LMAO this Triton fund thing is a joke. Light has a wave-particle duality that manages to become one or the other, depending on what you're actually measuring. The very act of measuring light causes it to be one or the other. How light phenomenon relates to HMNY and MoviePass is that if Triton REALLY wants to buy out MoviePass/HMNY, it needs to do it when the stock price is as low as possible. It's in Triton's best interest to see the stock fall another -99% PLUS from here, to around 0.001, and for MoviePass to continue its relentless monthly cash burn, causing HMNY to keep diluting (as my math showed) until the 5 billion shares are almost out. 4 billion shares x 0.003 = $12 million. That way they can buy all the shares and be majority shareholder owner. That's because if you bother reading the SEC filings, as I've already pointed out, HMNY is already prepared for this and their SEC Form 424B5 dated 7-10-2018, page 11 covered the subject of a hostile takeover. In that event, AUTHORIZED but UNISSUED shares would be used to dilute like hell in order to prevent Triton (or any other shareholder) from being majority shareholder. That same form states HMNY can do "blank check preferred stock". Think about that for a moment. Remember that voting multiplier for Series A Preferred Shares? 3,205. 2 MILLION Series A Preferred Shares x 3,205 = 6.41 BILLION votes, more than the 5 BILLION common shares which gets 1 vote each.
LMAO!!! HMNY was prepared for this battle long before it started. They're doing everything in their power to limit cash burn, to buy time, including questionable tactics. My calculations show when they actually implement $14.95 *AND* if they can maintain a lowered cost (i.e. limit viewings to 10 a month, or 3 times a week so if you missed 3 weeks in a row, you can only go 3 more times as opposed to 7 days for the remaining week), they can break even and at least stop ATM dilution. That means less stock selling pressure and Triton can no longer achieve its goals of a takeover.
How this relates to the light's wave-particle duality is that the more Triton pumps this, the more bagholders will want to buy, hoping that something actually works out, thus PREVENTING the demise of the stock price, thus ALLOWING HMNY to survive by having to dump less shares, thus enabling the stock price to go higher, thus preventing HMNY from further dumping more shares since they have to dump less shares LOL. It's exactly the opposite of what Triton's goals are! But hey, maybe that was the point all along? What if Triton and HMNY were in cahoots together and this is just simply for HMNY to buy time? Or maybe they knew they couldn't actually takeover HMNY or MoviePass and was just using this PR in order to do a pump and dump and get out of some stuck position or make some money? The VERY ACT of attempting to stir news about a buyout is what ironically could lead to the buyout never happening. HMNY is then free to continue its mass destruction of generations and generations of longs. LOL you guys are funny.
And finally, Ted Farnsworth's history of wiping out 99%+ of shareholders and companies he's been with suggests to us he has no problem with seeing MoviePass and HMNY burn if he can't have it all. He's even boasted about never selling stocks of companies that failed. Ted. Simply. Does. Not. Care.
As many wise people before us have said: "If you think the cost of education is expensive, try the cost of ignorance". Do a little due diligence.
AI
