Articles from JasonGuerrasio

1. MoviePass is Shutting Down

   Explore Business Insider Sep 13 2019 BoardNews

   

   Helios and Matheson Analytics (HMNY) announced Friday that it will shut down MoviePass on Saturday.

   The movie-ticket subscription service along with Moviefone and MoviePass Films, which are all owned by HMNY, will be up for sale, according to a press release...

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   Mentions: Sale MoviePass

2. MoviePass' Parent Company Admits Investors Can't Rely on Some of its Previous Financial Statements, and Says it Underestimated Losses

   Explore Business Insider Mar 12 2019 BoardNews

   

   • MoviePass' parent company, Helios and Matheson Analytics (HMNY), said in a filing with the Securities and Exchange Commission on Tuesday that its previously issued quarterly and year-to-date financial statements were not accurate.
   • The company said the errors related primarily to the "overstatement of subscription revenues" in the third quarter of 2018 for MoviePass.
   • The result was an underestimated net loss for HMNY of $6.6 million, the company estimated...

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   Mentions: Nasdaq MoviePass earnings

3. MoviePass' Owner Lost $130 Million Last Quarter, as it Saw a 'Significant Decline' in Subscribers and 2 More Board Resignations

   Explore Business Insider Nov 15 2018 BoardNews

   

   • MoviePass' owner, Helios & Matheson Analytics (HMNY), reported a loss of $130 million for the three months ending September 30, according to its third-quarter filing with the Securities and Exchange Commission.
   • It also noted that MoviePass has suffered a "significant decline" in subscriptions due to unpopular changes.
   • Two board members resigned in October the day after HMNY announced that it was planning to branch off MoviePass into its own publicly traded company...

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4. MoviePass' Parent Company Has Canceled a Long-Delayed Shareholders Vote, as it Tries Desperately to Stay on the Nasdaq

   Explore Business Insider Nov 13 2018 BoardNews

   

   • MoviePass parent company, Helios & Matheson Analytics (HMNY), announced Tuesday that it had canceled a special shareholders meeting regarding a vote on a proposed 1-for-500 reverse stock split.
   • The meeting was postponed twice and then canceled because the company said it "does not expect to have the requisite stockholder votes to approve the proposed reverse stock split," according to an SEC filing...

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   Mentions: Stock Market Nasdaq Shareholders Meeting

5. As MoviePass Investors Rage Against Management, its Parent Company has Delayed a Crucial Shareholders Meeting

   Explore Business Insider Oct 16 2018 BoardNews

   

   • MoviePass' parent company, Helios and Matheson Analytics, has postponed its special meeting of stockholders regarding the vote on a 1-for-500 reverse stock split to November 1.
   • The meeting was originally scheduled for Thursday.
   • MoviePass investors have voiced their displeasure with Helios and Matheson about the proposed reverse split on Twitter...

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6. MoviePass' Parent Company Wants Approval for a Dramatic Reverse Stock Split of up to 1-for-500, just Months after its 1-for-250 one Failed to Stabilize the Stock

   Explore Business Insider Sep 17 2018 BoardNews

   

   • MoviePass' parent company, Helios and Matheson Analytics, will propose a reverse stock split of up to 1-for-500 to its shareholders in a special meeting next month.
   • It's the latest attempt by the struggling movie-ticket subscription service to not have the HMNY stock be delisted by the Nasdaq in mid-December.

   Next month, MoviePass will try its most dramatic step yet to revive its failing stock...

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   Mentions: Nasdaq MoviePass Risk

Topics in the News

1. (6 articles) MoviePass
2. (4 articles) Nasdaq
3. (3 articles) SEC
4. (3 articles) Board of directors
5. (2 articles) AMP
6. (2 articles) social media
7. (2 articles) Shareholders Meeting
8. (2 articles) Investors
9. (1 articles) Costco
10. (1 articles) Sale
11. (1 articles) Poison Pill
12. (1 articles) Delaware Court of Chancery
13. (1 articles) The Williams Companies, Inc.
14. (1 articles) Starboard Value
15. (1 articles) Takeover
16. (1 articles) Delaware
17. (1 articles) Activist
18. (1 articles) Oil

Popular Articles

• As MoviePass Investors Rage Against Management, its Parent Company has Delayed a Crucial Shareholders Meeting  
• MoviePass' Parent Company Has Canceled a Long-Delayed Shareholders Vote, as it Tries Desperately to Stay on the Nasdaq  
• MoviePass' Owner Lost $130 Million Last Quarter, as it Saw a 'Significant Decline' in Subscribers and 2 More Board Resignations  
• MoviePass' Parent Company Wants Approval for a Dramatic Reverse Stock Split of up to 1-for-500, just Months after its 1-for-250 one Failed to Stabilize the Stock  
• MoviePass' Parent Company Admits Investors Can't Rely on Some of its Previous Financial Statements, and Says it Underestimated Losses  
• MoviePass is Shutting Down  

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