Helios and Matheson Analytics Inc (HMNY)

[newztanz]

HMNY destination OTC. I think it's where they want to go. The benefits out weigh the negatives for them. They have been unable to aquire funding on NASDAQ so it serves no purpose for them to strive to stay on the big board. Apparently they have extinguished their liabilities and if are closer to being debt free, no reason to need funding. If they do achieve sub cost neutrality then yet another reason to not need to be NASDAQ listed. Plus I have a theory as to how HMNY has been funding it's daily operations costs and it would fit along with the potential for the larger spread opportunity OTC would provide. Once it goes to OTC the public attention it receives will be far less as well. Everyone expects it to go there and once it does will be forgotten about in the publics eye. Maybe someday we see the MP list on NASDAQ only goal would be to aquire IPO opportunity. But all in all I really see MP going private. This week should be something to experience.