SAHRE RECALLS, RECORD DATE, PROXY MATERIAL: THERE IS NO SHARE RECALL. STOP SPREADING MISINFORMATION

Let me clarify some things for people because I still see the nonsense flying around about share recalls. The Date of Record has pretty definitively been set as 04/15. Vanguard has clearly said in that image that if you held a share on 04/15 then you will be eligible to receive Proxy Material and Voting Rights.

THAT MEANS YOU HAVE TO HAVE HAD THE SHARES IN YOUR POSSESSION ON THAT DATE. NOT LOANED OUT.
THAT MEANS THAT SHORTS WOULD HAVE HAD TO HAVE COVERED BEFORE THAT DATE.

I'll give you some basic information about all of this. When there is a shareholder meeting they'll choose a Date of Record which will be released in the DEF14A Filing of a Proxy Statement. The Date of Record is the day that a shareholder must have the shares in their possession that they would like to use in a vote.

PREVIOUS RECORD DATES

• 2021 - 10K Filed 03/23
• 2020 - 10K Filed 03/27 - Record Date 04/20 - Proxy Statement Filed 04/27
• 2019 - 10K Filed 04/02 - Record Date 05/03 - Proxy Statement Filed 05/14
• 2018 - 10K Filed 04/02 - Record Date 05/04 - Proxy Statement Filed - 05/16
• 2017 - 10K Filed 03/27 - Record Date ?????? - Proxy Statement Filed - 05/12
• 2016 - 10K Filed 03/28 - Record Date 04/29 - Proxy Statement Filed - 05/06

The PDF for the Proxy Statement in 2017 won't load for some reason. But if we look at the dates of the 10K filings, the Record Date, and the date that they filed the 14A it doesn't tell us shit. All it tells us is that sometime roughly 25-30 days after the 10K is when the Record Date will be and we won't find out what the record date officially is until 7-12 days after it has been set.

HESTIA LEAKED RECORD DATE

Last year Hestia Capital 'leaked' or estimated the Date of Record a few weeks in advance (which was the correct date) because information is sent to brokerages and banks to allow for a share recall.

According to information GameStop has provided to custodial banks, brokers and other intermediaries, we believe GameStop has set a record date of Monday, April 20 for the 2020 Annual Meeting.

WHAT DOES THIS MEAN?

This means that all of those pictures we saw of ETrade, TD, Wealth Simple Canada, and others saying that 04/15 is the Date of Record means that there's almost a 100% chance that it is the Date of Record.

Vanguard has reconfirmed this date with this recent screenshot.

THIS MEANS THAT SHARES MUST BE IN THE POSSESION OF THE OWNER BY THAT DATE TO HAVE VOTING RIGHTS.

IT ALSO MEANS THAT SHARES WOULD HAVE BEEN COVERED BY THE 12th/13th TO SETTLE BY THE DATE OF RECORD.

THIS MEANS THAT A SHARE RECALL FOR VOTING IS NOT A CATALYST. PLEASE STOP PUTTING IT IN YOUR DD.

Some other useful information about this process. The Proxy Statement and Materials will include any and all relevant information for voting in the Shareholder Meeting. It will also include important information about the company and it's goals. Previous Proxy Statements have included the Date of Record for Dividends which is different from the Date of Record for Voting Rights.

From the looks of it, we'll be seeing the Proxy Materials in the beginning of May.

ABOUT DATES

There's nothing wrong with including dates in things. You think multi-billion dollar Hedge Funds don't already know this information? They probably have rock hard information weeks before we even think about it.

THE PROBLEM WITH DATES IS FROM US CREATING FUD.

I've been trying to hammer this home with my last few posts, especially after the bullshit around Royal Bank of Canada. The people who posted horrendous DD should feel bad about themselves. They're spreading FUD and we're promoting it by upvoting shitty DD.

The same goes for DD on Share Recalls. People keep posing misinformation with memes as the fucking source. Stop upvoting that shit. The problem with these dates is that people came up with wild conspiracy theories about 04/15 and 04/15 because of a fucking Tweet of Ted getting high. I just saw another one of the Deal of the Day being 'Who Wants to be a Millionaire". This shit is bringing people's hopes up and then when reality or good DD comes around people get upset.

There are dates for everything but the importance we place on the dates is the problem.

TL;DR

• Date of Record was 04/15
• Share recall has passed as shares had to be in possession by 04/15
• Proxy Statement will be sent out early May apparently (could be sooner)
• Proxy Statement is info about how to vote and all the info needed too make an informed vote
• Proxy Statement may include info about a Dividend
• Dividend Date of Record is different from Voting Date of Record
• Stop upvoting bad DD
• BUY & HOLD