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Texture, formerly known as next issue, was founded in 2009 as well.
TEXTURE:
http://digiday.com/media/throwback-thursday-next-issue-media/
http://www.foliomag.com/next-issue-media-raises-50-million-kkr/
https://www.crunchbase.com/organization/next-issue-media#/entity
https://www.crunchbase.com/product/texture-app#/entity
https://techcrunch.com/2015/09/30/next-issue-relaunches-as-texture/
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PIXELMAGS:
http://stateoftech.net/pixelmags-inc-reports-record-growth
http://www.marketwired.com/press-release/fundamental-needs-publishing-industry-pixelmags-inc-is-moving-their-business-model-saas-1888103.htm
https://www.crunchbase.com/organization/pixelmags#/entity
https://www.crunchbase.com/person/ryan-marquis#/entity
https://netin.co/open/cERGbHFVclFEY1FnK095MHVmbUFkUT09LS1kOW5LSGh0NHJPSklGWU1rR1AycnFBPT0=--d917fd40f8ac599adf3a2ae641fcf08acb6d13b0
Pixel Mags is rebranding itself, kicking off the summer with some insane promotions! Contact our publishing team for details 310-359-8713
— pixelmags (@pixelmags) May 29, 2015
This was a Passage taken from 2013 8-k - over 3 years ago, when the share price was $0.70
https://www.sec.gov/Archives/edgar/data/1411730/000106299313004478/sched14f1.htm
Pixelmags moved in last year, All officers have since changed.
https://www.sec.gov/Archives/edgar/data/1411730/000149315216010214/form8-k.htm
http://getfilings.com/sec-filings/161201/Solaris-Power-Cells-Inc_8-K/
http://www.prnewswire.com/news-releases/solaris-power-cells-retains-aas-associates-to-evaluate-solaris-pesa-storage-cell-with-potential-40-million-valuation-615210623.html
Pursuant to an option and separation agreement, dated as of May 16, 2016 (the “Separation Agreement”) between the Company and Leonard Caprino, the President of Solaris, Mr. Caprino agreed as of May 31, 2016 (the “Termination Date”) to voluntarily resign as an executive officer and member of the board of directors of the Company. Under the Separation Agreement, the Company agreed to pay accrued and unpaid compensation and other obligations to Mr. Caprino valued at $150,000 by the issuance to Mr. Caprino of (a) 1,000,000 shares of the Company’s Series A Preferred Stock, and (b) a convertible $100,000 Company note due on October 15, 2016 (the “Severance Note’), the payment of which is to be secured by a lien on the Company’s existing assets, consisting of existing assets, consisting of the Solaris Sun Car Golf Carts, Solaris Sun Car EZ Go Model, Solaris F2 Vapor Mod and associated PESA Electronics, associated PESA Cell storage arrays, and related technology, as well as domain names relating to such assets. The Severance Note is convertible into Company Common Stock at a conversion price equal to the volume weighted average price of Company Common Stock as of the date notice of conversion is given by the holder of the Severance Note. In addition, the agreement with Mr. Caprino grants him an option, exercisable at any time commencing July 15, 2016 and ending December 31, 2016 (the “Option Period”) to purchase the Existing Solaris Assets for the sum of $60,000; which amount is payable by Mr. Caprino either in cash or by reducing a like amount of the Severance Note.
Retain
re·tain
verb
past tense: retained; past participle: retained
continue to have (something); keep possession of.
Solaris Power Cells, Inc., the creators of the Solaris PESA™ or "Passive Electron Storage Array"™, (SPCL) (the "Company") has retained a leading technology valuation firm, AAS Associates. AAS is being retained for the purpose of reviewing and placing a valuation on the Solaris PESA technology, to assist the company in a potential divestiture, joint venture or licensing agreement.
Thanks, INSTATRADER
I appreciate your DD and effort. Saw the vape dog post after submitting my own; I'm still curious about the whole situation - hopefully we'll find out more, soon enough.
Still invested, and confident in this play
SPCL/Pixelmags
Hmmm.., this doesn't make sense to me - why would Caprino choose not to keep PESA tech if it were worth that much? I think we're missing something....
At least we know vape dog confirmed the news with Neil, himself.
Still invested - still confident in the play
3 years of audited financials includes 2014, Jerry. - the company's revenue from 2014 is relevant.
Stock price was 0.0019 on 10/6, - I guess you caught me? No offense..it seems this logic has some missing pieces
dont trust anyone DO YOUR OWN DD
SPCL/Pixelmags - long and strong
My mistake *no other company in VC2's portfolio had revenues of $48 million in 2015 - and S-a-a-S is what they're officially listed as. Thank you for the article, McPatrick.
SPCL/Pixelmags
GLTA
Yes! I wonder who would liquidate a company that can integrate published content to apple news, google newsstand, amazon kindle, etc.. a big difference between Pixelmags, and other Vert companies is their REVENUE!!!! None of the other companies brought in $48 million for 2015, and none of the others were leaders in a market that's turning into the modern day printing press.. a market that expected to grow past $35bn in 2020
SPCL/Pixelmags
GLTA
D-a-a-S for publishers,, Their IP is be used for S-a-a-S -
the Readr app is still running, and their upload process is also S-a-a-S,, quite possible theres a few things we're missing as well - not enough information, at the moment.
Lol.. Track 1. Neil Kleinman (feat E40) - Choices
December 1 8-k:
http://getfilings.com/sec-filings/161201/Solaris-Power-Cells-Inc_8-K/
May 23 8-k:
https://www.lawinsider.com/contracts/4TkCHkeZcy2Q2UrhvmWmVg/solaris-power-cells/1411730/2016-05-23
Vert Capital Transaction Criteria:
http://www.vertcapital.com/transaction-criteria.html
Hoovers insight:
http://m.hoovers.com/company-information/cs/company-profile.pixelmags_inc.61e87a0bf2f42e57.html?__utma=32432935.1904016065.1481298306.1481298819.1481298819.1&__utmb=32432935.3.10.1481298819&__utmc=32432935&__utmx=-&__utmz=32432935.1481298819.1.1.utmcsr=hoovers.com%7Cutmccn=(referral)%7Cutmcmd=referral%7Cutmcct=/&__utmv=-&__utmk=61984430
Vert "affiliate" (VC2):
http://www.vc2capital.com/portfolio
P. 14 - announced M&A transactions
http://vistapointadvisors.com/wp-content/uploads/2016/07/Software-Update-Q2-2016.pdf
NSOS:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=24uUSGFwtG9LWMfRZzvvhg%253d%253d
https://www.delawarelookup.com/company/5708725/pixel-holdings-inc
SPCL/Pixelmags
Correct - Filing was edgarized 7/29/2015; before Pixelmags legally had anything to do with SPCL. According to 8-k filed in may, Pixelmags was aware of SPCL's financial and legal statuses, and had already audited their own company's financials, minus the transaction footnotes, and schedules - which, i agree - is probably one of the requirements they've been working on since they started this deal.
Thanks for posting,,
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LONGS IN THE HOUSE. still holding, still accumulating. No matter what is said - Jan 31 is around the corner, and the truth will be revealed.
Waiting on those fins..
DON'T TRUST ANYONE - DO YOUR OWN DD -
GLTA
Interesting.. Texture seems to be 'next issue,' reborn..
http://www.foliomag.com/texture-cleared-for-in-app-purchases/
Focusing on original content.
http://www.foliomag.com/texture-debuts-exclusive-series-with-eyes-on-producing-original-content/
Good to know - thanks for posting
SPCL/Pixelmags
GLTA
Thanks,, all quotes from 8-k - Credit to all the Trips that contributed to the DD before this was a blip on anyone's radar - and to the investors that continue to provide credible DD and insight
- DON'T TRUST ANYONE DO YOUR OWN DD -
DEBT:
Great post! let's not forget...
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=37186265
Thanks! 8-k has a lot of useful information and factual evidence - I will gladly continue posting quotes and passages that clearly lay out the specifics of the RM, as well as legal/official documents that confirm RM, company financials, and plans to uplist.
SPCL/Pixelmags
GLTA
8-k provides information on [lack of] debt, Share Structure, RM/RS process, legality, and MUCH more - just gotta take the time - i find the search function to be particularly useful.
https://www.lawinsider.com/contracts/4TkCHkeZcy2Q2UrhvmWmVg/solaris-power-cells/1411730/2016-05-23
SPCL/Pixelmags
GLTA
Agreed! Patience is key..
I would much rather have them take time to get things right, than rush through protocol and get dinged for it later..
SPCL/Pixelmags
the 8-k states approximately 18,328,978 shares outstanding .. not 1,832,897
*1 million shares of Series B preferred stock (convertible) WILL go thru 1:100 RS upon conversion
*1 million shares of Series A preferred stock, WILL NOT go thru 1:100 RS
INTL on level II
Great post! Thanks to all who are/have been contributing CREDIBLE DD to the investors looking for facts and useful information.
All your insight is much appreciated! Keep fighting the good fight....
SPCL/Pixelmags
GLTA
Pixelmags is being bought; in return, Solaris founder/CEO has resigned and been compensated - Solaris officers have been replaced by Vert/Pixelmags officers, and SPCL is now the home of Pixelmags....now they begin renovation.
SPCL/Pixelmags
GLTA
Yes, it is a REVERSE MERGER - If Pixelmags' intention is to go public, it would not make sense for them to acquire SPCL - it would defeat the whole purpose! If they bought Solaris, they would still be a private company.
GLTA
LEGAL SEC FILINGS.. for this to be a SCAM, they would to have taken the time and spent the money to:
-buy SPCL shell, and compensate Leonard Caprino
-pay for all services required to RM into a Shell company - this includes lawyer fees, auditing fees, SEC fees, State fees, and everything in between.
-write up and submit an extremely detailed 112 page 8-k
-plan a 1:10 RS on Authorized Shares
-actually audit their financials
-Employ ~50 people - all of which would be affiliated.
-code and release their readr app. - must have taken time and money.
-pay all other expenses involved with running an ACTUAL COMPANY
Wouldn't they have to answer to all those publishing companies, if they could not deliver?
Social media presence seems to have died down last year, around the time Pixelmags announced it would be rebranding itself - don't they distribute to other platforms, anyway? Also, around the same time Ryan Marquis, and Mark Stubbs left to start Plastc.. THEY ARE ENTREPRENEURS - does this not make sense? They have given themselves to Pixelmags since 2009, so why not grow a new company? What if they don't want to spend their entire lives running Pixelmags? Many entrepreneurs grow their businesses with hopes of selling or being acquired by another company, so they can move on and start something new. My point is, the founders leaving is a neutral piece of information, until proven otherwise.
There are more than just audit and RM updates. The filings list the companies involved, parties involved, and lays out legal stipulations regarding share structure. In addition, we have seen updates that confirm the statements made in the may 8-k. Any plans that stray from statements made in previous 8-k must be ammended ASAP, as per SEC. This is what we know.
Aside from the 8-k and the SEC - There is a lot of market research that can be done, in regards to HTML5, D-a-a-S/S-a-a-S, and other trends. This company has the ability and capability to distribute cleanly and as intended, content and ads across multiple platforms IMO these capabilities and real world applications, make Pixelmags a valuable asset.
Am I missing something?
SPCL/Pixelmags
GLTA
What we have an 8-k from may, an 8-k from nov 30, and NSOS updates in late november - there is enough information to confirm Pixelmags exists, and is in the process of a Reverse Merger into SPCL shell. Right now, we are waiting for 2014, 2015, and 2016 financials to be made public.
3 years of financials (including current year, which ends December 31, 2016) from a private company -
and just to give some insight on what pixelmags can do
Content and Ad distribution that has the ability to reach younger generations....
Pixelmags specializes in formatting across multiple platforms (not only can their content be viewed on any site/device/computer, but it can also appear presentable and as intended) with HTML5. Interactive magazines, interactive ads, videos inside magazines, video ads, the list goes on. The ability to format digital content with HTML5 so it appears as intended on any platform, coupled with the capability of pushing to countless digital platforms, could be a valuable asset for someone, IMO
RSI below 50, MACD above zero, signal approaching, above zero
Anyone can edit wiki. Why not focus our efforts more constructively - we have an 8-k from may, an 8-k from nov 30, and NSOS updates in late november - there is enough information to confirm Pixelmags exists, and is in the process of a Reverse Merger into SPCL shell. Right now, we are waiting for 2014, 2015, and 2016 financials to be made public.
3 years of financials (including current year, which ends December 31, 2016) from a private company, and people are wondering why it's taking a while to audit - patience, and faith. I have done my DD and I trust my research. I have come up with several different scenarios, and look forward to amending them in light of new information.
Pixelmags specializes in formatting across multiple platforms (not only can their content be viewed on any site/device/computer, but it can also appear presentable and as intended) with HTML5. Interactive magazines, interactive ads, videos inside magazines, video ads, the list goes on. The ability to format digital content with HTML5 so it appears as intended on any platform, coupled with the capability of pushing to countless digital platforms, could be a valuable asset for someone, IMO
I don't think the wikipedia edit is that serious of an offense - just can't trust it, at the moment is all.
Regardless of financials, we know that both shutterstock and pixel mags use SaaS and DaaS monetization models; they are still not very different from each other.
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What we have are legal SEC and NSOS filings, that paint a pretty detailed picture of an actual company with revenues, that's planning to go public by means of Reverse Merger into a shell company.
May 8-k:
https://www.lawinsider.com/contracts/4TkCHkeZcy2Q2UrhvmWmVg/solaris-power-cells/1411730/2016-05-23
NVSOS update:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=24uUSGFwtG9LWMfRZzvvhg%253d%253d&nt7=0
Nov 30 8-k:
http://www.advfn.com/news_Current-Report-Filing-8-k_73046216.html
Note: recent 8-k signed by neil kleinman
There is also an entry on bloomberg, that states "Vert Capital invests $2mil-$25mil in growing companies between $10-200 million with a max EBITDA of $25 million"
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=217263204
https://www.crunchbase.com/organization/pixelmags/funding-rounds
As per 8-k, the previous owner/CEO, Leonard Caprino, has been compensated. The officers have been swapped, and the financials are being audited.
SPCL/Pixelmags GLTA
The bot updated spelling errors, the edit below with the encrypted name, shows the account updated more than that...
Caught the wikipedia edit, as well.. SMH
Are private companies required to provide financials publically to non-existing shareholders?
Also the Pixel Mags wikipedia page was edited recently... not sure how reliable the information is, now....