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Yahoo bought 5to1.com from this team in 2011...
Yahoo buys Jim Heckman’s online ad startup 5to1.com
by John Cook on May 18, 2011 at 2:08 pm
5to1.com, an online advertising startup led by Seattle entrepreneur and former Fox Interactive media exec Jim Heckman, has been acquired by Yahoo in a deal of undisclosed size.
“We’re thrilled for our media partners that Yahoo! is backing our platform and the alliance,” said Heckman in a press release. “The 5to1 team is looking forward to joining Yahoo! at the close of the transaction and being part of its global reach.”
5to1.com describes itself as “a publisher-controlled, online advertising alliance.” The company completed a reverse merger last fall, and raised $6.5 million in financing from some big names in technology and media.
Backers of the company include Fuse Capital; Jonathan Miller; former CBS digital head Quincy Smith; digital music pioneer Fred Davis; former MTV exec Jason Hirschhorn; former Tribune President of Broadcasting Ed Wilson; founding CEO of ESPN.com Mike Slade; and Casey Wasserman, CEO of WMG.
Heckman previously founded online sports sites Rivals.com and Scout.com, the latter of which was sold to Fox in 2005. Rivals.com — which raised $70 million in venture capital and hit the wall during the dot-com bust — eventually sold to Yahoo in 2007 for a reported purchase price of $100 million. That deal came well after Heckman had left to create Scout.com (founded in 2001), a competitive site to Rivals.com.
Kara Swisher at All Things D reported earlier this month that 5to1.com was being purchased by Yahoo for about $25 million
http://www.geekwire.com/2011/yahoo-buys-jim-heckmans-online-ad-startup-5to1com/
Here are some of the other “shareholders” listed in the 8K.
William C. Sornsin, Jr, Chief Operating Officer
Mr. William C. Sornsin, Jr., also known as Bill, serves as Chief Technology Officer of Scout Media, Inc. Mr. Sornsin co-founded Scout Media, Inc. in 2001 and served as its Chief Operating Officer and Vice President of Operations and Engineering. Mr. Sornsin served as Chief Technology Officer of Scout Media, Inc. since 2001. He served as Chief Technology Officer and Senior Vice President, Engineering of Rivals.com Inc. since January 1999. He was a Co-Founder and founding investor of Rival Networks and served as its Chief Technology Officer from 1998 to 2001. Mr. Sornsin built the original engineering teams at both companies, managed the technology deployment at Rivals Japan and Rivals Europe, and oversaw the technology redevelopment for the re-launch of Scout.com. He was also responsible for technical due-diligence and integration for the $400 million Hotmail acquisition. Previously, Mr. Sornsin served as Engineer of Rockwell International's Collins Avionics Group. From November 1996 to December 1998, he served as Group Manager and Worldwide Product Manager for the Microsoft Network of Microsoft Corp. and MSN Core Technology. He was responsible for transitioning MSN from a proprietary to an internet-based technology. Prior to that, from August 1991 to November 1996, he served in various managerial roles including product planning manager Microsoft Exchange and was involved in such activities as product planning and development. He serves as a Member of Advisory Board of AccelOne LLC. Mr. Sornsin received a B.S. in Computer Engineering from the University of Iowa as well as an MBA from the Anderson Graduate School of Management at UCLA.
http://www.bloomberg.com/research/stocks/private/person.asp?personId=468250&privcapId=8134432
Benjamin Joldersma
https://www.linkedin.com/in/bennidhamma
Marc T. Beck
https://www.linkedin.com/in/marcbeck
Donald J. Clore
https://www.linkedin.com/in/donclore
Robert Goree
https://www.linkedin.com/in/robertgoree
Damien Joldersma
https://www.linkedin.com/in/damienjoldersma
Brian N. Ku
https://www.linkedin.com/in/brian-ku-1839341
Yoshiko Wright
https://www.linkedin.com/in/yooooka
I OWN SHARES IN ISSM PURCHASED IN THE OPEN MARKET.
Reverse Merger with theMaven Network, Inc.
$0.15 x $0.25, closed @ $0.15
8K Filing excerpts
The transaction will result in Integrated acquiring theMaven as a wholly owned subsidiary by the exchange of all of the outstanding securities of theMaven held by theMaven Shareholders for a number of newly issued shares of the common stock of Integrated (the “Common Stock”), representing approximately 55% of the issued and outstanding shares of Common Stock immediately after the transaction (the “Share Exchange”).
At the Closing, Mr. James C. Heckman, the current Chief Executive of theMaven will be appointed as a director as well as the Chief Executive and the President of Integrated.
Although theMaven was founded in 2016, its founding team worked on a variety of digital media platforms, with the common thread of achieving economies of scale by assembling a network of publishers, covering particular niche media interests, on a unified technology and business platform. The founder and Chief Executive Officer of theMaven created the first version of this model in 1991, leveraging early digital technology for NFL teams for “NFL Exclusive”, and later founded Rivals.com, which is still operated today by Yahoo!. theMaven’s founders have worked together since 1999, building many different socially focused, single platform media models, including Scout.com, Rivals.com, Rivals.net (Europe), Zazzle, and 5to1.com.
At the time of this report, theMaven had a total of fourteen full-time employees, of which three of them were in senior executive positions, eight of them were in software development / test / operations, two of them were in business/network development and one employee was in user experience/design.
https://www.sec.gov/Archives/edgar/data/894871/000114420416128367/v450609_8k.htm
Background of James C. Heckman
Mr. James C. Heckman, also known as Jim, Jr. serves as the Chief Executive Officer of Scout Media, Inc. Mr. Heckman serves as Chief Executive Officer at North American Membership Group, Inc. Mr. Heckman Founded 5to1 Holding Corp. (formerly FOTH Corp.) in 2008 and served as its President and Secretary. Mr. Heckman served as Chief Executive Officer of 5 to1 Holding Corp. since November 3, 2010. He served as Chief strategy Officer of Zazzle.com Inc., since October 2007. He served as Chief Strategy Officer of Fox Interactive Media (now Canvas Technology Inc.) since March 2006. He founded Scout Media, Inc. in 2001 and served as its Chief Executive Officer. He was responsible for directing the overall growth strategy, including specific oversight of all M&A, business development, branding, corporate communications, marketing and sales initiatives. In 2001, he re-launched the online sports network, Scout.com (formerly, TheInsiders.com). Mr. Heckman founded Rival Networks Inc. (Rivals.com) and served as its Chairman & Chief Executive Officer since September 1998 and also served as its President. He served as Senior Vice President of Strategy at Yahoo! Inc. until August 2012. He joined Yahoo in May 2001. He founded Rivals.net in Europe and Rivals.JP in Japan - all in partnership with Fox, Softbank, Intel and Yahoo. He founded Heckman Media, Inc., and served as its President since 1995. Prior to his Internet experience, he spent his career as a magazine publisher, owning and operating more than 60 sports publications, including joint ventures with NFL Properties, Turner and over 35 division I Universities. He began his publishing career in 1984 with a University of Washington yearbook and his first sports magazine, Sports Washington, launched in 1987. He served as Director of 5to1 Holding Corp. He has been Board Advisor of Zazzle.com Inc. since October 2007. He serves as Director of North American Membership Group, Inc. He served as a Director of Scout Media, Inc., and Rivals.com Inc. Mr. Heckman attended the University of Washington from 1983 to 1987 where he majored in Communities.
http://www.bloomberg.com/research/stocks/private/person.asp?personId=10635051&privcapId=97489
Hmmm, new activity, I wonder if there is pending news or another dividend on the horizon.
BID: .14
ASK: .25
$ISSM
Still like the shell, they gave out the CLIR shares a promised (though my stupidity made me miss out). Could be worth keeping an eye here.
sorry no private messaging,but since you must had to comment;my remaining etgg shares are free ,butinski
yep, special divi rule. i took profits on my original postion. picked up a few on the 18th just to see how it played out and those are the ones that qualified for the divi. had to have your shares settled in your account on the pay date as far as i can tell.
Did you hold until the day of the dividend? I was the owner until the day of recored but sold after that and have not gotten any shares. Was the 25+% rule in effect here?
yep. just got the shares.
CLIR - That was fun! It's a little spread out here now though, we'll see what it does the rest of the day
CLIR @ $8.90! Been ready to book some profits there but it just hasn't even shown any weakness today, should pass 9 soon and march towards 10!
new hod again..... 8.80
CLIR @ $8.55 is up 113% since IPO'd!
CLIR 8.25 HOD
ISSM @ .72 BOOOOM!
Looks like they want to take CLIR to $10, ISSM has bid of .60!
Mr. W you see CL_IR up premarket 8 dollars right now.
IS_SM .60 x .72
Jeffn - a little bit. Do you mind explaining more? When do i have to hold until?
are you aware of the 25%+ rule?
The record date is may 9th... It says it right on the 8k.. Lol
i'm gonna go with the record and payment date both being may 23. this is not a normal divi. hopefully some cheapies will be available between now and then.
LOL... good one! I say 3 days
how many licks does it take to get to the tootsie roll center of a tootsie pop?
Mr. Whiteside this is clearly not your typical dividend bs I have seen a million times on Pennies.... We are getting shares of something trading in the dollars.... no pennies, subpennies, or triple zeroes. I plan on calling the company back to ask more information about the shell itself.
It was a great day, I bought some CLIR too mid-afternoon. I do wish we had a little insight from some old regulars here. It is difficult trying to figure where, when and how much profit to take on the way up and whether to hold for the divy. Looks like we were right though and they should have looked into it. I saw one convo you had with someone and they thought the divy was in a pink sheet stock, didn't even look into it. But if you get 2000 followers they will follow you off a cliff. It's comical. Have a great weekend!
Mr. Whiteside.... just got home and what a positive day 52 grand in volume in ISSM.... CLIR up 24% on over 2 million dollars in volume (check me if I am wrong). I know people look for an ex date to sell their shares and then get the dividend... but I want people to look at http://www.otcmarkets.com/stock/ISSM/quote ... OTCQB shell stock. Go over the filings......
Overall a great day. I know CLIR will have to pull back, but lets see how the month looks for it.
ISSM closed .56 at HOD - it actually closed with a higher bid than the high of day as shown here:
As far as what day you have to be in ISSM to get the dividend, I do not know. I don't know if the stock has to be "settled" in your account. I've asked the more experienced people these questions and they have not responded nor shown any interest in the stock. They'd rather by Minipoo's stock.Meanwhile ISSM was up 154% for the week. CLIR, the divi stock was up 74% on the week. If anyone is listening, have a great weekend. Out.
they never really said but i would think it is either by end of day today or maybe monday. that way you have the 3 days for it to settle by the 9th.
When do i have to buy the stock by to get the dividend?
ISSM .54 X .56 MONSTER bids in...over 15g's worth!
ISSM .52 X .56 - Lookin' like it wants to boogie!
That's the real question. Look, new high of year is on the bid .52 X .54!
I can only hope Clir continues its run by the time we get our shares.
ISSM .50 X .54 Biggest bid we've seen here
ISSM 5 trades & $20,585 money volume
CLIR another NHOD at $7.05!
called the number on pinksheets... they directed me to the person I need to speak to (Gary). Called Gary... and we talked for a minute or two. He said he will find out the specifics and get back to me.
.50's taken out on ISSM, an $8135 BUY!
Hopefully Rain will look at it and answer some of our questions if he knows.
It really looks like to me the CEO and other insiders aren't interested in selling ISSM at this price, they want the divi. The 8K was something that was required to be disclosed. But no PR? If I'm the CEO of ISSM and this is my ruse to sell ISSM stock, I'm releasing multiple PR's and hiring a stock promoter. Meanwhile CLIR keeps chugging along.
no not really. i have been to the dividend board a couple times, though. the ceo invested a few bucks into the divi company. including warrants he has 14.2% interest.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8579980
CLIR up an amazing 65% since first IPO'd!
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Integrated Surgical Systems, Inc.
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