Ted doesn't care about shareholders, only that he can continue milking them. I would be surprised to see any shareholder letter. The only hope lies in his own fear of a hostile takeover and Mitch's hope of salvaging MoviePass.
Agreed. We need to see the outstanding shares. Right now that's the only thing that matters. If it's over 80 million, we see continued bleeding. If it's under 10 million, the stock rockets. I expect to see around 100 million by now, only because each time a Yahoo Finance handle called "Stock Facts" or "Watching" shows up to pump, the stock tanks. He appears to be working for Canaccord. Using his pump dates, we can probably deduce when Canaccord is dumping. This pumper created fake accounts in multiple areas and started pumping in early May, right around when Canaccord first started dumping on May 9th. He didn't pump when Mitch was on those interviews (maybe he's Mitch? j/k). After Match was done, he started pumping again as if to wait to see what the stock would do and then start pumping immediately after so they could sell. He was around all yesterday when level II was showing a seller at 6 cents, which I already deduced it's HMNY instructing Canaccord not to sell below 5 cents. He was around again yesterday, which I believe due to the stock tankage, HMNY probably instructed them to drop the limit to 5 cents.
Knowing the real OS will give us 100% the cash burn rate between August 1 and now, which is the time frame they started the "outages", and we have a basis of the July 31st 6.7 million OS (and hopefully cash in the bank numbers) to work as a starting point.
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