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Last $1.28 USD
Change Today 0.00 / 0.00%
Volume 3.2K
COOL On Other Exchanges
COOL is not on other exchanges.
As of 12:25 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

majesco entertainment co (COOL) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/21/15 - $2.37
52 Week Low
12/17/14 - $0.55
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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majesco entertainment co (COOL) Details

Majesco Entertainment Company develops, publishes, and distributes video game products primarily for casual-game consumers worldwide. The company publishes video games for various interactive entertainment hardware platforms, including Nintendo’s DS, DSi, 3DS, Wii and WiiU, Sony’s PlayStation 3, Microsoft’s Xbox 360 and Xbox One, and the personal computers. It also publishes games for various digital platforms consisting of Xbox Live Arcade and PlayStation Network; mobile platforms, such as the iOS and Android phones; and online platforms, including Facebook and Steam. The company sells its products primarily to large retail chains, specialty retail stores, video game rental outlets, and distributors. Majesco Entertainment Company was founded in 1998 and is based in Edison, New Jersey.

23 Employees
Last Reported Date: 01/29/15
Founded in 1998

majesco entertainment co (COOL) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

majesco entertainment co (COOL) Key Developments

Majesco Appoints Robert P. Restrepo as Member of the Board

On August 20, 2015, the Board of Directors of Majesco appointed Robert P. Restrepo, Jr. as a member of the Board, effective immediately. Mr. Restrepo will serve for a term expiring at the next annual meeting of stockholders in 2016. Mr. Restrepo was also appointed to serve on the Audit Committee of the Board. Since 2006, Mr. Restrepo, 65, has served as the Chairman of the Board of State Auto Financial Corporation, State Auto Property & Casualty Insurance Company and Milbank Insurance Company, each a wholly owned subsidiary of State Auto Financial Corporation, and of State Automobile Mutual Insurance Company, and from 2006 until May 2015, Mr. Restrepo served as the President and Chief Executive Officer of such companies. During his career, Mr. Restrepo has held executive roles at Aetna Life & Casualty Company, Travelers Property and Casualty, The Hanover Insurance Group Inc. and Main Street America Group.

Majesco Entertainment Company Not In Compliance With Nasdaq Listing Rule

On July 31, 2015, Majesco Entertainment Company notified the Nasdaq Stock Market (Nasdaq) that, as a result of the resignation of Mr. Trent Davis as a member of its board of directors, it is no longer in compliance with the continued listing requirements for the Nasdaq Capital Market continued in Nasdaq listing rule 5605(c)(2)(A) which requires that the company maintain an Audit Committee of 3 members, all of whom must be independent. The notification does not impact the company’s listing on the Nasdaq Capital Market at this time. Pursuant to Nasdaq listing rule 5605(c)(4)(B) the company has until the next annual shareholders meeting to regain compliance with Nasdaq Listing Rule 5605(c)(2)(A). The company intends to undertake a search for a third independent director to fill Mr. Davis' position within the time period permitted under Nasdaq Listing Rule 5605(c)(4)(B).

Majesco Entertainment Co. Announces Management Changes

On July 27, 2015 the board of directors of the Majesco Entertainment Co. appointed David Rector as a Class I member, and Chairman, of the Board. Following the appointment of Mr. Rector, on July 27, 2015, Jesse Sutton resigned from his position as Chief Executive Officer of the company effective immediately and Mr. Sutton and the company, entered into a separation agreement. Following Mr. Sutton's resignation, the Board then appointed Mr. Rector to act in the capacity of principal executive officer of the company effective immediately. Mr. Rector has served as a director of Sevion Therapeutics Inc. since February 2002 and also serves as a director and member of the compensation and audit committee of the Dallas Gold and Silver Exchange Companies Inc. Since January 2014 through present, Mr. Rector serves on the board of directors of MV Portfolios Inc. (formerly California Gold Corp.) Since 1985, Mr. Rector has been the Principal The David Stephen Group. In addition, on July 27, 2015, Trent Donald Davis resigned as a Class I member of the Board, effective immediately. Mr. Davis's resignation was not due to a disagreement with the company on any matter relating to the company's operations, policies or practices.


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