So two felons on the board now.
This is a scary warning. This is VERY SIMILAR to what went down at OneScreen, Inc before the acquisition. Norman Brodeur came in, Age 43, and pumped money everywhere BUT TO THOSE WHO WERE OWED IT.
Expect to see this new team milk the company for all its worth, at the expense of everybody else.
Or, another theory, we're going to hear of some small company looking to acquire AdaptiveMedia for it's technology, MediaGraph, and all assets will be transferred, but no liabilities. Watch for the creation of Adaptive Medias Merger Sub, Inc, a sneaky way to transfer assets and ditch liabilities.
And the chain of this company running from liabilities continues...
Supafli Entertainment dumps and becomes VidShadow, with Norman Brodeur pulling the strings.
VidShadow becomes OneScreen, Inc. Brodeur takes step back only to return as CEO to bring OneScreen, Inc. over to Adaptive Medias, Inc, burning clients to favor cash transfers to board members such as Gregg Templeton instead. (plus cash straight over to AdaptiveMedias)
Norman Brodeur, Age 43, which matches his felony record, takes a back seat as major stock holder, though still accepts monthly payments out of the company for his "advisory" role.
Norman Brodeur returns.... And, judging by his record, this is not going to be good. His record suggests that people are getting screwed. But maybe he's turned over a new leaf? Should find out soon.
