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Remark Media Inc (MARK) RSS Feed

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SHARECARE 4.6% OWNERSHIP;[PG.11]I AM READING THIS; In 2009, we co-founded a U.S.-based venture, Sharecare, Inc. (“Sharecare”),
to build a web-based platform that simplifies the search for health and wellness information.
The other co-founders of Sharecare were Dr. Mehmet Oz, HARPO Productions, Discovery Communications, Jeff Arnold and Sony Pictures Television. 

As of September 30, 2019, we owned approximately 4.6% of Sharecare’s issued stock and maintained representation on its Board of Directors.

https://www.otcmarkets.com/filing/html?id=13734741&guid=G5oHUeLsyo_dlbh

During June 2018, one of our consolidated VIEs acquired a 
20% interest in Beijing All-in-one Cloud Net Technology, Co. Ltd. 

(“AIO”), a Chinese technology company which provides consulting and 
data services to the Chinese film industry, in exchange for $1.0 million, a portion of which was paid by September 30, 2019, 
and a license to use our proprietary KanKan data intelligence platform in China. 

Based on our evaluation of the facts and circumstances related to the transaction,
we determined that we will account for such transaction using the equity method of accounting. 

We recognize our equity in the net earnings or losses relating to AIO 
on a one-quarter reporting lag in our Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss.
For the three months ended September 30, 2019, the amount of our equity in AIO’s net earnings for their quarter ended June 30, 2019 was not material.



this is reasonable; $MARK !!!!! Item 8.01 Other Events.
https://ih.advfn.com/stock-market/NASDAQ/remark-MARK/stock-news/82450412/current-report-filing-8-k

Remark Holdings, Inc. (“Remark”, “we”, “us” or “our”) is relying on the relief provided by the Securities and Exchange Commission Order Under Section 36
of the Securities Exchange Act of 1934 Modifying Exemptions from the Reporting and Proxy Delivery Requirements for Public Companies, SEC Release No. 34-88465,
dated March 25, 2020 (the “Order”), to delay the filing of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 (the “Q1 2020 Form 10-Q”) by up to 45 days. 

We intend to file our Q1 2020 Form 10-Q approximately 45 days after May 15, 2020, or June 29, 2020.

In addition to our corporate headquarters in Las Vegas, Nevada, we maintain offices in the cities of Chengdu, Shanghai and Hangzhou in China. As early as January 2020,
in response to the early stages of what would become the COVID-19 pandemic, national and local governmental authorities in China began to shut down most forms of public
transportation and impose restrictions on travel, public gatherings and non-essential businesses. 

The restrictions prevented our employees from leaving their homes, from being able to obtain needed information from vendors and customers and, as a result,
from completing tasks essential to our accounting and financial reporting process on a timely basis. 

Our efforts to focus on the preparation of our Annual Report on Form 10-K for the year ended December 31, 2019, as well as the effects on our employees
and our operations of a stay-at-home order imposed by the Governor of Nevada which continues as of the date of this report,
have hindered our ability to complete work on the Q1 2020 Form 10-Q. 

As a result, we will not be able to timely review and prepare our financial statements for the quarter ended March 31, 2020.

We intend to update the risk factors previously disclosed in our most recent periodic reports filed under the
Securities Exchange Act of 1934, as amended, to include the following risk factor:

Our business operations may be harmed by the recent coronavirus outbreak.

Our business operations may be harmed by the effects of the recent global outbreak of a novel strain of coronavirus, COVID-19, first identified in Wuhan, China.
We maintain significant operations in China relating to our KanKan business. 

In an effort to halt the outbreak of COVID-19, national and local governmental authorities in China have placed
significant restrictions on travel and other activities within China, leading to extended business closures. 

These restrictions and business closures have limited our operational capabilities, which could have a material impact on our business.

The virus has also spread rapidly across the globe, including the U.S. The pandemic is having an unprecedented impact on the U.S. economy
as federal, state and local governments react to this public health crisis, which has created significant uncertainties. 

These uncertainties include, but are not limited to, the potential adverse effect of the pandemic on the economy,
our vendors, our employees and customers and customer sentiment in general. 

Continued impacts of the pandemic could materially adversely impact global economic conditions, our business,
results of operations and financial condition, including our potential to conduct financings on terms acceptable to us, 

if at all, and may require significant actions in response, including but not limited
to expense reductions or pricing discounts, in an effort to mitigate such impacts. 

In addition, governmental authorities around the world have instituted measures in an effort to control the spread
of COVID-19, including travel restrictions, shelter-in-place orders, school closings, 

closure of non-essential businesses and other quarantine measures, which may make it much more difficult,
or temporarily or permanently impossible, for us to provide certain products and services to our customers.

The extent of the impact of the pandemic on our business and financial results will depend largely on future developments,
including the duration and severity of the outbreak, the length of the travel restrictions and business closures imposed by domestic and foreign 

governments, the impact on capital and financial markets and the related impact on the financial circumstances of our customers,
all of which are highly uncertain and cannot be predicted. 

This situation is changing rapidly, and additional impacts may arise that we are not aware of currently.

https://twitter.com/hashtag/RemarkAI?src=hashtag_click


340 employees !!!!! i'm here; DIS's vs. Suppliers, Data (Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)

https://csimarket.com/stocks/suppliers_glance.php?code=DIS

Remark Holdings Inc----MARK-------75-----------------64---------------[-23]-----340

COMPANY NAME-----TICKER--MARKET CAP-REVENUES-INCOME-EMPLOYEES
 
WYNN's comparison of Quarterly Growth Rates to its Suppliers;
https://csimarket.com/stocks/competitionNO3.php?supply&code=WYNN
ONE IN $MARK
Remark Holdings Inc 2 Q MARK down-86.17 % down-85.28 % -
 
Bravo Multinational Inc 1 Q GHDC - - up99556.26 % up446579.28 %
International Game Technology Plc 4 Q IGT up792.04 % up792.04 % up57.49 % up57.49 % 


Earlier today, MAY 06, 2020
https://www.casino.org/news/remark-holdings-emerges-from-obscurity-on-wynn-deal-rumors/
the Twitter account @StanTradingMan posted an email from 
Wynn Las Vegas guest relations confirming that the integrated resort operator is partnering with Remark for thermal screeners and cameras 
to be used throughout its venues.
Remark Holdings Bursts Onto Penny Stock Scene Amid Wynn Deal Rumors
Todd Shriber - May 06, 2020
Remark Holdings Bursts Onto Penny Stock Scene Amid Wynn Deal Rumors
Remark Holdings, Inc. (NASDAQ:MARK),
a small Las Vegas company perhaps
best known for owning the http://Bikini.com and
http://Vegas.com web sites,
is soaring Wednesday amid social media-fueled rumors that the firm will sell thermal scanners for COVID-19 detection to Wynn Resorts (NASDAQ:WYNN).



[-chart]www.casino.org/news/wp-content/uploads/2020/05/stan.png[/chart]


 
[-chart]finviz.com/chart.ashx?t=MARK&ty=c&ta=1&p=d&s=l[/chart]


About Remark Holdings, Inc.

Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated suite of AI solutions that enable businesses
and organizations to solve problems, reduce risk and deliver positive outcomes.
The company's easy-to-install AI products are being rolled out in a wide range of applications within the retail,
financial, public safety and workplace arenas.
The company also owns and operates digital media properties that deliver relevant, dynamic content and ecommerce solutions.
The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and
in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please visit the company's website at

http://www.remarkholdings.com.

Newsroom

http://ir.remarkholdings.com/newsroom
http://ir.remarkholdings.com/events-and-presentations
http://ir.remarkholdings.com/financial-information/sec-filings

 
Remark Holdings' Family of AI Thermal Solutions Helping to Reopen Global Businesses
April 30 2020 - 09:00AM
PR Newswire (US) Print
LAS VEGAS, April 30, 2020 /PRNewswire/
-- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global
technology company with leading artificial intelligence ("AI")
solutions and digital media properties, today announced that it began shipping and deploying products from its family of AI therm