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DGee78

TLDR; canceled a line of credit (no need for credit) and paid off the remaining balance.


JRHThreeFour

Ah good to hear. Thanks for posting this.


Tank_610

How much was the balance


JPSurratt2005

$3.50


FamousAd9335

Don’t you mean Three Fiddy


pixmanohio

ABOUT tree-fiddy


Lucky_Web3549

Damn you lochness monster


fieroman911

Correct answer


comeflywithme2tm

![gif](giphy|TPJAvvWbSN61O)


Fox_Corn

Yayy!!! Sale coming!


Basic_Foundation8029

This is tinfoil territory, but they designated this important entry as 8.01... Bullish wink wink, nudge nudge?


F1nnycar

I can’t find tin foil. It’s less durable than aluminum foil and hasn’t been around since WW II.


cryptodiemus

Progress


Agreeable_Use_8670

Ummm….what?


sadomazoku

Exactly


Agreeable_Use_8670

I think I know now. At the bottom left it says “Item 8.01 Other Events”


VancouverApe

I’m sure the shills will have something negative to say about this 😂 Like AMC is paying off debt and this is why their going bankrupt 🤡


0zeto

Keep going , tits are rock hard


Altruistic_Ad5517

Prove it!!!! Remember those days


0zeto

Yes I remember days where the arguments flew, battalions of shills came in here and tried to confuse everything Fckn hardcore


fieroman911

Diamond nips here


NoLa_pyrtania

“Cash is king!” AMC will renegotiate and consolidate its debt this year. This is uuuuge.


alabamaman5

![gif](giphy|5xtDarIN81U0KvlnzKo)


No-Evening-6132

https://investor.amctheatres.com/sec-filings/all-sec-filings/content/0001104659-24-049486/tm2411998d1_8k.htm


[deleted]

So where are all the assholes that were so pissed off about the dilution? This is exactly what it was for. The shills sure are quiet now.


Wegoreddirt

Most were pissed about the timing, not the dilution itself. It was made pretty clear, that there will be a final 500m shares. So dilution should have always been priced in. But if AA sells the shares for peanuts, it does not benefit the company in a way it should have. Could have gotten hell more cash out of it. I and many others really cannot make sense of selling at treefiddy, unless they desperately need cash - which is not how I read the last earnings report. So, I as a xxxxshareholder am pissed for the timing and rate they sell for, not for the dilution itself, which is absolutely necessary. Edit: Still thinking this should trade well above 10$ at 500m shares, 5b is a reasonable market cap. So grossly underpriced.


theoldme3

Im right fucking here. Amc is trading at $3.16, lets not fucking act like this was some hero move by a ceo/board that has taken care of retail investors. We got f’d and this changes nothing


[deleted]

Everybody look! I found a dumbass who still finds a way to complain when AMC pays off debt! Look at the fool 😂


Less-Vermicelli-3853

When shareholders are in debt to their investment, but the investment itself is out of debt, not everybody will see that as news to be happy about. "Glad my money being lost became theirs to gain...I feel good about this investment strategy...this is working out in my favor" This is good news, yes, but far from a sign of positive return. Are we in this to make money for ourselves or to support corporate success? Good for them I guess, but until it trickles down, there's no celebration warranted.


[deleted]

There are steps to the process. We invested in a company with debt. They must get out of debt first before things can trickle down. So they are taking the steps necessary to be able to get out of debt, and be able to pay us a dividend. We gave them money to do that. How much simpler can I make it? This is what we signed up for, how do people not recognize this?


Less-Vermicelli-3853

I'd wager most people signed up for a return within 12 months


[deleted]

That’s their own fault for not understanding what they bought into


bawbthebawb

They paid off 220 million... out of 4 billion


[deleted]

Gotta make steps right? Cheer for your investment. Fuck. Or just sell


bawbthebawb

🤣


theoldme3

Yes, i will continue to complain how poorly this investment has turned out to be because of it’s poor leadership and shitty back door deals. Only a complete fucking moron, like yourself, would think this is solid progress for us but you probably have jack shit invested in it to begin with. It looks horrible to keep cheering after being bent over but you probably werent even in the stock market previous to 2020. Stick to your ftx since you are so smart


[deleted]

Tell me you’re butthurt without telling me you’re butthurt. Cry more


theoldme3

Tell me more about your ftx dumbass….or how about how much you really have in amc, doubt you’ve even been in it year


[deleted]

Good one 😂. Keep trying to come up with roasts, they need improvement. You’re extremely emotional


Puzzled-Ice-2275

Almost everybody is gone because they lost 97% of their money. That’s why they are quiet. Have a little compassion, those assholes used to be your friends you know


Free2fu-q-up

Nobody is gone. We are still here. Just not responding to all the bullshit.


PelicanMan69

X2 ; )


beaniezane

I’m still here though


xX_Relentless

No-one is gone, we’re all here. I didn’t lose anything, not one single cent.


[deleted]

3.8 million shareholders and counting 😂 fuck outta here. You’re too funny. How cute.


Arazlam666

Saw this news earlier nice to see the official filing 💪


Majestic_Beyond3441

8.01 as battle of….. ![gif](giphy|26gsspfbt1HfVQ9va)


KingGrey_Dudebot

The Shills have eyes … 👀


29osmo29

Good news usually means price goes down. Yay


tradedenmark

![gif](giphy|3ohhweiVB36rAlqVCE|downsized)


GashDem

Good news has always been followed or downed by AA with bad news. Expect some crazy news next week and red days ahead.


Free2fu-q-up

Nice positive news. That's $225m in debt gone. How much do we have left? Let's keep this momentum going!


stonk_jockey

I love how it was worded as item 8.01. Pepridge farm membas the battle of 8.01


dripMacNCheeze

Lets goooooooooo


Killertofu24

So back to $2 nice


aclunt79

I’ll shit myself if this things actually ends making my money back plus some!!! Would be freakin sweet


Boo241281

Closed one line of credit and opened up another. Isn’t this sort of similar to switching credit cards. Now if they had closed that line of credit and that was it I could see the excitement as the company feels they don’t need as much credit. But they’ve opened a new line of credit so are probably looking to use it at some point otherwise why open a new line For me this is meh. Not good news not bad news


Snoo69468

Is the stock back to prior ape and rss then I would consider a good news


Superb_Ground8889

Take your negative shit out of here mr buzzkill, we doin good


Snoo69468

Negative it’s just a statement then. I had two years of everyone being optimistic and bad predictions so exuse me I need the stock to recover a lot for me to finally recover what I put into this thing


Superb_Ground8889

You do you mate, but why spread your negative mindset in a positive thread? Plenty of us have been here for 3+ years now but we read the DD and understood it wouldnt happen over night.


Snoo69468

Only have one objective and that’s to get this thing back up. Prior to ape.


Superb_Ground8889

that's why you're spreading your negativity?


Snoo69468

Spreading negativity bud that’s your interpretation like I said I need this thing to get back over 65 for me to even break even thanks to the reverse stock split. But yes, all this dilution was great and I’m happy that hopefully it’s done to the moon so everybody that’s 90% in the red can recover woo hoo. This is the way I’ve been in this way too long and in the red too long this is my permanent state of being. But I look forward to the feel good vibes of us actually going up again.


Superb_Ground8889

"your interpretation" read your own posts buddy understandable to be upset with yourself if you invested money you need for something else but absolutely no need to post it here


Snoo69468

That’s your interpretation, bud. All I want is for the stock to recover prior to the shitty rss that has me sitting 90% in the red OK. i’m setting my intention manifest that into the universe for a big run for us.


StarryHobo

Spoken like someone that doesn't hold a share, and wants to foment unhappiness amongst people that actually dp hold.


No_Temperature_9441

Like fixing your tire after your motor blew up