Helios and Matheson Analytics Inc (HMNY)

[RoamingBull]

Yes always good to have a pacer account AND read all the documents. It's only 10 cents a page to view/print. There are several documents in the file related to the show cause. You really cannot make a case using one single entry.

"Document 28
Plaintiff MoviePass Inc. and Defendant Sinemia Inc. hereby jointly request that the Court stay this case until October 5, 2018 so that the parties can complete final written agreement that will resolve this litigation. The parties signed a written term sheet on June 7, 2018, and jointly requested that the Court stay the case until July 12, 2018.

At the time, the parties expected to complete and execute a final written agreement by that time. However, the completion of the final written agreement has been delayed for a number of reasons, including the international aspects of the agreement and the need to comply with foreign legal and regulatory requirements.

The specific reasons for the delay, as well as specifics regarding the status of the parties’ negotiations, are set forth in the Sealed Declaration Of Nicholas Brown, Dkt. No. 26. Thus, the parties jointly requested, that the Court extend the stay of this case until August 24, 2018.

These same reasons have continued to delay completion of a final written agreement between the parties. Thus, the parties jointly request that the Court further extend the stay by a further 45 days, to October 9, 2018.
Dated: August 23, 2018"

Red text not pacer but my highlight.

Bottom line is MP prevailed in the lawsuit and a final agreement is pending. Plenty of possibilities of what that will look like. Several have been mentioned in previous dialog on this thread