Replies to post #39210 on Helios and Matheson Analytics Inc (HMNY)

[Jreyes013]

Reason why the rate is .77 is because they are not letting people watch the movies they want. Consumers are pissed off. Once the annuals finish cancelling this thing will have less than 1 million subs

[StockItOut]

No. Helios made no such statement.

HMNY did make that statement but MP have also said they won't be taking any more funding. Again, my opinion is that they won't need any funding due to the a neutral Cash flow model.

Mitch, however, stated that MoviePass didn’t (at that time) want to take more funding from Helios. This may change, it may not. MoviePass may have no choice but to. MoviePass may have other funders and investors lined up.

Helios has relayed that its MoviePass will need more funding, and throughout 2019 too. Ignore the sec filing, if you choose. MoviePass will be losing money in 2019. Helios says so. Logic makes sense so, if based upon their ‘new(er)’ subscription models, and if they in fact allow subscriber usage as promoted and sold. If they don’t, they’re done; they will have blown all trust.