CMKG message board

Guest

still waiting for any news.

have they started the cuts yet?

what's the first to go in this under performer?

truth · Guest

Hey, have you seen the new COO? Here is his pic: http://www.newscom.com/cgi-bin/pub/s?f=NCOM/prn&p1=20090127/NY63571&view=thumbnail_grid

inddy · Guest

Is this company going to cut jobs for people? That would be such a disaster!

new news · Guest

any new news?

tim · Guest

hello

wizard · Guest

I have just entered the sec.gov site and wanted to take a look how the company performed in the last quarter.
Unfortunately, I just found the notification of the late filing. As companies are not able to file on time, I start not to trust them. Coactive is not the exception in this case.

Is there something hidden behind the curtains?

Oh, just wait:

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On November 20, 2008, ‘mktg, inc.’ (the “Company”) received a letter from The Nasdaq Stock Market stating that the Company is not in compliance with the requirements for continued listing set forth in Nasdaq Marketplace Rule 4310(c)(14) because of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the period ended September 30, 2008.

As previously reported, the Company has determined that its audited consolidated financial statements for the fiscal year ended March 31, 2008 and unaudited interim consolidated financial statements for the quarter ended June 30, 2008, may need to be restated. The Company is conducting a review of its historical financial statements and is working with its independent registered public accounting firm toward being able to file amended Forms 10-Q and 10-K, which would then enable the Company to file its 10-Q for the quarter ended September 30, 2008. The Company intends to make all necessary filings to become current in its reporting obligations as soon as practicable.

Pursuant to Nasdaq rules, the Company has 60 days to submit a plan to Nasdaq to regain compliance. The Company will endeavor to become current in its reporting obligations within such 60-day period, and intends to submit a compliance plan to Nasdaq if it is unable do so. Following any such submission, Nasdaq may provide the Company with up to 180 days (until May 13, 2009), to regain compliance.

Is the the end of CMKG era on the NASDAQ?

Guest

Whoa!

Guest

When is Coactive going to be removed from the NASDAQ? Are these only the rumor or this day is approaching?

Guest

Someone tell the last one out to turn off the lights Shocked

cmkg bear · Guest

I'm cutting my losses on this stock. Multiple Nasdaq noncompliance letters, the crazy posts on this forum and a lack of news spells trouble . Aside from all the historical baggage on these boards I don't see any indication things are turning around.

While the last CEO was clearly unpopular here, he and his CFO have been gone long enough to start examining current leadership. Interestingly enough, if you look on the mktg web site all but a few of the leadership roles are ex-3 for all / mktgpartners, a company mktg acquired in June 2008. The creative director was a more recent hire so by and large it looks to me like mktg brought in a new management team.

Guest

Am I missing something here... Does this company even have a CFO??? And who is the CEO now?

Guest

Since there is no real news from this company I was reading through key developments for mktg on Reuters and noticed something interesting.

On June 30th 2008 mktg announced "CoActive Marketing Group, Inc. Acquires mktgpartners." Literally twelve months and three minutes later we see another announcement that Mktg, Inc. Files Notification Of Late Filing With SEC."

What a difference twelve months makes.

June of 2008 was a different more optimistic economy. At the time of this deal no one knew a financial meltdown lay just around the corner. Whether it was a stock, a property or a company, June of 2008 was on average a great time to sell and a bad time to buy and hold. While I can't say if this deal helped or hurt there is one more interesting coincidence with timing. The filing where the mktgpartners acquisition is described also mentions "gross margin" thresholds that need to be met. The time frame? Also 12 months.

The lack of news from mktg and recent delisting warnings is just p*$$ing me off and makes me wonder. Is this simply a coincidence or did this company bite off more than it can chew. Who's going to answer that?

false numbers · Guest

revenue reported that wasn't there

costs not recorded

Bonuses paid on false numbers

where was the board?

the auditors?

no news updates

what's next?

where is the SEC?

Veil of Silence · Guest

Where (and who) was the CEO?
Where (and who) was the CFO?
Where was the President and COO? Dead Quiet
But it's his team, his show, he's had a year and it's time for some answers

Guest

Whoa - he was a key dude in the US Concepts days