Movie pass RIP

[tennisluvr]

MoviePass couldn't afford to pay for movie tickets on Thursday

 

https://money.cnn.com/2018/07/27/media/moviepass-service-outage/index.html

[tennisluvr]

MoviePass is on life support.

Helios and Matheson, the parent company of the popular movie subscription service, said that it had a service outage on Thursday because it couldn't afford to pay for movie tickets. The company borrowed $5 million in cash Friday to pay its merchant and fulfillment processors, according to a regulatory filing.

Helios and Matheson missed a payment to one of its fulfillment processors, and that contractor temporarily refused to process payments for MoviePass.

Some customers complained on social media Thursday that they couldn't use their MoviePass accounts to purchase movie tickets at theaters.

The company hasn't said whether MoviePass has resumed operation. But in a tweet late Thursday, MoviePass said that it recommended that users wait for a resolution or use e-ticketing, which it said had not been affected.

 

Stock in Helios and Matheson, meanwhile, tanked Friday from nearly $7 at market open to $3.58 by mid-morning.

The company approved a reverse stock split earlier this week to boost the price from 8 cents to $21 in an effort to keep it from falling off the Nasdaq stock exchange.

The price has been in freefall ever since. If valued at its pre-split amount, Friday's price would be equivalent to about 1.5 cents.

[AlaElaAlaEla]

[tennisluvr]

I brought a ticket for MI6 yesterday for the US premiere show, I was however only able to do it since it was an e-ticket booking which wasn't apparently affected. 

[Ram8]

ante enti inka moviepass work avada  

[Deadp0ol2]

1 minute ago, Ram8 said:

ante enti inka moviepass work avada  

nuvvu appu iste moviepass open chestaadanta 

[tennisluvr]

2 minutes ago, Ram8 said:

ante enti inka moviepass work avada  

Temporarily it will, but $5M is nothing man. They will run out of it very soon. 

[Ram8]

1 minute ago, Deadp0ol2 said:

nuvvu appu iste moviepass open chestaadanta 

 

Just now, tennisluvr said:

Temporarily it will, but $5M is nothing man. They will run out of it very soon. 

sad man.. hope it comes back.. inka 6 months membership undhi naku  :| 

[tennisluvr]

Just now, Ram8 said:

 

sad man.. hope it comes back.. inka 6 months membership undhi naku  :| 

That's why I did month to month

[Deadp0ol2]

Just now, Ram8 said:

 

sad man.. hope it comes back.. inka 6 months membership undhi naku  :| 

Lol, nuvve mothukuntaa unte ...stock konnola parisititi endi 

[Ram8]

1 minute ago, tennisluvr said:

That's why I did month to month

sachinodi felliki ochinde katnam inka.. em sesta 

[Ram8]

1 minute ago, Deadp0ol2 said:

Lol, nuvve mothukuntaa unte ...stock konnola parisititi endi 

 fafam 

[Luke]

2 minutes ago, Deadp0ol2 said:

Lol, nuvve mothukuntaa unte ...stock konnola parisititi endi 

4k bokka

[AlaElaAlaEla]

3 minutes ago, Luke said:

4k bokka

lite

[Deadp0ol2]

9 minutes ago, Luke said:

4k bokka

k