They got $5MM in funding at loan shark rates so that their credit card processors would turn them back on. I'd expect an after-market announcement, at this point. That *might* be enough cash to get them through the weekend.
tim On Fri, Jul 27, 2018 at 12:57 PM CBB - Jay Fuller <[email protected]> wrote: > > Her Reddit they were completely down last night... haven't checked on > anything today > > Sent from my smartphone > > ----- Reply message ----- > From: [email protected] > To: <[email protected]> > Subject: [AFMUG] OT Moviepass > Date: Fri, Jul 27, 2018 11:38 AM > > I bought HMNY at 60 cents per share. (Down from their 52 week high of > $38). > > This morning that is now worth and equivalent of 1.1 cents per share. > (250:1 reverse split happened a couple of days ago). > > (Didn’t buy very much). Wheeeee > > Better use those MoviePass cards as much as you can over the next few > days. I expect them to announce they are shuttered any moment. > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- Tim Cailloux Southern Internet -- Locally Owned and Operated [email protected] (404) 406-9911
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