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Re: chereb19 post# 33421

Sunday, 10/14/2018 5:51:49 PM

Sunday, October 14, 2018 5:51:49 PM

Post# of 52224
Why keep saying things I said which I did not. That the lender does not expect the $20M back? Never suggested, much less even said, this. Ever.

That conversion price on the June Notes was what, $250. Only to be issued upon shareholder vote. Was never going to happen. So yeah, tearing up a deal which is effectively dead?, not a problem.

Yes, that 3% $20M loan is noteworthy. I agree. I expressed this to you earlier (yet still, you tend to impose I say things I don’t). I just also explained my take on the $20M.


As for, Near break-even to profitable, yeah, maybe, I understand. So, how about addressing too, the counter point as was replied to you previously: The Def14a clearly states Helios itself expects MoviePass to need ongoing funding from Helios, which will lead to HMNY dilution.

Teddy likely is painting a sweeter picture to appease lenders or Note financiers, and for the Q3 release. And to appease Retail, his No. 1 financiers! At the same time their MoviePass subscription service has become barebones for anything other than a partner-theater movie club.

For Q3, remember they still had July before their subscription changes and peak pricing started, then aborted, and then reduction to a 3 movies per month subscription. Was July a high-spending expensive month?

Get it. You’ve determined their moves will drive the share price higher. And that a Reverse will not occur.