Oh something will happen.... just not by them. The SEC is about to be obsolete.....
This plan has been in the works for years. Countdown has begun and nobody noticed.
On March 22, RC purchased 100k GME shares. This gave him a total of 9,101,000 shares. Now we’ll come back to this later. On June 9, 2021 Gamestop released a 424B5 Prospectus for their 5 million share offering. In section 16, there is an interesting paragraph.
If a depository for a series of securities is at any time unwilling, unable or ineligible to continue as depository and a successor depository is not appointed by us within 90 days, we will issue individual securities of such series in exchange for the global security representing such series of securities. In addition, we may, at any time and in our sole discretion, subject to any limitations described in the applicable prospectus supplement relating to such securities, determine not to have any securities of such series represented by one or more global securities and, in such event, will issue individual securities of such series in exchange for the global security or securities representing such series of securities.
Gamestop announced a splividend and it was executed on July 18th (although delivered on 21st).
Now remember that 90 days limit for removing shares from the DTCC? 90 days from July 18th is October 16th, 2022.
Now let’s go back to the number of shares RC has : 9 1 0 1 0 0 0 If we flip the number 9101 upside down.
It reads a date,
10 / 16
I believe this is the day the blockchain stock exchange will be unveiled. LFG
I was going to put 10/16 on my calendar with a note, just in case your scenario happens to come true... and when I went to add it I saw that I already have a note on 10/18 that says "GME MOASS" lol. I can't even remember when or why I added that.
Oh something will happen.... just not by them. The SEC is about to be obsolete.....
This plan has been in the works for years. Countdown has begun and nobody noticed.
On March 22, RC purchased 100k GME shares. This gave him a total of 9,101,000 shares. Now we’ll come back to this later. On June 9, 2021 Gamestop released a 424B5 Prospectus for their 5 million share offering. In section 16, there is an interesting paragraph.
If a depository for a series of securities is at any time unwilling, unable or ineligible to continue as depository and a successor depository is not appointed by us within 90 days, we will issue individual securities of such series in exchange for the global security representing such series of securities. In addition, we may, at any time and in our sole discretion, subject to any limitations described in the applicable prospectus supplement relating to such securities, determine not to have any securities of such series represented by one or more global securities and, in such event, will issue individual securities of such series in exchange for the global security or securities representing such series of securities.
Gamestop announced a splividend and it was executed on July 18th (although delivered on 21st).
Now remember that 90 days limit for removing shares from the DTCC? 90 days from July 18th is October 16th, 2022.
Now let’s go back to the number of shares RC has : 9 1 0 1 0 0 0 If we flip the number 9101 upside down.
It reads a date,
10 / 16 I believe this is the day the blockchain stock exchange will be unveiled. LFG
I was going to put 10/16 on my calendar with a note, just in case your scenario happens to come true... and when I went to add it I saw that I already have a note on 10/18 that says "GME MOASS" lol. I can't even remember when or why I added that.
Boy I hope you are right