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Adaptive Medias, Inc. Message Board

  • cbyankows cbyankows Jan 16, 2013 5:29 PM Flag

    Can anyone summarize the Kasian conf call for CHAG

    Looking for a quick summation if anyone tuned in?

    Sentiment: Buy

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    • On CHAG, Franks basically says most people don't understand how this industry works. You have to sit on another company's board if you want to do some kind of partnership with them.

    • Same. Would appreciate it.

      • 1 Reply to macberrytm
      • He basically said it was preposterous to think he was giving or selling his PT rights to CHAG. Part of getting this deal done was he had to be a member of this new company's board Pimovi. Pimovi is going to compliment Mimvi. Under no circumstance are any of the rumors true, he's not leaving Mimvi. He talked about how they are taking market share away from companies like Google. With Facebooks announcement yesterday, it demonstrates the power of search. Things are happening very fast with search, and they are right in the middle of it. Then he went into detail about the Microsoft partnership and how they are bridging a gap for them. Many Tech Company’s run UNIX, and Apache systems, open source code is more appreciated in the industry than Microsoft. By gearing Microsoft up for the app revolution they are opening the door again for Microsoft to become more relevant among other tech companies. They will soon have a pipeline of apps for Microsoft. He talked about how Media Company’s like EM got doubled skipped over if they didn't have a web site, or now an app. They are finding additional sources of revenue they didn't know ever existed, and It's kind of like mining for precious metals. He mentioned something about Amazon's cloud not being very user friendly, but Azure is, and has the potential to be the next big thing in cloud computing. I might be missing a little, but he then went into Q&A. They have signed 5 new developer contracts. EM is going to have a spread about Mimvi in one of their upcoming magazines, and the partnership is moving forward. Not as fast as they would like, but their relationship is good. He said 3 weeks until Android release. He mentioned that they are seeing revenue from their recent partnerships. The call was very choppy, but I think he got his point across.

        I personally, loved to see management respond so quickly to false allegations today.

        Sentiment: Strong Buy

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