Replies to post #10 on Remark Media Inc (MARK)

[mackwheaton]

It would seem that the CEO is bracing for some kind of move by all the stock he's been accumulating. The Sharecare piece is worth a substantial piece, IF, they do take it to an IPO. The other pieces need to be monetized and I am not sure how that is going, there is so little being released so far. But with the thin volume if you can get shares at a level you are comfortable with its a nice speculative play, and anytime a CEO is buying like this guy has there must be something in the wind.

[mackwheaton]

Since last week, they have added a new board member, a lifelong Vegas casino exec, they have leased 10,000 sq ft of prime office space in Las Vegas and will launch bikini.com on Memorial Day, which appears to be their new travel site. They are paying 20000 per month for the Vegas lease.

Something big is in the works, you simply do not spend this kind of cash unless you are about to become flush with cash, or you know your business is about to change dramatically.