ed2000 ... Well, I for one ...
am glad that Facebook didn't acquire Adaptive even for $500 million, and who's to say that ADTM management wasn't approached by Facebook and turned the down same offer ? I'm betting that Adaptive will be listed on the NASDAQ later this year when the Company can show everyone just how far this start-up has come in less than two years from its inception. Also, I strongly believe that all of the Company's employees and high profile additions to the ADTM team would prefer an up listing ... after all, a good share of their compensation is likely tied up stock options, just like management, and I can't help but believe that all of them are looking for the opportunity to exercise them and thus derive a very hansom profit upon the sale all the shares they receive. That's just the way I see it, and I suspect others view it quite differently.
I also think Adaptive will fair well against competitors who can't offer one-stop shopping at a lower cost than just about anyone else. Obviously, ADTM won't get all of the customers out there, but all they need is a fair share of the multi-billion dollar ad serving and content management business to generate significant revenues and ultimately profits.
I don't think that the stock is seriously broken at all. It's a fact that for many OTC shareholders all the waiting apparently just becomes intolerable and, I guess, are more than willing to sell their shares even at so low a price as we've been experiencing lately. The lower volumes, to me, represent exactly what I believe is happening ... certainly, this doesn't indicate any major sell off, and who in the world is making any real money here ? I'm sure that these shareholders have their own reasons for selling, and I'm thinking there are many buyers who are just delighted to buy and ACCUMULATE shares at these, what I consider to be, bargain basement prices. Furthermore, I highly doubt that management is even paying attention to the daily share price, and they have a lot more to lose than any of us.
GLTY