Adaptive Medias Inc (fka ADTM)

[3Angels120702]

well, the company hasn't filed any fins for quite a while. the last ones in 2016 showed converts payable of over $500k. where that stands now I don't know. the company in 2016 (august) lists just $176k in revenues but that was based on something like 100 mil shares out. if you take it for granted that there are 900 million shares out then at .0018 you'd have a market cap of over $1.6 million or about 9 times revenues. so imagine what the numbers are for higher price "targets". not that you can do a lot of fundy analysis on these once the hype gets a little bit of legitimacy. but it is at least a reasonable view given what we know. i like that they're trying to get current. the last time i saw a pinky go current it was to allow the conversion of a boatload of notes. at a 40% discount to current price you're talking a conversion of $.0003 so to convert $500k worth of notes at once you'd need 1.7 billion shares, which is why if nothing has happened to the share structure since august of last year (a split for example) the 200 mil AS figure quoted in NV site makes no sense. interested to see how it plays out. :)