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Re: None

Wednesday, 05/23/2018 3:05:54 PM

Wednesday, May 23, 2018 3:05:54 PM

Post# of 52237
http://www.businessinsider.com/moviepass-300-million-lifeline-could-vanish-2018-5

This article confirms what I've been saying since the beginning of farn's ridiculous statement: the $300million line of credit is just the shelf offering. The downward pressure that everyone keeps complaining about is Farnsworth selling shares to fund moviepass. It is done through a 3rd party like it says in the article. So those "crooks" you keep saying are trying to tank the stock is just moviepass trying to get money for their shares.i

More and more shares added everyday, diluting the stock and putting a ton of downward pressure on the price.