Change management of Helios & Matheson Analytics Inc


Change management of Helios & Matheson Analytics Inc
The Issue
Management of Helios & Matheson Analytics inc Theodore Farnsworth aka Ted has been running the company to the ground and in the process pillaging shareholders to pay for his mismanagement of the company. moviepass is a great concept that create to bring a unique movie experience to the masses. Ted has no vision how to deal with the influx of subscribers. The model of 9.95 monthly for unlimited movie viewing is unsustainable in the long run as the company burn cash like a forest fires burning thru firewood’s. In order to pay for his mismanagement, Ted has been dumping massive amount of shares of the company causing 99 percent losses for million of loyal shareholders. This management must go. The company charter is work for shareholders, create shareholders value. It has failed epically.
We the United Shareholders demand immediate change in management, and company must start strategical initiatives to save the company from going under. We would like the board start doing its job and working with people who care for survival of moviepass and shareholders.
Triton Funds Llc has been interested in working to save the company. Ted has refused to talk with them. The time for Ted must go. The reverse split 1 for 250 to bring the company to 22 dollars per share in matter of a few trading days, it is back to 7 pennies. This massive amount of dilution must stop.
We united shareholders demand change now!
The Issue
Management of Helios & Matheson Analytics inc Theodore Farnsworth aka Ted has been running the company to the ground and in the process pillaging shareholders to pay for his mismanagement of the company. moviepass is a great concept that create to bring a unique movie experience to the masses. Ted has no vision how to deal with the influx of subscribers. The model of 9.95 monthly for unlimited movie viewing is unsustainable in the long run as the company burn cash like a forest fires burning thru firewood’s. In order to pay for his mismanagement, Ted has been dumping massive amount of shares of the company causing 99 percent losses for million of loyal shareholders. This management must go. The company charter is work for shareholders, create shareholders value. It has failed epically.
We the United Shareholders demand immediate change in management, and company must start strategical initiatives to save the company from going under. We would like the board start doing its job and working with people who care for survival of moviepass and shareholders.
Triton Funds Llc has been interested in working to save the company. Ted has refused to talk with them. The time for Ted must go. The reverse split 1 for 250 to bring the company to 22 dollars per share in matter of a few trading days, it is back to 7 pennies. This massive amount of dilution must stop.
We united shareholders demand change now!
Petition Closed
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The Decision Makers
Petition created on August 4, 2018