Wait a minute. Didn't this SNAFU happen with the original IPO for AMC with the original shares going for 0.0005, rising to 0.0008, and then a bunch of shares being dumped at 0.0005 again?
Yeah basically people don't read contracts and get all pissy when an asset issuer exercises their rights that are rather explicitly explained within said contract.
All water under the bridge now though...or at least that's what you'd think. ha.
From what I understand on that issue it was actually the exchange owner that made Ken put forth the new shares at 0.0005 as it stated in the contract