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The right thing to do is let current shareholders keep their hmny shares if co. Does spinoff of moviepass and give us this dividend of new moviepass stock as well. How many folks believe this will happen? Most believe they will take your hmny shares and do a 500 + for maybe 1 share of new moviepass. Thats why its getting held down and dumpin to get out. Who wants a million shares of hmny turned into 1,000 Moviepass? If ur lucky. And then watch that new ticker tank after ipo thru ton of dilution all over again..they need to spell out this intention befor stock moves up
Shows u how smart these jokers r. Lmao! You know once upon a time folks used to go to bockbuster video and pay $5 for a vhs copy of a movie. Well moviephone was almost as relevant as blockbuster video is today. Heard of rottentomatoes? Or fandango? Sure we have. Cuz these r the players today. Thats why these geniuses ted and mitch paid 1 million cash of money they didnt have for moviephone...this was news over 7 months ago...now here we sit below 2 cents.
Imo..the separation/spin off is all a spin to get some type of further dillution from shareholders by taking shares and giving a dividend or an attempt to get extension from the delist in order to try another r/s later. This is one of the worst ran co. I have ever invested in besides Worldcom. Imo the nasdaq will proceed with delist and not grant extension with a basket full of reasons not too grant it..including on going legal investigations for misleading shareholders etc...they may surprise with a bk protection soon too...nothing surprise me with what they have done so far with this co. And stock.
I am selling on the spikes...may buy back on otc
Take advantage of any spike in price to get the crap out of this stock b4 u lose all ur shares!!
Not true. You can still hold your shares of a company that has been delisted from nasdaq to the otc. If they file bankruptcy; then yes you will lose all of your shares.
Link on subscribers?
Nice! Thank goodness and noticed too off sub count too. I smell a turn if get extension sooner than later.
Yes we know this, but does this hold true if market cap is where its at? Market cap minimum requirements to get extension. No?
When is delist day? Or news coming in regard to deadline/extension request...or is it a given this is goin to delist and why not moving up.
You dont know these guys then. They had no money when they paid a million cash for moviephone. Which led investors to believe they must be ok back then too.
Ha! U r the one who is new kiddo...been here since this was $30 a share..i just dont waste as much time as u on here..cuban and lowe did deal with landmark way back when amc wouldnt..u can research...deal meaning cuban accepted moviepass with open arms. If they can get new ownwr cohen to partner more with them now perhaps can get concessions % etc. Or sway cohen best interest to partner with them as investor.
Ha! U r the one who is new kiddo...been here since this was $30 a share..i just dont waste as much time as u on here..cuban and lowe did deal with landmark way back when amc wouldnt..u can research...deal meaning cuban accepted moviepass with open arms. If they can get new ownwr cohen to partner more with them now perhaps can get concessions % etc. Or sway cohen best interest to partner with them as investor.
It wont be 1.6 if they buy back 650 mil shares
Imo they will be better able to get a better deal with Landmark now at the very least. At the same time they should cut Amc out of program to offset and play ball a bit like they tried in past. Doin so will make them appear to be a player again...
He's slim too...
Nothing. They need to find some way some how in next week to do a stock buy back of at least 650 mil shares. Cohen? Then we still may have a chance.
No doubt! Cohen announces investment in co. will work too.
Would be awesome if it would hold.
No update timeline on anything...how bout website at the very least?
Market cap 30mil. 3 cents will get us around 50
Cohen should come in and fund a share buy back..get os under 1 bill. He has the pockets to make it happen for % of moviepass co. He has been wanting in this industry for yrs.
Folks seeing an opportunity to get the hell out of this stock that bought at these levels...no dillution.
At the same time, Lowe is working to spin off MoviePass from Helios & Matheson. He said that Helios will continue to own an equity stake in the new company, but did not reveal if the new entity would be publicly traded or privately held. ( this stands out because in the past they talked up ipo of moviepass...now no revealing if will be private ..i know mitch would prefer private based on his past comments about raising monies out of public eye and redbox was private. Also imo why they put new guy in place to take over mitch for mitch and ted can run hmny and mitch can go run private mp...imo
In the variety article post here this morning...trending on google too.
What i caught was Moviepass being private co. ( no talk this time of ipo) not sure how will benefit us shareholder if this happens. Looks like hmny will be otc and moviepass private co. Any reality thoughts on this...
Maybe u meant to post this to siri board. Please stay relevant to hmny...worldcom stock staded at 15 cents back then too and went bankrupt. Nothing to do with hmny
Mods, lets make sure posts are relevant to this stock. Siri or pandora have nothing to do with hmny.
A lot of factual reminders here all newbies should read.
Was just thinking...they said dividend of new co. That doesnt necessarily mean they are goin to take our worthless hmny shares however. That we get a dividend or ( maybe 1 share of new moviepass stock for every hmny shares we own) if hmny shares are still trading even otc why would they or how can they take these shares ti give ilus a benefit...this may not crush us. Unless they can do this with no vote to counterplay the r/s that was shit down, not sure they can or want to with investigations already goin on...need some concrete on this and this stock could go up from here.
Folks dont get tricked with videos and info no longer relevant to today. Please check dates on this old outdated stuff being posted here to get a pump 4 u buy. A 9 month old youtube video of mitch is not any reason for u to invest in this fixing to be possibly delisted stock. These were good videos and posts back in the day when they were relevant..sadly this isnt close to the co. It once was and why its trading under 2 cents..suggest check the dates on this stuff or the ones that post this disclose ur pisting a 9 month old video????why.?? Hmmm.
Imo. I think otc will be best move. And stock will see more upward movement. We r stuck right now here. Give co. Chance to regroup, do share buyback, get over a buck and relist..id buy in more on otc..right here is a wait and see and folks on sidelines.
Good answer...thats my plan, unless something happens
Really Ameritrade doesnt show it..may not if they are not otc compliant..not sure..
Really? Per Ameritade last financials on segi was 2013...traded at .0003 today...you do know thats not 3 cents?
Oh boy...otc with no financials in 5 yrs trading at 3 tenths of 1 cent. I wouldnt even mention it.
Whats your if or when they get delisted?