Adaptive Medias, Inc. (OTCPK:ADTM.D) agreed to acquire Media Graph, Inc. from the selling shareholders for approximately $15 million on April 14, 2014. The selling shareholders include OneScreen, Inc., OneScreen Partners, Inc., OneScreen Partners B, Inc., VSIP, Inc., Vidshadow Partners, Inc., VSP Partners, Inc., Jim Batmasian, Florence Praver, Emile Bedriomo, Roy Praver, Tim Reid, Bryan Myers, Andre Wadsworth, Cliff Reid, Scott Fink, Justin Smith, Eric Brody, Gregg D. Templeton, Cede & Co, The Duncan Family Trust, Templeton Living Trust, California State Controllers Office, Richardson & Patel, LLP, Alden Brown, William Luckman, Jay Valinsky, Ian Groucher, David Underwood, Wallstreet Direct, Inc. and Logan Pierson. As reported, Adaptive Medias will issue 150 million shares of its common stock to the selling shareholders. Concurrently, on April 14, 2014, the Adaptive Medias, Inc. effectuated a reverse stock split, 1-for-30 resulting in Adaptive Medias issuing 5 million of its common stock in order to consummate transaction. The transaction has been approved unanimously by the Board of Directors of Adaptive Medias and its majority shareholders.

Adaptive Medias, Inc. executed a stock purchase agreement to acquire Media Graph, Inc. from the selling shareholders on July 15, 2014. The agreement may be termination by the parties under certain circumstances. The agreement is subject to governmental approvals, terminations or expirations of waiting periods imposed, consummation of satisfactory due diligence investigation, consents of third parties and other conditions. 85.12% of the shares issued in connection with the acquisition, held by a total of five entities controlled by Norman Brodeur, is subject to a Lock-Up containing a lock-out term of one year from the date of closing. The transaction has been approved by selling shareholders. Alan A. Lanis of Richardson Patel LLP acted as legal advisor to Adaptive Medias while Lynne Bolduc of Oswald & Yap acted as legal advisor to OneScreen, Inc. and Media Graph, Inc.