1. Articles from nmcalone

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    1. A Passionate Army of Shareholders Has Shouldered MoviePass’ Massive Losses, as its Leadership Feeds Them Empty Assurances

      A Passionate Army of Shareholders Has Shouldered MoviePass’ Massive Losses, as its Leadership Feeds Them Empty Assurances
      • MoviePass and its parent company, Helios and Matheson Analytics, have covered massive losses by selling new shares of stock to a passionate base of retail shareholders.
      • At a special shareholders meeting in July, Helios CEO Ted Farnsworth characterized them as an “army” and stressed that he had their best interests in mind, while seeking support for measures he needed passed.
      • Within days, several assurances Farnsworth made at the meeting started to unwind...
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      Mentions: Leadership SEC Nasdaq
    2. A Board Member of MoviePass' Parent Company Has Resigned and Accused Management of Withholding Material Information 'For Several Months'

      A Board Member of MoviePass' Parent Company Has Resigned and Accused Management of Withholding Material Information 'For Several Months'

      Carl Schramm has resigned from the board of MoviePass' parent company, Helios and Matheson Analytics, the company disclosed in a Securities and Exchange Commission filing Thursday.

      In Schramm's resignation letter, he said that for several months he'd raised "questions and expressed concerned about the corporate governance" of Helios, and he accused management of withholding material information from the board for months...

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    3. MoviePass Has Deep Ties to an Indian Company that's been Accused of Defrauding Creditors and Got Kicked off 2 Stock Exchanges

      MoviePass Has Deep Ties to an Indian Company that's been Accused of Defrauding Creditors and Got Kicked off 2 Stock Exchanges
      • The long-term viability of MoviePass and its parent company, Helios and Matheson Analytics (HMNY), has been thrown into question as its monthly losses have risen to $45 million. HMNY's leadership has also made "confusing" statements about its financial situation...
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    4. Former MTV President and Yahoo Board Member Predicts What Will Happen to the Tech Industry in 2016

      Former MTV President and Yahoo Board Member Predicts What Will Happen to the Tech Industry in 2016

      On Tuesday, top business strategist Michael Wolf gave a massive presentation on the future of tech and media in 2016 at The Wall Street Journal's conference. He shared that the average American spends more time on tech and media then sleeping, and predicts that messaging will blow past social networking. But if you are all prepped for the cord-cutting revolution, you’ll have to wait a little ...

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      Mentions: CEO
    1-4 of 4
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