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StockItOut

10/14/18 1:51 PM

#33416 RE: chereb19 #33413

$20M is one month of subscriber full access. Three-to-four months of operating expenses. Not much money.

Def14a says MoviePass will continue to need to be funded.
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VegasTechInvestor

10/14/18 2:00 PM

#33417 RE: chereb19 #33413

So many people are short prior to RS because of what happened last time. So as soon as RS hits, they'll be buyers. And unlike before HMNY will not dilute right away. They need to stay above $1 for at least a week or two. So they will dilute, just not yet. Then all the shorts will get scared when the price slowly moves up instead of crashing so it squeezes higher.

I don't trust Ted with a million foot pole. That guy is trash. But he isn't so stupid as to dilute during that week window after RS and before the NASDAQ listing requirement. They probably have the cash ready for this time period.