Front Office Football Central - View Single Post

molson · 07-30-2018, 07:35 PM

Nobody has been able to buy a moviepass ticket at a non-partner theater (that's about 98% of theaters) for a few days now. It looks like everybody's blocked today, movies aren't even displayed up in the app, and the company twitter and facebook accounts have gone silent. The stock is back under a dollar just one week after the 250-1 reverse split.

A NY Post tech reporter says that moviepass will have an announcement of some type tomorrow. They're either not coming back, or they're re-emerging as a indy-moviepass that would only work with smaller movies and maybe the e-ticket partners. That STILL wouldn't be sustainable, because people who pay $10 are either going to find a way to buy more than that with moviepass, or cancel. But this is moviepass, they've been obsessed with illogical business plans since really day one even before the price reduction.

Edit: just a I finish typing that everything loaded back onto moviepass at some people on reddit claim they were able to check in and have money loaded (which you can check on that link I posted a while back). If it's really working, there will probably be a "run on the banks" the next few days, mitigated some by the mass cancellations the last few days.

07-30-2018, 07:35 PM	#87
molson General Manager Join Date: Oct 2002 Location: The Mountains	Nobody has been able to buy a moviepass ticket at a non-partner theater (that's about 98% of theaters) for a few days now. It looks like everybody's blocked today, movies aren't even displayed up in the app, and the company twitter and facebook accounts have gone silent. The stock is back under a dollar just one week after the 250-1 reverse split. A NY Post tech reporter says that moviepass will have an announcement of some type tomorrow. They're either not coming back, or they're re-emerging as a indy-moviepass that would only work with smaller movies and maybe the e-ticket partners. That STILL wouldn't be sustainable, because people who pay $10 are either going to find a way to buy more than that with moviepass, or cancel. But this is moviepass, they've been obsessed with illogical business plans since really day one even before the price reduction. Edit: just a I finish typing that everything loaded back onto moviepass at some people on reddit claim they were able to check in and have money loaded (which you can check on that link I posted a while back). If it's really working, there will probably be a "run on the banks" the next few days, mitigated some by the mass cancellations the last few days. Last edited by molson : 07-30-2018 at 07:50 PM.