Is HMNY Going Out Of Business?

Who owns Helios and Matheson?

SecurityHMNY / Helios and Matheson Analytics Inc.

(42327L200)LEI529900AJAGNXN11U0793Finpedia ArticleHelios and MathesonIndustryMiscellaneous Business ServicesInstitutional Owners174 more rows.

Who is the CEO of MoviePass?

Mitch Lowe (Jun 28, 2016–)MoviePass/CEO

What happens to my HMNY stock?

Your stocks are yours until you sell them. If someone bought the company that would mean buying Ted and K. Muralikrishna’s shares.. whoever owns the most shares has majority control of the company.

What does HMNY mean?

Horns at Midnight New YearHMNY — Horns at Midnight New Year.

Why did Helios and Matheson crash?

Follow HMNY’s stock price in real-time here. As shares of Helios and Matheson Analytics — the parent company of MoviePass — plunged toward zero this summer, investors on the free trading app Robinhood kept piling in to the stock. … But shares started crashing before markets could even open on the day of the split.

What is happening with MoviePass?

Share All sharing options for: MoviePass is shutting down September 14th. MoviePass, the subscription service that spent enormous amounts of venture capitalists’ money subsidizing movie tickets in a bid to upend the theater business model, is officially shutting down on September 14th.

What will happen to Helios and Matheson?

The new company would be 51% owned by Helios and the remainder by EFO. … The company’ stock was delisted on February 12, 2019, from the NASDAQ and moved to OTC Markets. On January 28, 2020, the company filed for chapter 7 bankruptcy and announced plans to liquidate its assets.

Why did MoviePass shutdown?

On Friday, MoviePass notified remaining subscribers that it would be shutting down the service effective Sept. 14, 2019, because “its efforts to recapitalize MoviePass have not been successful to date,” parent company Helios and Matheson Analytics announced.

Will MoviePass ever come back?

MoviePass, the long-embattled film subscription service, has shut down for “several weeks” in order to complete work on an updated version of its app and to recapitalize for when the service relaunches. … The service shut down on July 4th at 5AM ET, and MoviePass has not announced when it will come back online.

Is HMNY done?

It’s over. Helios and Matheson Analytics (HMNY), the parent company of MoviePass, announced today that they’re pulling the plug on the famed monthly movie ticket subscription service which offered unlimited tickets for $9.95 a month.

Can HMNY stock recover?

If the company gets its act together and the stock goes up, you might get your money back. … This stock is never recovering, haha.