Welcome back to the channel everyone today, i want to build on my video from yesterday about mark cody's secret amc plan. His plan is now actually confirmed and he's released some further details. I also want to talk about amc's float now successfully being logged, so stay tuned and let's make some money - and i want to dive straight in with the key information so mark. Cody's is plan, explained and it's a digital security dividend and the poster said.

Let me make this more clear since there's already fud in this thread, mark hodes explicitly said on a twitter space is cool. I am going to work with amc on offering a digital security dividend. This is not speculation, and this is what the plan is, but first a little background. Overstock.Com stock was basically the original amc and gamestop.

It was targeted by short sellers, ironically, including most notoriously mark hodes himself, mercilessly the ceo of overstock patrick barron, was leading the charge against naked shorts for years, including lawsuits against codes which ended up exposing goldman sachs and other prime brokers's abuse of it so cut to Last year and byron executed a plan to blow up the shorts once and for all, overstock owns a majority interest in t0, which is the only crypto platform that has been approved by the sec and finra to deal in digital securities. Tzo's long term plan is to become the blockchain stock market that we all want and need. So last year, overstock created a digital version of the overstock stock and gave out tall shareholders as digital security dividends. Through the t0 platform, there were lawsuits which overstock ultimately won, and this is also really really important.

Many hedge funds tried to sue overstock for issuing that digital dividend, but the court ruled in over stock's favor and now that's set a president. So, basically, if any hedge funds try to sue amc for issuing a digital dividend, it basically just gets instantly thrown out in court and say yep refer to that previous lawsuit. We ruled in favor of overstock, so we're going to rule in favor of amc. Now, during all of this codes and byron made up and kahodez became long overstocked and is a minority owner of t-zero as well.

So obviously the plan is for kohodas to team up with adam aaron and to issue a digital security, or maybe an nft and give it out as a dividend, so they're going to create one digital security for every one share of amc that you hold. You must receive one digital security for every one share, so there should be around 513 million digital securities. But obviously, if there's 2 billion shares being held, there's going to be a massive problem because not everyone's going to receive a digital security and it's going to expose the naked shorts causing those short hedge funds to cover and buy back those naked shorts. So everybody can get the appropriate amount of digital securities.

In my previous video, i made a little bit of a mistake because i accidentally said 2 billion shareholders and, i meant to say 2 billion shares, as in 2 billion synthetic shares being held now. Obviously, as i also covered, amc can't technically issue a cash dividend at the moment because of their lost reserves and their debt, but this doesn't really apply for nfts or digital securities as they're free to create and therefore have no real value. Alternatively, amc could just gift these nfts or digital securities to every shareholder for every one share owned. Instead of declaring a technical dividend and someone actually direct messaged mark hoda's on twitter and asked him specifically about his plans with amc, they said i feel, like my tweeter, you prompted at least part of your earlier tweet thread.

Reddit is speculating your suggestion for adam aaron. Will involve an nft dividend? Is that even a possibility either way? Thanks for your insight, not necessarily expecting a response and mark codes actually replied, saying sure it is as in sure the suggestion with adam aaron will involve an nft dividend, but not an nft. The way most people think of an nft. Therefore, at the moment, i think most people are thinking of an nft dividend, but i think he's more on the root of a digital security gift and therefore it won't technically be a dividend and they can still get around and issue this gift.

I also wanted to thank you guys massively you've been loving the content recently and a lot of you have already signed up with moomoo because of that mumu have given me an exclusive opportunity and i'm one of only four youtubers to receive this opportunity. All thanks to you guys, moomoo's new massive promotion gives you three free stocks. When you sign up and deposit at least a hundred dollars, you get one free stock, valued up to 350, a second free stock of neo, which is the exclusive stock that only my subscribers receive valued at around 42. And if you deposit two thousand dollars, then you also get a free share of general motors valued at around fifty eight dollars.

So that's around a hundred dollars in free stocks, just for signing up with moomoo and depositing at least a hundred dollars. You could always sell those free shares and get three entirely free shares of amc just for signing up now. I also wanted to touch on amc's log the float website, which has been set up by user of intellect and a number of other apes. If you haven't already seen log the float, the website is loggedfloat.com and it enables you to log your shares without having to provide personal information and register with a website like say technologies.

All you need to do is provide a screenshot which you can do anonymously or you can sign up using a username and password if you wanted. So if the amc float of 513 million shares, around 270 million of those are held by institutions and 1.1 million shares have already been logged on logdafloat.com. Now they haven't yet factored in drs shares. Yet and hopefully that's a fact that they do include shortly because they have included it on the gamestop portion of the website, but so far we can see that 53 of the float has been logged.

So far by us apes, only 1.1 million shares have been locked, but the good thing is that so far of those 1 million shares logged there's an average of 2 351 shares held by each individual ape based on those previous numbers of 400 000 shareholders. That's at least 900 million shares of amc. Obviously, that's way over the authorized float and shows that there absolutely is synthetic shares going around, and this is exactly what mark cody's is going to help expose causing those short hedge funds to cover those naked shores. Now i also wanted to talk about the amc plan for this coming week.

Obviously, last week we had this nice green move back upwards towards the 40 area to stay back on track with what we saw in may i'd expect a small pullback to around the 38 39 area before blasting off next week. As you can see back in may, we saw a touch of the high and the low of the wedge, which we've also seen exactly the same thing. Last week we're also seeing an almost identical volume pattern, as well with decreasing volume over the previous few months, with a small pop back up last week now i also wanted to touch on adam aaron's recent tweet, discussing the amc earnings that will be released today at 5 p.m: eastern standard time more than 10 000 people listen to each of our last two amc earnings calls a reminder: you are all invited to our webcast quarter. Three earnings called tomorrow monday at 5, 00 pm eastern.

Once again, we will be answering your questions from individual shareholders join us using the link below now. I also wanted to move over and talk about loop ring and how high loot print can go. Obviously, at the moment, loopring are working on a partnership to create an nft marketplace. Gamestop are also working on a partnership to create an nft marketplace and there's a lot of speculation that loot, print and gamestop are working together in my previous videos over the last week or two, i've basically confirmed this.

Looking at all the leaked information that has been leaked by loot print and by gamestop as well, so the current market cap of loot bring is 1.8 billion dollars at a price of 1.35 per coin. I personally have very high expectations for loot, brings future price and value, but consider for yourself where you think it could go. I can personally see the market cap going over a hundred billion dollars in the long term and feel that it would definitely rise into the top ten with a market cap of over 10 billion. Very soon, if blueprint reaches the market cap of binance or 110 billion dollars, then loot print coin would be 82 or a 61 x.

From its current position, although loot bring, is not a mean coin, it may seem mean coin level hype or attention in the near future, based on genuine fundamentals proven by their partnership and due to the ability to use their new wallet without gas fees, they're. Also, creating a new free wallet because previously to set up a specific loop, bring wallet it costed around a hundred dollars. Now, obviously, if you buy your loot print through a place like coinbase, that's not really too applicable, although you obviously do have to pay transaction fees. Personally, this poster thinks it's going to be the perfect storm of buying pressure and demand.

Speaking about gamestop, it's very interesting that a number of amazon executives are quitting their job to join a brick and mortar company. Gamestop ryan cohen must be pitching something real real nice. So vinay patel, a business coach at amazon, said surreal. Never thought this day would come after almost five years at amazon.

Today is my last day somebody commented on his post and verner replied saying i had an opportunity that was very hard to walk away from hope. You're doing well and the commenter said: please don't tell me: we lost another teammate to gamestop, that's great vinay, very happy for you. The commenter was a finance director of u.s grocery at amazon. So it seems that a number of people in the amazon finance team are also going to gamestop as well, and finally, i also wanted to talk about the cager group making another missed payment which triggers fresh china property fears.

Fresh concerns have been raised about china's property sector, as casey group has become the latest developer to miss a payment to investors. The crisis at evergrande has triggered fears that its potential collapse could send shockwaves through global markets. Friday's filing for the hong kong stock exchange did not give a reason for the trading suspension in the cager group shares before the suspension. Casia, which had a market value of about 1 billion dollars, saw its shares, hit a record low on thursday after falling a whopping 15.

The shenzhen-based developer said on thursday that it's facing unprecedented pressure on its finances due to a challenging property market and downgrades by rating agencies, which makes it more difficult for it to borrow money. This is the real massive problem here, because evergrinder is in such a sticky situation. Ratings agencies are downgrading pretty much all chinese property developers, basically making it impossible for them to borrow more money out of the chinese property sector. Their total combined debt is estimated to be more than five trillion dollars according to japanese banking giant nomura, and this is exactly why evergrande could trigger a global financial crisis as it's about to leave a 5 trillion hole in the world economy.

That's almost the size of japan's economy, just pretty much disappearing overnight, guys be sure to. Let me know down in the comments below what you think about the confirmed: amc, nft, crypto dividend and what you think about adam aaron and mark hoda's working together. And if you haven't already be sure to sign up to moomoo, using the link in the description down below to get those three free shares, because at the end of the day, everybody loves free money and as always guys. If you enjoyed this video be sure to check out some of my others, alternatively, subscribe to the channel and ding that notification bell, because that way, you'll be alerted.

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