇸 Crypto Clarity Act faces collapse as President Trump ethics concerns stall the Senate.
Deadpool & Woverine was awesome. There is no greater viewing experience than watching a great movie on an IMAX screen with laser projectors in comfy #AMC seats.
Several iconic moments where myself and the whole audience couldn't help but cheer
Go see this movie!
Ape Attack retweeted
On Wednesday, AMC Entertainment reported 3rd quarter 2023 financial results that featured a net profit. Our Revenues and Adjusted EBITDA were the highest 3rd quarter numbers in AMC’s entire 103-year history. You can find the full report here: mms.businesswire.com/media/2…..
I'm still here. RL kicking me when I'm already down but I'll get through
#AMC I'm not fucking leaving
💎 no matter how tough it gets
Ape Attack retweeted
Indeed I do read my Twitter feed @DaneCook. (I am old fashioned, I haven't adjusted yet to calling it my X feed.) Send me an email at [email protected] and give me both more details and contact information for you.
I don’t think @CEOAdam reads his X feed but if he wants to distribute the biggest comedy special of 2024 he should find me here. The final edit is overscaled 4k bc I shot if for the big screen. If not maybe @elonmusk wants to do the first direct premiere on X on New Years Eve? I can’t wait to share this. #comedyislife
nypost.com/2023/09/27/ken-gr…
The use of WhatsApp on Wallstreet and all SEC registered companies is a big problem.
All business communications must be archived, and I know for a fact these players are using WhatsApp to circumvent their communications from being tracked properly
Ape Attack retweeted
An announced deal ends the 5-month long Writers’ strike, pending an affirmative union member vote. Directors and Writers contracts now behind us. Only the Screen Actors Guild left to go. The world’s movie theatres can celebrate. Extremely good news that progress is being made.
#AMC
More thoughts Proposal 5
Fiduciary Duties
Duty of Care (is impacted by this)
Duty of Loyalty(is not impacted by this)
The difference between the two?
premierlegal.org/the-duty-of…
Officers having personal protection against the fiduciary duty of care makes sense. As these decisions they are making are on behalf of the company and reviewed by the board to start with. The individual office should have limited liability.
#AMC
Think of proposal 5 of the anti Al & Ethan proposal
investor.amctheatres.com/fin…
#AMC
I'm seeing some people concerned over Proposal 5
Here is an article that provides an unbiased view of why one may vote for or against these proposals
mofo.com/resources/insights/…
This will also reduce insurance costs as well as make it less likely any of these cases come up.
And look. I'm not saying if the CEO does breach fiduciary duties we shouldn't act as investors. There's just a bunch of cry babies who have proven they want to sue AMC over and over
Ape Attack retweeted
Why Taylor Swift Rejected Hollywood's Major Studios for Her New Movie (Report) thedirect.com/article/taylor…
RetailStock coming with the sensible approach as always!
"If it's not in a filing, it's speculation"
Guys - Slow your roll on bonds. Let me explain.
But first: Have you seen an announcement from AA or Investor Relations or an SEC filing? If not, then it's speculation, not fact. Remember the DD oath!
First remember, they brought in $325 million (and I'm THRILLED)
Now you need to understand:
2026 there were three "tranches" (buckets) of bonds.
One of them was $51.5 million (perhaps what some of you saw gone).
There are two other tranches though:
1- The senior secured notes (I've always believed these have the covenant on dividends). These are $1.915 billion. They don't have enough cash for that just yet. That did NOT get paid off, I'd bet a lot of money on that.
2- Another big bucket of Second Lien Subordinated notes at $1.148B
Also understand there is about $103M due in '24/'25 combined (almost all in '25). Remember AA saying we're not past the pandemic until '25? I think that's what he meant.
Hold tight until @CEOAdam or Investor Relations actually says something or docs are filed with the SEC.
Finally - I'm still thrilled because we have enough cash until 2026 imo (even WITHOUT improvements...which really means I think we made it and time will reveal we won) and that means shorty is in big big trouble. I hold
$amc #apesnotleaving
#AMC
For anyone interested in following the AMC case against the insurance companies
AMC is seeking to collect on the $100m+ for the settlement and litigation fees. Nothing too interesting so far but it's moving along
trellis.law/case/10003/n23c-…
It's our money and we want it now
