$HMNY ~The Most Undervalued NASDAQ Stock~ New DD
Post# of 66
1) SEC 8K OOUT: REVERSE SPLIT CANCELLED!
http://secfilings.nasdaq.com/filingFrameset.a...;View=html
2) As of October 4, 2018, the June 2018 convertible notes aggregating $164.0 million have been fully extinguished
https://www.businesswire.com/news/home/20181115005542/en/
3) The ATM offering has terminated and, as a result, Helios is no longer using an ATM offering to raise capital and has not used the ATM since August 27, 2018.
https://www.businesswire.com/news/home/20181115005542/en/
4)GREAT FINANCIAL OUT:
A) REVENUE INCREASED 9.8% TO 80.5 MILLION DOLLARS
MoviePass Segment revenues increased $7.2 million, or 9.8%, from $73.3 million to $80.5 million, in the quarter ended September 30, 2018 as compared to the prior quarter ended June 30, 2018. The increase is primarily driven by MoviePass, which generated $79.9 million during the quarter ended September 30, 2018 as compared to $72.8 million during the prior quarter ended June 30, 2018, an increase of $7.1 million, or 9.8%.
B)OPERATING LOSS DECREASED TO $28.5 MILLION FROM $104.7 MILLION
MoviePass Segment gross margin improved $76.2 million, or 72.8%, from a loss of $104.7 million to a loss of $28.5 million, in the quarter ended September 30, 2018 as compared to the prior quarter ended June 30, 2018, driven primarily by MoviePass, whose gross margin improved by $75.5 million, or 70.6%.
C)MONTHLY USAGE PER SUBSCRIBER REDUCED TO .77 FROM 2.22
Average monthly usage per subscriber was dramatically reduced to .77 movies per month in September 2018, as compared to 2.22 movies per month in April 2018 (see graphic).
https://www.businesswire.com/news/home/20181115005542/en/
5)SEC FILINGS says MoviePass has 3.2 million subscribers As of August 10, 2018,
page 46
http://secfilings.nasdaq.com/filingFrameset.a...;View=html
ALSO MOVIEPASS.COM says Join Over 3 Million Subscribers
Discover and enjoy the latest movies at your local theater
https://www.moviepass.com/
6) CEO says the company will be Profitable in 2019.
Took Netflix 36 months to get 1 million subscriber. Took MOVIEPASS 4 months to get 1 million subscriber
See link: https://youtu.be/QMU2v-EUdJI
ALSO MoviePass CEO: New plan gets us to cash-flow positive
see Link: https://www.youtube.com/watch?v=Pjjy4fxklUo
7) HMNY has 1.6 billion shares, share price .017
PLEASE READ SEC new FILINGS CAREFULLY
http://secfilings.nasdaq.com/filingFrameset.a...;View=html