Thread by @MuttleyInvesti1

I’m seeing a lot of talks surrounding A2MC34, but what it stands for?

Here in Brazil we call this structure a BDR which stands for Brazilian Depositary Receipts. Is that all? Problem solved, $AMC to the moon?

Uh, it’s a bit more complex.

We have another class of BDR here, called Listed BDRs Unsponsored. Say what?

Our little sister A2MC34 fits here.

As per B3 website Level I Unsponsored Brazilian Depositary Receipts (BDR NP) are securities, issued in Brazil by depositary institutions, backed by securities issued abroad, such as shares of foreign companies.

Our loved $AMC

The depositary institution is responsible for ensuring that the NP BDRs issued in Brazil are in fact backed by securities issued abroad.

Thus, the depositary institution maintains an account with a custodian abroad where the respective securities used as collateral for the NP BDRs are deposited and blocked.

The depositary institution must ensure that there is no mismatch between the balance of shares abroad and the BDRs issued.

Here is the deal:

1) How in the hell the depositary institution can ensure that A2MC34 is backed by securities if all the outstanding shares are held by apes and institutions? Synthetic shares, yeah?

It all lies into friendship, right? Do you remember the Bloomberg screenshot showing 2 Brazilian institutions into $GME ?

Ok, keep this information in mind.

This is the major Latin America investment bank called BTG Pactual, not too long ago they were involved in the biggest corruption scandal called Lava Jato, so their past is already very shady.

Here is the deal, BTG Pactual is a Market Maker in Brazil, does that sound familiar to you?

It’s very possible they are in collusion with Citadel. Why? Follow me!

2) Did you know that Brazilian Depositary Receipts aka BDRs can be shorted?

Sounds familiar? What would you do, if you cannot short under the eyes of SEC?

So, what I’m telling you is that BDRs must be backed by securities right?

What happens if I short something that is backed? Bingo! Your strike goes direct into the security used as liability and guess what?

SEC can’t take a look in Brazil, it’s not their jurisdiction.

@ThatGuyAstro @BunnyBaby808 @ACbiggums @DrTrillions @Charlie1337420 @KongPosting @TradesTrey @RogueTheLegacy

$AMC $GME #AMCSqueeze #amcshortsqueeze #GMESQUEEZE

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