Adaptive : Semi-Annual Report | MarketScreener

Disclosure Assertion

(Pursuant to the Pink Primary Disclosure Tips & Directions)

Adaptive Advert Techniques, Inc.

(A Nevada Company)

4400 NE 77th Avenue

Vancouver, WA 98662

1. 321-4958
   data@aatv.co

SIC Code: 7319-02

Quarterly Report

For the Reporting Interval Ending:

June 30, 2022

As of the Present Reporting Interval(the quarter ending June 30, 2022) and adjusted for all accredited however pending issuances of certificates in the course of the interval, the variety of shares excellent of our Widespread Inventory was: 50,648,128.

On the finish of the Prior Reporting Interval(12 months ending March 31, 2022), the variety of shares excellent of our Widespread Inventory was: 50,228,128.

As of the prior 12 months ending December 31, 2021, the variety of shares excellent Widespread Inventory was: 50,028,128.

Point out by test mark whether or not the corporate is a shell firm (as outlined in Rule 405 of the Securities Act of 1933 and Rule

12b-2 of the Change Act of 1934):

Point out by test mark whether or not the corporate’s shell standing has modified for the reason that earlier reporting interval:

Point out by test mark whether or not a Change in Management1 of the corporate has occurred over this reporting interval:

1 “Change in Management” shall imply any occasions leading to:

1. Any “individual” (as such time period is utilized in Sections 13(d) and 14(d) of the Change Act) turning into the “helpful proprietor” (as outlined in Rule 13d-3 of the Change Act), immediately or not directly, of securities of the Firm representing fifty % (50%) or extra of the full voting energy represented by the Firm’s then excellent voting securities;
2. The consummation of the sale or disposition by the Firm of all or considerably all the Firm’s property;
3. A change within the composition of the Board occurring inside a two (2)-year interval, on account of which fewer than a majority of the administrators are administrators instantly previous to such change; or
4. The consummation of a merger or consolidation of the Firm with another company, aside from a merger or consolidation which might end result within the voting securities of the Firm excellent instantly prior thereto persevering with to signify (both by remaining excellent or by being transformed into voting securities of the surviving entity or its dad or mum) at the least fifty % (50%) of the full voting energy represented by the voting securities of the Firm or such surviving entity or its dad or mum excellent instantly after such merger or consolidation.

1. Identify and tackle(es) of the issuer and its predecessors (if any).
   Present the present title of the issuer and any names utilized by predecessor entities and dates of title adjustments. The state of incorporation/registration of the issuer and every of the predecessors (if any) in the course of the previous 5 years:
   Adaptive Advert Techniques, Inc. (6/17/2014 to present)Adaptive Media, Inc. (4/15/2014 to six/17/2014)
   Praebius Communications, Inc. (12/30/2007 to 4/15/2014) Synergetic Applied sciences, Inc. (12/30/1994 to 12/2007)

Checklist any inventory break up, inventory dividend, recapitalization, merger, acquisition, spin-off, or reorganization both presently

Has the issuer or any of its predecessors ever been in chapter, receivership, or any comparable continuing previously

Be aware: Consists of shares licensed by Board, however certificates not issued but.

Extra class of securities (if any):

The Firm additionally has 100,000,000 shares of Most popular inventory licensed. Of that, two lessons of inventory (Most popular A&B) constituting a complete of 5,000,000 shares have been designated (or pending designation).

*Class B has been licensed; designation is pending.

Switch Agent: Colonial Inventory Switch, 7840 South 700 East, Sandy, UT 84070; (877) 285-8605; E-mail: shareholders@colonialstock.com

Is the Switch Agent registered below the Change Act? Sure: X No: G

1. Issuance Historical past

The purpose of this part is to offer disclosure with respect to every occasion that resulted in any direct adjustments to the full shares excellent of any class of the issuer’s securities previously two accomplished fiscal years and any subsequent interim interval. Disclosure below this merchandise shall embrace, in chronological order, all choices and issuances of securities, together with debt

2 “Public Float” means the full variety of unrestricted shares not held immediately or not directly by an officer, director, any individual deemed a “management individual” (the helpful proprietor of greater than 10 % of the full shares excellent), or any associates or rapid relations of officers, administrators, or management individuals.

convertible into fairness securities, whether or not non-public or public, and all shares, or another securities or choices to amass such securities, issued for companies. Utilizing the tabular format under, please describe these occasions.

A. Modifications to the Variety of Excellent Shares

Test this field to point there have been no adjustments to the variety of excellent shares inside the previous two accomplished fiscal years (2020 & 2021) and any subsequent intervals (two quarters of 2022): G

Modifications in variety of shares excellent are included within the desk under:

Extra notice to inventory desk above: In 2016, the Firm contingently issued 1,500,000 shares for a pay as you go consulting contract for future companies. The shares have been to be held pending completion of all contract contingencies. The Firm later realized that the shares have been offered to 3rd events previous to success of the Dignatas contingencies. The Firm demanded both return of the shares or fee of consideration. The Firm has acquired 887,500 shares again from transferees (recognized above). As to Dignatas and its transferees who fail to return shares, or pay for the shares acquired, the Firm could also be pressured to incorporate them in litigation to cancel shares delivered to them by Dignatas and/or to get better damages.

1. Debt Securities, Together with Promissory and Convertible Notes

Utilizing the chart and extra house under to listing and describe all excellent promissory notes, convertible notes, convertible debentures, or another debt devices which may be transformed into a category of the issuer’s fairness securities.

Test field if there are not any excellent promissory, convertible notes or debt preparations: G

Notes to Chart: (1) Kabota Corp. is a world gear producer with income exceeding 1.2 Trillion Yen. Controlling individual(s) unknown.

1. Monetary Statements

1. The next monetary statements have been ready in accordance with: U.S. GAAP
2. The monetary statements for this reporting interval have been ready by3 Primary Avenue Consulting & Accounting Providers (Kevin Orton, Proprietor); Relationship to Issuer: Service Supplier.

Monetary statements described under have been offered for the newest fiscal 12 months or quarter.

1. Steadiness sheet;
2. Assertion of earnings;
3. Assertion of money flows;
4. Monetary notes; and

Monetary statements of the Firm have been hooked up to this disclosure assertion. [Financial statement information is considered current until the due date for the subsequent report (as set forth in the qualifications section above). To remain qualified for Current Information, a company must post its Annual Report within 90 days from its fiscal year-enddate and Quarterly Reports within 45 days of each fiscal quarter-enddate.]

1. Issuer’s Enterprise, Merchandise and Providers

A. Abstract of Issuer’s enterprise operations.

Adaptive Advert Techniques, Inc. (“the Firm”) represents the consolidated and merged corporations Praebius Communications, Inc., which was integrated in Nevada in December 1994 and Adaptive Media, Inc., which was integrated in Nevada in March of 2013. Moreover, the Firm had beforehand acquired the operations of Advert Techniques, Inc., a Utah company organized in 1984, which developed the foundational mental property of the Firm’s advert insertion know-how. Since 2015, the Firm additionally owns and operates Adaptive Broadband, an Oregon wi-fi broadband enterprise. Adaptive Broadband acquired the shopper base of Speedpal, an identical enterprise which had been offering companies in Oregon and Washington since 2003.

Functioning as a holding firm for varied subsidiaries, the Firm is the product of merging or buying a number of longstanding enterprise entities, property and new cutting-edge know-how. Because of these mixed actions, the Firm is money circulate constructive and worthwhile. In truth, regardless of the nationwide upheavals created via the Covid-19 Pandemic, the Firm generated its largest revenues and income in the course of the 12 months 2020.

The Firm is engaged within the cable tv (CATV) and on-line media promoting enterprise, which supplies the vast majority of the Firm’s income. To pursue its enterprise plans, the Firm develops, manufactures, markets, deploys, and operates its personal proprietary video ad-insertion know-how. The Firm’s know-how is primarily “cloud-based,” which permits the Firm to handle hundreds of advert insertions at a number of hundred head-end areas from a central hub with a minimal variety of staff. This operational construction supplies aggressive scalability within the tv markets it targets and pursues. The Firm’s proprietary know-how permits the Firm to construct and create new enterprise income segments within the conventional CATV business and generate income by deploying its ad-insertion know-how in beforehand un-served and under-served markets. Collectively, these segments comprise a possible market alternative of greater than thirty million households (referred to within the business as “subscribers”).

3

The monetary statements requested pursuant to this merchandise should be ready in accordance with US GAAP or IFRS by individuals with ample monetary expertise.

Using know-how developed by the Firm over a interval exceeding three many years, the Firm is already a number one turnkey technology-based supplier of CATV advert insertion gear and ad-sales to small and medium cable tv operators. The Firm can also be an impartial supplier of DMA (Designated Market Space) primarily based Cable TV promoting gross sales and TV business supply in america. Moreover, the Firm is actively creating many un-wired markets, notably in College Campuses and Multi-Dwelling-Models (MDU’s).

The Firm’s essential goal is to 1) create “promoting avails” stock on all main CATV networks throughout the nation the place beforehand there was no stock, and a couple of) present dependable and top quality illustration for the newly-created promoting stock to advertisers. In conducting its enterprise, the Firm supplies media options for native, regional and nationwide advertisers by inserting promoting into main CATV networks corresponding to ESPN, A&E, DISCOVERY, CNN, MSNBC, FOX NEWS, HISTORY, LIFETIME, SPIKE, TNT, and USA.

With the mainstream acceptance and broad growth of web companies, many tv and promoting business watchers predicted that conventional tv promoting would quickly turn into a factor of the previous. That was twenty years in the past. Regardless of the evolution of video know-how with its availability on a number of platforms and thru a number of companies, tv promoting stays strong and a rising income for the Firm.

The Firm supplies promoting insertion services and products to cable tv head-ends which might be both standard or client satellite tv for pc programs, in addition to any streaming or IP supply programs. Our companies embrace promoting promoting to native, regional and nationwide advertisers, scheduling adverisements, after which offering site visitors and billing for our clients. The Firm’s operations are primarily carried out in-house. With over 210 designated advertising areas in america, the Firm has deployed its know-how into over 200 of those markets in about 40 states.

The Firm doesn’t promote its know-how to clients. As an alternative, we set up our personal proprietary software program and servers on the tv service head-end and we keep full possession and management pursuant to long-term contracts. Such contracts create an unique relationship between the cable tv or digital video service supplier and the Firm.

As a result of progress of cell know-how (sensible telephones, tablets, and so on.), right this moment’s advertisers are studying the worth of splitting their promoting spending between CATV and over-the-top (OTT) video streaming, in addition to on-line streaming media. The Firm intends to proceed growth of its services and products to satisfy the wants of consumers as know-how and buyer wants evolve. To stay related and aggressive, the Firm continues to actively put money into analysis and growth of latest merchandise, applied sciences, and companies.

Be aware on Anticipated Developments

The Firm presently plans to impact a change of its company title in late 2022. The brand new title will likely be disclosed pursuant to a press launch on the related time.

Be aware on Covid19 Pandemic

Because the second quarter of 2020 commenced, america turned mired within the results of the Covid-19 virus pandemic, which resulted in substantial financial, monetary, and social upheaval throughout America. Initially, these occasions included “shelter at house” orders, steerage and suggestions all through the nation, which resulted in large layoffs of staff throughout all industries, in addition to materials constriction of capital sources and reserves. Consequently, many corporations have been pressured to close down operations till it was protected for workers to return to work, whereas different corporations have been in a position to proceed operations via remote-working by staff. The Firm is within the latter class and we continued operations via staff using distant entry know-how. At year-end 2020, the Firm continued to conduct audio and video convention calls as wanted to take care of operations. Many communities and states started “re-opening” in June 2020, however, infections of the Delta variant in 2021 created some uncertainties as to remedial steps to be taken by state and nationwide well being officers. Equally, on the finish of 2021, infections dramatically elevated via the Omicron variant.

With few exceptions, income and web income of most industries and firms have been negatively affected by the pandemic in the course of the course of 2020. Likewise, the Firm was affected to a point via the second quarter of 2021. However any of the foregoing, the Firm presently has capital reserves ample to satisfy operational necessities and, moreover, skilled some intervals of historic income for the reason that onset of the pandemic. As an ongoing replace to prior filings, the Firm doesn’t presentlyanticipate materials impairment to its operations from the Covid-19 pandemic.