CEO ADAM ARON LIVE COMMENTS ON RH STOCK TOKENS:
"A few weeks prior to public commentary, Robinhood started to boast about offering stock tokens outside the US - to "non-US persons" - that was a new development by RH.
We found the practice to be abhorrent. They were marketing fake synthetic stock token securities offshore, not complying with US securities laws - through some subsidiary through the island of "Jersey" - and we called them out on it.
In particular, the response to my tweet on the subject, RH Ceo Vlad - responded "Whats the Concern" and I ANSWERED HIM. I TOLD HIM what the concern was, and my comment was quite blunt.
I should point out that the exchange is on X - on the tokenization issue - had ENORMOUS readership so I knew that the subject was of great interest to our shareholder base... my tweets were being read 50-100 X more than the typical tweets that I might issue.
I was very pleased that just a 2-3 weeks after this on twitter the US SEC actually came out with a ruling about stock tokenization - in the US - and made it clear that guidelines for stock tokenization efforts that were occur in the US - were parallel to some of the observations that I made on Twitter.
The most important of those were that companies like @AMCTheatres would be able to object and not participate in the tokens if the company chose."
I think that was a great ruling and RH said they would "accept" the ruling in the US - and I pointed out to RH that it wouuld be highly hypocritical to follow the US rules but continue to issue stock tokens in their "Jersey" subsidiary in the channel islands - not in the US - and it's a practice that we find objectionable and the SEC has weighed in very clearly trying to lay out some rules to the game going forward.
I WILL tell you that we take AMC trademarks to be a very sacred asset of this company and we'll be taking STRONG ACTIONS, VERY STRONG against anyone who infringes on our trademarks.
WE'RE AWARE OF WHAT'S GOING ON, AND INTEND TO PUT A STOP TO IT.
- @CEOAdam quote
youtube.com/live/sLf4oRGKC…
AMC CEO Adam: "We are very bullish about the movie industry. This year 2026 is going to be a particularly strong year compared to the last 6 years - and especially in 2028 the movie slate is to be even bigger"
youtube.com/live/sLf4oRGKC…
$AMC Moody’s upgrades AMC rating to B3 on debt refinancing plan
The upgrade reflects AMC’s substantially improved credit profile with operating momentum, cash flow at a break-even inflection, lower financial risk and reduced refinancing pressure.
investing.com/news/stock-mar…moodys.com/researchandrat…
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