Helios and Matheson Analytics Inc (HMNY)

[420man]

Burn rate for Q1 was $68 Million, and thus I'm sure the numbers won't be too far off from that for Q2 seeing that there really wasn't any fundamental change that would drastically swing the numbers ethier way.

So 2 X $68 million = $136,000,000 and it is quite obvious that dilution has yet to end which leads me to believe they are trying to generate enough funds to cover Q3 which we are currently in. Therefore add another $68 Million and you get $204,000,000 to cover the past and present cash burn for all 3 Q's.

Q1 average share price and volume was?

Q2 average share price and volume was?

Q3 average share price and volume is and will be?


Going by your estimate of 100 million OS for this Q divided by their past cash need of $68M per Q would be an average share price of shares sold of $1.47. The huge volume days didn't really pick up until the past 10 trading days which leads me to believe that ethier the OS is more like 250 million (and this Q isn't even over yet) which would be an average share price sold of $.58, or there are a lot of air shares (I know people will want this to be true, but I'm not buying it).

We're only half way through Q3 and the SP is at .05, and they likely have another $34 million they want/need to generate, but with a SP of .05 and a terrible Q2 coming out in days, how are they going to pull it off? They are in a huge pickle ATM and their past actions show they have not been kind to the shareholder. They need a cash infusion or they can only stay afloat for a couple months at that.

So...

1. They just continue to dilute like crazy down to sub penny land.

2. Get a merger or buyout offer that covers the finances needed.

3. Come out with a fluff PR blitz to dilute shareholders on the run.

4. Do another RS.

OR

5. File for Bankruptcy protection. It appears Ted is willing to go down with the ship rather than sell, therefore Chp 11 would provide enough protection and time to come out of the gates in a few months like a new shiny penny ( no pun intended). Chp 11 would also provide DIP, and force providers not to shut of the services that seem to be on the edge at the moment.

All the above is JMO