Kernel (digital media company)

Motorsport Games Regains Full Compliance With Nasdaq Listing Rules

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火曜日, 1月 31, 2023
SEMA, MBA, University, Ecosystem, Epsilon, PC game, MMO, Motorsport, SVKM's NMIMS, GREE, Mastertronic Group, Programmatic Commerce, EGL, 2019 FIA Motorsport Games Digital Cup, Microsoft, Video, Head, Software as a service, Commercial, Partner, Vavel, Corporate title, NAV, McKinsey & Company, Kellogg School, GameWeek Magazine, Torstar, CRM, General counsel, Codemasters, Kernel (digital media company), BA, Private equity, CFO, Pinsent Masons, Video game, Northwestern University, Pomona College

MIAMI, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “Company”) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today that it has received notice from the Nasdaq Stock Market LLC (Nasdaq) on January 30, 2023 informing Motorsport Games that it has regained full compliance with the Nasdaq Listing Rules.

Key Points: 
  • MIAMI, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “Company”) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today that it has received notice from the Nasdaq Stock Market LLC (Nasdaq) on January 30, 2023 informing Motorsport Games that it has regained full compliance with the Nasdaq Listing Rules.
  • Motorsport Games previously notified Nasdaq on November 11, 2022 that it was no longer in compliance with Nasdaq Listing Rule 5550(a)(4) requiring minimum of 500,000 publicly held shares, as defined in the Nasdaq Listing Rules, and (ii) Nasdaq Listing Rule 5605(b)(1), which requires a majority of the Company’s board of directors (the “Board”) to be comprised of independent directors as defined in Rule 5605(a)(2), and Nasdaq Listing Rule 5605(c)(2), which requires the audit committee of the Board to consist of at least 3 independent directors meeting the heightened independence standards for audit committee members.
  • Following a further period practicing law as Co-Head of Interactive Entertainment for Osborne Clarke and, subsequently, as Head of Computer Games for Wiggin, Nav worked with Japanese games company GREE.
  • Nav's long career in the video games industry has included extensively being involved with legal and business issues relating to racing games.

CBMJ Posts Quarterly Report - Completes 59.7M Share Reduction

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木曜日, 11月 17, 2022
Digital media, Radio, Social media, Journalism, Marquess, CBMJ, Sale, Kernel (digital media company), Spring

Powder Springs, GA, Nov. 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire Conservative Broadcast Media and Journalism posted its quarterly report Wednesday 11/16/2022.

Key Points: 
  • Powder Springs, GA, Nov. 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire Conservative Broadcast Media and Journalism posted its quarterly report Wednesday 11/16/2022.
  • During the quarter, the company completed the sale of the e-commerce business, retired the shares and reported a loss of ($.01) per share.
  • As part of the sale, thecompany returned 59.76M shares of common stock, reducing its issued and outstanding share count to 359.4M.
  • About CBMJ: (CBMJ) Conservative Broadcast Media and Journalism is a Digital Media Company based in Metro-Atlanta that specializes in reaching a conservative/libertarian/religious audience.

CBMJ Sells E-Commerce Business for $1,247,000 and Retires 59.76 Million Shares; Increases Profitability While Reducing Operating Expenses

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月曜日, 7月 11, 2022
Journalism, Book, News, Digital media, Securities Exchange Act of 1934, Kernel (digital media company), Marquess, Radio, POWDER, Conservatism, Issue (company), DVD, Nevada corporation, OTC, CBMJ, Review, Sale, Securities Act of 1933, L.L.C, GLOBE, Coffee, Social media, Online shopping, Sales

Commenting on the transaction, CBMJ CEO Mark Schaftlein stated the following: "We are very pleased with consummating this transaction.

Key Points: 
  • Commenting on the transaction, CBMJ CEO Mark Schaftlein stated the following: "We are very pleased with consummating this transaction.
  • It also positions the company to significantly reduce operating expenses and move toward positive cash flow businesses.
  • About CBMJ: (CBMJ) Conservative Broadcast Media and Journalism is a Digital Media Company based in Metro-Atlanta that specializes in reaching a conservative/libertarian/religious audience.
  • CBMJ owns an active database of over 20 million email subscribers, and publishes the marquis monetized political/news website www.flagandcross.com .

BuzzFeed, Inc. Announces Full Year 2021 and Fourth Quarter Financial Results

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火曜日, 3月 22, 2022
Online, Entertainment, Social Media, Internet, Search Engine Optimization, Search Engine Marketing, Blogging, Technology, Publishing, Marketing, Advertising, Communications, Telecommunications, EBITDA, Budget, Company, Regulation, Time spent listening, Complex Networks, Comscore, HuffPost, Growth, Internet, GAAP, Apple News, Advertising, Editorial, Investor relations, Environment, Webcast, Obsession, CEO, U.S. Securities and Exchange Commission, Government, Kernel (digital media company), Industry, Technology, Depreciation, Securities Exchange Act of 1934, Securities Act of 1933, Disclosure, Time, COVID-19, Income, Adjustment, Regulation Fair Disclosure, Commerce, News, YouTube, TikTok, Content, Food, Acquisition, Security (finance), Video game, Cryptocurrency, Marketing, Bookkeeping, Nasdaq, BuzzFeed, Facebook, Instagram

And we are confident in our ability to lead the industry forward as we execute against our long-term growth plans.

Key Points: 
  • And we are confident in our ability to lead the industry forward as we execute against our long-term growth plans.
  • Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.
  • BuzzFeeds management team will hold a conference call to discuss our 2021 full year and fourth quarter results today, March 22, at 8:30 am ET.
  • Reconciliations of non-GAAP financial measures to the most directly comparable financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data.