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Re: IWantedToBelieve post# 20773

Thursday, 07/16/2015 11:35:46 AM

Thursday, July 16, 2015 11:35:46 AM

Post# of 79848
IWantedToBelieve ... Well, ...

"Since May, 33% of Adaptive Media's employees have bolted."

does this ...

"Under my leadership, Adaptive stabilized its stock and its staff after the sudden loss of its previous CEO, reduced its operating expenses by nearly $1m a month, continued to grow revenue and margin and raised additional equity funding."

http://www.sec.gov/Archives/edgar/data/1428397/000114420415038197/v413709_ex10-1.htm

or this ...

"As a result, during the first half of 2015, we executed a cost reduction plan designed to focus, simplify and align costs with our most promising opportunity, our Media Graph platform. We expect these cost reductions to generate substantial annualized savings through workforce cuts, decreasing reliance on certain outside services and reducing our general overhead. Although this was a difficult but necessary decision, I believe this plan places us in the best long-term position for success."

http://finance.yahoo.com/news/adaptive-medias-inc-provides-positive-130300289.html

really sound like those employees bolted, or were they released as a result of a plan to reduce costs to "align costs with our most promising opportunity, our Media Graph platform" ???

These remarks came from neither Linkedin nor Google, both of which I know how to use quite well myself.

Perhaps you should change your statement about employees bolting unless you talked to all of them individually.

ADTM

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