Helios and Matheson Analytics Inc (HMNY)

[Threeflight]

I have come to the conclusion, partly based on what Mitch Lowe did with NTEK, that this is a share selling scam only, with insiders knowing the business model can never work.

Mitch Lowe did the same thing with NTEK. I even met him at a shareholders meeting a few years ago in San Jose. Come to find out he and his partners were loaning the company money, getting shares back at about a 75% discount, and then selling those shares.

He and his HMNY partners are doing similar here.

In both NTEK's case and with HMNY, they do a great job in picking a story that investors will like. In NTEKs case some sort of magic 4k TV streaming, and in HMNYs case.....movies subscriptions at a price that cannot possibly ever make money.

In the meantime these guys dilute the share structure over and over and over, collecting huge salaries and stock bonuses....and eventually the stock and company goes to .0001 before one RS after another.

I have to hand it to Mitch, he certainly is keyed in to what kind of product people will dream and fantasize about.

There is just no way, even at $9.95 for 3 movies, that this business model will ever work without doing a partnership of some sort. With NTEk that was always the pump....we are bringing in BIG partners.

It never happened.

It doesn't look like it is at HMNY either.