Helios and Matheson Analytics Inc (HMNY)

[chereb19]

agreed they need to be reserved buy may never be needed for the existing notes. HMNY has redeemed restricted principal on these notes in the past and there if they have a positive cash flow they can do it again.

The play has always been for Hudson to convert and then short when they sell in the market. They have been doing this for the whole year, however with the share price and trading volume so low I can't see there is much of an opportunity for them.

if the vote to a new R/S is a No I can't see Hudson prepaying any more funds, they will get a better return on the interest on the notes.

I'm staying long with the expectation that HMNY secures new funding, these notes get redeemed and the dilution reduces or stops completely.