Former MoviePass Owners And Executives Being Sued For Fraud By SEC

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Viewer Question:
Chris Parker - News has just broke that the SEC is suing MoviePass executives for fraud. They allege the executives intentionally made misleading statements regarding the company's financial position and its activities, and that they knew their business model couldn't be sustained. John, you were never a fan of the MoviePass top brass, but even you must be surprised at the recklessness of their behavior. And do you think it's now only a matter of time before the current Moviepass rebrands to steer clear of this mess?

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