/biz/ - Business & Finance

>The numbers are startling. Since August 15, when the company announced its agreement to take a majority stake in MoviePass, Helios & Matheson's share count has increased a staggering 3,429%, from about 7 million shares to nearly 250 million at the end of last month.
>At the same time, it's seeking shareholder approval to issue scads more shares. Last month, the company announced it wanted to increase its share count from 500,000 to 2 billion. But on Thursday, it raised that target, telling stockholders it wants permission to issue as many as 5 billion shares.