Media

Park West Asset Management Picked Up Internap Corp (NASDAQ:INAP) Shares

Park West Asset Management Picked Up Internap Corp (NASDAQ:INAP) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Internap Corp (NASDAQ:INAP) reported that Park West Asset Management has picked up 3,399,137 of common stock as of 2017-02-21.

The acquisition brings the aggregate amount owned by Park West Asset Management to a total of 3,399,137 representing a 5.8% stake in the company.

For those not familiar with the company, Internap Corporation, formerly InterNAP Network Services Corporation, provides Internet infrastructure services. The Company operates through two segments: Data Center Services segment and Internet Protocol Services segment. It offers hybrid Internet infrastructure services, which enables customers to mix and match cloud, hosting and colocation for the combination of services. It also offers availability across a global network of data centers, and services backed by service level agreements (SLAs). The Company serves approximately 11,000 customers in various industries, including software and Internet; media and entertainment; business services; healthcare technology infrastructure, and telecommunications. Its Data Center Services segment includes colocation, hosting and cloud services. IP Services segment includes its performance IP service, content delivery network (CDN) services, IP routing hardware and software platform, and Managed Internet Route Optimizer Controller.

A glance at Internap Corp (NASDAQ:INAP)’s key stats reveals a current market capitalization of 106.60 million based on 58.25 million shares outstanding and a price at last close of $1.81 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-09-14, Stanzione picked up 50,000 at a purchase price of $1.93. This brings their total holding to 193,536 as of the date of the filing.

On the sell side, the most recent transaction saw Gamco unload 3000 shares at a sale price of $1.92. This brings their total holding to 40,000.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Internap Corp (NASDAQ:INAP) as things move forward to see if its progress aligns with these transactions.

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Here’s Who Just Picked Up Nexstar Media Group Inc. (NASDAQ:NXST) Shares

Here’s Who Just Picked Up Nexstar Media Group Inc. (NASDAQ:NXST) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Nexstar Media Group Inc. (NASDAQ:NXST) reported that Park West Asset Management has picked up 1,174,927of common stock as of 2017-02-21.

The acquisition brings the aggregate amount owned by Park West Asset Management to a total of 1,174,927 representing a 3.8% stake in the company.

For those not familiar with the company, Nexstar Media Group, Inc., formerly Nexstar Broadcasting Group, Inc., is a television broadcasting and digital media company. The Company is focused on the acquisition, development and operation of television stations and interactive community Websites in medium-sized markets in the United States. The Company’s segments include Broadcasting and Other. The Company’s broadcast segment includes television stations and related community focused Websites that it owns, operates, programs or provides sales and other services to in various markets across the United States. The stations the Company owns and operates or provides services to provide free over-the-air programming to its markets’ television viewing audiences. The programming includes programs produced by networks with which the stations are affiliated; programs that the stations produce, and first-run and rerun syndicated programs that the stations acquire.

A glance at Nexstar Media Group Inc. (NASDAQ:NXST)’s key stats reveals a current market capitalization of 2.06 billion based on 30.70 million shares outstanding and a price at last close of $67.35 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-02-29, Carter picked up 1,000 at a purchase price of $44.55. This brings their total holding to 65,947 as of the date of the filing.

On the sell side, the most recent transaction saw Sook unload 10,725 shares at a sale price of $62.26. This brings their total holding to 990,231.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Nexstar Media Group Inc. (NASDAQ:NXST) as things move forward to see if its progress aligns with these transactions.

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Why Sycamore Entertainment Group Inc (OTCMKTS:SEGI) Shares Slumped

Why Sycamore Entertainment Group Inc (OTCMKTS:SEGI) Shares Slumped

Sycamore Entertainment Group Inc (OTCMKTS:SEGI) shares dropped 42.86% to $0.00040 and were unchanged in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.00. The company has a market cap of $971K at 1.39 billion shares outstanding.

Sycamore Entertainment Group Inc is an independent film marketing and distribution company that specializes in the acquisition, distribution and development of marketing campaigns. It focuses on participating in various other streams related to filmed entertainment content distribution, as well as various other activities related to funding the print and advertising of acquired feature films. Its film marketing and distribution operations include film acquisitions, publicity, print advertising, billboard advertising, film distribution and online marketing.

The company also offers services, including acquiring films; publicity and public relations, and online content writing and search engine optimization services. It provides distribution services for release commercial films. It represents independent film companies that create domestic and foreign feature films. Its operations include Film Library Development, Distribution, Print and Advertising Fund, and Production.

Just last week, Sycamore Entertainment Group announced that it has executed a “film rights purchase agreement” with top Hollywood producers.

We are excited to be working some of the best talents in Hollywood,” says Edward Sylvan, CEO of Sycamore Entertainment Group. “Our arrangement with LDJ Capital called for us to bring ‘best in class’ projects to the table, I feel we are accomplishing these objectives. We are looking forward to the time when we are able discuss the project in more detail. With the working capital in hand we are in the best position to increase shareholder value by spending on corporate marketing and executing on our lineup of film and TV projects.”

This contributed to more than 70% gains in Sycamore Entertainment Group shares at the start of the week but more than half of this was given back when it announced a self-imposed share issuance lockout.

The lack of trust in OTC issuers by Penny Stock traders has been a major roadblock to issuers when trying to raise the necessary working capital needed to grow their business. Sycamore is taking a first step in restoring that trust with its shareholders,” the company statement indicated. “Effective immediately, we will apply a self-imposed share structure lockout for a minimum of 60 days. During that time, there will be no issuances of new shares, nor will there be any increase to the authorized share capital. It is my opinion, that the current issued and outstanding is ideal to encourage liquidity and allows investors of all sizes to participate in our market.”

In effect, Sycamore Entertainment Group will not be engaging in any reverse split at any time whatsoever in order to provide traders and investors with the confidence that they can participate in the market and not have the share value be eroded due to unnecessary dilution.

We would like to send a message loud and clear that we support the trading and investing community and that we share common goals. The sooner that we can align our interests the faster we can move the company ahead. The new laws allow us to take the power away from dilutive financing options and places it back into the hands of the traders and shareholders who continue to support what we do,” it concluded.

DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.

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Eidelman Virant Capital Picked Up Harte Hanks Inc. (NYSE:HHS) Shares

Eidelman Virant Capital Picked Up Harte Hanks Inc. (NYSE:HHS) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Harte Hanks Inc. (NYSE:HHS) reported that Eidelman Virant Capital has picked up 3,576,600 of common stock as of 2017-02-13.

The acquisition brings the aggregate amount owned by Eidelman Virant Capital to a total of 3,576,600 representing a 5.81% stake in the company.

For those not familiar with the company, Harte Hanks, Inc. (Harte Hanks) is a multi-channel marketing company. The Company’s Customer Interaction business offers a range of marketing services, in media from direct mail to e-mail, including agency and digital services; database marketing solutions and business-to-business lead generation; direct mail, and contact centers. Its agency services are customer engagement agencies specializing in direct and digital communications for both consumer and business-to-business markets. The Company’s digital solutions integrate online services within the marketing mix and include search engine management, display, digital analytics, Website development and design, digital strategy, social media, e-mail, e-commerce and interactive relationship management and a range of other services that support its core businesses.

A glance at Harte Hanks Inc. (NYSE:HHS)’s key stats reveals a current market capitalization of 99.18 million based on 61.60 million shares outstanding and a price at last close of $1.62 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-12-15, Puckett picked up 37,100 at a purchase price of $1.48. This brings their total holding to 461,656 as of the date of the filing.

On the sell side, the most recent transaction saw Huff unload 7,500 shares at a sale price of $8.06. This brings their total holding to 19,541.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Harte Hanks Inc. (NYSE:HHS) as things move forward to see if its progress aligns with these transactions.

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Graber Mark A. Picked Up Destiny Media Technologies Inc. (OTCMKTS:DSNY) Shares

Graber Mark A. Picked Up Destiny Media Technologies Inc. (OTCMKTS:DSNY) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Destiny Media Technologies Inc. (OTCMKTS:DSNY) reported that Graber Mark A has picked up 5,451,978 of common stock as of 2017-02-01.

The acquisition brings the aggregate amount owned by Graber Mark A to a total of 5,451,978 representing a 9.8% stake in the company.

For those not familiar with the company, Destiny Media Technologies, Inc. develops and markets services that enable the secure distribution of digital media content over the Internet. The Company’s services are based around security, watermarking and instant play streaming media technologies. The Company’s products and services include Clipstream Online Video Platform (OVP), Clipstream Online Video Platform and Play MPE. The Clipstream Online Video Platform is a self-service system for encoding, hosting and reporting on video playback, which can be embedded in third-party Websites or e-mails. With the JavaScript codec approach, the Company offers various features, such as security, interactivity and proofing of content. Play MPE is a digital delivery service for moving broadcast audio, video, images, promotional information and other digital content securely through the Internet.

A glance at Destiny Media Technologies Inc. (OTCMKTS:DSNY)’s key stats reveals a current market capitalization of 18.65 Million based on 55.01 million shares outstanding and a price at last close of $0.204 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2014-06-13, Kolic picked up 28,701 at a purchase price of $0.96. This brings their total holding to 318,373 as of the date of the filing.

On the sell side, the most recent transaction saw Vandenberg unload 1,500 shares at a sale price of $1.23. This brings their total holding to 715,901.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Destiny Media Technologies Inc. (OTCMKTS:DSNY) as things move forward to see if its progress aligns with these transactions.

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Epperson Stuart W. is Buying Salem Media Group Inc. (NASDAQ:SALM) Shares

Epperson Stuart W. is Buying Salem Media Group Inc. (NASDAQ:SALM) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Salem Media Group Inc. (NASDAQ:SALM) reported that Epperson Stuart W. has picked up 3,789,824 of common stock as of 2017-02-08.

The acquisition brings the aggregate amount owned by Epperson Stuart W. to a total of 3,789,824 representing a 18.70% stake in the company.

For those not familiar with the company, Salem Media Group, Inc., formerly Salem Communications Corporation, is a multi-media company specializing in Christian and Conservative content, with media properties consisting of radio broadcasting, digital media, and book, magazine and newsletter publishing. The Company operates through three segments: Broadcast, Digital Media and Publishing. The Company’s broadcasting segment is engaged in the ownership and operation of radio stations in metropolitan markets. The Company’s radio stations carry national and local programming content, as well as national and local advertisers. The Company’s Digital Media segment focuses on Web-based platform designed for audiences interested in Christian and family-themed content and conservative news. The Company’s publishing segment consists of Regnery Publishing, Xulon Press and Salem Publishing. The Company owns and operates approximately 116 radio stations in over 40 markets.

A glance at Salem Media Group Inc. (NASDAQ:SALM)’s key stats reveals a current market capitalization of 162.71 million based on 20.27 million shares outstanding and a price at last close of $6.35 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-05-19, Halvorson picked up 1,792 at a purchase price of $6.51. This brings their total holding to 8,000 as of the date of the filing.

On the sell side, the most recent transaction saw Santrella unload 827 shares at a sale price of $8.03. This brings their total holding to 6,720.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Salem Media Group Inc. (NASDAQ:SALM) as things move forward to see if its progress aligns with these transactions.

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Metatron Inc (OTCMKTS:MRNJD) Announces Reverse Stock Split

Metatron Inc (OTCMKTS:MRNJD) Announces Reverse Stock Split

Metatron Inc (OTCMKTS:MRNJD) shares surged 4,800% to $0.00490 and were flat in after-hours trading after the company announced a 1-for-78 reverse stock split. Share prices have been trading in a 52-week range of $0.00 to $0.12.

Metatron Inc is a digital content distribution and mobile application company. It is a digital content aggregator and distributor of downloadable content applications, available in internet stores. It also provides consulting services in the areas of web development, mobile software, online marketing, pay-per-click management, search engine optimization services and corporate strategy to its content generator clients and Internet-based businesses.

Aside from that, the company also provides Internet professional services which include strategic planning, web site content development, graphic design and computer programming. Its strategic services include concept creation, service selection, and campaign strategy; detailed reports and market insights; strategic direction based on market research, and strategic competition campaign analysis. It assists its clients in producing digital content and designing websites.

Metatron Inc a reverse stock split of its common stock, par value $0.00001 per share at a ratio of 1-for-78. The reverse stock split is effective immediately prior to the market opening on February 1, 2017 and the stock will be trading under the symbol of MRNJD for a period of 20 days, after which the “D” will be removed and the Company’s symbol will revert to the original symbol of “MRNJ.” This move was approved by the Company’s Board of Directors, as well as one of the company’s stockholders holding a majority of the issued and outstanding voting capital stock of the company.

In the same press release, Metatron Inc announced a strategic move by i-Mobilize into the areas of mobile encryption, and Virtual Reality for its mobile development business. With this, it will embark on re-branding Metatron mobile development business in the specific areas of mobile encryption and security, and applications for the growing market in virtual reality. The company will focus on a couple of dynamic concepts within the mobile market, and will look to reduce or shelve other projects to the back burner so as to keep our core focus on these market segments to better execute our projects to market.

A big mistake companies make these days is they spread their focus over to many projects sometimes, where it is more productive to sharpen their focus on a couple core projects within their industry, and then execute on these new concepts to market. The areas of security, or mobile encryption, and the rapid growth of virtual and augmented reality are forecasted to be the next exciting trends in the mobile application and development industry, and Metatron, Inc. plans to become a player within this area. This re-branding, or reboot of Metatron business focus, will not just be in the areas of mobile development, but also in our corporate image, and areas of how we fund the company going forward so as to keep the shareholders best interest a key focus of the Board of Directors,” said Metatron Inc CEO John Riehl.

DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.

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Here’s Who Just Picked Up Genius Brands International Inc. (NASDAQ:GNUS) Shares

Here’s Who Just Picked Up Genius Brands International Inc. (NASDAQ:GNUS) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Genius Brands International Inc. (NASDAQ:GNUS) reported that Sony Corp has picked up 301,231 of common stock as of 2017-01-19.

The acquisition brings the aggregate amount owned by Sony Corp to a total of 301,231 representing a 7.0% stake in the company.

For those not familiar with the company, Genius Brands International, Inc. is a content and brand management company. The Company provides entertaining and enriching content and products with a purpose for toddlers to tweens. The Company produces original content and licenses the rights to that content to a range of partners. Its licensees include companies to which the audio-visual rights are licensed for exhibition in various formats, such as Pay Television, Free or Broadcast Television, video-on-demand (VOD), subscription on demand (SVOD) and digital video discs/compact discs (DVDs/CDs), and companies that develop and distribute products based on its content within different product categories, such as toys, electronics, publishing, home goods, stationary and gifts.

A glance at Genius Brands International Inc. (NASDAQ:GNUS)’s key stats reveals a current market capitalization of 20.09 million based on 3.99 million shares outstanding and a price at last close of $5.00 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-11-16, Payne picked up 250 at a purchase price of $1.00. This brings their total holding to 250 as of the date of the filing.

 

On the sell side, the most recent transaction saw Balaban unload 312,500 shares at a sale price of $0.08. This brings their total holding to 10,421,424.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Genius Brands International Inc. (NASDAQ:GNUS) as things move forward to see if its progress aligns with these transactions.

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