Cantor has not had success in their other SPAC deals. SPACs are still fairly new, and trendy. I'm in big on CFVI and CFVIW because I believe in the product, but I will watch things very close at and through the execution of the SPAC.

New 10K out today after closing.....i read it all, and understood very little of it...not sure if it's positive or negative, or just the same stuff previously released..

The investor webcast today was strong, this should be getting more attention. There's a little risk related to the opportunity for a PPP loan audit, but overall thins are looking strong.

anyone see an article or news on what these taste like? Those with a keen pallet can identify shrimp through taste.

I played a short position, 5000 shares from .20 up to .675 when I sold Friday. Was kicking myself when it gapped up to .90 at open, but slowly bleeding off. What's a nice technical re-entry for a long hold? Not sure it will break sub .70 again.

why'd this pop following the last conference a few months ago? I'm poking around here doing a little DD, may take a speculative position soon.

HMNY (or/and MP) have no money to buy back, all of their revenues are coming from dilution, and RS after RS. I don't see them raising $5m through dilution to then turn around and use that $5m to buyback those same diluted shares, but just at a much lower value....what am I missing?

why would Netflix break into theaters? No one is binge watching at theaters. Netflix reaches it's market/customers through their screens (phone, tv, computer, tablet, xbox, wii, PS4..etc). Unless there is a HUGE population of moviegoers that own no "screens" and only get to view programming at a theater, I see no reason/benefit to Netflix tapping their programming in that direction.

MP gets ZERO discount on 1 ticket, and ZERO discount on volume tickets. They (IMO) were only interested in collecting consumer data to then sell for a huge profit, This failed. They were willing to eat the cost of a movie ticket to collect data. They have, and will always pay 100% retail for any ticket they provide to a subscriber. If a subscriber buys more tickets than the cost of their subscription, MP eats this loss. They also eat and operating costs/overhead to make these transaction happen.

I got in MP at .03, hoping the data still have value, but I was wrong and holding 250k shares at a 66% loss. I'm just trying to help (IMO) others who for whatever reason thing MP's subscription service is something ground breaking or profitable. It never will be unless the theaters offer them a grossly discounted volume rate on tickets, which they can resell to their subscribers for a profit. THis will never happen (IMO) because the industry hates MP.

they can, it's called Groupon...MP hgas nothing unique/original serviceto offer. They tried pooling movie goer data and failed...

Like many I jumped in and hold an avg at $0.03, with around 250,000 shares. I don't see this ever getting back to that level, but hoping for at least one more pump to get out. My concerns:

1) Stock Buy Back
YES, would be great, but with what money? HMNY is already extended and only revenues come from dilution (or delusion).

2) MP vs HMNY
99.9% of all comments are related to MP and not HMNY. Seems most assume MP is good and HMNY is bad. Would Dollar Shave club survive paying $5 per razor and sold them for $1 each? Of course, but if their subscription cost $10 per month with unlimited razors, it easy to see their breakeven point. Do the math, any sub requesting 3+ razors, Dollar Shave Club loses money. MP pays full price for each ticket, and sub requesting more than 1 ticket MP directly loses money on tickets, this doesn't include any other business related expenses to make the transactions happen.

IMO MP was constructed to lose money on tickets but build a significant pool of movie goer data to then sell. This is where HMNY came in (IMO), but data now appears to be useless (IMO).

3) One Stop Shop for Movie Industry
I don't know enough about the movie industry to add much here, but it seems to me concessions revenue is what drives the majority of movie showings for venues. Production companies make money off selling viewing right show theaters and memorabilia, licensing, etc. a good read on investopedia ended with this:
"" The Bottom Line
As the saying goes, nobody knows anything in Hollywood. The film industry is in flux, and ticket sales alone don't drive revenue. There’s merchandising, VOD and streaming-on-demand sales, foreign sales and a plethora of other distribution channels that can help filmmakers, producers and studios turn a profit. So who knows, the little indie that you invest in could just be the next “Little Miss Sunshine.” Or not. In Hollywood, there are no guarantees.""

4) SPIN OFF
See #2 above. MP can't self sustain unless they begin getting a huge discount on movie tickets, then marking them up to subs for some profit. This will never happen as it appears the movie industry has soured on them (IMO). They swung and missed on data pooling....

I hope I'm wrong. PLEASE let me know where I am incorrect. I'm looking for any silver lining here to continue drinking the cool-aid.

Only thing certain is death and taxes. And a tax break from those ass-heads running wtsl

Those are Some reasons why I continued to add as the price dropped last quarter.

The company closed 2/3 of their stores, which only accounted for 40% of the revenues. Right there, in theory, they were profitable. They added an online push.....

Now I'm stuck with 35k $0.006 shares. Someone made a fortune off my loss

Shareholders are considered unsecured, no? I hope those with 1million+ shares fight for us retail holders.

I've got 35k with an avg of $0.45. I've been in for years. Down 90% on the seal.

Not always, but 9 times out of 9.5 times.

It appears current holders, such as me are and after thought. CEO said this is the best resolution for all parties, he listed said parties and shareholders were not mentioned. Not good imo

They should be profitable very soon. Cut retail overhead by 70% while maintaining 53 % of the retail store revenues. With the end of many competitors recently, WTSL should improve their market share.

Crazy Interests charges, lease buyouts and dead inventory has taken a toll. I'm 50/50 right now, I'm in big (lost 68%), not sure which way this will go. If Riely takes over we are screwed, literally! The lowering of the deal buyout was encouraging, it's my hope WTsl just needed someone to float them a significant amount of money (20m) while they cloSe out a private sale. Who knows

The restructure will occur after WTsl pulls them self out of BK. If this deal holds it will occur in the future, in a year or two IMO. I'm still holding hope for another offer to buy the company. Too many insiders and Clinton group have way too many shares to let the restructure occur. Imo

Did you read the agreement? It blows for common share holders. Riley gets 80% of the company and it appears eventually new shares will be released rendering current shares $0.00

Only hope is the window is still open for an auction style bidding war
For the next couple weeks, which at anytime WTSL can accept any other offer, which would trigger a 3/4 million payout to Riley.

We need a buyer!!!

Yes do some DD, you will see both entities blow!!

Where can u see wstlq?

Per 8k bJ filing- My understanding is riley receives 80% equity and share holders are reduced to 20%. I'm unsure what that means.

Another poster said when wtsl recovers from chapter 11 new shares will be issued and current commons are worthless, process should take 1+ year.

I have 25k shares my core was purchased early 2014 and I've avg down a few times. Currently all signs point to a complete loss. Already down 90%

I heard Billy is starting up a fuel cell company. He has 60000 sq foot facility which will start storing the cell shells. Share holders will be able to see the building but can't look inside. While the shells are being prepped just before the winter billy will break ground on a multi level 300000 production site. All of this is on his Facebook page. Billy is so open and accessible. Seems like a regular guy. What other CEO has a FB page to keep stock holders updated? Only bottle neck is the company needs a waste waterproofing from the county. But once this is approved this company will be the world leader in fuel cells!!!

If a person was narrow minded enough to think this was a legit company, with any shot at ever planting a seed, well you might want to go back to playing scratch tickets, the odds are way better.

I have a ton of shares, purchased it years ago.

The report released today blows. The company has no staff and no income. However 250 billion more shares authorized for sale to fund (pay) operations

Looks like the courts approved the loan and commons are reduced 80% in value.

Versa submitted a competitive offer to wtsl for financing.....interesting

If they make it through chapter-11, what happens to those who still have shares purchased in 2014?

Wtsl closed 2/3 of stores (overhead reductions by 2/3 for company). Remaining stores are 52% of sales. Internet business has increased quarter to quarter and become a focus.

Wtsl defaulted on a payment and received a forbearance to pay off loan on 1/12/15.

1/12 has come and gone and no BK filing. This is a good sign.

The corporate site updated internal job postings yesterday and the Twitter account posted for the first time since 1/3/15. On top of this they brought back a successful CFO who has handled this before and gave the CFO a raise (not bonus, a raise). Raise only pays off over time. Another good sign is the volume of shares the CEO owns.

Just my opinion. I see no BK, but rather posturing to close leases and restructure the balance sheet.

IMO company will be profitable by Q3

There is no planting. Plenty of other licensesdbusinesses already established incanada an in America.

See thing was announced in q3 earning call. Old hat!

8k is dated dec 7, was released today, company met 4 day filing requirement.

Store closing represented 48% of the sales, but 67% of expenses.

BK was announced as an option in the Q3 earnings call.

All of this in baked in the current price. Anything other than BK and this turkey flys!!!!

Nothing new in the 8k.

No default or BK, after the forbearance due date is the bigger news.

Haha. Remember the dog and pony investor meeting, many idiots attended, took pics and fell for the gag. The presentation, handouts and snacks impressed them. U buy a lot of goodies with $4.6 million.

Tards

How is this different than other free apps like "around me" on the iPhone? Looks very freshman year college project-ish. Last question, why does the Facebook page have mainly comments related to the stock vs the company or product?

Sub penny pumpers

Imo buy early. 160% jump last week, gap filled, now primed to pop again on news of forbearance restructure. Balance sheet looks good. IMO

How is this different than other free apps like "around me" on the iPhone? Looks very freshman year college project-ish. Last question, why does the Facebook page have mainly comments related to the stock vs the company or product?

As long as u knuckle heads keep buying shares, frauds like this POS cFO keep scamming. This joker never intended to sell pot, just his primary widget, a stock share. Hahaha

They have 1000 stores, Warehousing, logistic chains, but burned through all
their cash the last 6 months. Too many assets to disappear, I hope.

In 15k shares at .91, and in 10k more at .08. Not good. Huge gamble at this point. Need about .50 to break even. Not feeling it