Helios and Matheson Analytics
Helios and Matheson Analytics (HMNY) is a publicly traded company (OTC: HMNY) that has undergone significant restructuring since its founding in 1985.
Profile
Unclear current operations; historical focus included data analytics and subscription-based entertainment services.
Helios and Matheson Analytics (HMNY) is a publicly traded company (OTC: HMNY) that has undergone significant restructuring since its founding in 1985. Originally a data analytics firm, HMNY gained notoriety for its 2017 acquisition of MoviePass, the subscription-based movie ticket service that collapsed in 2019 amid unsustainable business practices. Post-MoviePass, HMNY filed for Chapter 7 bankruptcy in 2020 and has since pivoted to digital assets and blockchain ventures, though its current operational status remains unclear.
The company's website now redirects to an Indonesian online gambling platform (bandaridnpoker.com), suggesting either a domain lapse or an unannounced pivot. SEC filings from 2022 indicate HMNY was still reporting as a shell company with minimal operations. No recent financial disclosures or headcount data are available post-2022.
The company's current market position is opaque, with no clear product portfolio or customer base. What remains notable is HMNY's trajectory from a legacy analytics firm to a cautionary tale of rapid expansion and collapse, now operating in regulatory gray zones.
Who buys this
- Formerly: MoviePass subscribers (2017-2019)
- Historically: Enterprises using analytics services (pre-2017)
- Currently: No disclosed active customer segments
Strengths and what to watch
Strengths
- Publicly traded with historical access to capital markets (though now delisted)
- Survived multiple pivots and bankruptcy filings
- Domain redirect suggests potential monetization of web traffic
Watch for
- No SEC filings since 2022, indicating potential regulatory non-compliance
- Website redirects to unaffiliated gambling site, suggesting domain abandonment
- History of failed business models and shareholder lawsuits
Key Information
- Founded
- 1985
Frequently Asked Questions
What is Helios and Matheson Analytics?
Helios and Matheson Analytics (HMNY) is a publicly traded company founded in 1985. Originally a data analytics firm, it gained attention for acquiring MoviePass in 2017. After MoviePass collapsed, HMNY filed for bankruptcy in 2020 and has since shifted focus to digital assets and blockchain ventures.
What happened to MoviePass?
MoviePass, acquired by Helios and Matheson Analytics in 2017, collapsed in 2019 due to unsustainable business practices. The subscription-based movie ticket service faced financial difficulties, leading to its shutdown and contributing to HMNY's subsequent bankruptcy filing in 2020.
Did Helios and Matheson Analytics file for bankruptcy?
Yes, Helios and Matheson Analytics filed for Chapter 7 bankruptcy in 2020 following the collapse of MoviePass. The company has since undergone restructuring and pivoted to digital assets and blockchain ventures, though its current operational status remains unclear.
What is the current status of Helios and Matheson Analytics?
As of 2022, Helios and Matheson Analytics (HMNY) reported as a shell company with minimal operations. Its website redirects to an Indonesian online gambling platform, and no recent SEC filings or financial disclosures are available, leaving its current market position unclear.
Are there recent SEC filings for Helios and Matheson Analytics?
The most recent SEC filing for Helios and Matheson Analytics (HMNY) is from 2022, which indicated the company was operating as a shell entity. No filings have been disclosed since then, raising questions about its regulatory compliance and operational status.
What are the regulatory concerns with Helios and Matheson Analytics?
Helios and Matheson Analytics (HMNY) faces regulatory concerns due to the lack of recent SEC filings since 2022 and its website redirecting to an unaffiliated gambling platform. These issues suggest potential non-compliance and uncertainty about the company's current operations and governance.
Sources
- www.hmny.com — Current website redirects to gambling platform
- www.sec.gov — 2022 SEC filing showing shell company status
- www.sec.gov — 2019 SEC filing documenting bankruptcy proceedings
- bandaridnpoker.com — Current domain redirect destination