Replies to post #49486 on Helios and Matheson Analytics Inc (HMNY)

[~ Blue ~]

I believe you are right.

If it was only one bid from Ted, one would think it shouldn’t take 3 weeks, plus why would he need Rasky Partners to promote his bid? If he was too cheap why spend money on promoting his bid? He can easily convince the strategic review comm to sell him the Co assets.
Also Ted has to have good business relationship with Bruce, El, Stallone, Mel and others in Hollywood, from working with them last two years, who have millions in assets....I believe he was co CEO or Chairman of MP Films.......Just my 2 cents.......

[~ Blue ~]

I wonder MoviePass founders they hold 7% of shares.. What do they think they got 100 milion dollars by selling 93% of Moviepass to HMNY..

[StockItOut]

Think legal, and liability mitigation. That would be Ted.

Who works as CEO, garners money and investors in the background while working as an insider, to bid to take over the company? And then only to quit and make a bid both on the same day?

Give it breathing room to establish (or attempt to establish) no conflict of interest. In particular if Helios intends to shut down.

Odds are good deal and announcement of company shut down occur on the same day.