Helios and Matheson Analytics Inc. filed a motion in the US Bankruptcy Court for the sale of its certain assets on February 11, 2020. The debtor seeks the Court’s approval for the sale of its certain assets through a public auction. The debtor’s assets include Moviefone, Zone Technologies, Tact.com and it's consulting business. The debtor has scheduled an auction on March 16, 2020. The sale hearing is scheduled for March 19, 2020. The proceeds from the sale will be used for paying costs of administration and the remaining will be held by Trustee.