Adaptive Medias Inc (fka ADTM)

[newelong]

Irish62 ... You rang ??? ...

It's always good to hear from you ... sure beats listening to myself !!!

I always appreciate reading your sensible comments and concerns even though we may differ on some of them ... sure beats comments from those who know little or nothing about our Company. Just for the record, I'm not here to compete with anybody, only to share what I find regarding Adaptive, its management, its business and its business environment ... and, yes, adding my opinions from time to time. Also, I just want to repeat that I've never advised or even suggested that MIMV/ADTM is a great buy, or what some refer to as, "a no brainer".

If I may, I think we should go back to July 1, 2013, when Mimvi was without question on the brink of bankruptcy. Mimvi was virtually in no position to bargain about its future, so with the initiative of Padnos, and yes Poutre to some extent, they were able to strike an agreement with Mr. Shareef and Adaptive. That agreement required Mimvi to issue 33,5000,000 shares [28,000,000 to Mr. Shareef], plus 5,500,000 Put Shares. On the Put termination date, MIMV/ADTM was required to pay the selling shareholders $500,000 cash or issue them 550,000 shares. Well, we all know the Company didn't have the $500,000, so instead of Adaptive issuing them 550,000 shares [equal to approximately $50,000], Mr. Shareef settled for a $100,000 loan at 5.0% and secured by the pledge of ALL of his shares. So, my question is, would we rather have seen more dilution or a loan WHICH HAS TO BE PAID BACK AND WHICH WILL BE PAID BACK ????? Shareef hasn't received a dime under this agreement, with the exception of his salary, and there certainly is no guarantee that he will ever receive anything at all unless he is successful in turning this start-up in to a viable entity ... neither he nor Padnos can sell any of their shares until they file an S-3, and that ain't gunna happen anytime soon !!

Yes, I am fairly optimistic despite the dilution and the lack of significant revenues to date, and I believe those that expect 4th quarter revenues of $1,000,000 will be sorely disappointed. Also, the lack of PR's isn't of particular concern to me considering the fact that the Company is in the process of relocating for what I'm hoping is a need for more space. Some here are talking about Adaptive acquiring OneScreen, but I suspect they haven't given any thought to the dilution ADTM would incur; consequently, I believe the companies are in the process of negotiating a joint venture agreement which I've mentioned before, and if we can believe OneScreen ...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96086889

that's what appears to be happening, and if this is indeed the case, I don't think we're likely to hear much of anything until all the i's are dotted and the t's crossed.

This is just my opinion of course, but when Mr. Shareef mentioned having access to the public markets, I'm inclined to believe he may have been referring to MIMV/ADTM one day being listed on the NASDAQ. Yes, indeed, it's discouraging to see shares issued to pay the bills [I believe employees; however, are being paid mostly with options], but in the long run this could turn out much better than obtaining funds from a bunch of venture [vulture] capitalists.

I believe Adaptive/Ember, and hopefully a revenue sharing agreement with OneScreen, together have the technology and connections to carve out a niche in the digital advertising space capable of generating sufficient revenues and profits to provide shareholders with a decent return on their investment one day. Now, what does concern me the most is the fact that Adaptive with Ember's technology is designed primarily for the mobile and video market. From what I've been reading, video and particularly mobile video seems to be taking some time to catch on, because advertisers are leery about spending marketing dollars without proof positive that their targeted audience will receive only quality non-fraudulent content wherever and whenever they want it. I really think that the combination of Adaptive/Ember and OneScreen can deliver the goods, but when they can gain some traction with current and potential customers remains the big unknown to me.

With regard to the current stagnant share price, I have to say that I'm actually a bit surprised that it's holding up as well as it is, and I do think that someone is accumulating a significant amount of shares while at the same time protecting a $.075 bottom. Due to the fact that Mr. Brodeur through William Nichols & Associates include Adaptive as being in its "Portfolio", my guess is that is who might be in buying mode, or perhaps it is ADTM's largest non-affiliated shareholder as Joe seems to be quite positive about. Anyway, I'm just glad we don't seem to be witnessing a big sell-off which I'm sure would take the share price much lower than it is now.

Well, my friend, you know what you're going to get from me when you take my name in vein, but I really do try to keep it real and as objective as possible. Feel free comment ... I'm sure I haven't yet convinced you to be even a little optimistic, have I :>)

Take care and have a great weekend.

ADTM

P.S. Another 200,000 shares in the last half hour @ $.0772 ... these big buys have been happening regularly this past week and a half that I'm aware of, and I sure don' mind seeing that, but maybe that's just me !!??!!