After Losing 99% of its Value, MoviePass' Parent Company is Getting Ready to Ask Shareholders to Support its CEO and approve his Pay
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- Helios and Matheson, the parent company of MoviePass, has scheduled another shareholder meeting.
- Unlike a meeting it cancelled last month, this is its standard, annual gathering of shareholders, where investors will get to vote on its director nominees and what it pays executives.
- Even those proposals could prove controversial, considering how much the company's stock has declined this year — as much as 99% from the start of the year...