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MoviePass alternative Infinity will include couple and family plans
https://www.slashgear.com/moviepass-alternative-infinity-will-include-couple-and-family-plans-27571291/
How can this be trading pre market?
23 million on the bid. The funders obviously play it both ways, collecting your losses for the next pump.
looks like bottom. Added.
Well, Apple is going full force into subscription-based services...
Ted calls Moviepass "Too big to fail"
https://techcrunch.com/2019/03/24/moviepass-parents-ceo-discusses-the-services-rocky-year/amp/
It is not only possible, it is required by moviepass' new terns of service.
Or a nice pump
Exactly. The minute you walk out of the theatre you would receive a voucher from a restaurant nearby for the same day. Highly relevant for customers, highly converting and massively valuable for advertisers.
location tracking for fraud prevention = location-based ads. Smart move.
Why don't you just read up definition of form 15? The form is filed to revoke a class of shares or deregister it from SEC reporting obligations. Since the shares already trade in OTC, filing a form 15 only makes sense if shares are revoked.
The money flow indicator looks very promising here. Continued accumulation with little price action indicates potential for explosive pps reaction with catalyst news.
what? Form 15 basically tells you the stock is revoked. Game over!
"Sign-ups" vs. "subscribers". What difference does it make?
Why is it not factual? It's a quote from the CEO made in yesterday's interview. We just don't know exactly what the 800%increase refer to, but nonetheless the stated figure indicates exceptional acceptance of the new terms.
900, to be precise
Say, as an example, they had 100 people signing up per day immediately prior to the new plan. An 800% growth would mean the new daily subscriber growth jumped to 1800 after the introduction.
Maybe you are just reading it wrong and he talks growth rate.
MoviePass parent’s CEO says its rebooted subscription service is already profitable
https://techcrunch.com/2019/03/21/moviepass-parents-ceo-says-its-rebooted-subscription-service-is-already-profitable/?guccounter=1
Two days after MoviePass announced the return of the company’s unlimited ticket plan, Ted Farnsworth, CEO of its parent company Helios and Matheson Analytics, sat down with TechCrunch to offer insight into the state of the beleaguered service.
According to the executive, MoviePass Uncapped is already seeing positive results. While he didn’t share concrete numbers, he says that subscribers have increased “well over 800 percent in the last few days. And that’s conservative.”
Asked what it would take to make the company’s subscription business profitable, Farnsworth says, “Well, it’s profitable right now.” As for when it turned the corner, he added, “I will tell you this, because it’s out there: MoviePass has actually paid Helios back money over the past several months, towards the loans that they have. So, that gives you an idea of when we really started focusing on getting rid of the 20 percent of the abusers.”
Anyone willing to stare at a phone screen for 20 minutes straight to receive a free ticket?
MoviePass co-founder’s new startup PreShow gives you free movie tickets for watching ads
https://techcrunch.com/2019/03/21/preshow-kickstarter/
They do in the terms of service. The new plan will be capped if used unreasonably. So, it probably is not much different from the current plans. Just marketing.
The 10-k wasn't due until April 15th anyway, no?
sounds like a non-issue to me
"Because the market value of our common stock held by non-affiliates exceeded $75 million as of the last trading day of our fiscal quarter ended June 30, 2018, Helios and Matheson Analytics Inc. (“we”, “us” or the “Company”) became subject to the requirement to include in our Annual Report on Form 10-K for the fiscal year ended December 31, 2018 (the “2018 Annual Report”) an attestation report by our independent registered public accounting firm regarding our assessment of our internal control over financial reporting, pursuant to Section 404 of the Sarbanes-Oxley Act..."
In case someone wants to chat with Teddy, he left his phone number in the SEC document for your convenience....
(1) Name and telephone number of person to contact to this notification
Theodore Farnsworth 212 979-8228
Not sure how you conduct research into a private company, but if you are right and Sinemia is "doing very well", it basically confirms there is a viable market opportunity in the movie subscription business.
nope eom
A company goes bankrupt if it cannot pay ongoing obligations. A quarterly financial statement from a year ago has zero relevance to whether there is a need to file for Ch11 or not. So, who would dig into the books to find an accounting inconsistency unless there is a vested interest?
No. Who do you think would do that? Also, the reason for restatement was not falsely claimed revenues. It was simply doubtful early revenue recognition from cardholders who had not yet confirmed the change to the new plans in August/September. That's not a fraudulent activity, more an issue of accounting definition.
To me, some vested third party did its due diligence.
Someone scrutinized past financial statements. That speaks more of an in-depth due diligence by a third party than a company going under.
The year-end financials haven't been released. It's about Q3 2018 results.
8-k sounds like housekeeping before buyout.
They still need shareholder approval because HMNY is incorporated in Delaware. Nothing to do with being listed or not.
Lol they also said to spin off MP to fund own operations. No need for HMNY funding while maintaining a controlling stake of the new entity.
There is still an open gap at $1.50 from last week.
Special Meeting Cancelled. No RS.
https://www.sec.gov/Archives/edgar/data/1040792/000121390019003875/defa14a0319_heliosandmath.htm
There's still an open gap at $1.50 from yesterday ...
this one
lol are people still short? Squeeze time
MoviePass to Shift Business Model to Focus on its Own Films
The company has films with Mel Gibson, Bruce Willis, Michael Chiklis and Al Pacino in its pipeline
Trey Williams | March 6, 2019 @ 6:15 AM
In its latest effort to shore up finances, MoviePass has announced plans for a new business model it says will prioritize self-generated revenue instead of reliance on earnings from exhibitors and studios.
The plan is to forge “a much more interconnected” relationship between the company’s monthly movie theater subscription service and the film production business it launched last year, MoviePass Films, according to a statement released Wednesday. The company will make the films it produces available to MoviePass subscribers, which it hopes will both increase the film’s box office potential, and lead to an expansion of the subscription service itself.
As part of this plan, the company says MoviePass Films will accelerate production of projects for theatrical release, and increase distribution deals for retail, home video, and transactional and international sales. The company says it will also emphasize “technology development,” and stepped up fraud prevention efforts.
The effort will be supported by MoviePass’ Moviefone advertising and information service.
“We have gained a tremendous amount of insight into moviegoers and the industry over this past year and a half,” MoviePass CEO Mitch Lowe said in a statement. “MoviePass subscription, MoviePass Films and Moviefone now have a winning combination that we believe will drive consumers to our films, and re-energize casual moviegoers to go more often and see great films in local theaters – films that consumers often wait to see much later through streaming services.”
“By spending the last several months analyzing the many different aspects of our prior business model, in terms of what worked and what didn’t, I believe we’ve been able to illuminate the path forward,” Ted Farnsworth, CEO of MoviePass parent company Helios and Matheson Analytics, continued. “We’ve taken a deep dive to understand our unique ecosystem and I believe we’re now ready to move forward at a rapid pace. I see this as an exciting time for MoviePass and its sister companies, because we’re taking our original vision for subscription, altering it for the better, and proceeding with significant clarity.”
https://www.thewrap.com/moviepass-to-shift-business-model-to-focus-on-its-own-films/
Sinemia will be out of business very soon. At least, in the US.
MoviePass competitor Sinemia is terminating accounts, and some subscribers are bewildered and upset
https://www.businessinsider.de/moviepass-competitor-sinemia-is-terminating-accounts-2019-3?r=US&IR=T