236T568 ... Well, do you ...
"these are the same Adsupply people that falsely claimed in a formal legal document that their revenues were $45 million and now it appears that they are at the $18.5 million level and UNAUDITED."
really think they would consummate a merger based on UNAUDITED statements ?? Only someone that doesn't know what they're doing would do a deal without AUDITED statements. By the way, I'm pretty sure that Mr. Strong indicated that AdSupply's fiscal statement has already been audited.
GEESH
Also,
"the same Strong that is CEO of a company, ADTM, that has booked fake revenues as witnessed by the write-off of a whopping $1.4 million in Accounts Receivable when the revenues are barely at the $4.7 million per year level."
Adaptive did NOT write off $1.4 million in accounts receivable, they merely upped their ALLOWANCE FOR DOUBTFUL ACCOUNTS ... big difference !! You've had trouble in the past with this same concept.
GEESH
Well,
"the consolidated financials of the combined ADTM/AdSupply entity will NOT be part of the March 31, 2016 10Q. ... because the merger has not been closed yet
no one said they'd be a part of the 10-Q ... have you ever heard of a pro-forma statement before ??? That will be a valuable piece of evidence reflecting the potential of the combined companies to show potential investors, plus when it is made public, I suspect the share price will make a nice big jump from where it is today !!
GEESH
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