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Adaptive Media, Formerly Mimvi, to Report Third Quarter Financial Results by November 19, 2013
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Mimvi, Inc. (QB) (OTCBB:MIMV)
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Today : Thursday 14 November 2013
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Adaptive Media, Formerly Mimvi, to Report Third Quarter Financial Results by November 19, 2013
Company Expects to Announce Q3 Revenue Growth of Nearly 14x Q2 Numbers
IRVINE, CA--(Marketwired - Nov 14, 2013) - Multi-channel audience and content monetization company, Adaptive Medias, Inc. (OTCQB: MIMV), a leader in programmatic advertising across mobile, video and online display, today announced it intends to release its financial report for the 2013 third quarter on or before November 19, 2013. The Company filed a Form 12b-25 with the U.S. Securities and Exchange Commission (SEC) requesting a 5-day extension.
The Company has assembled the necessary information for the preparation and submission of its September Form 10-Q Quarterly Report, and is awaiting final approval of its ticker symbol change from FINRA. The name change is official with the State of Nevada.
"Our Q3 results show undeniable progress," said Qayed Shareef, CEO. "Without getting into specifics, our top-line revenues were nearly 14x the $27k reported in the 2nd Quarter. It's important to me that we release these financial results under our new company name, Adaptive Medias, Inc. Now, we are simply waiting on FINRA to green-light the updates."
Adaptive Media, through its core content monetization platform and technology, provides app developers, publishers and video content developers one of the only end-to-end monetization platforms driven by programmatic algorithms. The company provides these unique capabilities to monetize content efficiently across multiple marketing channels, including mobile, video and online display advertising.
"We look forward to releasing our results next week," Shareef added. "Investors should be very pleased with the progress we've made over the past four-and-a-half months."]
