This part of the scam was not specifically discussed in my MoviePass dissection dated December 2017, but this fraud was, of course, used to reduce COGS.
https://twitter.com/CarolOnAdvLaw/status/1401989417783468032
You may recall that the MoviePass stock price chart replicates the trajectory of a Six Flags roller coaster named "Dumbo's Chariot." Few understand this. 
You may also recall this picture of the MoviePass founders laughing like they are Ray Liotta in Goodfellas.
This is what experienced investors use as a "tell" that the business is a fraud. The tell is technically known as "the Liotta Omen."
This is what experienced investors use as a "tell" that the business is a fraud. The tell is technically known as "the Liotta Omen."
4/ When I posted my MoviePass analysis in December 2017 two people said in replies it was a strong buy. I said it was a story stock and there was no telling when it would crash, but that it certainly would. It is rare for me to get that specific. I try to avoid giving stock tips.
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