It wouldn’t really do a lot of damage. If they had enough of a treasure chest to do damage by cash dividend, they could do better by just buying their own shares on the market and DRSing them. Normally share buybacks work worse, but with the DRS level this high, it wouldn’t take too many buys to push it over 100%.

The only way this can crash is if we can prove there aren’t any more shares. When all shares are accountable outside the DTCC it’s over, no matter what.

How about when Gamestop announces thate Cede & Co has no more shares remaining?