Let’s review their business model.
Charge cut throat pricing to access movie theaters, instantly losing money for shareholders.
Subsidizing business model via onerous share offerings that hurt shareholders.
Attempting to disrupt theater business long enough to extort theaters into sharing in concession stand profits.
Literally the same business model as the Italian mafia, sans the legitimate facade of having a publicly traded majority shareholder and ability to tape capital markets.
New offering disclosed in the after-hours, sending shares sharply lower, yet again.
If you were AMC, would you ever cave into these faggots?If you enjoy the content at iBankCoin, please follow us on Twitter