Adaptive Medias Inc (fka ADTM)

[jwayne72]

i HAD to try to get the bottom of this. i was confused by all the stuff i was reading and i think i get it now. it's nice to know a bit or two about all this ad stuff from my days at a big media company. after watching that wolf of wall street movie in the theaters, I wanted to figure this out.

so firstly, if this guy norman is the new CEO, it seems like he is just the investor or something who took over to try to sell this for the stock market promise land! http://www.corporationwiki.com/Florida/Plantation/norman-brodeur-P495160.aspx but he's also partner of this firm: http://www.williamnicholsinc.com/portfolio.

it also looks like onescreen, even though it's on the PK, stopped reporting in 2009. on here, everything went hush hush in 2009 http://investorshub.advfn.com/boards/board.aspx?board_id=14474 and on the otc site:

when this Patel guy took over and "founded" the company as onescreen, it was by transforming an old business vidshadow:
http://www.marketwired.com/press-release/vidshadow-inc-changes-name-onescreen-inc-announces-effective-time-previously-announced-1239179.htm

in this vidshadow s-1, i see that patel was the CTO and consultant. and what do you know -- in the S-1 it brings up norman: Additionally, Norman Brodeur (as the control person of both Vidshadow Partners, Inc. and VSP Partners, Inc. and through his individual holdings) beneficially owns 66.5% of our outstanding shares of common stock and will continue to own or control approximately 61.3% of our outstanding shares of common stock following the completion of this offering.

but since this patel guy recreated the company as onescreen, it was an inc 500 company 3 years, deloitte fast 105, great place to work. then this article came out http://www.adweek.com/news/technology/questionable-traffic-seems-follow-video-company-everywhere-154567 but patel was already gone (in the article he corrects it and says he was terminated). i think this traffic thing is everyone's problem...not some active fraud.

i don't really see how it was a mess if this bot thing is everyone's problem. and its trying to be solved by some of the most scientific people at microsoft (take a look at this story http://online.wsj.com/article/PR-CO-20131205-911544.html) then how is this new "management" going to solve any of this. it's impressive if they do.

so, i must say, after watching Wofl of Wall St, i think that this is all just a big otc pink sheets thing. maybe that's why they got patel out, because it doesn't seem like he was into the PK thing otherwise they would have done press releases and filings. but instead all the press is about their vision. this patel guy seems to have started other things and some have exited.

qayed shareef is from Traffic marketplace or Epic or whatever. http://www.linkedin.com/in/qayed In this article http://performinsider.com/2012/06/how-epic-media-group-fucked-affiliates/ it says "Epic Media Group aka Connexus aka TrafficMarketPlace fka Azooogle is out of business and is basically refusing to pay affiliates".

And, here http://www.yatedo.com/p/Qayed+Shareef/normal/7d9f25036341a473af79dd1535328d91 it says this qayed guy was the co-founder of Ember!? And then he "acquired" it. i'm sure that'll be cleared up in the 10K.

let's just hope this isn't something more messy underneath. what happens to onescreen will be important to watch, since according to Inc, it did $15.8m in revenue in 2012. so it's strange that a tiny company adaptive is "buying" this bigger company onescreen and this norman guy is now the ceo so they can close this deal with adaptive -- it seems like williamnicohlsinc is involved in both anyway. that adweek article even said "The two companies had common investors. Adaptive Medias CEO, Qayed Shareef, is now running OneScreen."

regardless, i guess every thing should get a fair chance. so let's see how things go. it's just awfully confusing.