Petition updatePetition to Replace Ted Farnsworth as CEO of Helios and Matheson (parent of Movie Pass)Reminder - HMNY Proxy Vote & New York AG Probe
Investors and Subscribers of Movie Pass
Oct 20, 2018

Hi Everyone -

As I'm sure you're aware, Helios recently rescheduled the vote on their second reverse split, most likely because they couldn't get enough votes to pass the proposed amendments. Again, if you are investor, I encourage you to vote in this proxy and vote "against" on both amendments (the first being the approval of the 1-500 split and the second being a request for management to adjourn the proxy meeting to solicit more yes votes if necessary). Approval of these amendments will simply provide more runway for management to dilute current equity holders.

I also encourage you to continue to spread the word about this petition and the proxy vote (Twitter, Stocktwits, etc). As I'm sure you've heard, the NY Attorney General recently opened an investigation into securities-fraud at Helios.  While the chances of us successfully shaking up management are slim, any publicity is good publicity with the stock down over 99% already. 

Feel free to reach out to me directly with any questions on the vote at scottcohenny212@gmail.com

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