Replies to post #22608 on Adaptive Medias Inc (fka ADTM)

[Rockfish22]

“It’s weird, almost like they are trying to drive the price down. Very strange.“ Really?

Aside from knowing where Jimmy Hoffa is buried, here’s my conspiracy theory of the day…

Check the terms of the loan to an “outside investor” who forked over $55K cash on Feb 24. Based on the 60% conversion terms, he could convert the $55K note to >20M shares based on today’s $.02 price. And what if the “outside investor” actually holds the other $1M worth of notes of toxic debt issued in Feb that were negotiated by a desperate and naïve CEO? And what if those notes were paid for by selling 2.7M shares at $.50 in the weeks before, meaning the $1M worth of notes were merely funded with house money? I mean, really, ya gotta make lemonade out of lemons after all.

So, if you're an "outside investor" you rub your hands together and wait for the ugly 10Q to become public, drop 500K shares @.08 triggering a selloff, buy back all day long @.03 and ultimately end up with a ridiculous conversion price for the debt. That could mean owning 95% of a synergistic technology to AdSupply and having a shell company that you know Brunell really, really wants enough to re-negotiate for, bad debts and all… and owning a company that may grow exponentially beyond the projected $18M at year end. Omar’s already outlived his part and I see Strong as having been a generous facilitator.

And that might be the good news. Now… where’s Elvis?

[Doctruth]

Could be trying to consolidate outstanding shares into a few hands so then they can pay for a viral marketing campaign and be sure the majority of people still in the stock will go along and not sell too early into the campaign.
This would then make sense. Perhaps they shot for a bad quarter so they could gather up all the stray shares, then they can let them go into the marketing campaign......
Just a thought.......

The Doctor