Company Overview of Ads In Motion, Inc.
Ads In Motion, Inc. engages in the design, manufacture, marketing, and distribution of disposable and reusable work-related gloves, and related household products under the Magla brand in the United States and Canada. The company’s products are used by various end users, including tradesman, do-it-yourself users, gardeners, cleaning services, and household members. It also offers a line of reusable wipes and cloths. The company serves retailers in the United States, including big box home centers, membership-only retail warehouse clubs, discount retailers, supermarkets, hardware stores, retail pharmacy stores, and other classes of retail trade. It distributes its products directly to its ret...
159 South Street
Morristown, NJ 07960
Key Executives for Ads In Motion, Inc.
Chairman, Chief Executive Officer and President
Chief Financial Officer and Vice President
Compensation as of Fiscal Year 2015.
Ads In Motion, Inc. Key Developments
SEC Orders Hearings On Registration Suspension Or Revocation Against Ads In Motion For Failure To Make Required Periodic Filings
Feb 20 14
Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of Ads In Motion, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.
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