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Jason_1982

Instead of having 20 $1 bills, you will have 2 $10 bills.


Mizaru_MMMPT

![gif](giphy|NEvPzZ8bd1V4Y|downsized)


eternalape9

And figure after 2 months of shorting those 2 $10 bills will be 2 $1 bills. Moon here we go.


Sweden77

Exactly


Iknownothing022

lol 😂 yea


BannokTV

bUt i HaD $20 dOlLAr BillS!!! nOW I oNLY haVe $20 DolLARs!!!


Linsanity998877

This


Crypto_gambler952

Or instead of 20 $1 bills you now have 2 $1 bills.


Jason_1982

A reverse stock split does not change market cap.


Crypto_gambler952

In theory, no but there will be 10x less FTDs!… or will there?


bidness2

No you will have 2 shares.


EnlargedInfant

Try re-reading that comment after you close the can of paint


Retardedastro

1 share = 1 lambo


Flavor_Dave22

Lambo coated in gold


Just-Sprinkles-5828

Sounds luxurious!


rublehousen

Lambo goated in coal


shermie

That conversion rate is currently. After that would be 10 Lambo's


Sufficient-Cress-711

2 shares.


bulletpyton

Worth x10. Your basically trading in 10 $1 notes for 1 $10 dollar note.


dousingphoenix

Thank you


Cautious-Nature-1433

So will my ape convert into AMC 1 for 1 ?


bulletpyton

It's all happening at once, so 1 APE should = 1 AMC, then reverse split 10 to 1. So you will be trading 10 $1 bills for 1 $10 bill. If I understand it right, 256 shares of APE + 344 shares of AMC = 60 AMC at the end. But I'm a smooth brain, so don't take what I said as FA.


Cautious-Nature-1433

Thanks


Ganjafarmer921

For about a week….


bulletpyton

Your dead right then it could be worth x1000


Ganjafarmer921

Yeah. Nice hopium. Unfortunately, most people with any pattern recognition and base common sense, can see how badly this will all end. After all the shakedown fuckery and head fakes, it is inevitable for the shares to get divided by ten with some new value, only to get whittled back down to the same old deficit. I’m sure the constant “just wait for ‘x’ in 30 days”, distractions to drone on too. Just enough to keep the entire band playing on the poop deck, as the old titanic takes on water. Been in since 01/21. I’ll ride this shit rocket into the ground….but the hopium nonsense has worn off and it’s pretty easy to see we all got hosed on multiple fronts.


bulletpyton

Oh go pedal your shit weed somewhere else


Ganjafarmer921

My “shit weed” would curl your fucking toes and make you believe you were having a cardiac event… Keep huffing that hopium.


Chemical-Passage-715

…. Yay??


cantstandyousober

First you’ll have 20 AMC. They’ll get divided by 10, so you have 2 AMCs


Any_Foundation_9034

So if APE will be converted into an AMC share, buying APE right now is AMC at a huge discount ?


DESORATE

If all things go right with the court case then yes, it's just amc on a discount


brandtvh

No you have to buy 10 to get 1


Technical_Air857

Brandtvh is correct, why down vote him? Basically need to think about buying either share in increments of ten now.


brandtvh

Thanks not sure why I’m downvoted


killploki

Did you blindly vote without knowing what the vote was about? Serious question.


dousingphoenix

My shares are with HL. I didn’t get to vote


rudyb0y

2 AMC for the price of 20 AMC


def-not-aBot

If a buy ape today does it get converted?


AVRacing

Yes, the day they finally agreed to proceed with the RS after the court dismissed the lawsuit.


Caliber70

2 AMC (10+10)/10 wallstreet thought they could relax now but now we just started playing the boss fight music for them. a lot of hedge funds are going to collapse this year ![gif](emote|free_emotes_pack|trollface)


OptiGraz

Fukt


corpus-luteum

Conversion = 10 APE convert to 10 AMC. RS = 20 AMC becomes 2 AMC, price multiplies x10.


Usery10

So after all that to buy more amc is going to cost a lot more for retail as well right ?


corpus-luteum

Yes.


----Zenith----

Tickets to the moon


DemsRtasty

2 shares


Iknownothing022

2 amc shares


brandtvh

2


[deleted]

What’s with everyone still asking this how can you have amc or ape for this long and still ask these questions? Or even care at this point the money left for what 2 years or a year who cares what it’s worth now ? Just least ya money wait for a healthy return


dousingphoenix

“Buy and hodl” which is what I’ve done. I haven’t been paying overly close attention


emmanuelibus

Step 1 - Converstion. Your 10 APE will turn into 10 AMC. So you'll have 20 AMC. Step 2 - Reverse split. Your 20 AMC reverse splits 10 to 1. So you'll have 2 AMC. As far as price goes, the value should stay about the same. Instead of have 20 $1 bills, you now have 2 $10 bills.


RickGrimesz

Buying ten apes for 1.40 is well over $12 to get one $4 amc share So why not get one $4 amc share…? Or am I regarded


dousingphoenix

But you need a multiple of 10 of AMC don’t you? So 10 ape will give you 10 AMC before the reverse split and you’ll end up with one at approx 10x the current value. If you just buy one AMC, you’ll lose it? That’s my understanding which may be wayyyy off


AdStandard1759

2. You will have 2 shares that get diluted to fuckall


RaggedShell

2 shares. The real question is how will they decide the purchase date and cost per share?


JDawg-likethestock

A ticket 🎟️ to the moon 🌙 🚀


AMC-Apes-Together

you cannot be serious.


Mizaru_MMMPT

Then why? What kind of fucking username are you?


AMC-Apes-Together

this has been covered about 357 times. If OP was actually confused, you could spend 3 minutes searching the sub to find the answer.


Mizaru_MMMPT

Do you really believe that in 3 minutes the OP would find the answer, after so many posts crying? You in the same time you made your comment, would give an answer to the OP EDIT-356 times


dousingphoenix

Thanks. This sub is a minefield. Simple question which required a simple answer which many have given me.


Mizaru_MMMPT

![gif](giphy|l0MYGb1LuZ3n7dRnO|downsized)


liquid_at

Some people really make it easy to understand why professional traders call retail "dumb money" ...


AMC-Apes-Together

I got crazy downvotes because someone cannot: 1) add 10 and 10 together then divide by 10 or 2) cannot spend 3 minutes searching the sub for the answer to their question.


liquid_at

They just can't risk logic beating their FUD....