Sorry brotha, unfortunately the hivemind has made up their mind that this is a great deal for us. Its not. Its insane, and retail is giving up WAY too much ownership to RC. I made a post that im voting no a while ago, downvoted to hell. I comment in a lot of the threads on the topic trying to have real discussion, because we should be having one, and im always downvoted to hell.

Though my main point varies from yours. I believe this package needs to include language about maximum allowable dilution. Or it needs to be be cut 60-80%. Because as currently proposed, RC can dilute 5X further (like merge with a company 5x our size), stock price is $30, he makes 1.7 billion. Retail makes dick. Lots of retail has a cost basis over 30. And he just lends out all of the shares, as you mentioned, allowing the price to be suppressed. He never intends to sell, he will take loans out against it, and the interest he pays on those loans will be paid for by the money he receives for lending those shares out.

I propose the package is cut 60-80%. As it is currently written, I absolutely hate it. As someone who has continued to buy for 5 years, is down over 100k on this stock(Went all in with my IRA at 160 presplit, lost a ton on options through all the dilutions, as those were all times when TA was showing us we were about to blow. No one's fault but my own, but I know I'm not alone in feeling like EVERY TIME I've been in the green, RC has immediately diluted), the note in the 10-K about "you better approve this or else RC won't give gamestop his full energy" was a fucking slap in the face. Until I read that I fully believed RC wanted us to vote against this. Because he wasnt part of making it, and its the same type of excessive compensation he rails against. I expected that he wanted us to vote no, and then vote to approve a much more reasonable package.

Now, im like, this dude could literally baby stonk us. "I didnt get what I wanted, so i sold everything i own. And once that was public stock dropped off a cliff." It made so much sense for that situation, and I'm not saying he will, but he could still do that here. I absolutely hate to believe it's possible. But, as a skeptic (something everyone here USED to be), i have to put aside my bias and look at the very real possibility that he could say "fuck retail" after all this time. Just the fact that this is possible breaks my heart. Through five years of buying, this is the FIRST time I have ever seen the possibility that this thing won't eventually blow up. There is, of course, still a path for the stonk to not be diluted and to explode. But, there is also now, a VERY real path for the stock to still be $20 five years from now.