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I wonder how in the world they managed to get that loan considering the extreme low probability of paying it back. {nm}

Posted by: MattW on Aug 01, 21:29 in response to stormgod's post Lessons From The 99.9% Drop In MoviePass (Seeking Alpha...

Lessons From The 99.9% Drop In MoviePass (Seeking Alpha link) stormgod Aug 01, 20:50

I wonder how in the world they managed to get that loan considering the extreme low probability of paying it back. MattW Aug 01, 21:29

collateralized with . . . something? also, with hard subscription renewal fees, at least that much must have been guaranteed to clear {nm} slipping jimmy Aug 01, 21:57

pre-paid annual subs too that they couldn't touch til today. whatever stock they managed to sell last week. {nm} djgrimlok Aug 01, 23:20

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The Beatles (BEAT1) 150000 83.53 (+8.52) Gladiator II (GLAD2) 150000 167.30 (-3.20) Star Wars: Dawn of the Jedi (STRW1) 150000 132.27 (-0.65) CBS: Georgie & Mandy’s First M (GMFMRG) 25000 9.13 (-0.16) CBS: Georgie & Mandy’s First M (GMFMRG) 25000 9.13 (-0.16) Star Wars: Dawn of the Jedi (STRW1) 150000 132.27 (-0.65) Wicked Part 2 (WCKD2) 5000 210.82 (+3.19) Blade (BLAD1) 125000 89.20 (-0.97) Small Things Like These (SMTLT) 150000 1.52 (+0.03) Blade (BLAD1) 150000 89.20 (-0.97) The Authority (AUTHO) 150000 33.14 (-0.20) The Authority (AUTHO) 150000 33.14 (-0.20) Blade (BLAD1) 150000 89.20 (-0.97) Gladiator II (GLAD2) 150000 167.30 (-3.20) Gladiator II (GLAD2) 150000 167.30 (-3.20) Djimon Hounsou (DHOUN) 25000 69.84 (-1.91) In the Grey aka Untitled Guy Rit (NGREY) 125000 23.13 (-0.24) Djimon Hounsou (DHOUN) 25000 69.84 (-1.91) Marlon Wayans (MWAYA) 25000 25.00 (0.00) Wicked (WICKD) 1000 310.63 (+4.73) In the Grey aka Untitled Guy Rit (NGREY) 150000 23.13 (-0.24) Gladiator II (GLAD2) 26000 167.30 (-3.20) The Beatles (BEAT1) 150000 83.53 (+8.52) The Sequel Fund (SQUEL) 120 47.46 (+0.02) Michelle Dockery (MDOCK) 25000 35.44 (-0.41) Michelle Dockery (MDOCK) 25000 35.44 (-0.41) Spa Weekend (SPAWK) 150000 14.32 (+1.51) Spa Weekend (SPAWK) 150000 14.32 (+1.51) Wicked (WICKD) 150000 310.63 (+4.73) Y2K (Y2K) 150000 16.64 (+0.03) Wicked (WICKD) 2000 310.63 (+4.73) Wicked (WICKD) 866 310.63 (+4.73) The Authority (AUTHO) 150000 33.14 (-0.20) Timothee Chalamet (TCHAL) 2500 107.40 (-0.02) Tomb Raider (TOMB4) 15000 8.09 (-0.02) Dear Santa (DSATA) 35000 0.50 (-0.21) Gladiator II (GLAD2) 25000 167.30 (-3.20) The Beatles (BEAT1) 1 83.53 (+8.52) Mike & Nick & Nick & Alice (MNANA) 1 12.64 (-0.14) Mike & Nick & Nick & Alice (MNANA) 50000 12.64 (-0.14) The Beatles (BEAT1) 150000 83.53 (+8.52) The Beatles (BEAT1) 4000 83.53 (+8.52) Mike & Nick & Nick & Alice (MNANA) 50000 12.64 (-0.14) See You When I See You (SYWIS) 149999 3.65 (+0.19) Spider-Man Untitled (SPID9) 86454 355.18 (-1.12) Artist in Residence (ARTIR) 100000 0.01 (0.00) Predator: Badlands (PRED6) 150000 52.72 (+0.10) Robert Pattinson (RPATT) 2000 73.87 (-0.23) The Beatles (BEAT1) 50000 83.53 (+8.52) Ray Romano (RROMA) 5000 29.13 (-0.10)