Replies to post #36360 on Helios and Matheson Analytics Inc (HMNY)

[420man]

Known for awhile, thus the reason for not exposing my capital to the Ted & Mitch dilution machine.

Sadly, shareholders didn't want the RS (which is totally understandable) but without it, HMNY will have basically no ability to sell shares to lenders except for the most ruthless. Therefore, there is really only a few remaining outcomes... Some sort of POS spinoff, stock drops to sub penny to force holders to approve RS, Bankruptcy, or a vulture buyout.

I'm STILL leaning towards BK buyout after 5 months of coming to that conclusion. The other is an eventual RS to wipeout shareholders in order to reward a vulture lender.

Sad state of affairs for a Company and stock that was riding high just a year ago. Some peeps made untold fortunes on this play!!