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Replies to post #65285 on Fuse Science Inc (DROP)
crossball
12/09/13 4:03 PM
#65287 RE: BeDub #65285
wexahu
12/09/13 4:12 PM
#65289 RE: BeDub #65285
StockdungU
12/09/13 4:24 PM
#65291 RE: BeDub #65285
Adler says he led his previous company Ultimate Social Network Inc. (USNI) to an IPO and says it was “one of the first social networking companies to go public.” USNI doesn’t have a single mention in Techcrunch that I could find and their signature web property ultimatecollegemodel.com is parked and for sale on GoDaddy. When I asked Adler about USNI, he didn’t seem to know much about it these days or what the company was up to. Here’s where it gets a little technical and I get even more perplexed. Adler explains how his second company Fuse Science went public. After doing some post interview research, it turns out that Double Eagle Holdings, the company that is now Fuse Science, actually bought USNI, Adler’s first company he IPO’d. This would mean through this complex trail of mergers and acquisitions, Adler is CEO of the company that acquired his previous company. Why wouldn’t he know anything about USNI, if he is CEO?