Brief: Helios And Matheson says To Explore Strategic Alternatives

Helios and Matheson Analytics

13/09/2019 20:55

Sept 13 (Reuters) - Helios and Matheson Analytics Inc
 HMNY.PK :
    * BOARD OF DIRECTORS OF HELIOS AND MATHESON ANALYTICS INC.
FORMS
STRATEGIC REVIEW COMMITTEE
    * HELIOS AND MATHESON ANALYTICS INC - TO EXPLORE ALL
STRATEGIC AND
FINANCIAL ALTERNATIVES FOR COMPANY, INCLUDING A SALE OF COMPANY
IN ITS ENTIRETY
    * HELIOS AND MATHESON ANALYTICS INC - UNABLE TO PREDICT IF
OR WHEN
MOVIEPASS SERVICE WILL CONTINUE
    * HELIOS AND MATHESON ANALYTICS - MOVIEPASS NOTIFIED
SUBSCRIBERS
THAT IT WOULD BE INTERRUPTING MOVIEPASS SERVICE FOR ALL
SUBSCRIBERS EFFECTIVE SEPT 14
    * HELIOS AND MATHESON ANALYTICS INC - IS CONTINUING EFFORTS
TO
SEEK FINANCING TO FUND ITS OPERATIONS
    * HELIOS AND MATHESON ANALYTICS INC - STRATEGIC AND
FINANCIAL
ALTERNATIVES MAY INCLUDE SALE OF MOVIEPASS, MOVIEFONE AND
MOVIEPASS FILMS
    * HELIOS AND MATHESON - WOULD BE INTERRUPTING MOVIEPASS
SERVICE,
BECAUSE ITS EFFORTS TO RECAPITALIZE MOVIEPASS HAVE NOT BEEN
SUCCESSFUL TO DATE

Source text for Eikon:  ID:nBw3l5YRpa 
Further company coverage:  HMNY.PK 

 ((Reuters.Briefs@thomsonreuters.com;))