The MoviePass outage was caused by the company temporarily running out of cash, and it borrowed $5 million to turn the service back on

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On Friday, MoviePass’ owner, Helios and Matheson, disclosed it had borrowed $5 million, according to a new SEC filing.

The reason was to get the service working again after the app could no longer take ticket orders on Thursday night.

As of Friday morning, many MoviePass subscribers still cannot use the full functionality of the app.

That was the intro. Full article here.

https://www.google.com/amp/s/amp.businessinsider.com/moviepass-outage-caused-by-company-temporarily-running-out-of-cash-2018-7

Does anyone have thoughts or more into?

I was thinking about buying one of these.