Movie Pass is a theater subscription service that struggles to find a profitable approach to its ticket subscription sales plan. Movie Pass is owned by Helios and Matheson (NASDAQ: HMNY). The losses of Movie Pass significantly affected the profits of the parent company. Helios and Matheson responded to the losses with a reverse stock split of 1-to-250. 1. Explain why it was necessary for Helios and Matheson to implement the reverse stock split. listing the stock. split on July 25, 2018? ntsofthe NASDAO verses the NY'SE or 3. Explain the impact on shareholders equity and the par value of 4. What has happened to the share price and company since the