As MoviePass investors rage against management, its parent company has delayed a crucial shareholders meeting

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Owner of MoviePass, Helios and Matheson Analytics, announced on Tuesday that it's delaying the special meeting of stockholders two weeks to vote on a reverse stock split.

 

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After losing 99% of its value, MoviePass' parent company is getting ready to ask shareholders to support its CEO and approve his payHowever, Helios and Matheson — which bought MoviePass in mid-2017 — declined to try again to get investors to approve a reverse stock-split proposal. What for exactly! How is moviepass still alive...
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