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
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]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
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 thermal solutions, including Thermal Kits,
Thermal Pads, and
Thermal Helmets, in the United States and Japan.
"We are proud that customers such as casinos, entertainment venues, government agencies, hospitality organizations, industrial operations, law enforcement, and retail establishments have placed their trust in our AI-based thermal products to function as part of the solution for reopening the U.S. economy," stated Kai-Shing Tao, CEO of Remark Holdings.
"Our solutions provide touch-free access control and monitoring, as well as accurate temperature measurement and the ability to scan as many as 120 people per minute, a rate that is approximately 10 times faster than manual checks.
Our solutions also filter out non-human heat sources and provide security personnel with real-time alerts with photo identification."
The COVID-19 pandemic brought awareness to the United States of the importance of using thermal-detection technology as a first-level screening tool to prevent the spread of contagious diseases in locations and situations where people gather in large groups. In addition, employees are demanding that employers provide a safe work environment, beginning with temperature checks that help to promote a healthy environment.
Traditional thermal imagers and temperature devices require a human operator to scan each patron as they walk through a security point.
The close proximity creates an uncomfortable intrusive experience for customers and employees in addition to causing delays at point of entry.
"We designed our family of thermal detection products to meet the specific needs of our customers," added Mr. Tao.
"While thermal-imaging camera technology has been available for years, we have created what we believe are industry-leading solutions by integrating our award-winning AI software with very high-grade thermal-imaging cameras.
Additionally, our AI-based temperature scanning solutions have operated successfully in Asia for nearly a year."
TK-1 (Thermal Kit 1) System
The company's AI-powered Thermal Kit is an all-inclusive solution that allows for fast, touch-free scanning of multiple people at one time as they enter through established access points at a customer's site.
The system instantly and quietly alerts security personnel of any person with a skin temperature that suggests a higher-than-normal temperature, allowing site personnel to conduct a secondary temperature check.
Integrated with a calibrated, bi-spectral thermal camera,
Remark AI's software intelligently identifies and detects people with temperatures that exceed a specified threshold, while also preventing spoofing, at speeds as high as 120 people per minute. The system can be mounted on walls, tripods, or ceilings to scan wider areas.
At the ideal distance of 2-5 meters, the TK-1 System boasts accuracy within +/- 0.3?. Additionally,
Remark's thermal solutions can be used to enhance existing security camera infrastructure.
Customers install the TK-1 System either as a standalone unit or integrated into a centralized control system.
Real-time video and audible alerts from each installed system are sent to the command center, allowing operators to identify and track any high-risk individuals and alert the nearest security personnel/operator for a secondary check.
Thermal Pad (R-Pad)
Remark's R-Pad combines precise, medical-grade infrared thermal-imaging sensors with the company's leading facial and object recognition algorithms in the form factor of a mounted tablet device.
Placed at access points, the R-Pad scans everyone as they check in, and seamlessly integrates with a customer's access control and gate terminal.
The R-Pad supports simultaneous multiple person clock-in,
to avoid queueing, and facial-recognition-based attendance management.
Thermal Helmet and Thermal Kiosk
Remark's Thermal Helmet is a mobile solution fitted with a
thermal-imaging camera that allows security personnel to patrol
crowds and identify individuals with temperatures that exceed a specified threshold.
A diffraction display provides multiple simultaneous temperature images that allows the security officer to accurately identify individuals who should be examined further.
The Thermal Kiosk can be placed anywhere in a facility, especially at access points.
The kiosk then immediately notifies security personnel when it detects someone with a temperature that exceeds a specified threshold, and sends an image of the customer for additional tracking and testing.
Thermal Helmets and Thermal Kiosks are proven solutions for use at large live entertainment events including sport stadiums and music concerts venues.
Additional information on the above products can be obtained by contacting the company at: firstname.lastname@example.org.
Remark Holdings, Inc. (PRNewsFoto/Remark Media, Inc.)
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
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