Waiting For Monday
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I thought it was holding up pretty good if it was taken as terrible news we would be deep red
Lol, could be, I never understood why it is so cool anyways, but,, I used to have a website I made years ago with pictures of the family for others to use, I asked my new wife who just had a baby if she wanted the site to mess with,, she said "no that's what Facebook is for" she puts every pic on there like a backup or something,, she is much younger then me and that is where she talks with friends,, I still use he phone or meet.
Motricity Appoints Nathan Fong as Chief Financial Officer
Motricity, Inc. (MM) (NASDAQ:MOTR)
Today : Wednesday 30 May 2012
Motricity (Nasdaq:MOTR), a leading provider of mobile Internet services, today named Nathan Fong as its chief financial officer. Fong will join Motricity's executive management team beginning on June 12, 2012. Interim chief financial officer Stephen Cordial, a partner with Tatum LLC, will stay on with Motricity through a brief transition.
"Nathan has an entrepreneurial mindset, combined with strong, relevant experience at internet marketing organizations," said Jim Smith, interim chief executive officer, Motricity. "We are pleased to attract a professional of his caliber as we continue to work to transform the business and lay the foundation for long-term growth."
"After extensive due diligence, we believe that Nathan Fong is the right fit for Motricity. His experience and skill set is ideally suited to creating value for the company and its stakeholders," said Larry Ormsby, Senior Client Partner, Korn Ferry. "We are delighted that Korn Ferry was selected to help recruit this top-notch executive."
Fong, 48-years-old, has more than two decades of experience in corporate finance. He joins Motricity from Atrinsic, Inc., a direct-to-consumer Internet search-marketing company, where he served as chief financial officer and interim chief executive officer. Prior to joining Atrinsic, Fong served as executive vice president and chief financial officer of The Orchard Enterprise, Inc., an industry pioneer and innovator in digital media services. Fong has also served as chief financial officer of Rodale International, a global publisher of health and wellness books and magazines, and Discovery Networks International, a leading media and entertainment company. Earlier in his career, he was divisional vice president of finance at Twentieth Century Fox International. Fong has a Bachelor of Arts in Accounting from Michigan State University and a Master of Business Administration from the University of Rochester.
"I was attracted to Motricity's unique set of mobile assets and its close association with the carrier, enterprise and advertising industries," said Nathan Fong. "This is a very exciting time in the mobile industry and I look forward to being part of, and contributing to, Motricity's future growth alongside a talented team."
About Motricity
Motricity (Nasdaq:MOTR) empowers mobile operators, brands and advertising agencies to maximize the reach and economic potential of the mobile ecosystem through the delivery of relevance-driven merchandising, marketing and advertising solutions. Motricity leverages advanced predictive analytics capabilities to deliver the right content, to the right person at the right time. Motricity provides their entire suite of mobile data service solutions through one, integrated, highly scalable managed service platform. Motricity's unique combination of technology, expertise and go-to-market approach delivers return-on-investment for our mobile operator, brand and advertising agency customers. For more information, visit www.motricity.com or follow @motricity on Twitter.
The Motricity, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7813
Safe Harbor and Forward-Looking Statement
Statements made in this release and related statements that express Motricity's or its management's intentions, indications, beliefs, expectations, guidance, estimates, forecasts or predictions of the future constitute forward-looking statements, as defined by the Private Securities Litigation Reform Act of 1995, and relate to matters that are not historical facts. They include, without limitation, statements regarding our ability to transform our business and our ability to attract and retain key employees. These statements represent beliefs and expectations only as of the date they were made. We may elect to update forward-looking statements but we expressly disclaim any obligation to do so, even if our beliefs and expectations change. Actual results may differ from those expressed or implied in our forward-looking statements. Such forward-looking statements involve and are subject to certain risks and uncertainties that may cause our actual results to differ materially from those discussed in a forward looking statement. These include, but are not limited to: the sufficiency of our liquidity and capital resources and our ability to raise additional capital or generate the cash flows necessary to repay our indebtedness; our reliance on a limited number of customers for a substantial portion of our revenues; our ability to realign our business, focus on our mobile media and enterprise business, broaden our solutions and services to North American carriers and obtain new customers for that business, or to broaden our solutions and services to North American; the highly competitive nature of the mobile services industry in which many of our competitors have significantly greater resources; the rapid technological changes in the mobile data services industry our ability to attract and retain key employees and qualified personnel; our ongoing leadership transition; our ability to recognize the expected benefits from the reduction in force and cost savings measures; the impact or our strategic review and our ability to consummate financing options on favorable terms or at all; our ability to integrate our acquisition of Adenyo and any future acquisitions and business combinations effectively; the impact of worldwide economic conditions and related uncertainties and the health of and prospects for the overall mobile services industry; risks related to the use and protection of proprietary information; our ability to develop strategies to address our markets successfully and to meet customer demands with respect to products, services, support and service level commitments; disruptions in datacenters services and other capacity constraints; uncertainties inherent in the development of new products and services and the enhancement of existing products and services, including technical risks, cost overruns and delays; our ability to tailor our complex solutions to our customers' needs; our ability to utilize net operating losses; our ability to maintain proper and effective internal controls; our reliance on third parties to develop content and applications, customer acceptance of such offerings and our liability with respect to such content; undetected software errors in our products and indemnity obligations and claims relating to our products and services; our ability to manage growth; impairment losses related to goodwill, intellectual property and equipment; risks and diversion of resources related to the litigation against us and our current and former directors and officers; actual or perceived security vulnerabilities in mobile devices; the impact of changing governmental regulations and our ability to comply therewith; risks related to the commercialization of open source software we use; the influence and control our principal stockholder may exert; and other uncertainties described more fully in our filings with the Securities and Exchange Commission.
CONTACT: Media Contacts:
Karl Stetson, Edelman for Motricity
(206) 268-2215
karl.stetson@edelman.com
Troy McCombs, Edelman for Motricity
(206) 268-2225
Troy.McCombs@edelman.com
Investor Relations Contact:
Alex Wellins
(415) 217-5861
alex@blueshirtgroup.com
Your out of ATRN?
Motricity Appoints Nathan Fong as Chief Financial Officer
Motricity, Inc. (MM) (NASDAQ:MOTR)
Today : Wednesday 30 May 2012
Motricity (Nasdaq:MOTR), a leading provider of mobile Internet services, today named Nathan Fong as its chief financial officer. Fong will join Motricity's executive management team beginning on June 12, 2012. Interim chief financial officer Stephen Cordial, a partner with Tatum LLC, will stay on with Motricity through a brief transition.
"Nathan has an entrepreneurial mindset, combined with strong, relevant experience at internet marketing organizations," said Jim Smith, interim chief executive officer, Motricity. "We are pleased to attract a professional of his caliber as we continue to work to transform the business and lay the foundation for long-term growth."
"After extensive due diligence, we believe that Nathan Fong is the right fit for Motricity. His experience and skill set is ideally suited to creating value for the company and its stakeholders," said Larry Ormsby, Senior Client Partner, Korn Ferry. "We are delighted that Korn Ferry was selected to help recruit this top-notch executive."
Fong, 48-years-old, has more than two decades of experience in corporate finance. He joins Motricity from Atrinsic, Inc., a direct-to-consumer Internet search-marketing company, where he served as chief financial officer and interim chief executive officer. Prior to joining Atrinsic, Fong served as executive vice president and chief financial officer of The Orchard Enterprise, Inc., an industry pioneer and innovator in digital media services. Fong has also served as chief financial officer of Rodale International, a global publisher of health and wellness books and magazines, and Discovery Networks International, a leading media and entertainment company. Earlier in his career, he was divisional vice president of finance at Twentieth Century Fox International. Fong has a Bachelor of Arts in Accounting from Michigan State University and a Master of Business Administration from the University of Rochester.
"I was attracted to Motricity's unique set of mobile assets and its close association with the carrier, enterprise and advertising industries," said Nathan Fong. "This is a very exciting time in the mobile industry and I look forward to being part of, and contributing to, Motricity's future growth alongside a talented team."
About Motricity
Motricity (Nasdaq:MOTR) empowers mobile operators, brands and advertising agencies to maximize the reach and economic potential of the mobile ecosystem through the delivery of relevance-driven merchandising, marketing and advertising solutions. Motricity leverages advanced predictive analytics capabilities to deliver the right content, to the right person at the right time. Motricity provides their entire suite of mobile data service solutions through one, integrated, highly scalable managed service platform. Motricity's unique combination of technology, expertise and go-to-market approach delivers return-on-investment for our mobile operator, brand and advertising agency customers. For more information, visit www.motricity.com or follow @motricity on Twitter.
The Motricity, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7813
Safe Harbor and Forward-Looking Statement
Statements made in this release and related statements that express Motricity's or its management's intentions, indications, beliefs, expectations, guidance, estimates, forecasts or predictions of the future constitute forward-looking statements, as defined by the Private Securities Litigation Reform Act of 1995, and relate to matters that are not historical facts. They include, without limitation, statements regarding our ability to transform our business and our ability to attract and retain key employees. These statements represent beliefs and expectations only as of the date they were made. We may elect to update forward-looking statements but we expressly disclaim any obligation to do so, even if our beliefs and expectations change. Actual results may differ from those expressed or implied in our forward-looking statements. Such forward-looking statements involve and are subject to certain risks and uncertainties that may cause our actual results to differ materially from those discussed in a forward looking statement. These include, but are not limited to: the sufficiency of our liquidity and capital resources and our ability to raise additional capital or generate the cash flows necessary to repay our indebtedness; our reliance on a limited number of customers for a substantial portion of our revenues; our ability to realign our business, focus on our mobile media and enterprise business, broaden our solutions and services to North American carriers and obtain new customers for that business, or to broaden our solutions and services to North American; the highly competitive nature of the mobile services industry in which many of our competitors have significantly greater resources; the rapid technological changes in the mobile data services industry our ability to attract and retain key employees and qualified personnel; our ongoing leadership transition; our ability to recognize the expected benefits from the reduction in force and cost savings measures; the impact or our strategic review and our ability to consummate financing options on favorable terms or at all; our ability to integrate our acquisition of Adenyo and any future acquisitions and business combinations effectively; the impact of worldwide economic conditions and related uncertainties and the health of and prospects for the overall mobile services industry; risks related to the use and protection of proprietary information; our ability to develop strategies to address our markets successfully and to meet customer demands with respect to products, services, support and service level commitments; disruptions in datacenters services and other capacity constraints; uncertainties inherent in the development of new products and services and the enhancement of existing products and services, including technical risks, cost overruns and delays; our ability to tailor our complex solutions to our customers' needs; our ability to utilize net operating losses; our ability to maintain proper and effective internal controls; our reliance on third parties to develop content and applications, customer acceptance of such offerings and our liability with respect to such content; undetected software errors in our products and indemnity obligations and claims relating to our products and services; our ability to manage growth; impairment losses related to goodwill, intellectual property and equipment; risks and diversion of resources related to the litigation against us and our current and former directors and officers; actual or perceived security vulnerabilities in mobile devices; the impact of changing governmental regulations and our ability to comply therewith; risks related to the commercialization of open source software we use; the influence and control our principal stockholder may exert; and other uncertainties described more fully in our filings with the Securities and Exchange Commission.
CONTACT: Media Contacts:
Karl Stetson, Edelman for Motricity
(206) 268-2215
karl.stetson@edelman.com
Troy McCombs, Edelman for Motricity
(206) 268-2225
Troy.McCombs@edelman.com
Investor Relations Contact:
Alex Wellins
(415) 217-5861
alex@blueshirtgroup.com
Delete. Sorry iPad being strange
There is always help readily available for business people when confronting a company emergency.
There are people that have the particular knowledge and expertise necessary to successfully fix urgent business problem situations … they are often called the Chief Restructuring Officer or the CRO for short.
However, as you will find different varieties of support out there, it is therefore really worth becoming familiar with the various types of people who can work in the capacity of Chief Restructuring Officer.
Some of these professionals will operate inside your company whilst some others will do the job purely in an advisory capacity.
Regarding on the job / on-site assistance, the most effective way is to augment and guide the company’s current management staff is employing an enterprise turnaround specialist to serve as the Chief Restructuring Officer.
A new Chief Restructuring Officer must first guide the enterprise to evaluate and analyze its’ situation, offering a seasoned perspective so that the owners and management can check and see precisely how serious the emergency might be, determine the particular alternatives and help make a realistic determination on whether or not the company can be saved.
The Chief Restructuring Officer will have to proceed quickly to force the measures necessary to come to terms with the circumstances, most often functioning as an “organizational medic” that will handle problems with the particular urgency, freedom and quite often ruthlessness that is required. The Chief Restructuring Officer must therefore always be the sort of person that can effectively manage emergencies and business challenges while maintaining a high degree of professional composure and integrity.
The Chief Restructuring Officer additionally provides a particular history of specialized know-how of highly relevant business and professional experiences to that he or she continually conveys a “been here …. solved that before” type of demeanor. This is not to imply that the Chief Restructuring Officer is arrogant …. but rather exudes a sense of quiet confidence that will be a source of strength for all employees during turbulent times.
The Chief Restructuring Officer will display this “seasoned confidence” to everyone and be able to speak to various groups such as stockholder, banks and other debtors, lawyers and insolvency experts all in ” their own language” thus providing the company with the very best possibility that it will probably obtain necessary support.
The assistance furnished by a Chief Restructuring Officer is usually incredibly ‘hands on’. The actual distinction here is normally that advisers like insolvency specialists or attorneys continue to be external to the actual company. The Chief Restructuring Officer is functions as an officer on behalf of the company.
“A Chief Restructuring Officer should ideally have specific experience in solving the type of crisis faced by your business”
But a Chief Restructuring Officer is often not the only individual that a company may require. As a transformation impacts all areas of the enterprise, so the company is likely to require guidance from a wide variety of professionals.
When the company is in an extreme emergency, frequently formal bankruptcy guidance may be required at the actual beginning of the tenure of the Chief Restructuring Officer. An Insolvency Professional will certainly be capable of recommending how to best use the recovery types of procedures within the Bankruptcy Act and will certainly be capable of helping the company directors in evaluating the company’s situation. Both CRO’s and Insolvency Professionals will also have solid operating relationships with the financial institutions and will end up being in a position to assist in attaining the necessary bank assistance that will certainly be necessary in a turnaround.
There is always help readily available for business people when confronting a company emergency.
There are people that have the particular knowledge and expertise necessary to successfully fix urgent business problem situations … they are often called the Chief Restructuring Officer or the CRO for short.
However, as you will find different varieties of support out there, it is therefore really worth becoming familiar with the various types of people who can work in the capacity of Chief Restructuring Officer.
Some of these professionals will operate inside your company whilst some others will do the job purely in an advisory capacity.
Regarding on the job / on-site assistance, the most effective way is to augment and guide the company’s current management staff is employing an enterprise turnaround specialist to serve as the Chief Restructuring Officer.
A new Chief Restructuring Officer must first guide the enterprise to evaluate and analyze its’ situation, offering a seasoned perspective so that the owners and management can check and see precisely how serious the emergency might be, determine the particular alternatives and help make a realistic determination on whether or not the company can be saved.
The Chief Restructuring Officer will have to proceed quickly to force the measures necessary to come to terms with the circumstances, most often functioning as an “organizational medic” that will handle problems with the particular urgency, freedom and quite often ruthlessness that is required. The Chief Restructuring Officer must therefore always be the sort of person that can effectively manage emergencies and business challenges while maintaining a high degree of professional composure and integrity.
The Chief Restructuring Officer additionally provides a particular history of specialized know-how of highly relevant business and professional experiences to that he or she continually conveys a “been here …. solved that before” type of demeanor. This is not to imply that the Chief Restructuring Officer is arrogant …. but rather exudes a sense of quiet confidence that will be a source of strength for all employees during turbulent times.
The Chief Restructuring Officer will display this “seasoned confidence” to everyone and be able to speak to various groups such as stockholder, banks and other debtors, lawyers and insolvency experts all in ” their own language” thus providing the company with the very best possibility that it will probably obtain necessary support.
The assistance furnished by a Chief Restructuring Officer is usually incredibly ‘hands on’. The actual distinction here is normally that advisers like insolvency specialists or attorneys continue to be external to the actual company. The Chief Restructuring Officer is functions as an officer on behalf of the company.
“A Chief Restructuring Officer should ideally have specific experience in solving the type of crisis faced by your business”
But a Chief Restructuring Officer is often not the only individual that a company may require. As a transformation impacts all areas of the enterprise, so the company is likely to require guidance from a wide variety of professionals.
When the company is in an extreme emergency, frequently formal bankruptcy guidance may be required at the actual beginning of the tenure of the Chief Restructuring Officer. An Insolvency Professional will certainly be capable of recommending how to best use the recovery types of procedures within the Bankruptcy Act and will certainly be capable of helping the company directors in evaluating the company’s situation. Both CRO’s and Insolvency Professionals will also have solid operating relationships with the financial institutions and will end up being in a position to assist in attaining the necessary bank assistance that will certainly be necessary in a turnaround.
Crappy day
Hey Bud,
I have always liked you, but,, just because you sold you shouldn't bash, I know the bashes pissed you off so
Ahaha got it they reset the privacy all the time,drives wife nuts
$h!t I was watching the wrong ticker, thought we were .065
Maybe they need to add "please click on an ad to support our shareholders"
Lol,,, please explain the break-ins
Well, well, well
Anyone out there?
It means you live on the east coast
Yes it's probably stupid AutoCorrect
How did u talk to him?
I'm pretty sure you cannot delete a profile very easily from ihub
Did chade leave us? His membership type is now free,, used to have a paid account.
Yes I saw that message from the other poster,
Interesting, I just tried calling and I cannot even get an operator to answer, I listened extension list and have been going through trying all the extensions so far no luck
I got the impression that they were but that was a little over a month ago
That is one of the things I wanted to speak with him about, I like the guy, and want to know what exactly is going on and if all the rumors are true,, there has been other people confirm the PR was real right? I am very interested to know why they have not posted into their site, every time I call the company I can never get anywhere, and I do know how to kiss ass on the phone.
I tried to become a client, they e-mailed me back a month or two ago wanting more information, they said my business may be too small for them I never replied
Yes I believe that you are right, interesting,, wasn't he the one that posted the client list?
I can't find him there either I sent him a pm last week with no response I did not know they restricted him
Also has anybody heard out of chade?
Isn't there a poster here is one of their clients?
What is the other company?
True but think about it from the other side of the table,, they get as much as they can at these prices, then when the time comes to buy the rest it will cost less,,
Nope, if this doesn't work out I will make sure to never invest in a company he's involved with,, did he end up getting his big bonus?
Yes if going private,, they have been collecting shares at a discounted price,, if this is true they will pay full price for mine
Private?
Yep and he didn't post that PR hmmmm
I would hope not, mark Judy needs to pull it together ASAP
Did they post the pr there