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Gamestop Statement about Stock Split in the form of Dividend ๐ฐ News
https://news.gamestop.com/stock-split/?n3.2k
u/Whythehellnot_wecan ๐ฎ Power to the Players ๐ 9d ago
โWe are monitoring the situation.โ We ๐ you.
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u/MamaRemembersUsenet Mama says ๐ DRS ALL THE GME ๐ 9d ago
๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐ ๐
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u/Slow-Cry-1211 9d ago
Warren Icahn is watching ๐
๐ถ Bad boys, bad boys whatcha gonna do? Whatcha gonna do when RC comes for you?๐ถ
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u/FelixSV
let's go ๐๐๐
9d ago
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"Stockholders may want to make their brokerage firm aware if they recently moved shares to the Companyโs direct registered list, as we have been informed this move could impact a firmโs distribution of shares."
well let's find out if brokerage firms should be concerned
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u/Call_Me_Rivale ๐ฆ Buckle Up ๐ 9d ago
uh, can you explain this sentence to me, a basically 5 year old?
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u/azza77 ๐ฎ Power to the Players ๐ 9d ago •
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Brokers on the hook for the three extra shares when you drs.
Dtcc fukd them.
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u/CaptainMagnets 9d ago
So the DTCC is throwing the brokerages under the bus first? Juicy
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u/PantsOppressUs *E pluribus ๐ฆus* 9d ago •
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Imagine the sharks eating the piranhas...
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u/BuzzYoloNightyear ๐ฎ Power to the Players ๐ 9d ago •
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Something something fuck you pay me
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u/ProCunnilinguist Hedgies tears, the best lubricant known๐๐๐ 9d ago edited 9d ago •
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If you were an unlucky ape, and received only the shares you sent to DRS , instead of the multiplied number, your broker has the rest of your shares.
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u/LibertyUSA1 ๐ฎ Power to the Players ๐ 9d ago edited 8d ago
I am one of those persons. Fidelity held my IRA, moved to Mainstar Trust who DRS them. Arrived at CS 20th. No dividends distributed on them. Edit: the last lot of shares did not receive them . The first two did .
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u/Droopy91
Fuck no Iโm not selling my $GME!
9d ago
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YOOOOO. They basically said we gave out the appropriate amount of shares and that the DTC is at fault here. DRSing the synthetics is really causing trouble.
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u/AdmiralUpboat CantStonk, WontStonk, GameStonk 9d ago •
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Yes. Who cares if they put real shares in your brokerage account? Those synthetics will be real AS FUCK when Computershare gets their hands on them.
DRS those synthetics baby! Authenticate those synthetics!
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u/themainmanmang 9d ago edited 9d ago
I bought real shares. I have nothing to do with any of that. It would be easier to tell a counterfeit dollar or quarter from a real one seeing as im not a federal fucking agent. Just a simple minded retail investor spending my stupid stimulus money like an idiot. Their alleged crime and or fraud is their problem.
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u/sneakywill ๐ฉ Kenny poops his shorts ๐ฉณ 9d ago
It should be, but you better believe they are going to fight to the death to offload their problems onto anyone and everyone they possibly can, once they are forced to. DRS and you won't be a victim.
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u/SexyLemurLibrarian Turned On By FUD 9d ago edited 9d ago
I love how DRS has gone from some obscure thing very few people know about to GameStop openly discussing it and using a tone that implies using a brokerage is a lesser option or the less frequently used option of their investors.
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u/2basco ๐ฆ Buckle Up ๐ 9d ago •
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Trimbathโs the real hero.
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u/tduell7240 ๐ฆ Buckle Up ๐ 9d ago
Straight facts. She's literally the architect of our success. Without DRS we'd be at the mercy of brokers
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u/_cansir ๐ผ๐Ape Artist Extraordinaire! 9d ago
They also clarified that they DID give computershare shares to distribute. Also clarified that this IS a stock split IN THE FORM OF A DIVIDEND. Brokers lied saying Gamestop kept changing how to distribute and the final decision was a normal forward split.
HAHAHA REKT!!!
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u/Jbullish_9622 ๐๐ JACKED to the TITS ๐๐ 9d ago
One more day bout to come to an end ๐๐คฃ
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u/ContWord2346 ๐ฎ Power to the Players ๐ 9d ago
So we keep DRSing like mad apes?
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u/Blackmamba-24-8 ๐ฆ๐ฉ๐ช Pepperidge Farm remembers ๐ 9d ago
Lmfao DTC AND HEDGIES R FUKT !!!!
DRAIN THEM FOR EVERY FUCKING OUNCE OF BLOOD AND PENNIES
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u/baRRebabyz Nightmare on Wall Street ๐ฉธ๐ช 9d ago •
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THIS! THIS is the proverbial "oh, they couldn't deliver but credited brokerages with shares? No way it could be because of naked shorting, right? RIGHT?" Anakin meme
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u/Itsthewayman ๐คผโโ๏ธIโm Ric Flairโd - Wooo!๐คผ 9d ago •
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I have the high ground!
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u/raisingstorm I need to call your mom. 9d ago
โThis is outrageous! Itโs unfair! How can you be a share but not authentic!?โ
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u/SeaGroomer Stonky Dog Groomer ๐โ๐ถ DRS! โ 9d ago
Don't try it!
Kenny Griffin: "You underestimate my power!"
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u/Noah_b_01 ๐The floor is higher than me๐ถโ๐ซ๏ธ 9d ago
This is where the fun begins
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u/LionRivr Ryan Cohenโs girlfriendโs husband 9d ago •
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Can we stop calling them โsyntheticโ, and start calling them what they really are?
FRAUDULENT shares
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u/taserednoodles ๐ฆญ 9d ago •
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Counterfeit is a good term.
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u/Choyo ๐ฆ Buckled up ๐ Crayon Fixer ๐๐๏ธโ 9d ago
Our friend down in Texas would say stolen.
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u/Donnybiceps 9d ago
Cause now brokers who come to DRS shares are now going out to buy shares which could be effecting price positively, hence why the stock has been trading sideways/up.
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u/No_Locksmith6444 Future Hodler of Ken Griffinโs Corner Office 9d ago
Not necessarily. If the DTC fucked with the split by dividend, theyโre going to have to reconcile the synthetics when brokers notify them of a DRS withdrawal. My guess is that international brokers will put even more pressure on the DTC if they demand real shares to give to international shareholders.
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u/isla_violeta chicken tenders = profits ๐๐ธ 9d ago
I know what Iโm doing on Monday!!
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u/asdfgtttt
9d ago
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Holy shit, they responded. I thought this would have been up to DTC(C). Im impressed, CS and GME have both clarified. I think everyone should do the needful with their broker.
As always Buy.DRS.Hodl
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u/Conscious_Student_37 9d ago
The DTCC got โthe appropriate number of shares for allocation to brokersโ. How many shares?
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u/Javeec 9d ago
Something like 180 millions would be my best guess
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u/MushyWasHere SSU Class of '22 ๐๐ดโโ ๏ธ 9d ago
I don't think that's gonna be enough... Lmfao
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u/Roochooboo ๐ป ComputerShared ๐ฆ 9d ago •
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Iโm so glade I got all my shares out yesterday.
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u/hatgineer 9d ago
Thanks for posting that. I thought I did too, but you reminded me I bought more after the split and then forgot about them.
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u/Blackmamba-24-8 ๐ฆ๐ฉ๐ช Pepperidge Farm remembers ๐ 9d ago edited 9d ago
Did you guys see RCโs new tweet ? โask not what your company can do for you - but what you can do for your company โ
Papa Cohen does NOT MISS ! HOLY SHIT A TWEET AND THIS STATEMENT RELEASED AT ALMOST THE EXACT SAME TIME
ITS FUCKING MOASS TIME BABY
BUCKLE THE FUCK UP ๐๐๐๐๐๐ daddyโs pressing the launch button
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u/WezGunz ๐If it ainโt Dutch, it ainโt much! Fuck you Griffin ๐ 9d ago
Press release is saying contact your broker!!!!
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u/Blackmamba-24-8 ๐ฆ๐ฉ๐ช Pepperidge Farm remembers ๐ 9d ago
And that as well. Itโs going down !!!
Monday market open is going to get wild !!
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u/SeaGroomer Stonky Dog Groomer ๐โ๐ถ DRS! โ 9d ago
Market Open Monday = MOM
"Time to call mom"
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u/taranasus
๐ฆ Buckle Up ๐
9d ago
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I mean it really couldn't be any clearer at this point:
The split is a stock split in the form of a dividend, so it's not a matter of price / 4 and stocks * 4, it has to be received from the stock issuer as a dividend
GameStop has correctly issued all the dividends on time and per schedule, through ComputerShare and DTC. Thus they have completed their end of the procedure.
It is now the responsibility of the Brokers to issue you your dividends correctly. The brokers have taken on the responsibility of managing your shares on your behalf so they need to start answering why the flying fuck they haven't provided you with your dividends yet.
There is no more confusion, there is no doubt, there is no uncertainty. Of you haven't received your shares it's time to get the authorities involved, whichever they may be in your country.
If you live in the EU, I think it's time to contact the ESMA (European Securities and Markets Authority) https://www.esma.europa.eu/about-esma/esma-in-short/contact-info
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u/tradingmuffins ๐ฆVotedโ 9d ago
DTCC is fucking around and is about to find out
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u/Quiet_Independent_21 ๐ฆ Buckle Up ๐ 9d ago
Play stupid games, win stupid prizes! Is it Monday yet? ๐
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u/Jasonhardon ๐ป ComputerShared ๐ฆ 9d ago
What happens on Monday?
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u/Pnw_Golf ๐ฆ Buckle Up ๐ 9d ago edited 9d ago
Setting the table to pull out of the DTCC. You fucked up our stock split through dividend and we have lost confidence in your ability to manage our shares. Hereโs our 60 day noticeโฆ.
Edit - 90 day notice
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u/Snipshow777 9d ago
And right on Friday basically at market close lol. Monday will be funnnnn
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u/TallWineGuy Naked Shorts? ๐ โโ๏ธ Naked LONGS ๐โโ๏ธ๐ฆ๐ 9d ago •
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Monday is MOASS, just in case you didn't know
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u/Shades_VHS It's on like Stonky Kong๐๐จโ๐๐ซ๐จโ๐๐ซ๐ฆ 9d ago
Better load up on sunday
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u/LeVraiMatador ๐ I am incredibly retarded and drink my own Kool Aid ๐ 9d ago
DTCC be like ๐๐
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u/MamaRemembersUsenet Mama says ๐ DRS ALL THE GME ๐ 9d ago
They gonna be like ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ
Then they be like ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ๐ญ
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u/Pooks_The_Girthy
lurkinโ and jerkinโ
9d ago
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This is actual confirmation from the fucking source! Letโs go!!! ๐๐๐
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u/falconless 9d ago
Yup. CS gets priority real shares. DTCC is now solely to blame, confirmed.
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u/TallWineGuy
Naked Shorts? ๐
โโ๏ธ Naked LONGS ๐โโ๏ธ๐ฆ๐
9d ago
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"GameStop has notified its transfer agent and the Depository Trust Company (โDTCโ) that some of our valued stockholders in international geographies are still trying to determine if they have received the proper stock dividend associated with the Companyโs recent 4-for-1 stock split " this is HUGE. DTCC getting called out
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u/theriskguy
โ๏ธ๐๐ฆ
9d ago
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Oh shit.
โWe gave CS shares, they gave DTC the appropriate number of sharesโ
Itโs actually happening
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u/Slow-Cry-1211 9d ago •
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Superstonk DD accuracy: over 9000
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u/theriskguy โ๏ธ๐๐ฆ 9d ago
Itโs so satisfying
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u/Slow-Cry-1211 9d ago edited 9d ago •
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Ngl I teared a bit because this has been establishing for more than a year ๐ฅฒ
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u/GoPhotoshopYourself Dr. Stonk ๐ฆ Voted โ 9d ago
Translation:
APES GOT PAID THE DIVIDEND FIRST.
Before The DTC, before Brokeragesโฆ before Everyone
DRS IS THE WAY
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u/gochuuuu Half Ant Half Ape 9d ago
Wow this is a warning shot motherfuckers
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u/LannyDamby โ ๏ธWen Galleon?โ ๏ธ 9d ago •
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HOIST THE BLACK FLAG MATEYYSS, WE SAIL AT DAWN (Monday)
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u/First-Celebration-11 ๐ป ComputerShared ๐ฆ 9d ago
๐ดโโ ๏ธ๐ดโโ ๏ธ๐ดโโ ๏ธ๐ดโโ ๏ธ๐ดโโ ๏ธno quarter!
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u/ECSJay ๐ XRT GUY ๐ 9d ago edited 9d ago
Oh shit, that seems pretty clear that shares were given and expected to be dispersed, not just have the originals split. I know, I know, that's always been the case, but with all the confusion it's nice to see it reiterated from Gamestop themselves.
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u/Inevitable_Singer992 9d ago •
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It was always clear, the DTCC just decided to do some criminal ๐ฉ.
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u/jedielfninja ๐ฎ Power to the Players ๐ 9d ago
Almost like RC has evidence that the DTC has failed in a basic corruption test... and now is closer to pushing the button and blasting off from that corrupt hydra.
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u/No_Club_6498 9d ago
And DRS is the fuel to the rocket. We're already over half way full!
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u/ContWord2346 ๐ฎ Power to the Players ๐ 9d ago
The chairman just tweeted.
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u/No_Club_6498 9d ago
"Ask not what your company can do for you โ ask what you can do for your company"
We can Direct Register our Shares!!!
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u/therealbigcheez 9d ago •
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He wants investors to get documentation. He is building the legal case. This is fucking genius.
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u/Ceph1234 ๐ฆ Buckled the Fuck Up ๐ 9d ago
There were also A LOT! of shills saying the transfer was Gamestop > DTC > Computershare...
This dispels that bullshit. DR FUCKING S.
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u/justbrowsing2727 9d ago
I am SO glad they put this statement out.
It not only confirms the theory on SS, but also confirms they're on top of it.
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u/My_Penbroke
๐ช โฎ๏ธ Hippie in a (space) suit โฎ๏ธ ๐ช
9d ago
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Oh fuck. Oh fuck fuck fuck.
WHAT A TIME TO BE ALIVE
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u/AnhedonicSmurf 9d ago
Hoooly shit. Pretty much laid it out, didnโt they.
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u/1studlyman ๐ฆVotedโ 9d ago
In no uncertain terms AND in direct response to the issues the DTC is causing.
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u/alilmagpie Halt Me Daddy 9d ago
Literally said the company โdistributed the sharesโ for their share DIVIDEND.
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u/Onlylans 9d ago
well now it is as official as it can be. get some good rest this weekend, as it only gets crazier from here
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u/UniverseInfinite 9d ago
Wow, this is actually notable.
GameStop has never officially commented on any details of the ongoing saga.
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u/METAL4_BREAKFST ๐ ALL YOUR STONK ARE BELONG TO US ๐ 9d ago
They issued a corporate action with very specific instructions and it wasn't carried out as such. They want to know why their company and therefore their shareholders has an issue here. This is the old dick twist.
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u/dahlia-llama 9d ago
This is a huge point that many are overlooking.
Theyโre getting bolder.
Their smoking gun is smoldering at this point.
LFG
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u/mtgac ๐ Apes together strong ๐ฆ๐ 9d ago
apes that reported to ir@gamestop.com are heros, as are those apes who spread word of ir@gamestop.com. those apes gave GameStop the ammunition they needed to fire this shot.
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u/TallWineGuy Naked Shorts? ๐ โโ๏ธ Naked LONGS ๐โโ๏ธ๐ฆ๐ 9d ago
I guess Gamestop investor relations has been getting a LOT of emails/reports. Good work apes
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u/3rd1ontheevolchart 9d ago
Sounds to me like brokers may be bag holding.
DRS and ๐คซ
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u/ape13245 ๐ฎ Power to the Players ๐ 9d ago
Whoโs holding the bag now? Mathafaka
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u/Darkwings13
๐ฆ Buckle Up ๐
9d ago
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Basically, heeeey brokers unless you wanna baghold when people drs out, you might wanna put some pressure on the DTC to correct this. Thanks, love you! -Gamestop
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u/MamaRemembersUsenet Mama says ๐ DRS ALL THE GME ๐ 9d ago edited 9d ago
What say you, DTC??
GameStop Guidance for International Stockholders with Split-Related Questions
GameStop has notified its transfer agent and the Depository Trust Company (โDTCโ) that some of our valued stockholders in international geographies are still trying to determine if they have received the proper stock dividend associated with the Companyโs recent 4-for-1 stock split. Please note GameStop has already distributed the shares of common stock required for the stock dividend to its transfer agent, which has confirmed it subsequently distributed the appropriate number of shares of common stock to DTC for allocation to brokerage firms and other participants. We recommend that stockholders using a brokerage firm contact that firm with needs or questions. Stockholders may want to make their brokerage firm aware if they recently moved shares to the Companyโs direct registered list, as we have been informed this move could impact a firmโs distribution of shares.
As always, we appreciate your investment and enthusiasm. Although we are not able to engage with individual brokerage firms, we are monitoring this situation and will keep you informed of any relevant updates we obtain through our transfer agent or DTC.
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u/1studlyman ๐ฆVotedโ 9d ago
As if they weren't explicitly clear before, Gamestop has made the nature of the split as a dividend abundantly clear in direct response to the shenanigans and FUD of the DTC.
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u/dbx99 ๐ฎ Power to the Players ๐ 9d ago •
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GameStop using the most legal way to say: IF you do not receive your 3 dividend shares, itโs because the DTC has fucked you and we are aware of it
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u/Inevitable_Singer992 9d ago
Yup, legally saying DTCC messed up.
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u/dbx99 ๐ฎ Power to the Players ๐ 9d ago •
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Messed up is spilling coffee on your phone.
DTC just messed up like crashing a ship valued at whatever MOASS is valued
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u/baRRebabyz Nightmare on Wall Street ๐ฉธ๐ช 9d ago
crazy that they did it on a Friday too! Like yeah, now think about it all weekend Mr Bodson
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u/BostonR0SS 9d ago
Also any time they mention DRS in any capacity my small wee wee grows just a bit
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u/baRRebabyz Nightmare on Wall Street ๐ฉธ๐ช 9d ago
AND clearly stated in an official filing the international aspect of their tomfoolery... ๐
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u/megatronus_11 9d ago
DTC : Ahem....... Fuck this im out of here ๐๐ปโโ๏ธ๐จ๐ฉ
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u/PilbaraWanderer
9d ago
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Stockholders may want to make their brokerage firm aware if they recently moved shares to the Companyโs direct registered list, as we have been informed this move could impact a firmโs distribution of shares.
Is it me or it is a polite way of nudging the apes to DRS and/or let the brokers know that they be fucked if we did that, so sort it out before or else RIP.
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u/falconless 9d ago
GameStop dropping hints
"Please note GameStop has already distributed the shares of common stock required for the stock dividend to its transfer agent, which has confirmed it subsequently distributed the appropriate number of shares of common stock to DTC for allocation to brokerage firms and other participants."
This means that all shares in computershare are real and given priority.
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u/falconless 9d ago •
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Yup. DRS is the way, confirmed.
https://twitter.com/ryancohen/status/1555676193071935489?t=QJep_Ridvrh0SzuQn9Fp7Q&s=19
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u/r6raff
Too smooth to lose!
9d ago
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So everyone who's been screaming "they don't distribute the shares, everything just splits, you guys are crazy" will obviously apologize for spreading bullshit and admit they were wrong right... Right...
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u/ChronerBrother MAYOASS 9d ago
Hedges r fukd
Dtcc is fukd
Have a good weekend everyone, see u on Monday ๐ซก
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u/d14m0ndh4nd5
๐ฆ Buckle Up ๐
9d ago
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holy moly this is massive
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u/djsneak666 ๐ฎ๐ 9d ago
Did someone say international securities fraud?
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u/AnhTeo7157 I like the stock ๐๐๐ 9d ago
Oh Shit. Putting DTC on noticeโฆ.fuck around and find out
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u/basketcase57 Split like a piece of wood 9d ago
Casually mentions international fraud.
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u/skets90 Captain JACKED Sparrow 9d ago •
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People wanted a statement from Gamestop. Here it is. They know what the fucks up and they have our back.
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u/Dotmatrix74 ๐ฎ Power to the Players ๐ 9d ago
WHERE ARE THE SHARES LEBOWSKI?!? WHERE ARE THE SHARES?!?
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u/EVPN ๐ป ComputerShared ๐ฆ 9d ago
I came
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u/nerftosspls
๐ป ComputerShared ๐ฆ
9d ago
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Stifled Stock Sends Simple, Sassy Statement: Sinister Synthetic Subterfuge Screwing Share Split
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u/Anon_0365Admin
9d ago
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Ahhh, this is what I've been waiting for. Whatcha know... apes were right all along.
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u/DifficultySalt4231 Literally Regarded. Fuck you Melvin ๐ดโโ ๏ธ 9d ago
๐๐จโ๐๐ซ๐จโ๐ ๐
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u/HARR15N1PE5
๐ฆ Attempt Vote ๐ฏ
9d ago
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This is like a school report about a naughty kid. Theyโre saying more, with what theyโre not saying.
GameStop notified the DTC and their transfer agent of the issues. But only Computershare is mentioned as confirming the distribution was successful.
They have intentionally included that to suggest to us that the DTC has not/cannot confirm a successful split.
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u/KGDracula
๐ป ComputerShared ๐ฆ
9d ago
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DIRECT REGISTER YOUR SHARES YOU BEAUTIFUL APES
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u/apewithabrain1 ๐ป ComputerShared ๐ฆ 9d ago
It's here. Strap in lads. By Monday, this shitstorm will be full throttle.
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u/isla_violeta chicken tenders = profits ๐๐ธ 9d ago
God I hope so. I need a hit of hopium asap
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u/NeverEnoughCharacter 9d ago •
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*reaches out for a handshake*
*sneakily passes you a crumpled up ball of aluminum foil*
*you take the package to a discreet area and uncrumple it*
*inside is a note that reads "$GME closed at $40.02"*
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u/baRRebabyz Nightmare on Wall Street ๐ฉธ๐ช 9d ago edited 9d ago
THIS IS THE ONE!!!
HOLY FUCK THIS IS BULLISH
edit: The company i love just filed a thinly-veiled acknowledgement of potential International Securities Fraud, wbu?
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u/Cheapo_Sam You can't spell Idiosyncratic without I C CRAYN IDIOTS 9d ago
Where is u/isaybullish when you need them?!?!?!?!
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u/ISayBullish Says Bullish 9d ago •
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Mother of god
BULLISH!!!
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u/DifficultySalt4231 Literally Regarded. Fuck you Melvin ๐ดโโ ๏ธ 9d ago
Bullish on your bullishness
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u/Minuteman_Capital
๐จ๐ปโโ๏ธ๐ฎ๐ผโโ๏ธNo jail? No sale!๐ง๐ผโ๐๐๐ฆ
9d ago
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Itโs the greatest time in human history to be alive!!
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u/stonkyknots ๐ Bought, Held, DRSed, Voted, Buckled up ๐ 9d ago
They frikkin love and care for their shareholders! I'm in love with my favorite stonk and company โค๏ธ๐ญ
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u/No_running_please
9d ago
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GME gave them just enough rope to hang themselves.
I can't believe I am about to say this, but I am excited for Monday!
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u/megatronus_11 9d ago
wait is that recent???????!!!
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u/MamaRemembersUsenet Mama says ๐ DRS ALL THE GME ๐ 9d ago •
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like a few minutes ago!
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u/megatronus_11 9d ago •
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Holy guacamole
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u/dbx99 ๐ฎ Power to the Players ๐ 9d ago •
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Thatโs big. GameStop saying โwe know the DTC fucked you. We sent out all the dividends to CS and CS sent them on to DTC who should have sent them to the brokers and then the brokers to you.โ
IT IS A DIVIDEND DISTRIBUTION NOT A SIMPLE SPLIT
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u/1twowonder GET UP, STAND UP, DRS FOR YOUR RIGHTS 9d ago
Putting the DTCC on blast for the world to see. Perfect way to go into the weekend!
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u/megatronus_11 9d ago •
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you deserve an award my friend
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u/MamaRemembersUsenet Mama says ๐ DRS ALL THE GME ๐ 9d ago
save it for a quality sh!tpost ;)
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u/Superstonk_QV ๐ Gimme Votes ๐ 9d ago
Splividend Distribution Megathread
IMPORTANT POST LINKS
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u/tidux ๐ป ComputerShared ๐ฆ 9d ago
Stockholders may want to make their brokerage firm aware if they recently moved shares to the Companyโs direct registered list, as we have been informed this move could impact a firmโs distribution of shares.
TDApes who raised the alarm: this is a shoutout from the company. If you haven't been made whole yet, take this to TDA support!
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u/clyde_figment ๐ฆ a person familiar with the matter 9d ago
I swear I heard the fucking mic drop. I love this company.
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u/theinspiringdad ๐ป ComputerShared ๐ฆ 9d ago edited 9d ago
Shits about to get real, folks. Buckle up!!
Stock Split On July 6, 2022, GameStop announced a 4-for-1 stock split in the form of a stock dividend, effective as of July 21, 2022, for stockholders of record on July 18, 2022. Tax information related to this stock split can be found here.
GameStop Guidance for International Stockholders with Split-Related Questions
GameStop has notified its transfer agent and the Depository Trust Company (โDTCโ) that some of our valued stockholders in international geographies are still trying to determine if they have received the proper stock dividend associated with the Companyโs recent 4-for-1 stock split. Please note GameStop has already distributed the shares of common stock required for the stock dividend to its transfer agent, which has confirmed it subsequently distributed the appropriate number of shares of common stock to DTC for allocation to brokerage firms and other participants. We recommend that stockholders using a brokerage firm contact that firm with needs or questions. Stockholders may want to make their brokerage firm aware if they recently moved shares to the Companyโs direct registered list, as we have been informed this move could impact a firmโs distribution of shares.
As always, we appreciate your investment and enthusiasm. Although we are not able to engage with individual brokerage firms, we are monitoring this situation and will keep you informed of any relevant updates we obtain through our transfer agent or DTC.
GameStop ยฉ 2022 Privacy & Legal
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u/Bearspice7577 9d ago
Iโd hate to be the new intern customer service person thatโs getting all these angry calls and has no idea whatโs going on.
Anyway fuck Mayo man and the dtcc
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u/tewdahmewn wen keynesian beauty contest? ๐โโ๏ธ 9d ago
waive your handkerchiefs out the windows apes! the spectators are shouting, โbon voyage!โ ๐๐๐
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u/appleflaxen
Buy. HODL. DRS
9d ago
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BOOM. Headshot.
And they are telling apes exactly who to contact. Such helpful shareholder support.
This issue will be resolved.
Hedgies must be shitting their pants right now.
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u/JoePatowski
GME + LOOPRING = ๐
9d ago
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Not ONE media outlet has put anything out about this. Super bullish.
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u/Snow_Falls
9d ago
edited 9d ago
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So basically, GME has put the DTC in the spotlight. "We sent Computershare, who in turn has CONFIRMED they sent the DTC the appropriate shares for the dividend, now the DTC gets to explain why they told the brokers it was a forward split. If international brokers are having trouble locating the shares, the DTC should be able to ensure their approriate distribution."
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u/falconless 9d ago
Yep, subsequently. Subsequently tells us that Computershare gets real and priority shares. As well as the DTC is caught with their pants down.
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u/Juker57
๐ป ComputerShared ๐ฆ
9d ago
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"Please note GameStop has already distributed the shares of common stock required for the stock dividend to its transfer agent" VEEERRYYYYY interesting! Proof right there that any broker handling the splividend as a normal stock split is doing it wrong. Obviously we knew this already, but GameStop directly laying out what they did confirms what we have all been suspecting.
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u/Ed-Sanz
๐๐ฆ Idiosyncraticly Rehypothecated ๐๐
9d ago
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Holy shit. First an exciting ticket battle for $40, now GameStop official statement on the splividend?! My tits are so jacked!
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u/dyingoutwest1 "cheatcodeactivatedโ 9d ago
WEโRE ALL GONNA BE SO FUCKING RICH ๐ญ๐ญ๐ญ๐ญ๐ญ
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u/Klldarkness
9d ago
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Lmao. Those assholes at GME Breakdown can shut the fuck up now.
"They don't know what a stock split is!!!"
Apparently we did, you did not
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u/Careless_Original742 ๐ฎ Power to the Players ๐ 9d ago
So many over there were saying its just a normal stock split. So good to know that their sub is pure rubbish
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u/G_Wash1776
ape want believe ๐ธ
9d ago
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This is fucking HUGE! Iโm so beyond jacked to the tits right now
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u/Minuteman_Capital
๐จ๐ปโโ๏ธ๐ฎ๐ผโโ๏ธNo jail? No sale!๐ง๐ผโ๐๐๐ฆ
9d ago
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EVERYBODY GET IN HERE!!
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u/dollupofcrazy ๐ฆVotedโ 9d ago
Iโm invested in a company that protects its shareholders. Feels great. Iโm honestly blown away they out this out
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u/No_running_please
9d ago
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This seems incredibly telling:
"Stockholders may want to make their brokerage firm aware if they recently moved shares to the Companyโs direct registered list, as we have been informed this move could impact a firmโs distribution of shares."
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u/GORDON1014 ๐ฎ Power to the Players ๐ 9d ago
I am very smooth brain but here is my 100% speculation.
At the same time this was posted GameStop also notified the appropriate parties that they intend to withdraw within 90 days such as it has been stated in the holy documents
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u/Hedonisticbiped
9d ago
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Anyone want to stick it to the hedgies, those bastards? If youโve got any evidence:
https://fliphtml5.com/bookcase/kosyg
https://www.rollingstone.com/feature/wall-streets-naked-swindle-194908/
https://www.esma.europa.eu/regulation/post-trading/settlement
https://www.sec.gov/whistleblower
https://www.dtcc.com/client-center
https://www.nasaa.org/contact-your-regulator/
SEC hotline for prevention of share transfers (800) 732-0330 investor.gov | SEC.gov
FINRA (301) 590-6500 FINRA.org/Investors
NASAA - North American Securities Administrators Association (202) 737-0900 NASAA.org
https://www.ftc.gov/faq/consumer-protection/submit-consumer-complaint-ftc
investorrelations@gamestop.com
The IRS takes things like this extremely seriously.
If you feel it's right for you, send them a form 3949 informational referral. https://www.irs.gov/individuals/how-do-you-report-suspected-tax-fraud-activity
I would personally mark >false/altered documents< in section B, plug in Robinhoods info and print your receipts
Chair Gary Gensler 202-551-2100 Chair@sec.gov
Allison Herren Lee (202) 551-2800 CommissionerLee@sec.gov
https://www.sec.gov/oiea/Complaint.html
U.S. Secret Service
245 Murray Ln SW - BLDG T-5, Washington, DC 20223 202-406-5708
https://www.secretservice.gov/contact/field-offices
https://www.consumerfinance.gov/complaint/
"Presidential" financial fraud task forces I found.
https://www.fincen.gov/financial-fraud-enforcement-task-force-ffetf
https://www.justice.gov/fraudtaskforce
https://www.fincen.gov/contact
Dave Lauerโs new website https://www.urvin.finance/advocacy?intercom
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u/EggPillow7 ๐ฆพSTONKATRON 741๐ฆฟ 9d ago
Well ainโt that a slap in the face. GME layin DEEZ NUTZ on DTCCโs face
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u/bluedj88
๐ฎ Power to the Players ๐
9d ago
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Holy fuck did our company just put these Fuckers on notice?
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u/Icy_Art1996 I came- I DRSโD- I came again 9d ago
Big cause true ๐ collective gasp from brokers and dtcc ๐คท๐คฆ๐ป
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u/locomoroco ๐ฆVotedโ 9d ago edited 9d ago
GameStop gave the shares to Computershare and Computershare gave the leftovers to DTC!
DTC fucked up!
A snippet: GameStop has already distributed the shares of common stock required for the stock dividend to its transfer agent, which has confirmed it subsequently distributed the appropriate number of shares of common stock to DTC for allocation to brokerage firms and other participants.
โข
u/Superstonk_QV ๐ Gimme Votes ๐ 9d ago •
Welcome everyone from r/all! --> Reasons why the Superstonk community is bullish on Gamestop
POWER TO THE PLAYERS โซ๏ธโซ๏ธโซ๏ธโซ๏ธ๐ด๐ด๐ด๐ด