DOJ Announces the Paramount Consent Decree to be Reviewed

This is big news for Moviepass fans. Moviepass seeks to vertically integrate movie production. A change here would be very positive for Moviepass in that MP has already has begun patching together a vertical solution for theatrical release. MP Ventures @ MP Films combined with MP Subscription could change the game massively.

Oh – and only if MP can survive….

70 Million Shares of HMNY Traded so far Today! WTF? Pure Evil Today

Never in the history of stock trading has their been more ridiculous volume than this issue.

How is this possible? Naked Short Selling is going through the roof, combined with Massive ATM Dumping. And NO SEC ACTION!

The SEC, FINRA, NASDAQ officials ALL know that this is happening and some officials have even as much admitted it to tipsters who are writing to me. This is a scandalous fraud and it undermines the integrity of the markets when allowed to continue unabated by all regulators.

That no regulator will comment on public record on a massive highly visible spectacular folly like this is absolutely absurd.

Tipsters have alerted me to the potential that Robinhood is making shares of HMNY available for shorting in dark pools, and investors on the platform are totally unaware that their “investment” in Moviepass is actually being used against them to help naked short sellers have confidence that they can cover their positions at any time.

All of this is being done in brutal effort to purposefully pound the stock down to bankruptcy levels.

Farnsworth and Lowe should be screaming from the rooftops and pressing regulators to investigate every possible violation here.

Why have they done nothing? Are they in on this scam?

Some believe that Farnsworth may be collaborating with Hudson Bay and Oppenheimer Funds, siphoning money out of these short sale gains off to the Cayman Islands. That is a radical idea. But nobody thinks it is radical that Farnsworth would be a crook!

HMNY has turned out to be one of the most bizarre, illegally manipulated stocks ever on the face of the planet.

How can the US Government Agencies and the Public Markets not make any moves to investigate this and offer some kind of explanation!!??

This is a fraud unlike we have seen since Bernie Madoff!

Pure criminal, pure evil going on here!

70 Million Shares and a float of what 5 Million? This is manipulation like we have never seen!

Moviepass is Getting Fiesty

Finally HMNY and Moviepass is showing some fight. Heck I am starting to think they want to stay in business too! This morning’s Press Release is a welcomed change in attitude and fight.

Up to last week I wondered if the management at HMNY and Moviepass was totally asleep at the wheel, cocky, stupid or just lame. Well truth be told a bit of all of those things have applicable to Moviepass for the past few weeks! A poorly managed shit show best describes the slow train wreck at HMNY.

But now we see the little company that has a soul and a little of fight in it!

It takes a little bit of soul, and a cause to believe in to rally the troops at a beaten down Company. And good PR – even if it has to start with your own PR team, is a great start to building some goodwill with your employees and eventually your customers. Here’s my favorite part of the release:

“Exhibitors know that without MoviePass they will be able to continue to charge exorbitant prices for theater tickets and gouge customers with overpriced concessions. This is exactly the attitude the taxicab industry took when Uber entered their market.

Furthermore, any crowing about the uptick in box office receipts this summer season should include the fact that a significant percentage of that total is directly attributable to MoviePass subscribers.”

Wow! Finally they are telling a story that makes some sense! They are fighting for something that is worth fighting for, and they are getting closer to a plan that has some level of realistic math associated with it!

They even stole a line I used here in this blog a few weeks back!

To paraphrase Mark Twain: Talk of our demise is greatly exaggerated

It’s like they don’t think they are dead yet!

And they want to keep on fighting!

Go Moviepass go!

There is Massive Illegal Naked Short Selling of HMNY Going On – More On this Soon

There is a massive amount of naked short selling happening with HMNY. Tipsters believe that Robinhood and maybe others have created dark pools of shares available to naked short sellers who are maliciously shorting the stock.

The theory that AMC via their Chinese connections has come up again and again from multiple tipsters.

There is also some evidence that Oppenheimer Discover Growth Funds has been setup illegal arbitrage of Convertible Notes issued by Hudson Bay. Similar to what happen with CEI where the debt was used to essentially BK the company and ended up seeing CEI sue their lender.

This stock has been and continues to be massively manipulated. The SEC needs to step in and halt the action and clean up this mess! All who read this blog should call the SEC and violently complain!!!

AMC is likely behind this massive fraud.