Are you a bagholder, or no? I can't tell sometimes LOL.
Bob, why-do you-think funds are buying hmny here?
It doesn't matter why they buy. What matters is if you read the SEC filings and do the math, HMNY is in a world of trouble. Many funds have bought above 10 cents, and they have all been slaughtered. What makes you think buying now is a great time to buy?
As to American Animals, your math proof says MP bought if for $3M. In fact, you don’t know this. MP purchased AA with The Orchard. 50/50 split means $1.5M paid by MP. Might be something else too.
It doesn't matter. If they split 50/50 the cost, the chances are really high they'll split the revenue/profit 50/50. The math is to show this is a money-sucking scheme when you herd MP subs to watch a movie and have to pay for it. The more the MP subs, the more money you lose. You understand limits in Calculus? As the limit approaches infinity for MP subs, they're guaranteeing their own downfall.
MP buying and paying to direct MP subs to see AmerAnmls is also a longer term play. MP has put money where mouth is to establish to studios, producers, distributors it has influence to direct viewership attendance.
Sure, it's a longer term play. But, if you've done any of your homework, most of the movies from Emmett/Oasis SUCKS. Most people do not have time to watch sucky movies. Ever heard of Christian Slater's "Playback"? I haven't. Want to know why? It made only $264 in its box office. There are other films where Emmett/Oasis lost millions upon double digit millions. There are other big named stars in other movies owned by Emmett/Oasis that I have never heard of. If rights to these movies were SOOOOO profitable, don't you think Disney would have scooped them up already?????????????????????????????????????????????????????
You only sell your company if you're about to retire, or you're losing money and need some other sucker to keep feeding you money before you run the company to the ground.
We also do not know the deal as arranged with Emmett/Oasis. Plus big movies, if they’re able to have a strong money-making movie, will likely be profitable as MP subs make for a very small percentage of moviegoers domestically, and certainly globally.
If you've done your homework, you will see that MP subs made up about 40% of Gotti. That's what I used in my figures. If their intent is to just make movies and shut their mouths about their movies and hope that people go and actually make GREAT and GOOD movies, sure, they'll make money. If they're going to herd MP subs to watch their own movies, they're going to be GUARANTEED to lose money the more subs that go and the suckier the movies are.
So far HMNY hasn't proven anything other than they're losing more and more money each month and with each acquisition.
Do you know the terms of how many shares they have to pay Emmett/Oasis and how much money? Neither do I.
Do you think it's cheap? I sure don't.
