Today I Want to talk about how the current number of AMC shareholders has been revealed and how this will finally lead to a real share count being performed by any proving once and for all in court that the AMC float is held multiple times over. So stay tuned and let's make some money and now I'll drive straight in with the key information. So Wall Street Apes Tweet is saying in response to the new confirmation today in court that there are in fact 3.8 million AMC shareholders. It's clear that the AMC and 8 floats are sold many times over.

Each holder would only need 135 AMC shares with zero institutional ownership to own the whole flow and he said as a result, we must demand a share count, Send your letters into the court, and let's once and for all end this fraud. So I want to explain how a real share count would be performed and how the previous share accounts haven't worked and explain why they didn't work. So there's technically only one party that has access to the synthetic share data, but there's also a second party that can demand the release of that data. Now, Adam Aaron only has access to the AMC shares that he's created and how they've been traded.

Adam Aaron doesn't have access to any synthetic share trading data. Obviously, Adam Aaron doesn't create those synthetic shares, those are created by Citadel and sold by Citadel and other market makers and therefore the only party that has access to those synthetic shares and how many there actually are is Citadel And those Market makes the reason why the previous share counts performed by Adam Aaron haven't worked is because Adam Aaron is only looking at this number of shares over here. This the shares that Adam Aaron has created and this is the shares that Adam Aaron has counted. But Adam Aaron hasn't counted all of these synthetic shares over here because Adam Aaron doesn't have access to those shares.

Now you may be saying Tom Surely we just need to get Share Intel On the case, right? But again, Share Intel don't have access to that synthetic share data. Share Intel can download transactions from those self-reported organizations like Finra that lie in there data submissions. And obviously the market makers that submit data to Finra also lie as well. And therefore, that's why the multiple companies that have contacted Share Intel such as Atarion, Gtii, and a number of other companies haven't squeezed and nothing has happened as a result, because Share Intel doesn't have access to the full data.

It's like the scene in The Big Short where Michael Burry is speaking to those representatives from Goldman Sachs and he's asking them why they haven't marked his position accurately Now Goldman Sachs says oh, you know, Well, the date is complicated. These markets are really complicated as well, and the derivatives are complicated. On top of that, Therefore, we think it's all marked accurately and we think it's all counted accurately. That's why Adam Aaron and Sharon Tell can't get the real data from these market makers even though they think something suspicious is a Bry because these market makers just simply fob them off and say yeah.

Well, the data's complicated. We're sure that the data is all right, and you've got nothing to worry about. So therefore, Adam Aaron and Sharon Tell can't get access to the real data to perform a Share account. Citadel do have access to that data, but obviously they're not going to give us the data.

But who exactly is this party in the middle that can force Citadel to hand over the real data so a real share count can be performed well. Obviously it's the judge and the course. If Citadel get pulled into this lawsuit, they can be forced to disclose the real data on how many shares there truly are, including synthetics and all. We know that the data is amiss because each shareholder would only need to hold 135 amps he shares to hold the entire float at least one time over.

Therefore, all we need to do is convince this charge that the data seems awry and the judge will drag in Citadel into this lawsuit and force them to disclose the true data. And I Think the way we can convince this judge that the data is awry and that we do own the float multiple times over is to provide our own data and our own evidence of how many shares are held. Guys Also, be sure to sign up to MooMoo the sponsor of today's video by using the link down in the description below. You can currently get up to a whopping 15 free shares entirely commission free trading Free Level 2 Market Data and most importantly of all, MooMoo is very easy to use.

They've also got tons of technical indicators and advanced charting tools. So Dave Murphy took a poll about a week or two ago, asking how many many of you hold more than 120 shares. A resounding 93.6 people answered saying they hold more than 120 shares and only 6.4 people answered negative. So that means that at least 93.6 million shareholders of those 3.8 million retail investors hold at least 120 shares.

Now I Think that alone proves the float is held multiple times over. But what about if we could see just how many shares are held by each shareholder? It's easy to say that 93.6 of shareholders hold over 120 shares, but many shareholders out there own 500 a thousand, five thousand, ten thousand, and even more shares. Well, Car Striker actually performed a poll the other day asking how many shareholders hold more than 135 or 136 shares and how many do you actually hold? Well, 6.9 of people answered saying they have less than 135 shares, which is actually very, very similar to Dade Murphy's results as well, but obviously the remaining participants held many more than just 135 shares. 32 of participants had been held between 136 and a thousand shares, 44 of participants held between 1 000 and 5 000 shares, and 16.4 percent of participants held over 10 000 shares.

Now, Biotech Mooses run the numbers and has figured out that retail hold around 6.2 billion AMC shares. Meaning the float has been sold more than 12 times over not just two or three billion shares like we had previously speculated, but at least 6.2 billion shares. And actually I want to explain why it could be even more than this 6.2 billion number Biotech Movies Tweet is saying: let's assume that with 8 400 responses to Cat's poll that it's a representative sample of the total 3.8 million shareholders. Basically saying that let's assume we extrapolate those 8 400 shareholders.

So the total 3.8 million shareholders and he said let's just consider the top range alone of those whales that hold more than 10 000 shares. Let's ignore the people that hold between zero and 135, ignore the people holding 135 to a thousand, and even ignore the people holding a thousand to five thousand shares each just looking at that one small group. So if you take just that, 16.4 percent of the 3.8 million investors, that's 623 000 people that hold at least 10 000 shares each or 6.2 billion shares. And again, that's also ignoring this small bracket of people holding between zero and 135 shares, Ignoring the people holding 136 to a thousand shares and ignoring the people holding a thousand to five thousand shares as well.

So again, if you assume that 44 of those total 3.8 million shareholders, which is around 1 0.8 million people hold just a thousand shares at the very bottom of this range, that's another 1.8 billion shares on top of that. But again, that's not all because there's also some whales that hold not just 10 000 shares or ten thousand and one shares. or ten thousand and two shares. There's actually some whales out there that holds significantly more.

We've got defiant tweeting his shareholdings where he holds 332 000 AMC shares. Again, we've even got Dave Murphy himself tweeting where he holds around 119 000 ape shares. He hasn't included a number of AMC shares, but I assume it's at least 23 000 or 20 000 AMC shares on top of that. So that means we could be even closer to potentially 10 billion shares in total.

Now again, I Think that alone proves to the judge that there's not just 500 million shares sold or not even six or seven hundred million. Not even a billion or two or three billion, but closer to between six to ten billion shares. And that's why As Tres tweeted, he said shorts are so stupid, They created a legally verified share count opportunity along with accurately stating there are still 3.8 million shareholders. Not only do we have the opportunity for a real legally verified share count enforced by the course, but it's also confirmed that retail investors have not left.

Back in 2021, there was around 4 million AMC shareholders, but still to this very day, there's around 3.8 million of us left. And he said, this is great. Now we're being given the opportunity to mail in our share count to the courts for that evidence. I Think the shorts have really slipped up here because they knew that Adam Aaron couldn't get a real share count so you know that share.

Intel Also can't get a real share count because it's these market makers and these shorts that hold the real data. But now the courts can quite literally force them to hand over the real data and expose a real share count once and for all. And as Hang Loose has tweeted, he said with Institutes and ETFs and insiders currently holding 134 million shares, that means retail holds at least 74 of AMC if synthetics don't exist. Since June 2021, retail shareholdings have dropped from 4 million to 3.8 million, which is a small six percent drop and Institutes and ETFs have actually increased their shareholdings by three percent.

So with these very small movements of six percent of retail investors, paper handing and it said, it's even buying up three percent more shares, How has the stock fallen over 92 percent in that same time period? If you've got six percent of people selling and three percent of people buying, how does that result in a 92 percent drop? I Think Hang Loose is really pointing out the massive, massive problem that we can see. and now we know this data is awry and we just need the courts to finally prove it. So I Do think that we should write letters to the courts and send in our share accounts to 1. Some for all have a real share count performed.

So guys, be sure to let me know what you think down in the comments below. And as always, guys, be sure to ding that notification Bell because that way you'll be alerted when I'll upload a new video. Cheers!.