Adaptive Medias Inc (fka ADTM)

[Slojab]

I can't say he's lying but neither can I document it. And I don't know if it's possible to do so.

I found this on a quick search.

http://digitalarteries.com/business-2/ethics/jeff_morgan_tapstone_telic/

In the segment on Strong about halfway down it links to the Inqubus website.

The curious case of John B. Strong
In August of 2015, John B Strong is announced as the new CEO/Chairman of Adaptive Medias. In January 2016, John B Strong the current president of Adaptive Medias, is stated via linkedin to be the “Co-founder” of Inqubus Inc. In Feb 2016-Adaptive Medias Inc a Public Company is possibly being acquired by Ad Supply LLC, aka Spark Studios and maybe Tatami Solutions – creator of the adware Adsupply

So the new CEO of a public company and the EX CEO (who has no need to disclose public trading anymore as a non-director) start a company together months after the old CEO is booted and oddly just before an acquisition with news that sends the stock way up. Further, in a public press release Adaptive Medias announces they retained an investment bank Roth capital to assist them. Yet the investment bank isn’t mentioned oddly in their disclosure to the OTCBB’s of anyone helping to market their shares. https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=153690 and https://www.adaptivem.com/1395-2/

John B Strong the new CEO (opinion) seems to have “light” history within Ad-tech, or the video landscape. He seems to have light prior management experience prior to running a public ad organization. His previous experience listed on Linkedin across companies have interesting items to research regarding employees/operations. The orgs are listed on Linkedin and VB profiles all of interest as they seem rather empty. The organizations listed within Inqubus seem to have limited operations/employees.


It goes on to say more about Strong.

The curious case of John B. Strong continued
The LinkedIn and VentureBeat profiles for John B Strong, CEO of Adaptive Medias, indicate that he has 30 Years of executive and management experience running tech orgs. The noted companies on these sources and touted in the press releases are Communly, TruckitOKC, Bombaydevelopment.com, and TryChec. Prior to 2013, we could not find reference to ANY tech companies John B Strong has ever managed. Invested in possibly. Of course we could go tomorrow and invest in Microsoft. Ran/managed/founded- No. His background seems to be that of 19 years as an Art dealer.

John B. Strong/Inqubus companies as of 2013
1. Communly: A site in bad standing with the CA Tax board. Currently the website seems to be the site of a 20year old UI designer. Oh and Communly earlier in the year was touted via direct press release, as a new strategic partner using Adaptive Medias Video technology. Oddly there was never video on the site.
2. Bombaydevelopment: Can’t seem to find any operations, employees, or presence.
3. TryChec: Referenced online once with a fraud complaint. Has one listed employee on Linkedin since its founding.
4. TruckitOKC: An App exists, but John B Strong is the only employee.
5. Combotrip: Seem to be the most robust of them all. They do have two employees seemingly.

None of these seem to be successful tech companies. None of these seem to have true operations
We wonder why a Public Company in a deep Ad tech niche, would consider this individual as the CEO. We wonder how exactly these 30 years of experience came to be. The Companies referenced by Inqubus Inc which has Strong listed as a manager seem to be “shells”.

Our opinion as to what this all may mean
1. What looks like an insider trading setup.
2. What looks like Stock manipulation via several ways (misleading releases, directors slamming message boards, potentially faked business initiatives).
3. What looks like fraudulent conveyance to escape debt liabilities as well as fraudluent ad practices across the group of organizations.
4. What looks like one group always behind each new company iteration (Brodeur, Shareef, Waltz, Morgan, Strong) even while trading/operating under differing ownership.
5. What looks like a series of payoffs/kickbacks.
6. What looks like litigation organized by insiders against the company, utilized, for the purpose of looking clean while paying off.