Propel Media Inc (PROM)

[levelnever]

At least the quarterly is much cleaner after the messiness of the merger. That said, despite the positive sounding quarterly, fact is we are 250,000,000 shares now and the results taking away the one time tax benefit are ~$6,000,000 less than last year at this time.

Clearly, still some merger expenses they are working through, and operating expenses are actually reasonable considering the combination of companies, but they really need to work on revenues here. Seems like pretty precipitous drop certainly in Kitara's side of things at least from last year. Next quarter should tell us trajectory, but as is, didn't get alot in return for all those shares so far. We'll see.