Re:SEC filing suggests MoviePass’ time is running out
by emodendroket on Wednesday May 09, 2018 @01:26PM
(#17031770)
You are right. Still, unless there was widespread purchasing of tickets for non subscribers going on, I would expect the effect of that change to be a blip, not a substantial drop in their cash deficit.
Re:SEC filing suggests MoviePass’ time is running out
by thedufer on Wednesday May 09, 2018 @06:52PM
(#17034986)
Unless you know more than us about their deficit, we can't really say how big this was. If they were spending 101% of revenues, for example, 35% off their deficit _is_ a blip.
Re:SEC filing suggests MoviePass’ time is running out
by emodendroket on Thursday May 10, 2018 @09:31AM
(#17038635)
I'm just going by this article, but it also suggests their financial situation is so dicey they are in danger of shutting down soon, so that seems unlikely.
It's not possible to draw conclusions about how many people were "abusing" the service without a lot more information.