Noooooooooooooooooooooooooooooooooooo!!!!!!!! They have filed for Chapter 7: https://www.marketwatch.com/story/m...-chapter-7-and-stock-falls-to-zero-2020-01-29
Interesting... so from the start it was a fail-company, which relied on a lot of hopes and 'IFs'... basically assuming that everything would work out (maybe) if they just got a lot of clients, regardless of cost. I guess what they lost on their sales they thought they'd somehow make up for in volume? (joke!) Reminds me of the Dot-Com boom/bust with that line of thinking. No one thought of this before hand? How did they not realize it was unlikely to end well (again)?
My cousin worked for them. That's what I told him . Crap idea. He was a programmer. He didn't argue with me I think he actually agreed haha.
re: detailed fraud case https://variety.com/2022/film/news/moviepass-execs-accused-fraud-sec-1235385144/ ps Variety also has excellent movie reviewers, who give lengthy and complete reviews of films.