Today I Want to talk about how AMC's options chain will be halted after the reverse split as a result of this confirmed change in Q sub number and how it will cause squeeze. I Also want to talk about how this opens up a massive opportunity for Adam Aaron to pursue legal action as well after the split. Just stay tuned and let's make some money. And now I'm going to dive straight in with the key information.

So if you haven't read the entire AMC's recent filing in detail I Want to draw your attention to this paragraph. It says: will the new common stock be issued under a new Qsid number and the answer per AMC it's yes. If the reverse stock split is approved and implemented, every 10 shares have issued and outstanding common stock you own will be automatically converted into one share of common stock issued under a new Qsip number and the new shares of common stock issued upon conversion of series A preferred stock AKA Apes will also be issued under that same new Q-sip Basically, this means that Adam Aaron is not giving those ape shares to the Dtcc and then just saying guys, can you give us some new AMC shares and then take away 90 of whatever's in existence or ninety percent of whatever you think the correct number is Adam Aaron is actually going one step further and saying Dtcc can you recall all Ape and all AMC shares and just issue the reduced amount of 143 million new AMC shares under that new Q-set number? This way, the Dtcc effectively has to recall every single ape an AMC share, whether they're legit shares or synthetic shares, whether they've been legally shorted or illegally shorted and replaced them with just the reduced amount of new AMC shares. He's basically taking away AMC Qsip one and eight Q Sip one and replacing them solely with AMC Qsip 2..

now both AMC Q-sip one and AMC Qsip 2 will still have the exact same ticker AMC but will have completely separate Q-sip numbers. Now you may be saying Tom Why is this important And how exactly does it tie in with the AMC Squeezeman methodology? well as Sam First asked a few weeks ago, he said if AMC completes the three corporate actions and Fdds are still present with a new Q-sip number, Can a brokerage institution or AMC's board hold a new options chain under that new QT number until all Ftds are covered? Now, you may remember that chat Gbt said it is possible that a brokerage institution or AMC's board could hook the creation of a new options chain under that new Q-sip if the company has completed three corporate actions and Ftds are still present and it says this decision or this legal action by AMC would likely be made to protect the Integrity of the markets and to ensure that all relevant regulations and rules are followed. It says in such cases, the SEC or other regulatory bodies may have placed restrictions on the trading of the security in question due to ongoing investigations or concerns about the company's Financial stability and importantly, the creation of a new Options chain under the new Q-sip may not be allowed out until these restrictions are lifted and the relevant Ftds are resolved. Now, Obviously, we don't have any investigations into AMC's Financial stability because AMC is now a successful and growing company with improving profit margins.

But what we obviously do have is existing Fdds that need to be resolved before this new Options chain can go live. But again, why exactly is that important? and how exactly does it tie in with the AMC squeeze? Well, you may remember that AMC did have an Options chain on the 17th of March directly after the predicted AMC conversion and reverse split day. That Options chain had like two or four hundred thousand in the money puts and 800 000 out of the money puts as well. But a suspended POS tweeted.

He said 300 000 in the money and 800 000 out of the money puts just went poof because AMC is being issued with a new Q-sip number. It likely means the new AMC Options chain will not be going live at the same time due to the massive amount of existing Ftds. Therefore, over a million options just disappeared, potentially expired, worthless, or the money was maybe refunded. I Don't know exactly what happened to all of those puts, but all I know is that right now those puts do not exist and if the AMC options chain does not open up on that reverse split date, it means these hedge funds are market makers and the shorts cannot manipulate AMC Using the options chain, they can't take out hundreds of thousands of put options or millions of put options and they can't hide their married and divorce puts in the options chain if no options chain exists.

Also, guys, be sure to join me over on MooMoo the sponsor of today's video. If you sign up using the link in the description below, you can currently get up to 15 free shares you get entirely commission free trading Free Level 2 Market Data and memory is also very easy to use with a very simple and friendly UI There's also tons of technical indicators and advanced charting tools. This is obviously a good news and B very important because it means it's one less way for the hedgies to manipulate the AMC price. I think it's also this option's chain gets removed and I really believe they should also remove related ETFs as well.

Otherwise, AMC will end up like Xrt. As 741 trade tweeted, he said Fidelity has Xrt which is an ETF which includes GameStop At 22 000 percent, it's shorted xrt which is the ETF containing GameStop has a market cap of 461 million dollars and a float of 6.7 million ETF Units by Xrt also has a short interest percentage of 22 600 percent basically meaning that hundreds Of millions of ETF units have currently been shorted. And obviously by shorting these ETF units, it indirectly shorts the price of GameStop as well. And that's why I Think it's very important the options chain frame C is removed so these hedge funds can't show AMC indirectly through the options chain.

and I'm glad we do now have 100 confirmation that a new cousin number will indeed be issued when the reverse split occurs. But obviously importantly, it does say that a new Qip number will only be issued if the reverse stock split is approved and implemented. and that is why Robert is voting yes to the AMC conversion and reverse split. Now, Obviously, if the new options chain doesn't go live because of this new acoustic number being issued, it also gives Adam Aaron a great opportunity to pursue legal action.

and this is also a great time for Adam Aaron to pursue legal action as AMC is still on the threshold Security's list. Now this post talks about why remaining on the threshold list for a significant amount of time could lead to AMC having a compelling case for legal action. Now we know that AMC has currently spent 10 days on the regulation Sho threshold Securities list and it's only allowed to spend a maximum of 13 consecutive days on that list. And if we get to T plus 14 days from the first date on the list, the institutions responsible for those Ftds are automatically forced to purchase through their Clearing Houses those shares in the open market.

Now obviously, if those shares of AMC are not purchased on the open market, whether because the SEC or somebody else doesn't enforce the rules and AMC ends up on the threshold list for more than 13 days, it gives Adam Aaron a brilliant opportunity again to pursue more legal action. Now obviously, Adam Aaron recently spoke about only taking credible actions when it came to making decisions about AMC's share price. He said he won't throw out accusations that he doesn't have 100 proof for. while we obviously if AMC still resides on the threshold list and the new options chain doesn't go live for AMC that gives Adam Aaron that credible information and that credible factual data that gives Adam Aaron a credible reason to go to the SEC and enforce This legal action.

Now a tweet is saying for those wondering why Antara has AMC puts he said antara like a lot of big money is playing the AMC ape Arbitrage play. He said they expect AMC to drop and eight to rise as we approach the conversion and that's why Antara has taken out these AMC perks while simultaneously buying 200 million ape shares. They've expected the ape shares to go up while expecting AMC shares to come down. but he also added saying but if AMC and ape both run up together, then they end up getting smoked.

Now it's obviously pretty much exactly what happened to Melvin Captain as well. Melvin had hoped that AMC and GameStop would come down and took out some massive put options on both AMC and GameStop, but obviously AMC GameStop then had the January and June run-ups and Melvin Capital got smoked. So therefore, I don't necessarily think that Antara is either the good guys or the bad guys. Yes, they have bought eight shares and yes, they are shorting AMC But I think they're simply playing the EMC ape Arbitrage play.

Don't forget Antara. Still very small fire compared to many of those larger shorts like Susquehanna and Citadel and Tara just simply trying to make some money in the middle by buying eight shares on the cheap and shorting AMC Now I Don't really think that Antara are our friends by shorting AMC but I Also, don't really think they impact the chance of an AMC short squeeze because the number of puts they hold isn't really that large compared to the sheer number of synthetic shares. And if anything, I think Antara just adds more fuel to the fire because if AMC and April went up together, then Antara gets smoked. He said these instructions for the vote came through the few shares that he bought with Computer Share but he said the E-Trade has not yet emailed him anything because 99 of of his shares are with E-Trade Now if you haven't yet received an email from E-Trade or TD Ameritrade or whichever broker you are using to vote in the AMC vote I Think you really need to get onto your broker as soon as possible.

You need to ensure that your Shares are not being lent out because if your Shares are being lent out, you do not get to vote in the AMC River split vote. And if you haven't received your voting email yet, be sure to follow up with whatever broker you are using to ensure you can vote Yes or No to the reverse split it seems E-Trade hasn't yet sent a voting email to its customers and I also believe TD Ameritrade also hasn't sent out any emails yet. Obviously, if you haven't yet received a voting email from your broker, be sure to follow up with your broker. As Adam said, boating in this vote is very important.

Whether you vote Yes or no I still think that you should cast your phone. But 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 upload a new video. Cheers.