The Owner of MoviePass Says He Still Has More Tricks Up His Sleeve

Stock in MoviePass’ parent company Helios & Matheson has crashed precipitously amid reports that the ticket-sales service is very quickly running out of money—specifically, just $15.5 million in cash on hand at the end of April with another $27.9 million on deposit at a time when MoviePass is burning through nearly $22 million a month.

— Read on gizmodo.com/the-ceo-of-moviepass-says-he-still-has-more-tricks-up-h-1826026686