|Over a quarter ago|
MoviePass owner Helios and Matheson files for permanent bankruptcy » 15:1301/2901/29/20
In a filing the company…
In a filing the company said, "After considering strategic alternatives, Helios and Matheson Analytics and its subsidiaries MoviePass and Zone Technologies each filed a voluntary petition for relie under the provisions of Chapter 7 of Title 11 of the United States Code Certain Officers of the company including Prathap Singh, Gavriel Ralbag, Muralikrishna Gadiyaram and Joseph Fried have tendered their resignations which effectively eliminates the powers of the company's Board of Directors. Parthasarathy Krishnan tendered his resignation as the company's Interim Chief Executive Officer effective upon filing the Petition."
Twelve option delistings on January 21st » 08:3001/2101/21/20
DL, FRAN, HMNY, LIFE, NIHD, NVLNF, SES, SMTA
Option delistings effective January 21st include China Distance Education (DL), Francesca's (FRAN), Halcon Resources Corporation New (HKRSQ), Helios and Matheson Analytics Inc (HMNY), iPath Bloomberg Coffee Subindex Total Return ETN (JJOFF), aTyr Pharma (LIFE), NII Holdings Inc (NIHD), Novelion Therapeutics Inc (NVLNF), iPath S&P GSCI Crude Oil Total Return (OILNF), Synthesis Energy Systems (SES), Spirit MTA REIT (SMTA), and Scully Royalty (SRL).
Helios and Matheson board forms strategic review committee » 15:5309/1309/13/19
Helios and Matheson…
Helios and Matheson Analytics announced that its board of directors has formed a strategic review committee, composed entirely of the company's independent directors, to identify, review and explore all strategic and financial alternatives for the company, including a sale of the company in its entirety, a sale of substantially all of the company's assets including MoviePass, Moviefone and MoviePass Films, a business reorganization or one or more other extraordinary corporate transactions, together with the assumption or settlement of the company's liabilities in connection with any of these alternatives. There can be no assurance that the committee's review process will result in any transaction. In addition, on September 13, MoviePass notified its subscribers that it would be interrupting the MoviePass service for all its subscribers effective September 14, because its efforts to recapitalize MoviePass have not been successful to date. The company is unable to predict if or when the MoviePass service will continue. The company is continuing its efforts to seek financing to fund its operations. There can be no assurance that any such financing will be obtained or available on terms acceptable to the committee, the company added.
MoviePass exposed card data of thousands of customers, TechCrunch says » 18:5908/2008/20/19
MoviePass, which is…
MoviePass, which is majority owned by Helios and Matheson, has exposed tens of thousands of customer card numbers and personal credit card information because a critical server was not password-protected, TechCrunch's Zack Whittaker reports. SpiderSilk researcher Mossab Hussein discovered an exposed database on one of MoviePass' many subdomains, Whittaker says, noting that the database was very large, containing 161M records at the time of writing and growing in real time. Many of the records were typical computer-generated logging messages used to ensure the running of the service, but some also included sensitive user data, the author notes. Reference Link
Helios and Matheson delays Q2 10-Q filing » 17:0508/1608/16/19
Due to time and resource…
Due to time and resource constraints on the accounting staff resulting from finalizing the Helios and Matheson Analytics' annual report on form 10-K for FY18 and quarterly 10-Q Report for Q1 of 2019, which have not yet been filed with the SEC, the company requires additional time to complete the quarterly report on Form 10-Q for Q2 of 2019.