Helios and Matheson Analytics Inc (HMNY)

[naturalborninvestor]

Taking the business off for several weeks to implement an app update is total bullshit. Company is out of money and out of options. The term "recapitalization" is key here. They are still pushing for RS, but apparently facing intervention from a regulatory body or shareholder activist. We may even see voting results declared void.
Had Mitch indicated "strategic alternatives" rather than "recapitalization", I'd be more positive for a buyout scenario.