Shady Ted would like to thank both investors and ripped off subscribers for all for your contributions. Go see 1 movie on us...if you can find a theater showing one. (Insert picture of Ted and Mitch laughing holding Moviepass cards)

The way shady Ted has ripped off investors, HMNY should stand for "His Money Not Yours". LOL

Wow, what a day!

196,000,000 in volume

Low of the day, sub penny

When they get delisted/halted on January 31st, this is really going to get messy

PPS will probably be at .005 when they hit the OTC on February 1st, then the RS will be announced at 1:500; what a mess

After the reverse, 4 million shares will be outstanding with 4,996,000,000 available for issuance/dilution; wow, what a mess (period)

Company clearly states (warns) that after the split they plan to continue dilution. So they've covered their asses.

All insider tricks. Probably all legal too.

It's going through regardless. Ted is soliciting votes but if he doesn't get them the board will do it themselves. They'll be on the over the counter market at that time so it's all fair...any and everything is fair on the OTC.

333,333,334 out of 2,000,000,000 is roughly 15% of NEW votes. 51% of "FOR" votes is all that's needed.

Shady Ted knows the math. He knows exactly how many "FOR" votes are needed, or should I say he knows exactly how many "FOR" votes he missed by last time.

January 31st...8 more days until Nasdaq delisting/halt.

9 more days until OTC and toxic financiers welcomes HMNY.

After the split, Ted will have 4,996,000,000 shares to dilute on the OTC (with toxic financiers).

LMFAO!

Yeah, a GUARANTEED delisting (OTC bound). The PRE 14 has pretty much informed Nasdaq that they intend to to a reverse split (which Nasdaq doesn't want them to do). Further more, a RS of 1:500 puts the price at around $6 and the new OS at 4 million. Which gives a market cap of $24 million. Stock price would then have to reach $8.75 and stay at or above $8.75 in order to be in compliance with the $35 million market cap requirement, which won't happen cause short sellers are going to destroy this crooked company.

OTC here they come.

RS will take it to 3 or 4 dollars then shorts will take it to at least ten cents.

Nasdaq won't have any part of this company. Still the same business model, still the same management...just a new ticker symbol...selling shares to unsuspecting investors.

Per PRE 14

"If the Reverse Split Proposal is approved and the Board believes that effecting the reverse split is in the best interests of the Company and its stockholders, the Board may effect the reverse split regardless of whether the Company prevails at the Panel hearing and regardless of whether the Company’s stock is delisted from Nasdaq, for purposes of enhancing the liquidity of the Company’s common stock on the over-the-counter market and to facilitate capital raising if the Company becomes traded on the over-the-counter market."

"Further, following any reverse stock split, we will have additional shares available to issue upon conversion or exercise of securities of the Company that are convertible into or exercisable for common stock. In addition, we will continue to require significant proceeds from sales of our debt or equity securities to fund our operations for the near future, which will cause further dilution to stockholders. The issuance of a substantial amount of shares of common stock or securities convertible into or exercisable for common stock in the future could cause downward pressure on the price of our common stock and there is no assurance that the market price for the common stock will remain at a level sufficient to satisfy the Minimum Bid Price Requirement."

"Even if another reverse stock split enables us to regain compliance with the Minimum Bid Price Requirement, the Company may be delisted due to other Nasdaq listing criteria deficiencies, including the failure to maintain the minimum required market value of listed shares equal to at least $35 million and the failure to have at least three independent directors on the audit committee of the Board and a majority of independent directors on the Board. Further, the reverse split may not result in a per share price that would attract brokers and investors who do not trade in lower priced stocks."

"Moreover, Nasdaq may delist our common stock if it concludes that delisting is in the public interest. For example, if we engage in further dilutive issuances of our common stock in an amount deemed unacceptable by Nasdaq, or Nasdaq concludes that such dilutive issuances in an unacceptable amount are likely to occur, Nasdaq may conclude that delisting our common stock is in the public interest. Nasdaq has the authority to delist our common stock for such public interest concerns."

1-for-500 reduces shares to 4,003,083 and leaves a balance of 4,995,996,917 shares to dilute. SMH

How can they have good financials when they are begging for money. PRE 14 even mentions they are struggling. Ted even says a reverse will happen regardless of what exchange they are listed on.

It appears that a lot of people are new to this company and don't know their history. HMNY has exhausted all its possibilities. No other company is interested in Moviepass, the business model is unsustainable...in other words, it's a money losing business.

HMNY, Moviepass' parent, is nothing more than a share selling operation. They are currently being investigated for fraud by the New York Attorney General, there are 3 pending lawsuits by current/former shareholders, and they are on the verge of being delisted to the OTC...not to mention they are now soliciting votes for another reverse split.

Ted is a greedy crook who will do and say anything just to maintain his lavish lifestyle...and it's only possible via selling shares to unsuspecting investors who don't know their history and thus see Moviepass as a deal.

Eventually you'll come to your senses. This POS is DONE. EOM

The original was if they were to cover today they'd have 1.1 million already since the POS dropped from .0163 to .013.

They don't have a long position, this is business. Its the same as buying Calls and Puts. It's called hedging.

January 31st...12 days til official Nasdaq delist/halt.

Not yet, but when the time comes, you'll see the volume well above 333,333,334 as the covering will have began and ended. Watch what happens when this drops to around .008 after Nasdaq hands them their official delist/halt.

.008 is a 50% cover from .016 (offering price)

HMNY will effect the reverse split 1:500 at around that same price (.008).

.008 x 500 gives freshly traded OTC ticker HMNY a price of $4. Same shorts will take it from $4 down to at least $2 for another 50% cover. Easy money.

$5.4 mil recouped, and $5.4 mil profit.

PS. After the reverse split, you'll see the par value go from .01 to par value .0001

If the "accredited investor(s)" shorted at .0163 (which is also their purchase price) and decided to cover right now (not literally) at .013, those "accredited investor(s)" would have already made $1.1 mil in profit.

.0163 - .013 = .0033 x 333,333,334 = $1,100,000

All orchestrated.

"Accredited investor(s)" shorts at .0163, covers at .01 or lower after delisting notice tanks the stock. After HMNY sets up shop on the OTC, HMNY gets its votes for reverse split. "Accredited investor(s)" takes another short position right after the reverse split is effected, covers on the significant drop sure to follow.

All orchestrated.

Rinse and repeat on the OTC where it's mostly unregulated.


PS. Markets are closed on Monday in honor of MLK

IMO, it was all orchestrated. Find a phony accredited investor(s). Give them 333,333,334 voting shares to sway the vote in favor of reverse split.

"Accredited investor(s)" makes their money back plus more by shorting the stock; because everyone knows the stock is going right back down post split. And if Nasdaq delists the company, the current PPS will drop well below .01 So the "accredited investor(s)" may have already taken a short position shortly after giving the company $5.4 mil. It's a win win for the "accredited investor(s)" and Ted.

You were right Stock, I thought they could and would go at it unilaterally, but they are going to try to solicit votes. The new "accredited investor(s)" have roughly 333,333,333 voting shares...it's probably going to pass.

"If the Reverse Split Proposal is approved and the Board believes that effecting the reverse split is in the best interests of the Company and its stockholders, the Board may effect the reverse split regardless of whether the Company prevails at the Panel hearing and regardless of whether the Company’s stock is delisted from Nasdaq, for purposes of enhancing the liquidity of the Company’s common stock on the over-the-counter market and to facilitate capital raising if the Company becomes traded on the over-the-counter market."

I hope the Nasdaq panel is presented with this particular paragraph...

"Further, following any reverse stock split, we will have additional shares available to issue upon conversion or exercise of securities of the Company that are convertible into or exercisable for common stock. In addition, we will continue to require significant proceeds from sales of our debt or equity securities to fund our operations for the near future, which will cause further dilution to stockholders. The issuance of a substantial amount of shares of common stock or securities convertible into or exercisable for common stock in the future could cause downward pressure on the price of our common stock and there is no assurance that the market price for the common stock will remain at a level sufficient to satisfy the Minimum Bid Price Requirement."

This is getting worse and worse as I read...

"Even if another reverse stock split enables us to regain compliance with the Minimum Bid Price Requirement, the Company may be delisted due to other Nasdaq listing criteria deficiencies, including the failure to maintain the minimum required market value of listed shares equal to at least $35 million and the failure to have at least three independent directors on the audit committee of the Board and a majority of independent directors on the Board. Further, the reverse split may not result in a per share price that would attract brokers and investors who do not trade in lower priced stocks."

"Moreover, Nasdaq may delist our common stock if it concludes that delisting is in the public interest. For example, if we engage in further dilutive issuances of our common stock in an amount deemed unacceptable by Nasdaq, or Nasdaq concludes that such dilutive issuances in an unacceptable amount are likely to occur, Nasdaq may conclude that delisting our common stock is in the public interest. Nasdaq has the authority to delist our common stock for such public interest concerns."

1-for-500 reduces shares to 4,003,083 and leaves a balance of 4,995,996,917 shares to dilute. SMH

What makes this price good?

Investing/trading is the business of buying and selling at price where a profit can be made.

What makes this price good? The price of this stock used to be $10+; now trading at a penny.

Imagine a pair of shoes costing $10 now selling for .01. If the store dropped the price from $10 to .01 that means something is wrong with the shoe and/or no one is interesting in the shoe. Same thing applies here.

Something is wrong with the company/service, and no one wants it.

Rule #1, don't fall in love with a stock.

If you're willing to do some DD on mj stocks, I'm pretty sure you'll find a decent one in your price range. GL

But, you seem obsessed with this particular stock. There are many MJ stocks out there under 2 cent with better potential than this POS.

Someone is finally seeing the light.

Ted is a crook, so don't support his lavish life style by buying this company's shares.

They don't care about shareholders, they care about selling shares. Ted even says in the filing that if Moviepass is spun-off it would "...list on Nasdaq or an alternative exchange..."

They don't care what exchange they are on, as long as they have the ability to SELL SHARES.

LOL

Bout time this POS dropped below .0134!!!

Don't put Buffett in the same sentence as shady Ted. Buffett takes care of the companies that he buys and/or invests in which in essence creates value for himself, the companies, and the shareholders. Look at his success.

Shady Ted only looks out for himself and anyone willing to go along with his scheme. Look at his lack of success.

In business, it's all about integrity, and Ted has none. Integrity succeeds, dishonesty fails. Stock price speaks for itself.

Clearly states the after the offering the OS will be over 2 billion, so anyone who denies there is dilution is delusional...lol

Can't give up his million dollar life style now...too used to it.

...And as of January 16th we are broke and looking for more money!

It's a good thing that the end of the year report (10K) will be audited by an independent accountant/auditor.

We'll see the real numbers mid February. And I'm pretty sure the accountant will say..."substantial doubt about its ability to continue as a going concern".

At the current price, 1 billion shares would cost $14 million, they barely have any money, that's why they did the $5.4 mil offering. Also, buying back shares would make the pps increase thus costing the company more than $14 million. LOL

What I'm trying to say is the company is broke and can't afford to buy back shares. Why buy back when a reverse split has the same effect without shady Ted coming out of pocket.

The "accredited investor(s)" who ponied up the 5.4 million knows they will get their money back, no problem. This stock is a cash cow because many newbs and unsuspecting investors will always chase the hype, hence someone always buying at the intraday high (only to lose it at the close).

The "accredited investor(s)" will make their money back no problem by shorting this after the reverse split and/or by shorting this on news of a delisting. And as long as they are listed on Nasdaq, the "accredited investor(s)" can make money on this POS by buying OPTIONS.

I put accredited investor(s) in quotation marks because these "accredited investor(s)" are nothing more than company insiders who will react faster than the average investor because they have the inside scoop.

GL (none here though)

The only way a short will short at this current price is if a delisting happens. They will short it because they know it will go sub penny after final delisting notice is announced. .014 to .0001 is a 100% cover (profit). Shorts will buy back the shares (cover) once the reverse split is announced thus shorting this POS again at the post split price (what a nice strategy).

You go long on profitable companies, go short on money losing companies. Ted and insiders even short this POS cause it's easy money.

I think who ever bought at today's high is pissed. Up at least 15% intraday, closed up less than 1%. Talk about a junk stock, HMNY is definitely it.

Filing meant nothing as the share price spoke for all the recent PR's and filings.

January 31st...14 days to go...delisting coming and/or reverse split.

Shorts aren't shorting at this measly price, that's for sure...Shorts are waiting for HMNY to reverse split or waiting for some fresh Moviepass IPO shares. This is where the real money will be made.

All good, price driven up by flippers...they'll dump by the end of the day.

Once chart says dump, they'll dump.

Regardless of ticker symbol, every short seller in the game will short this company because it's simply a money losing business.

Look for the dump by the end of the day.