Adaptive Medias Inc (fka ADTM)

[newelong]

Here as some ...

excerpts from Adaptive's 4th quarter earnings conference call on 4-14-16 ...

Fortunately, I can report to you that as of today we’re much further into that process with no obstacles having surface none are either anticipated. Both companies arch are finished and most of the due diligence is completed and we’re now concentrating on completing the requisite financing and closing the merger in the current quarter.

We've already begun to take the initial steps of not only consolidating our offices, but more importantly holding late stage discussions with former and current Fortune 500 executives that will help spearhead our BlockIQ division. AdSupply’s 2015 financial audit has been completed and it posted in excess of $18 million in revenue for 2015. In fact, the fourth quarter 2015 results of both companies in the internal preliminary first quarter 2016 results of both support our outlook that we will generate approximately $2.5 million in earnings on $30 million in revenue in the combined companies first 12 months. With escalating growth rates year in its second year as its critical mass catapults the company into the mid or upper tier of our industry from which we’ll be able to successfully cater to Fortune 500 class of customers, as well as millions of SMEs and everyone in between.

So we’ve covered the mergers near and long-term fundamental and financial value added through thoroughly on March 28, and while I’d love to again walk through all of the merger synergies because I find them pretty exciting, suffice it to say that the increased value of the combined state-of-the-art product offerings, enhanced market position will have and critical mass reached is very compelling. Management of both companies were finalizing plans for what we expect to be a pretty seamless integration of both companies with Adaptive Media and our ticker symbol being the surviving entity. We then plan to uplift quickly to the NASDAQ, hopefully by years end.

If your basic question is am I willing to trade half of Adaptive Media’s equity for half roughly of the BlockIQ patents and technology and AdSupply’s existing business then yes, I’m definitely willing to do that. And I think that the dilution is something that, it’s going to happen in this scenario, but I believe that the improvement in the value of the two companies as one will quickly be apparent to the investing public, that’s what we believe.

http://seekingalpha.com/article/3965368-adaptive-medias-adtm-ceo-john-strong-q4-2015-results-earnings-call-transcript?page=2

ADTM