Replies to post #31150 on Helios and Matheson Analytics Inc (HMNY)

[naturalborninvestor]

The market doesn't absorb more dilution no matter how much funding is "secured". If this falls under a cent, delisting to OTC will happen, further restricting abity to raise cash. At that point, CH11 is inevitable because the company has a funding need of about $10M per month.

[StockItOut]

They already don’t have sufficient share reserves to access that $80MM.