Adaptive Media, Formerly Mimvi, to Report Third Quarter Financial Results by November 19, 2013
November 14 2013 - 4:30PM
Marketwired
Adaptive Media, Formerly Mimvi, to Report Third Quarter Financial
Results by November 19, 2013
Company Expects to Announce Q3 Revenue Growth of Nearly 14x Q2
Numbers
IRVINE, CA--(Marketwired - Nov 14, 2013) - Multi-channel
audience and content monetization company, Adaptive Medias, Inc.
(OTCQB: MIMV), a leader in programmatic advertising across mobile,
video and online display, today announced it intends to release its
financial report for the 2013 third quarter on or before November
19, 2013. The Company filed a Form 12b-25 with the U.S. Securities
and Exchange Commission (SEC) requesting a 5-day extension.
The Company has assembled the necessary information for the
preparation and submission of its September Form 10-Q Quarterly
Report, and is awaiting final approval of its ticker symbol change
from FINRA. The name change is official with the State of
Nevada.
"Our Q3 results show undeniable progress," said Qayed Shareef,
CEO. "Without getting into specifics, our top-line revenues were
nearly 14x the $27k reported in the 2nd Quarter. It's important to
me that we release these financial results under our new company
name, Adaptive Medias, Inc. Now, we are simply waiting on FINRA to
green-light the updates."
Adaptive Media, through its core content monetization platform
and technology, provides app developers, publishers and video
content developers one of the only end-to-end monetization
platforms driven by programmatic algorithms. The company provides
these unique capabilities to monetize content efficiently across
multiple marketing channels, including mobile, video and online
display advertising.
"We look forward to releasing our results next week," Shareef
added. "Investors should be very pleased with the progress we've
made over the past four-and-a-half months."
ABOUT ADAPTIVE MEDIA
Adaptive Media is a programmatic audience and content
monetization company for website owners, app developers and video
publishers who want to more effectively optimize content through
advertising. The company provides a foundation for publishers and
developers looking to engage brand advertisers through a
multi-channel approach that delivers integrated, engaging and
impactful ads across multiple devices. Adaptive Media meets the
needs of its publishers with an emphasis on maintaining user
experience, while delivering timely and relevant ads through its
multi-channel ad delivery and content platform.
For more information, please visit: www.adaptivem.com. Follow us
on Twitter at @adaptive_m.
Safe Harbor Statement: This Press Release may contain certain
forward-looking statements within the meaning of the Securities
Litigation Reform Act of 1995. Adaptive Medias, Inc. has tried,
whenever possible, to identify these forward-looking statements
using words such as "anticipates," "believes," "estimates,"
"expects," "plans," "intends," "potential" and similar expressions.
These statements reflect Adaptive Media's current beliefs and are
based on information currently available to it. Accordingly, such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which could cause Adaptive Media's
actual results, performance or achievements to differ materially
from those expressed in or implied by such statements. Adaptive
Media undertakes no obligation to update or provide advice in the
event of any change, addition or alteration to the information
contained in this Press Release including such forward-looking
statements.
Adaptive Media Investor
Contact: Mike Sprouse President & CEO Sprouse Marketing
Group Email: mike@sprousemarketing.com Adaptive Media Investor
Contact: Kevin Fickle President Nuwa Group LLC Phone: (925)
330-8315 Email: kevin@nuwagroup.com
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