Would you give up a few minutes of your time for free tickets to any movie?


MoviePass, which currently offers users unlimited movie tickets for a monthly subscription fee of $9.95, has been a huge money loser. The stock of the app’s parent company, Helios and Matheson Analytics Inc., is trading for 1.1 cents after a 1-120 reverse split last year. So when we read a report from CNET stating that company co-founder Stacy Spikes has another idea regarding mobile devices and movie tickets, you can understand why we might be a bit skeptical. However, Spikes left MoviePass eight years ago before Helios and Matheson bought the company and came up with the unlimited ticket …

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