Y****n
发帖数: 1309 | 1 https://www.businessinsider.com/moviepass-owner-emerged-from-indian-company-
accused-of-massive-fraud-2018-7
The strange story of how MoviePass' owner was created by an Indian company
accused of massive fraud
Helios and Matheson Information Technology, a defunct Indian tech company,
stands accused in its home country of defrauding at least 5,000 creditors,
including banks and senior citizens.
Helios and Matheson Analytics (HMNY), the owner of the popular movie-theater
subscription service MoviePass, was created by HMIT over a decade ago,
after HMIT bought and renamed a New York consulting firm.
HMNY's CEO, Ted Farnsworth, downplayed the connection between the two
companies to Business Insider, but at least two veteran HMIT executives
occupy high-level positions at the MoviePass owner.
HMIT owned about 39% of HMNY in 2016, but that percentage has dwindled to
less than 1% this year, primarily because of dilution. Still, in November,
HMIT managed to cash out 170,000 shares of HMNY worth about $2.2 million at
the time.
Muralikrishna Gadiyaram, HMIT's CEO who signed the November stock sale, is
still on the board of HMNY despite being accused of fraud in India and
having his and HMIT's bank accounts frozen there.
In March, the State Bank of India accused HMIT in a complaint to Indian
investigators of using Maruthi Consulting, another company it acquired in
the 2000s, to siphon money out of India with the "evil intention of
defrauding our bank." The cofounder of Maruthi Consulting, Parthasarathy "
Pat" Krishnan, is HMNY's chief innovation officer.
HMNY stock crashed to below $3 on Friday after the company disclosed that a
Thursday service outage had been caused by cash-flow problems. | z***t
发帖数: 10817 | 2 moviepass 果然没钱了
这集碟中谍也一般 全是用过的梗 最大场面就是个直升机 | w*******h
发帖数: 819 | 3 板上有兄弟不是说这家公司一时半会不会退市吗？
没钱玩啥啊 |
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