Helios and Matheson Analytics Inc (HMNY)

[Drosmigs]

That's standard boiler plate "going concern" language any auditor will give to a start up entity that financially looks difficult to overcome with such substantial losses. As a disruptive biz, we are not investing in its current P&L but rather our belief that in the long run, MP can change a dying industry - movie theater attendance.

And Verizon got a million dollars for a "dead pony" and a long shot upside with 9% of HMNY cheap stock - why not take that freebie. MovieFone went from a valuation of over $330 million a few years back to now a value of, frankly, only $1 million plus cheap shares. Why not take that deal? I doubt Verizon has any serious plans for MP - other than a hopefully lucky additional hit for their poor investment of MovieFone a few years back.