After losing 99% of its value, MoviePass’ parent company is getting ready to ask shareholders to support its CEO and approve his pay (HMNY)

Getty / Dave Kotinsky / Stringer

  • Helios and Matheson, the parent company of MoviePass, has scheduled another shareholder meeting.
  • Unlike a meeting it canceled last month, this is its standard annual gathering of shareholders, where investors will get to vote on its director nominees and what it pays executives.
  • Even those proposals could prove controversial, considering how much the company’s stock has declined this year — as much as 99% from the start of the year.

MoviePass’ parent company has once again scheduled a shareholder meeting. 

But this time it won’t be asking for investors to give it permission to reverse split its stock. 

See the rest of the story at Business Insider

NOW WATCH: Amazon wants to open 3,000 cashier-less grocery stores — and they’ll have a major advantage over their competitors

See Also:

SEE ALSO: MoviePass’ parent company has boosted its share count by an unbelievable 80,000% since July — but it’s run out of room to issue new stock


Author: admin

Добавить комментарий

Этот сайт использует Akismet для борьбы со спамом. Узнайте как обрабатываются ваши данные комментариев.