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paid interview likely. She really didn't raise any critical issues.
of course they do! For creditors, but not shareholders. Creditors will receive payment in full before common equity gets anything. So, if they project creditors to get out well, common shareholders are likely not so well. Creditors and common equity fight for the same residual value.
there is a difference between "100% litigation trust" and "100% of residual interests in litigation claims once creditors have received payment in full"
No idea of the bancruptcy specifics. Just checked in by the chart.
why are stockcharts.com links no longer working? I have the same issue.
Magnegas (the product) converted from liquid waste only exists on paper. Too expensive. They produce it from other bio feedstock, but acceptance in the industry seems low as revenue growth is only achieved by the rate of acquired welding shop supplies, but not organic growth in magnegas production.
92%. OK, then split the numbers accordingly. Or maybe the financing will be used to acquire the remaining 8% first.
What exactly are you talking about?
dude, there was a time before moviepass. HMNY's market cap at that time was n't much different than today's value with moviepass
who cares how MPE plans to raise capital? You'd own shares in HMNY and be relieved of the burden of capital acquisition. MPE effectively means less leverage and risk mitigation for HMNY shareholders. If moviepass turns out to be successful, you keep benefitting from direct dividend plus majority ownership in MPE through HMNY. If moviepass fails, HMNY still has value as a data analytics firm.
The appeal meeting will take place on the 31th January, right? So the decision will definitely be made absent of any RS because there is no pre14a (4 weeks in advance) and def14a (2 weeks in advance) filed nor a shareholder meeting scheduled for. So, either something other material will be announced within the next 2 weeks, or they will go OTC.
bounced off support. The trend is still intact. Looks healthy to me.
And if those new shares are issued to vote "yes", they only represent 16.7% of voting power. How do they got to 51%?
they only get "yes" votes if the offering is not sold to market. Otherwise just more "no" votes from new retail holders.
so what offering. Warrants aren't an offering and they are not exercisable until six months after the closing. So what offering "in 2 weeks" are you talking about?
the one you make up or which one?
oh, you are making up offerings that don't exist. Cool stuff.
it's 0.333 not 1.333. Little differnce.
dude, your math is wrong
more favourable reaction than I had anticipated. There's a plan to be unfolded.
good luck shorting
Someone well known on twitter would shout "fake news"
If you are trading short term and actively, you can take a risky position and speculate on the next acquisition announcement that will usually see a bounce.
If your horizon is medium term and less active (you don't watch the daily activity), wait for the next reverse split to have settled and buy when a new bottom is forming (the "dilute to acquire new welding shops" game will continue)
If your horizon is long term, wait for revenues to have reached near 20M annually (currently around 12M) from the "dilute to acquire" game or the percentage of revenues coming from Magnegas (as opposed to other welding supplies) to skyrocket.
omg, they play the same game every month. Here is the game play: dilute $1 million on the market, then add $1 million in revenues by buying another welding shop. Next, report the $100k or so in added revenues in welding supplies per month as a big win. Meanwhile, the core product Magnegas never shows any growth...
Company reported it will need about $20-25m per year in revenues to break-even. So, expect the above game to be played several more times, interrupted only by another reverse split.
That makes a total of four Bruce Willis films in the moviepass portfolio including the completed "10 Minutes Gone" release. Under normal circumstances, those film assets alone should be valued at the current market cap of HMNY. Once market sentiment changes, the stock will adjust quickly and drastically.
very soon
Where did he say that?
in short, market uncertainty.
Anyone know how they acquired those shares?
awesome volume. True accumulation. If management executes, this is going to fly.
In short, they ran a business model based on dilution. But things have changed since August and the business model is on a sustainable path today, especially with new 2019 pricing terms and international expansion planned. The price history and target is distorted by a reverse split in 2018, so neither is it realistic nor of any significance today. Bottom fetching opportunity should the company turn things around.
All bears hiding now lol
bids stacking eom
They don't need $1 to remain listed. The ongoing appeal is for another 180-day extension so that they can continue to trade below $1.