Monday, August 9, 2021

#AMCEARNINGSDAY!!

AMC Earnings Call NEWS on 8/9/2021

1) AMC has executed 2 leases to add 2 new locations in Los Angeles, the highest grossing locations GROVE and Americana and should open this month. Might be 10 total new theaters, not just 2.

2) In 2021, opening a dozen new theaters in Europoe and Middle East.

3) Many new investors have provided great ideas about stengthening the company. Among those ideas were e-sports, concerts and gaming events. AMC will implete on these ideas. First 2 UFC showings in July did very well. New concerts with Chance The Rapper will show in August. Possible partnership with Gamestop.

4) AMC acquiring Arquit, a crypto entity, so AMC will accept bitcoin if purchased online at all USA locations by the end of the year.

5) AMC will accept Apple Pay and Google Pay by year end.

6) AMC Investor Connect, part of AMC STUBS, setting up a program for advanced screenings ahead of normal release dates.

7) 72 million reads on Adam Arons' tweets. He will engage and commit to listen to investors.

8) 5% admission price increase, on average only 50 cent increase, will strengthen the AMC bottom line.

9) AMC and UNIVERSAL agreement still in the works. AMC and WARNER BROTHERS agreement will give AMC exclusive 45 to 60 days first showings. AMC is in active dialogue with every major movie company.

10) AMC will have a new policy that Adam Aron will be required to hold a number of shares AT LEAST equal to the value of 8 years of his salary. Executive VP's will be required to hold 4 years. Senior VP will be required to hold 2 years. This proposal of having management HOLD shares will be voted on in the next shareholders meeting.


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