Helios and Matheson Analytics Inc (HMNY)

[jross34]

That is exactly what I said. I did not say HMNY the company is diluted. I said that HMNY's ownership in moviepass will be diluted to 51%. If moviepass does an IPO they would be diluted and the 90% or whatever percent that HMNY has in moviepass will go down to 51%.

The author is long, but he lowered his stake by a lot.

After all of the dilutions that HMNY has been doing and then the dilution to 51% of moviepass, even if moviepass was a billion dollar company the stock price of HMNY would still be under $5.