Today, I Want to talk about how AMC will likely soon sue the Brokers and trading platforms for stock manipulation that have forced those Brokers to cease all illegal activities causing the squeeze. I Also want to talk about how Citadel and other market makers are shifting their synthetic short positions to Offshore hedge funds in preparation. so stay tuned and let's make some money now that I've straightened with the cremation. So the reason why AMC will soon Sue These Brokers and trading platforms is because Mullen has just done the exact same thing.

If these Brokers are forced to cease all illegal activities causing a mud and squeeze I imagine AMC would be right behind Mullen Automotive tweeted saying: Mullen files a lawsuit against large stock brokerage firms including TD Ameritrade Charles Schwab National Financial Services and others Fair Legal action alleges stock manipulation and unlawful stock trading practices. Now the CEO of Mullen Automotive David Mitchery stated: I'm extremely frustrated that so many of our shareholders have suffered losses that we believe were caused in large part by unlawful trading activities in our stock. I Personally think this is a brilliant move by Marlon. We know Adam Aaron doesn't control the entire New York Stock Exchange the entire NASDAQ, the entire Wall Street and the entire of the Us.

We know the SEC, the Department of Justice, the Dtcc, Finra, and all of those other self-regulatory organizations are useless and therefore it seems potentially the only real way to stop stock manipulation and cause a squeeze is potentially to sue these brokerage firms instead of just employing share. Intel to do a bit of due diligence and see if they can find any evidence of synthetic shares like increased fail to delivers. Why not take the lawsuit straight to those brokerage firms if as part of the discovery process, the courts require these brokerage firms to cease and assist all illegal activities. I Believe that will cause the squeeze, especially if market makers are also involved in this case and not just stock brokerage firms now.

I Do want to go through the lawsuit and some of the numbers, but day trader POS tweet is saying boy, Mullen has these types of numbers in their lawsuit. Wait until Adam Aaron whips out the a banana on new shorts. The numbers in this Malinois suit do look pretty large. We know that Mullen is indeed one of those smaller meme stocks, but I imagine the manipulation is nowhere near the scale seen in AMC If this lawsuit has a positive outcome, I Imagine Adam Aaron and AMC would be right behind filing a very similar suit.

Now for you Shields that think Adam Aaron is working with the hedge funds, ask yourself why Adam Aaron hasn't just let AMC go bankrupt long ago. The answer is is because Adam Aaron is on our side and wants to squeeze the shorts and make AMC into a successful, profitable company. If he really was working with the shorts, he would have let AMC go bankrupt long ago and by now AMC would be trading at 0.00001 dollars per share. but instead Adam Aaron has consistently fought against the Shorts and the Bad actors trying any possible tactic to squeeze the shorts out of the AMC stock.

But now let's talk about this mother-in-law suit and about some of the massive figures involved. So this extract says the table below reflects the total aggregate bi-weekly order imbalances between the Mull and shares that were on deposit at the Dtcc and the beneficially owned shares that were reported by broker dealers to Broadridge. Now in terms of what Broadridge actually does: so this description says Broadridge has built a new Monopoly by Contracting with brokerages and Banks to send shareholder meeting materials to their clients basically trading platforms and Brokers send shareholder data to Broadridge in order to work out how many proxy votes are going to be needed or how many proxy materials are going to be required for annual meetings and shareholder votes. So Broadridge receives data from these Brokers and trading platforms on how many shareholders exist for Malin and how many shares they hold, and therefore how many votes they're entitled to.

But it seems these Brokers and trading platforms were reporting more shareholders and more shares in existence to Broadridge than what existed with the Dtcc. So basically, the Dtcc may have registered a flow of 180 million shares for Mullen, but Broadridge was collecting 200, 220, 250 million shares worth of votes now on various reporting dates through May June and July the number of shares reported by Broadridge and the number of shares held at the Dtcc were wildly different. There was total order imbalances of 1920 54 and 32 million shares. Considering a flight for Mullen is around 180 million shares, the existence of an additional 54 million shares means an additional 33 of the flow, which should not exist and has been synthetically sold.

Now with AMC, we know the float has been sold multiple times over, not just an additional 33 of shares, potentially 200, 400 percent, or even more. So it seems Broadridge have actually taken Mullen's side and helped prove the existence of synthetic shares not registered at the Dtcc. And obviously Mullen and Broadrich believe it's these Brokers and trading platforms that have helped sell these synthetics. Obviously, we know that synthetics are created in the first instance by these market makers using their bona fide Market maker exemption, but they're then effectively sold on these trading platforms by these Brokers to regular retail investors like you and I and soon these Brokers and trading platforms may be forced to cease and assist their illegal activities and obviously stop selling synthetic shares.

And while market makers can create synthetic shares if they can't short those synthetic shares and sell them to regular people like you and I that downward pressure on Mullen disappears. Because obviously synthetic shorting involves selling those shares without locating or borrowing them to regular retail investors like you and I. And obviously, if they can no longer sell or short those shares through trading platforms, that downwards pressure disappears and the squeeze happens. And that's why Daytrader POS added saying don't tell me it's been a Brokers and the trading platforms this whole time.

We can see from this separate table which Flex for each reporting date, the number of Mullen shares Defendant Charles Schwab reported a broadreach versus the number of Mallon shares held at the Dtcc in defendant Charles Schwab's account and it says defendant Schwab maintained persistent large imbalances between the amount of Mullen shares in its account of the Dtcc and the number of beneficially owned Mullen shares that are reported to Broadridge. Basically, Charles Schwab had been selling tons and tons of shares that should not exist and were not registered at the Dtcc. I Think it's absolutely incredible that Broadridge and Mullen have come together to expose these synthetic shares trading in the Mullant stock. And as I said, if this lawsuit has a positive outcome for Merlin I imagine it won't be long until Adam Aaron and AMC do the exact same thing.

and as a result it seems Citadel and other market makers are now transferring their synthetic shorts into offshore. Brokers As Boss blunts tweeted, he said, it looks like we found found yet another sacrificial company created to hold 590 million dollars in short positions of AMC created in January 2021. 590 million dollars worth of AMC puts are now held by a fund Incorporated in Puerto Rico and that fund was incorporated during the January 2021 sneeze. You can see Treloose Capital Advisors was incorporated 13th of January 2021 in Puerto Rico and Treloo's Capital Advisors is currently holding 134 million shares worth of AMC puts worth nearly 600 million dollars, but 134 million shares worth of puts would have been worth at its peak over 8 billion dollars.

We can see that's an absolutely massive portion of synthetic shares that have already been transferred into an offshore entity, and it wouldn't surprise me if Citadel and other market makers continue transferring all of these illegal puts offshore where there's very little jurisdiction. and Regulation and it seems potentially the reason why the market makers have started to transfer their positions is because Virtue Itg Canada was subject of an SEC probe back in December of 2020. virtuous subject of an SEC probe for marking short sales as Longs and Miss marking short sales. I'm sure the Virtue just took that acceptance waiver and consent, basically accepting all liability for doing everything wrong and committing illegal crimes, but just promising they won't do it again and paying a small fine.

It says that Virtue Canada served as an intermediary broker and rooted for execution sale orders for its customer. Cormac Securities Cormac Securities had entered into Virtue Itg Canada's execution management system as long sales over 200 orders. However, Cormac Securities did not hold any of these shares that were marked as long sales but were instead shares being shorted. But obviously Cormac Securities did not locate nor borrow any of these Securities and was therefore with the help of Virtue synthetically short in shares.

So this is just a prime example of how Virtue helps other hedge funds synthetically short companies illegally. And if this lawsuit with Mullen Automotive is successful, it won't be long until these Brokers are market makers can no longer synthetically short shares into the open market. Another Jeremy from Utah's tweet is saying to hold the SEC, the Department of Justice Finra, Dtcc and your brokerages accountable. He said: Adam Aaron does, doesn't run the stock market, He doesn't run Wall Street He doesn't own the New York Stock Exchange, the NASDAQ and the market makers.

He just runs AMC and does a mighty fine job. And this is why we need to hold the brokerages, the trading platforms, the market makers, the SEC, the Department of Justice Spinra, and the Dtcc accountable. These are the entities that are failing to do the right job. These are the entities ruining Wall Street and these are the ones that should be held accountable.

and it seems Merlin with their lawsuit is trying to do exactly that and hold the brokerages and trading platforms accountable and responsible for what's happened to their stock and their shareholders. But guys, be sure to let me know what you think of this modern lawsuit 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!.