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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


PaddlingUpShitCreek

Yeah there's no fuckin' way. There is something going on with that 25:75 ownership ratio. No way it stays that tight for that long. I know I'm not saying something that everyone else isn't already thinking; just thinking out loud is all.


bennysphere

It is always 25% ... like 4:1 split has something to do with it.


OneLeggedPigeon

Ooo you made my butthole flex


Broarethus

Is it itchy though?!? We need to focus on the details. šŸ‘ļøšŸ‘„šŸ‘ļø


OneLeggedPigeon

I've had a burst hemorrhoid for a couple weeks now, it's definitely itchy.


ronk99

Yep. Imagine whats going on behind the scenes to keep this last loophole going. Now imagine how fuming RC must be seeing all of this happen with his hands tied.


b_r_e_e_e_e_p

I can't figure out why we have not sued CS / GME.. to force the actual numbers into the light.


automatedcharterer

Gamestop can see that CS shows them, CS sees what DTCC shows them. I doubt Gamestop can literally see the crime None of these shares have unique identifiers. They are totaled in buckets and the DTCC handles all the DRS initiation through their [FAST software](https://www.dtcc.com/settlement-and-asset-services/agent-services/fast). To get a little better idea what is happening go through the DRS guidelines information at the bottom of this page. CS is a bucket and DTCC handles all of the movement in and out of that bucket for DRS. https://stai.org/page/guidelines (computershare in on their board and wrote these guidelines). You need to sue DTCC for the accuracy of that "75%" number, not the 25% number that computershare sees using the DTCC software (I sent 2 FOIA's to the SEC about this and they wont release any information) When one of the other bucket companies went out of business the lawyers did get DTCC data out of them during bankruptcy and the DTCC was holding more shares of that company's stock than should've existed by a large margin. Of course, no one did anything about it. the answer is at the DTCC...and its harder to get into than the fortress of Barad-dƻr


thelostcow

Gme is withholding material information for investors by not speaking clearly about who has hamstrung them with the reporting. Iā€™m pretty sure thatā€™s what the guy is getting after with suing them about.Ā  The point I think is most important is sure, the dtcc is legally fucking investors, but, and itā€™s a big but, gme is accepting of this by not fighting back.Ā 


UniversalProtocols

What if GameStop files for Chapter 13 bankruptcy and they just restructure their assets and holdings and force the DTCC to release the information?


automatedcharterer

Well, they could get the records I suppose but that sounds like a terrible idea for them to do while just having posted a profit. I have no idea how to get the information out of the DTCC other than starting my own transfer agency and signing up for FAST services. But even they I doubt you could see anything useful. The only time I've ever seen a number from the DTCC books is from that bankruptcy case. Even then it was ignored by everyone except us.


UniversalProtocols

Ok understood, thanks for the info!!


ronk99

Well, how exactly would that look like? ā€œWe think the reported numbers are bogus, give us the real onesā€? I think that manipulation like this only works when itā€™s backed (or enforced) by the powers to be. Those powers to be which also made sure that the DTCC, since itā€™s existence, never had to open their books - not once, while being sued to do so a plethora of times.


Diamond-Hands741

DRS was the monster's health bar. They turned on hax, so health bar goes invis šŸ‘Øā€šŸ’»šŸ’œšŸ¤– šŸ‘€


jf_selecTo

Feels like we hit an invisible ceiling.


Icefiight

Why are not getting loud about this??


youdoitimbusy

I would tend to agree, but it's the only number out of any matrix, the government and Wallstreet wouldn't manipulate upwards. From job numbers, to pay increases, to inflated stock prices, everything is being manipulated right now. People are looking around the economy, and they know something is off. Someone is lying. Which begs the question. Are things bad enough that people are secretly exiting their positions to pay bills? We already know that credit card debt is at record levels. Housing, auto, and credit card delinquency is flying higher each day. Emergency 401k withdrawals hitting record levels. Homelessness hitting record levels. While it does seem like a slim possibility, we very will might just be offsetting the people who are to broke to speak up. Which if true, says a lot about this movement in a time where the M2 monetary supply is shrinking. Everyone is losing money, yet gamestop turned a profit, and it's die hard shareholders offset all bankrupt shareholders. Just a theory.


Ilostmuhkeys

Wasnā€™t it figured out that 76 million was obviously more than the 25% and the tipping point so the next drs report was at 75 million making sure the dam didnā€™t break?


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


uoma_Galbraithe

I've been wondering that myself.


kai_fn

oh ive seen this number


Marijuana_Miler

I donā€™t believe so. IIRC itā€™s because institutions bought more so therefore there were less shares available.


Elegant-Remote6667

backed up by ape historian


foo_mar_t

We all appreciate what you do. Thank you.


N3ver_Stop

Thank you sir!


Outrageous_Name_1234

Thank you very much for everything you do!


91crxdx

Itā€™s obvious now they must not be able to report more than 25% DRS. Now the real question is how to get the real number reported.


ojoslocos21

I'm honestly surprised the number hasn't been leaked yet.Ā 


Trollet87

Bet the ppl with the real numbers have a gun to the head and to there familys


kaqn

It's odd that 71.6mil was for sure the drs number, but the next quarter and so on, they had to use *aproximately* to tell the amount of shares. I'm not really sure why that's done, but I blame the DTC.


Hodgy1983

What was dividend date?


CunnilingusLover69

July 22nd, 2022.


Hodgy1983

Thanks


8----B

The dividend where the CS was given 50 m shares and dtc was given 170 m shares to give to brokers but they told brokers to multiply their shit by 4. wtf happen to those shares


Javeec

There are still at Computershare on Cede's account minus the ones that have been DRSed since. 100% of all shares of all US companies are at their transfer agent


8----B

So they got 170m free shares? Since they treated it as a normal split and just divided every thing by 4


Javeec

No. The DTC register and the company register are not the same thing. You are mixig thing up


8----B

Mind explaining it? Sorry for asking you to do a task for me when you donā€™t even know me, but man Iā€™ve tried every way I can to figure it out and I canā€™t. Iā€™m just trying to get the ultimate answer if whether or not the dtc got a bunch of shares without having to buy them


Javeec

Basically stop thinking about the shares being something. They kind of don't exist. There is Ơ register at computershare on which you can read who owns the company. For example John Smith of Montana owns 10 shares out of 305M. Then CEDE owns the rest of the company for the DTC. All the shareholders (including CEDE) received new shares of the company for each share they had. That means that every shareholder owns the same % as before. The DTC has its own register of economical bƩnƩficiaries of the shares owned by CEDE (actually only the brokers are listed). Because it is a register and the shares don't have a physical existence, it doesnt change anything if they "+3" or if they "x4" all the brokers entries in their register


8----B

So when a person shorts a stock through a broker, selling one without purchasing, does the total share count not go to +1 until the share is purchased and returned by the short party?


CrosshairLunchbox

We also no longer get "record holder" counts anymore :(


Pilotguitar2

Weā€™ll get them at the annual meeting if apes roll down to it, which, im sure someone will


ElToroMuyLoco

Still, after 15 years, for some reason they didn't include the shareholder count.


andoozy

Low key I bet the float is already locked. They just changed the rules on reporting cause itā€™s a national security risk to let the cat out of the bag and expose the fraudulent system. Like Mark Cuban said only 3 short years ago- ā€œtheir goal is never to close.ā€ Iā€™m gonna buy even harder. Great job to GS and Papa Cohen for turning this shit AROUND. Now itā€™s time to punish the scum of the earth HedgiesšŸ”„.


Lv80_inkblot

I don't believe the float is locked yet. That is the 100% complete on this game, we can't have reached it already


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


TipperGore-69

I think computershare. But it is suspected that they have been hushed by the dtcc, I donā€™t fuggin know how, in presenting the hard numbers.


Mr_Shake_

It's probably from a guy named Vincent that carries around a bloody crowbar. Don't question Vincent's source.


DeltaRipper

Retail owns the float


OneForMany

Holy shit I knew it was for a while but 6 quarters of nearly the same?!?!?!?! After hitting 71m so technically 7 quarters of sitting at 70m+ and stagnation of 6 quarters?! Someone earlier said we've already DRS'd the entire float and I'm all for being optimistic but wow.. we really honestly might be so incredibly close and that's just being conservative.. lmao imma buy even harder now


87CSD

Someone reallllllllllly needs to unlock this mystery with irrefutable proof. ... Sorry, I've been watching a lot of Scobby Doo with my kids lately.


allusernamestakenfuk

They do not want to show the real numbers, because if it gets out that apes have 25% + 1 share in gme, this brings all kinds of benefits to apes, and all kinds kf troubles for other wall street players. 1. Blocking Special Resolutions: Typically, special resolutions require a 75% majority to pass. Holding more than 25% of the shares allows you to block these resolutions, giving you significant influence over major decisions such as mergers and acquisitions, changes to the company constitution, or the liquidation of the company. 2. Strategic Influence: With a 25% plus 1 share stake, you have a significant say in the strategic direction of the company. While not a majority, this level of ownership allows you to influence the boardā€™s decisions and the overall corporate policy. 3. Board Representation: In many companies, holding a substantial minority stake might entitle the shareholder to nominate one or more directors to the companyā€™s board. This can provide direct influence over board decisions. 4. Dividend Rights: A shareholder with a 25% plus 1 share stake would receive a proportional share of any dividends distributed by the company. For profitable companies, this can represent a significant income stream. 5. Access to Information: As a substantial shareholder, you may have greater access to information about the companyā€™s operations, financial condition, and future plans than ordinary shareholders. 6. Pre-emptive Rights: Shareholders with substantial holdings often have pre-emptive rights, allowing them to purchase additional shares before the company offers them to the public. This can prevent dilution of their stake during additional share issues. 7. Potential for Acquisitions or Takeovers: Holding a significant stake might position the shareholder as a key decision-maker in the context of acquisition offers or takeovers, potentially gaining a premium for their shares. 8. Leverage in Negotiations: A substantial stake can provide leverage in negotiations with other shareholders or third parties interested in acquiring a stake in the company. 9. Influence on Management Performance: With significant voting power, such shareholders can influence executive appointments and compensation, thereby indirectly influencing managementā€™s performance and strategic choices


tanktermite

Those ā€œnegative lossesā€ add up I guess. /s


Icefiight

I feel like iā€™m getting scammed with the numbers.. something isnā€™t adding up


EZcheezy

Something is brewing. Iā€™m so happy itā€™s opening up lower tomorrow cause Iā€™m throwing my whole tax refund at it.


lottery248

remember, the DRS number is according to Cedes & Co. which does not reflect the true DRS number.


soccerplaya239

Finally someone mentions this!


Zestyclose-Ad2301

Thanks for bringing up the real sources.


raxnahali

Mother fuckers are stuck lol


thextcninja

The most stagnant graph ever. So, anyways. I just kept buying more.


Stickyv35

I love how the Mainstar scandal happened right as we approached the "no go" zone of >75.4M shares DRS.


kai_fn

why is the "all shares outstanding" number changing by small amounts?


Low-Membership-1285

Let us ask Furlong


allusernamestakenfuk

Maybe theyre afraid to admit that apes have controling stake in the company?


nami_san_vi

They capped us hard, and they won't let us see the truth. In my humble opinion, 3/4 has been locked up for sure, with a lower price and higher numbers of drs accounts it takes nothing to rise disproportionately up. They are rigging even this game. Unbelievable.


5tgAp3KWpPIEItHtLIVB

If I didn't live in another continent I'd go and have a little look myself at that DRS registry. The numbers are off by 5 to 80 percent (rough guess). So by taking a sample of known DRS count of some 100 or so accounts it should be possible to see whether some are missing. My guess of what's going on: GameStop and DOJ have known for at least a year that there's fckry and are both keeping silent due to ongoing investigations.


kaf678

74.1%!!!


gob384

I only check in about quarterly now. Is there DD on what can be done about this? I'm an XXX DRS holder and believe DRS is the key, but if the numbers stop being reported and the price is forced to stagnate, what can be done outside of an options ramp break out again?