|Bid||0.031 x 39400|
|Ask||0.031 x 3100|
|Day's Range||0.027 - 0.034|
|52 Week Range||0.027 - 9,715.000|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3,000.00|
NEW YORK, Aug. 17, 2018-- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have until the lead ...
The country's leading multiplex operator signed up more than a quarter-million AMC Stubs A-List subscribers in just seven weeks. MoviePass is failing at just the right time.
Seven weeks after launching its answer to MoviePass, AMC Theatres announced that its moviegoing subscription program has accounted for 1 million movie tickets to its theaters.
It's yet another change to the service as MoviePass seeks to curtail massive losses. MoviePass is transitioning users to its new pared-down movie subscription plan. MoviePass is adding even more restrictions as it transitions users to its new pared-down movie subscription plan.
Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of the securities of Helios and Matheson Analytics Inc. (HMNY) from August 15, 2017 through July 26, 2018, inclusive (the “Class Period”).
NEW YORK, Aug. 16, 2018-- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving ...
Stull, Stull & Brody (“SS&B”) announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Helios and Matheson Analytics, Inc. (“HMNY” or the “Company”), from August 15, 2017 through July 26, 2018 (the “Class Period”), alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
The owner of MoviePass Inc., the hard-pressed movie-theater ticket subscription service, is facing two class-action lawsuits alleging investors took a bath because the company didn’t come clean about being unable to pay its bills. MoviePass parent Helios & Matheson Analytics Inc. omitted and misstated its financial prospects in press releases when it touted a "sustainable" business model, the shareholders claim in two lawsuits filed in Manhattan federal court. To stop the financial drain, MoviePass stopped offering unlimited movie tickets for $9.95 a month, and as of Wednesday movie buffs can only see three films a month instead.
Helios and Matheson Analytics Inc (NASDAQ: HMNY) has known MoviePass is a ticking time bomb for a while. For the past several quarters, Helios has said it has “substantial doubt” about its ability to continue operating if it is unable to raise additional capital. Helios is desperately trying to prove to investors that its money-losing MoviePass business can be a viable, profitable long-term model.
NEW YORK, Aug. 15, 2018-- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have until the lead ...
Helios and Matheson Analytics Inc. quietly posted its quarterly earnings late Tuesday, revealing an operating loss of $127 million for the three months ended June 30.
Data and technology company Helios and Matheson Analytics Inc. (HMNY) (“Helios”), owner of MoviePass, today reflected on its one year anniversary of its revolutionary movie subscription service and formalized plans for it new, sustainable business model. With only eight employees at the time, MoviePass was considered a fringe player supporting 720 partnered screens and having 15,000 subscribers. When MoviePass lowered its subscription price from $20 per month to $9.95 per month, it created a movement bringing movie enthusiasts back to movie theaters and became a boon to a declining industry which, one year later, is showing signs of a financial rebound.
The company that owns MoviePass lost a ton of money last quarter. Unsurprising, I realize, but in context, it’s actually a bit of a mind boggling. The more austerely named Helios and Matheson Analytics had one heck of a tough quarter, posting a $126.6 million operating loss, as compared to a loss of $2.7 million a year prior.
Back when MoviePass first announced its $10-a-month subscription for one movie a day, AMC said the scheme was like "turning lead into gold." Since no alchemist stepped forward to do that for MoviePass, the movie ticketing service's parent company, Helios and Matheson Analytics, has posted a massive operating loss that reached $126.6 million (overall net loss of $84 million) for the quarter ending on June 30th. In the lawsuit, the plaintiffs said the promises the service made "are materially false and/or misleading" and that "there was no reasonable basis to even imply that the MoviePass business model could lead to profitability." Such a massive loss probably comes as no surprise to people following news about the service, given that it has been bleeding cash these past months.
Helios and Matheson Analytics Inc. (hmny) the parent company of MoviePass, lost millions of dollars in the second quarter as the subscription-movie offering sought to change its rules. In a Tuesday afternoon filing with the Securities and Exchange Commission, Helios and Matheson reported a net loss of $83.7 million on revenue of $74.2 million in the quarter ended June 30. Because Helios and Matheson does not have full control of MoviePass, some of those losses were reduced, as the company reported a comprehensive loss attributable to shareholders of $63.4 million, or $132.47 a share.
MoviePass, the beleaguered theater subscription service, lauded its achievements Wednesday even as shares of its parent company plumbed fresh lows. After reporting ballooning losses Tuesday, parent Helios & Matheson Analytics Inc. issued a celebratory statement marking the year since it bought MoviePass. Despite financial troubles, the service has attracted millions of subscribers with the promise of seeing movies in the theater for $9.95 a month.
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Helios and Matheson Analytics Inc. from August 15, 2017 through July 26, 2018, inclusive of the important October 1, 2018 lead plaintiff deadline in the class action.
Unfortunately for investors, ReShape Lifesciences (NASDAQ:RSLS) seems much more effective at cash burning than fat burning. The weight loss devices company has fallen on hard times. RSLS stock has plunged more than 90% over the past month and has plummeted more than 99% over the past year.
The subscription service hit its latest snag on Tuesday, Aug. 14. In a bid to improve the company's finances and business model, starting next month, MoviePass will offer a new plan in which subscribers will be limited to three movies a month for $9.95, plus $2 to $5 off additional movie tickets purchased within the billing cycle. Under continued financial pressure, Helios and Matheson Analytics performed a 1-for-250 reverse stock split in July.