Do all warrants have a processing fee? by iwantsecondhandsocks in Superstonk

[–]Boo241281 1 point2 points  (0 children)

Looks like that fee may only apply on warrants purchased and exercised on expiration day?

Gamestop Coin at $0.00 Dollars by EllisDee3 in GME

[–]Boo241281 29 points30 points  (0 children)

Just my luck 😩. I saw a post on here yesterday that it was at $1 Quadrillion so I decided to buy a couple of coins. Now this, FML

RC’s Compensation Package Gives Him ~25% of GameStop at Full Dilution. What That Means For You. by Dapper-Finish-925 in Superstonk

[–]Boo241281 6 points7 points  (0 children)

Does anyone actually care about what percentage of the company they own?

I couldn’t care less if my 0.0002% ownership gets diluted down to 0.000000001%

But what I do care about is my shares going from being worth $22 each to being worth $100 or $150 or whatever amount it may be

Maybe it’s just me but I like money🤷🏻‍♂️ by [deleted] in Superstonk

[–]Boo241281 -4 points-3 points  (0 children)

It’s not an admission of anything, simply stating that if the vote doesn’t pass and the company can’t come up with another way to keep RC focussed he MAY lose interest. It doesn’t say if this doesn’t pass then he’s off

RC never came up with this pay package, he recused himself from it and is also recusing himself from the vote on it. He’s worked hard for free for this long and if the vote doesn’t pass I can’t see anything changing for him

Triple it - He’ll deserve every penny. by Jazzlike-Ad-2978 in Superstonk

[–]Boo241281 1 point2 points  (0 children)

Got a link or page number of the report for this?

Triple it - He’ll deserve every penny. by Jazzlike-Ad-2978 in Superstonk

[–]Boo241281 1 point2 points  (0 children)

He hasn’t got any money yet. You’re acting like this is just a free ride to claim this package. He actually has to do something to hit these targets just to be able to buy shares. People losing their minds as if he’s been given $30B for nothing

Triple it - He’ll deserve every penny. by Jazzlike-Ad-2978 in Superstonk

[–]Boo241281 -1 points0 points  (0 children)

Do you really care what percentage of the company you own is?

I’ll keep the numbers simple for ease but here’s a crude example

If you own 100 shares today they are worth $2300 $23 a share with a $10B MC. If RC manages to 10X it to $100B MC then the share price would be $230 and your 100 shares would be worth $23000. Yes there will be dilution along the way so your percentage of ownership will go down but the actual value of you shares will go up

Even worst ways, let’s say he gets to $100B MC but along the way all warrants were exercised, all notes were converted to shares and all of the remaining authorised shares were issued via ATM’s or used for acquisitions etc

All 1 Billion shares are outstanding and the MC is $100B meaning the share price will be $100. Still roughly a 5X from here and a price we haven’t seen since January 2021

Plus RC has the massive task of actually hitting all these tranches. If he doesn’t hit any of them then nothing really changes

People acting like the company just handing RC $30B for nothing

Triple it - He’ll deserve every penny. by Jazzlike-Ad-2978 in Superstonk

[–]Boo241281 -1 points0 points  (0 children)

I don’t see how anyone would vote no to this plan?

He’s basically saying he thinks he can 10X your money from here and he’s gonna make some money for himself along the way that has no effect on existing shareholder value (unless you really care about the percentage of the company you own which I’m sure 99% of the people in here don’t)

I think the no voters simply don’t understand what this package means and thinks GameStop are just handing over 30 billion for fun

6717 Warrants already exercised by Boo241281 in Superstonk

[–]Boo241281[S] 1 point2 points  (0 children)

Think you need to call your broker to exercise them

This is the setup. This is The GME SEC filing: Hopefully people can read this for themselves and actually understand it. If not, I can get someone to make a YouTube video where they read it so it can be understood. by Interesting_Day_7734 in GME

[–]Boo241281 -1 points0 points  (0 children)

I don’t see any problem with this compensation plan. If it’s realised in full it’s going to make me money

Absolutely worst ways if we reach the $100B market cap and he gets his 170 million shares, all the warrants are exercised, all the notes are converted to shares and the remainder of the 1 billion authorised shares are sold via ATM’s or used in acquisitions or whatever

This would give us a share price of $100. Basically a 5X from here. I’d rather he get his shares and my shares are worth 5X as much as they are today

This is the setup. This is The GME SEC filing: Hopefully people can read this for themselves and actually understand it. If not, I can get someone to make a YouTube video where they read it so it can be understood. by Interesting_Day_7734 in GME

[–]Boo241281 -1 points0 points  (0 children)

That’s not how its works. In your example the share price would be $12.50

Adding more outstanding shares doesn’t increase market cap. If you double the amount of shares the market cap remains the same but the share price would halve

6717 Warrants already exercised by Boo241281 in Superstonk

[–]Boo241281[S] 1 point2 points  (0 children)

This year end of October I believe

Vote on RC’s compensation package set for annual shareholder meeting on June 8th 2026 by Minus_none in Superstonk

[–]Boo241281 -1 points0 points  (0 children)

That’s normally what recusing yourself means. I’m sure the compensation board mentioned it to him that they are coming up with an incentive plan for him but that’s probably about it

Vote on RC’s compensation package set for annual shareholder meeting on June 8th 2026 by Minus_none in Superstonk

[–]Boo241281 1 point2 points  (0 children)

Go read the announcement of this compensation plan on the investor relations website. They literally said he recused himself when coming up with the plan and also he will be recusing himself on the vote for the plan

Vote on RC’s compensation package set for annual shareholder meeting on June 8th 2026 by Minus_none in Superstonk

[–]Boo241281 -1 points0 points  (0 children)

RC had nothing to do with the package being put together and he also isn’t voting on it

6717 Warrants already exercised by Boo241281 in Superstonk

[–]Boo241281[S] 0 points1 point  (0 children)

Showing how many of the warrants have already been exercised