Last $0.03 USD
Change Today +0.0008 / 2.62%
Volume 119.3K
IMDC On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).

in media corp (IMDC) Key Developments

In Media Corporation Announces Board Changes

In Media Corporation announced that on October 21, 2014, Fred Wilson resigned as a member of the Board of Directors. On October 22, 2014, Nitin Karnik resigned as an executive officer and as a member of the Board of Directors and Fred Wilson resigned as a member of the Board of Directors. On October 21, 2014, Howard J. Hayes and Michael Harper were appointed to serve as members of Board of Directors to serve until the next annual meeting, his earlier resignation or death. Mr. Hayes, since May 2012, has been the President and Chief Executive Officer of Hip Appeal Inc., a California Corporation. Mr. Harper is the Chief Operating Officer of Hip Appeal Inc.

In Media Corporation announced delayed 10-Q filing

On 08/14/2014, In Media Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

In Media Corporation Announces Management Changes

The recent change in directors prompted the Board of Directors of In Media Corporation to critically review all areas in which the company could reduce its operating expenses and resulted in the decision to terminate the employment of Mr. Simon Westbrook as Chief Financial Officer (Principal Accounting Officer) (CFO) effective April 23, 2014. The position of CFO will be held by Mr. Nitin Karnik alongside his position as Chief Executive Officer.

In Media Corporation Appoints Fred Wilson as Member of Board of Director

On March 31, 2014, Fred Wilson was appointed to serve as a member of Board of Directors of In Media Corporation, to serve until the next annual meeting. Wilson was Chief Executive Officer of U.S. Business Finance Inc.

In Media Corporation announced delayed annual 10-K filing

On 03/31/2014, In Media Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.

 

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Valuation IMDC Industry Range
Price/Earnings 2.0x
Price/Sales -- Not Meaningful
Price/Book 52.4x
Price/Cash Flow 2.1x
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