When the time comes, you'll be judged for your actions.
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That has nothing to do with a-list.
The increase in film exhibition cost percentage is primarily due to our A-list loyalty program where admissions revenues are fixed based on a monthly fee of $19.95 per member, while the related film rental is variable and based on the retail ticket price.
It's pay 60%.
HMNY will own a majority stake in the spin-off company so the HMNY will be correlated to the spin off share price
AMC has to pay the full % of the advertised listed price of the ticket regardless of any discounts it offers to the consumer via A-list of any other offer
I have- I know someone that runs one of theatre chains so I know exactly what % they pay
It's more like 60% they pay. Plus..
They pay for the theatre, staff, insurance, renovating theatres..The list goes on. I suggest you go read AM C filings to see how bad their situation really us
I'm quite honest about my long position.
You post multiple negative statements a day..why? Based on your logic you must have a short position.
is that legislation?
Under what legislation would they halt it?
Of course they will but AMC still only accounts for around 30-35% of theaters. There are people that don't have access to an AMC or choose not to use them as the theaters are so run down or aren't showing the films they want to watch.
My personal view is AMC is in a bad debt situation and will have there own issues restructuring over the next few years.
MP doesn't need to hurt themselves with an unlimited plan if it's priced correctly. They have a lot of data from when they were truly unlimited so will be a in a position to do this accurately.
you don't think anyone signed up for the Sinemia unlimited plan?
The date of record is the 16th.
If you held shares on the 16th you can vote, if you sold your shares on the 17th it doesn't matter you can still vote.
each to their own. This isn't done yet
and my point here is, HMNY won't set the R/S vote date until they have presented a sustainable business model for MP or timeline for the spinoff that doesn't involve anymore dilution.
To those that think HMNY bought the R/S vote with the latest offering for 333mm shares. Some facts below.
There is a 5% difference from the failed R/S to this time and sentiment around the stock is a lot worse around this time.
Do you really think 5% is enough to swing the vote!!!
Current reverse split - S/H record date 16th-Jan-2019
Common Stock Preferred Shares
Hudson Bay 8% 1.55%
Discover Growth Fund 0.78%
Alto Opporunity Fund 0.39%
Empery Asset Master 0.19%
Armistice Capital 8%
Total = 19% of vote
Failed reverse split - S/H record date 14th-Sep-2018
Common Stock Preferred Shares
Hudson Bay 9.99% 2.25%
Discover Growth Fund 1.13%
Alto Opporunity Fund 0.56%
Empery Asset Master 0.28%
Total = 14.2% of vote
Passed reverse split - S/H record date 25th-Jun-2018
Common Stock Preferred Shares
Hudson Bay 9.99% 10.16%
Discover Growth Fund 5.08%
Alto Opporunity Fund 2.54%
Empery Asset Master 1.27%
Directors Collectively 3.68%
Total = 32.72% of vote
17% of the vote,
they had 14% last time.
you think 3% is that much of a game changer?
what makes you think the split will go through when the last attempt failed?
The institutional ownership is only a few % different from last time.
It would be very odd for Hudson to buy shares and then short this time around as the warrants cant be exercised for 6 months and there is no clause to rachet down price if there are future offerings.
The price hasn't been higher than what they paid for the shares last week so at best any short they have is a hedge of their long position. Seems unlikely as there hasn't been enough volume to cover it completely.
If they really wanted to short they could have done without investing lask week.
You're clearly not.
Read the proxies. Ted has only got 3 or 4% more of the vote than last time when it failed numerous times.
It's not a big enough margin to swing a vote with total conviction
In my opinion a r/s will fail unless positive news via Q4 figures or MPE spin-off before hand
It's already filed on Friday. Hudson bay and armistice. 166m each
They were long on the 16th as they purchased common shares. They couldn't have covered as not enough volume,they can short 330 million as a hedge , and no options so can't buy puts.
So they have definitely lost money
12 days until the committee decision on whether they are delisted or not.
What will think if the extension is granted?
To put your original post in context you were talking about them already shorting.
If they short they will lose on there long position. If they cover their shares they will lose money as already below the purchase price
You think someone could short 330mil. Check the trade volume for the last month and then answer
You actually said they had been diluting which they hadn't for two months. The new offering is certainly dilution but at least the buyers are in at a price and there is no rachet down like with the previous bonds issued.
you missed the part about the spinoff. Doesn't interest you?
The R/S can come after the appeal if they convince the committee that share holders will vote Yes next time around. I can only see this happening if some or all of the following happen
Q4 numbers are solid - cash flow neutral on subs
MPE spinoff happens with dividend back to HMNY
No more dilutive funding for HMNY, this might be possible for HMNY once MPE is spunoff as most of the costs are related to MP
Repatriated shares
Schedule 3.1(i)
Material Changes; Undisclosed Events; Liabilities or Developments
The items set forth on Schedule 3.1(r) of these Disclosure Schedules related to the issuances of equity securities to any officer, director or affiliate are incorporated herein by reference.
On January 11, 2019, MoviePass Entertainment Holdings Inc. confidentially submitted a Draft Registration Statement on Form DRS to the Commission.
I've also seen the same comment on facebook. It's in the comments section for Moose as a discussion between the two owners
Cool - I'll lend you my shares.
boring...zzzzzzzzzzzzzzzzzzzzzz
they haven't since before xmas. It's unlike them. Which makes me think Mayaan has something up his sleeve and is waiting for the right time.
haha
you think the market cap of HMNY has been north of 6 billion? The highest the share price has ever been was around 38bucks pre split
6.1 billion - haha
if you're going to bash make it a bit more realistic