Great !
My advice for struggling meme companies transition
@koolgal：
My advice for struggling meme companies transitioning to profitable companies are applicable to all struggling companies in general. 1. Take a close look at expenses and determine how to cut off unnecessary ones or reduce current expenses. Example reduce manpower headcount. 2. Identify opportunities to increase market share and expand customer base 3. Pay off debts and increase cash flow 4. Raise more capital through issuing more shares. 5. Keep morale of staff and investors high by engaging them and keeping them informed of latest developments. I like how Adam Aron, CEO is running AMC. He is very creative and engaged with his investors and staff. He has given AMC a new lease of life by introducing$AMC Entertainment Preferred(APE)$ . APE is a special dividend of Preferred Equity Units that has started trading on Monday. In actual fact it is a stock split. Of all the meme companies, I believe $AMC Entertainment(AMC)$is the most likely to transition to a profitable company under the creative genius and marketeer extraordinaire Adam Aron. @Tiger_chat@TigerStars@CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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