It's only 20m. I think they had the money available and just got it to produce public news so that people would say things like "who ever gave them the $20m would do their DD and they would expect to get paid." Little fishy took the bait. I bet they already got paid back. Just like when I get cash advances on my credit card and immediatly send off the same money I just advanced to bring my credit score up a couple points. They don't need loans right now. Patent settlement and future agreement will provide cash and ongoing income. My interest in HMNY is one thing only. The patent and future rights for it's licensing. The big picture has not one thing to do with movies. My money rides on the future of subscription payments. MP is just proof of concept and it and Movie Fone will be shed from HMNY. That's the future agreement concept I see for the agreement between them and Sinemia. That's why Sinemia came out with the franchise option for theaters. MP and MF will be handed to Sinemia on a silver platter after the subscription payment system is established. Then Sinemia gets to go public and hit the ground running with enough momentum to fledge with AMC.
As I suggested, $20M is effectively a short-term-loan, until dilution begins again en mass to raise funds to pay ithe $20M back. That’s my take. $20M ain’t much by MoviePass and Helios’ standards.
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