MoviePass having outage issues because it couldn't pay its bills

MoviePass having outage issues because it couldn't pay its bills

6 years ago
Anonymous $dicfOfy7s2

https://www.cnet.com/news/moviepass-having-outage-issues-because-it-couldnt-pay-its-bills/

Popular movie-ticked subscription service MoviePass experienced an outage on Thursday, still ongoing for some, which the company attributed to "technical issues with our card-based check-in process," on its Twitter feed. But its SEC filing Thursday indicated that the problem was really cash flow.

The filing by its parent company, Helios and Matheson Analytics, explained an emergency loan the company had taken out: