Blockchain watch: MoviePass owner hints at ICO [Seeking Alpha]
HELIOS&MATHESON ANALYTICS (HMNY)
US:NASDAQ Investor Relations:
en.wikipedia.org/wiki/helios
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Source: Seeking Alpha
Blockchain watch: MoviePass owner hints at ICOShares of Helios and Matheson Analytics (NASDAQ:HMNY) jump in premarket trading after CEO Ted Farnsworth tips off that the MoviePass owner has explored blockchain technology for over a year and would consider an initial coin offering.It's worth keeping an eye on Helios after former Dow stalwart Kodak more than doubled in share price after anICO/blockchain pivot. Yesterday. MoviePassannounced that it now has more than 1.5M members in a development that is being closely watched in the exhibitor sector (IMAX,AMC,RGC,RDI,MCS,CNK,NFLX).Is an even higher market cap for Helios supportive of the movie theater sector? And what are the implications for Netflix if the MoviePass army continues to explode?Previously:MoviePass army up to 1.5M (Jan. 9)HMNY+12.15% premarket to $8.03.See all stocks on the move »Now read:Netflix Needs Theatrical Distribution/Acquisition To Compete With Disney »
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