New ape with small xx. What is the essence of this online vote, and what should I vote for?
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New ape with small xx. What is the essence of this online vote, and what should I vote for?
Hello Q-Ape... essentially you would want to vote "FOR" all items... assuming you want the MOASS to happen. If you'd prefer HJ's behind the 7-11, you could vote against everything.
The Board? "FOR" - Why? They helped get us where we are.
The items below? "FOR" - Why? Establishes incentive (dividend), Deloitte accounting contract, and most importantly the increase of shares available to initiate the stock split.
Why does the stock split matter? Well, two reasons:
When any stock splits, all outstanding options/calls/puts/shorts/etc. need to be liquidated - it essentially forces all of the hedge funds to settle their balance, and should* expose tons of synthetics, triggering the MOASS
If for some reason this doesn't immediately trigger MOASS and the hedgies play kick the can post-split (though I don't know how they could), the share prices are reduced significantly in tandem with the split while your aggregate value remains the same (7x your shares = 7x less per share, same cost basis), allowing a major anti-FOMO sale to occur, making the pressure on the corrupt Wall St. cronies/hedgies significantly worse.
Source: XXX hodler but still not financial advice.
"Every vote counts!" ~ Dominion Voting Systems, Inc.
To ObviousStatementMan : XLNT explanation and major thanks. Allow me to shake your hand with my opposable thumbs. BTW never heard of HJ's behind the 7-11. Free with Slurpy? I prefer MOASS in my account - not my pants.
Word. Hat tip to you good sir. See you on the other side.
(still laughing)