Didn't they issue another 40 million back in January during the first go around?Even AMC is willing to cash out a little for some tendies.... And to be honesty it probably makes a good move for them. It will give them a big influx of cash liquidity to help the business.
We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business, or macro or industry fundamentals, and we do not know how long these dynamics will last. Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment.
What are they supposed to say? “These price levels totes reflect fundamentals guys!”?
Because a room of lawyers writes the 8k and their job is to avoid getting skull fucked by the SEC. One possible reason is the Regulation Fair Disclosure. They have to make sure the same info is disclosed to the public as is disclosed to all shareholders. Now imagine what insiders holding shares have been discussing. That is why the 8k includes that line.Why do they have to say anything?