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Adcore Inc T.ADCO

Alternate Symbol(s):  ADCOF

Adcore Inc. is a Canada-based company, which provides various solutions for digital marketing. The Company operates through two segments: AdTech and EdTech. The AdTech segment is engaged in e-commerce advertising management and automation platform. The EdTech segment provides a marketplace for live classes, connecting and enriching humanity through knowledge. Its marketing cloud is a set of applications developed to ease the everyday work of advertisers and marketers. Its marketing cloud services include Feeditor, Semdoc, Alerter, Media Blast, Views and Effortless Marketing. It provides all essential marketing apps, including feed creation, feed optimization, campaign management, and actionable analytics under one cloud. Its wholly owned subsidiaries include Podium Advertising Technologies Ltd., (Podium), Adcore Australia Pty. (Adcore AU), Adcore US Inc. (Adcore US), Amphy EdTech Ltd and others.


TSX:ADCO - Post by User

Comment by Torontojayon Feb 04, 2021 12:24pm
74 Views
Post# 32471083

RE:RE:Adcor News Release

RE:RE:Adcor News Release

TruthInNumbers wrote:
"In connection with the engagement (the "Agreement"), Adcore will pay Virtus a monthly fee of $8,000 CAD. In addition, Virtus will be granted incentive stock options to acquire 150,000 shares of the Company, at an exercise price of $1.15 per share for a 4 year term" Not too thrilled about that part....


That is what, $172,500 over a 4 year term. This works out to an expense of $43,125 per year. $8000 per month works out to $96000 per year which is higher than the stock option method.

This company has excellent cost control as witnessed during the pandemic so I wouldn't be too concerned about this. 


 

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