Brief: Helios And Matheson Analytics Says Qtrly & YTD Financial Statements For Sept. 30, 2018, Should No Longer Be Relied Upon

Helios and Matheson Analytics

12/03/2019 13:34

March 12 (Reuters) - Helios and Matheson Analytics Inc
 HMNY.PK :
    * HELIOS AND MATHESON ANALYTICS - ON MARCH 11, DETERMINED
QTRLY
AND YEAR-TO-DATE FINANCIAL STATEMENTS FOR SEPT. 30, 2018, SHOULD
NO LONGER BE RELIED UPON
    * HELIOS AND MATHESON ANALYTICS INC - ERRORS PRIMARILY
RELATE TO
OVERSTATEMENT OF SUBSCRIPTION REVENUES IN Q3 OF 2018
    * HELIOS AND MATHESON - DETERMINED THAT MATERIAL WEAKNESS
RELATING
TO SUBSCRIPTION MANAGEMENT EXISTED IN FINANCIAL REPORTING AS OF
SEPT 30 TO DEC 31
    * HELIOS AND MATHESON ANALYTICS INC - COMPANY ANTICIPATES
THAT IT
WILL FILE AN AMENDED QUARTERLY REPORT ON FORM 10-Q FOR PERIOD
ENDED SEPTEMBER 30, 2018

Source text: [http://bit.ly/2TyJJXy]
Further company coverage:  HMNY.PK 

 (Reuters.Briefs@thomsonreuters.com)