• MoviePass owner says it has a $300 million line of credit and could stay afloat for 17 months without raising more money

    5 monthes ago - By Chron

    Business Insider
    MoviePass owner Helios & Matheson Analytics' CEO, Ted Farnsworth, said he's "not worried at all" about the company's cash situation.
    He said the company had roughly $300 million available from an equity line of credit.
    However, the company's stock was trading at $0.68 at market close Monday, following a recent drop on concerns about its average monthly cash deficit and available cash.
    Farnsworth also teased an acquisition by the company to be announced in the coming days at the Cannes Film Festival.
    Ted Farnsworth - the CEO of Helios & Matheson Analytics, the parent...
    Read more ...

     

  • MoviePass owner says it has a $300 million line of credit and could stay afloat for 17 months without raising more money

    MoviePass owner says it has a $300 million line of credit and could stay afloat for 17 months without raising more money

    5 monthes ago - By Business Insider

    MoviePass owner Helios & Matheson Analytics' CEO, Ted Farnsworth, said he's "not worried at all" about the company's cash situation.
    He said the company had roughly $300 million available from an equity line of credit.
    However, the company's stock was trading at $0.68 at market close Monday, following a recent drop on concerns about its average monthly cash deficit and available cash.
    Farnsworth also teased an acquisition by the company to be announced in the coming days at the Cannes Film Festival.
    Ted Farnsworth - the CEO of Helios & Matheson Analytics, the parent company of MoviePass...
    Read more ...

     

  • MoviePass owner says it has a $300 million line of credit and could stay afloat for 17 months without raising more money

    MoviePass owner says it has a $300 million line of credit and could stay afloat for 17 months without raising more money

    5 monthes ago - By Business Insider

    MoviePass owner Helios & Matheson Analytics' CEO, Ted Farnsworth, said he's "not worried at all" about the company's cash situation.
    He said the company had roughly $300 million available from an equity line of credit.
    However, the company's stock was trading at $0.68 at market close Monday, following a recent drop on concerns about its average monthly cash deficit and available cash.
    Farnsworth also teased an acquisition by the company to be announced in the coming days at the Cannes Film Festival.
    Ted Farnsworth - the CEO of Helios & Matheson Analytics, the parent company of MoviePass...
    Read more ...