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    StocksAndFinance: stocks and finance

    Wall Street news, accounting, stocks and finance posts here. None of the posts here is financial advice, please do your own research
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    Owned by:  luckieboy
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    top uploaded overall

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    good movie should watch.

    +1680
    By: meringueluka
    01/30/2021
    Hide
    313

    Stonks

    +1562
    By: timstarling
    01/28/2021
    Hide
    90

    impossible Spider

    +1468
    By: gypsydude
    03/31/2022
    Hide
    42

    brown Butterfly

    +1060
    By: alexco
    01/07/2022
    Hide
    65

    runtime predicted gratuitous Cormorant

    +998
    By: YeOldTimer
    02/08/2021
    Hide
    58

    guttural mindless Cockroach

    +973
    By: rephk
    01/29/2021
    Hide
    47

    once again

    +805
    By: anotherfyi
    05/11/2022
    Hide
    101

    different material readable Wasp

    +615
    By: chronoeagle
    02/01/2021
    Hide
    51

    LETS GOOOOOOOOOOOOOOOOOOOO

    +460
    By: besbciju
    01/28/2021
    Hide
    29

    bent Toad

    +455
    By: sweetrelease
    09/22/2021
    Hide
    12

    racial ---htingale

    +376
    By: orsis
    05/04/2022
    Hide
    37

    ---- the IRS

    +98
    By: jouten
    03/31/2022
    Hide
    8

    guttural Chinese

    Your browser does not support the video tag.
    +86
    By: orsis
    03/08/2022
    Hide
    3

    Oh boy here we go.

    Those willing to invest, cryptography is dipping so keep that in mind alongside your wallet. Let's wait for it to reach a low and buy before it might come back to full price

    Anything happened in the US to cause this?
    +87
    By: rolandlives
    11/18/2021
    Hide
    16

    I'm Late for the party

    +64
    By: memelore
    03/29/2022
    Hide
    6

    More GME ----ery

    1 more posts...
    +51
    By: tarotpharoah
    03/29/2022
    Hide
    6

    dysfunctional Dogfish

    +50
    By: alexco
    12/10/2021
    Hide
    3

    Dimon Yvan

    1 more posts...
    +42
    By: carlandy
    02/08/2022
    Hide
    5

    frequent Oyster

    1 more posts...
    +42
    By: skullranium
    10/27/2021
    Hide
    46

    Let's buy some options

    +38
    By: gypsydude
    09/18/2021
    Hide
    2

    newest uploads

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    intersecting Dove

    +13
    By: deathleprechaun
    05/13/2022
    Hide
    1

    once again

    +805
    By: anotherfyi
    05/11/2022
    Hide
    101

    racial ---htingale

    +376
    By: orsis
    05/04/2022
    Hide
    37

    Wtf happened?

    1 more posts...
    +8
    By: orsis
    04/22/2022
    Hide
    4

    closed Termite

    1 more posts...
    +5
    By: alexco
    04/19/2022
    Hide
    3

    Doge to the moon?

    +35
    By: memelore
    04/14/2022
    Hide
    9

    irate Sardine

    Watch this candle stick today, big announcement on breast cancer research trials this morning. And trending to break the 52w high today or tomorrow.
    1 more posts...
    +5
    By: thecrash
    04/13/2022
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    3

    New 8-k Filing. STOCK SPLIT!

    (This is NOT financial advice!)

    You need to login to view this link

    "On March 31, 2022, GameStop Corp. (the “Company” or “GameStop”) announced its plan to request stockholder approval at the upcoming 2022 Annual Meeting of Stockholders (the “Annual Meeting”) for an increase in the number of authorized shares of Class A common stock from 300,000,000 to 1,000,000,000 through an amendment to the Company’s Third Amended and Restated Certificate of Incorporation (the “Charter Amendment”) in order to implement a stock split of the Company’s Class A common stock in the form of a stock dividend and provide flexibility for future corporate needs. GameStop also intends to request stockholder approval at the Annual Meeting for a new incentive plan (the “2022 Equity Plan”) to support future
    compensatory equity issuances. If the 2022 Equity Plan is approved by stockholders, it will replace the current GameStop Corp. 2019 Incentive Plan (the “2019 Plan”), and 8,000,000 shares of the Company’s Class A common stock, plus any shares subject to the 2019 Plan that expire, are forfeited, cancelled, terminated or settled in cash after the 2022 Plan is effective, will be available for issuance under the 2022 Plan. GameStop’s Board of Directors has approved both stockholder proposals, but the stock dividend will be contingent on final Board approval."

    Definition: A stock split, also called a forward stock split, occurs when a corporation recalls its outstanding shares and issues more than one share for each previously outstanding share.

    There are currently 300m AUTHORIZED shares. Of those 300m authorized, only ~75m are ISSUED. Increasing the AUTHORIZED amount would allow a split of the ISSUED shares to not exceed the AUTHORIZED amount.

    Stock Dividend. First, shareholders and the board will have to approve a stock split to increase the amount of stock from 300m to 1b. Then from that split, each shareholder will receive a dividend payment in the form of stock.

    Gamestop might also be planning on DPO'ing GME-E onto blockchain exchange.

    GameStop will issue a carve-out of GME Entertainment, this will be all of the things not associated with traditional e-commerce products. This will issue new stock/tokens onto their blockchain exchange. This precedence was set by the Slack lawsuit ($WORK), and requires a tombstone pr announcement and a share recall/count happens after announcement. I would guess as a dividend they would also issue shares/tokens of GME-E to existing shareholders.

    GME's hire posts have had "carve-out experience" in them, here are some examples:
    4 more posts...
    +30
    By: orgasmpirate
    04/01/2022
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    33

    ---- the IRS

    +98
    By: jouten
    03/31/2022
    Hide
    8

    impossible Spider

    +1468
    By: gypsydude
    03/31/2022
    Hide
    42

    More GME ----ery

    1 more posts...
    +51
    By: tarotpharoah
    03/29/2022
    Hide
    6

    I'm Late for the party

    +64
    By: memelore
    03/29/2022
    Hide
    6

    all-round Beaver

    +12
    By: spinch
    03/24/2022
    Hide
    1

    excellent Grouse

    +29
    By: fodero
    03/17/2022
    Hide
    1

    /biz/ anon sings The only thing for Real

    All that's missing is Chris Voiceman doing the dub.
    +33
    By: mortuz
    03/08/2022
    Hide
    4

    guttural Chinese

    Your browser does not support the video tag.
    +86
    By: orsis
    03/08/2022
    Hide
    3

    living Emu

    +1
    By: fluffysteal
    02/25/2022
    Hide
    0

    protective Dinosaur

    1 more posts...
    +4
    By: fluffysteal
    02/25/2022
    Hide
    7

    *moaning in ---ish*

    1 more posts...
    +8
    By: fluffysteal
    02/24/2022
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    2

    anxious Chinchilla

    2 more posts...
    +17
    By: alexco
    02/22/2022
    Hide
    3
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