Struggling ASCMA / Brinks Home Security Gets Stock Delisting Warning

Author: Dan Gelinas, Published on Jan 08, 2019

Struggling Ascent Capital Group (NASDAQ: ASCMA) has disclosed a warning from NASDAQ that ASCMA faced delisting unless they reverse their downward trend.

Based on the financial report we look at:

  • Specifics of the financial report
  • What this means for Ascent
  • What this means for the industry

********** ****** ******* ***** (******: *****) *** ********* * ******* **** ****** **** ***** ***** delisting ****** **** ******* ***** ******** *****.

***** ** *** ********* ****** ** **** **:

  • ********* ** *** ********* ******
  • **** **** ***** *** ******
  • **** **** ***** *** *** ********

[***************]

Specifics ** *** *-*

****-* ******* ************ ******** ** *** *** ** ******** ** ******, ******* 4th **** *********** ****** *** ****. *** ******** ******* **** Ascent ******* ***** ******** *** ******* **** ******, *** ***** a ***** ***** ** ******** **, ****. **** ****** ****** Ascent **** *** ****** *** *** ****** ***** *** ******** $15 ******* ******* *** *******, *** *** ******** ***** *** 30 *********** ****, ** **** ** *** ********* *******:

*** ****** ****** *** ******** * **** ***** ** *** filing ** *** *-* ** ******, ******** **, ****. *** letter ****** **** ****** ***** ***** ********* **** ****** *** to *** ********* **** *********** ** ***** ***** ***** (********** for ** ***** ** ****), ** **** ** *** ******* from *** *-* *****:

*** ********** ***** ***** *****'* *********** *** *** ** **** ending ******** **, ****:

*** *-* **** ** *** **** **** ***** *** ****** into * ************ ****** ** * ****** (*** ****) ****** which ** **** ** *** ******: (*) *** *** ******* stock ***** ** ***** $* *** * ****** ** ** consecutive ****, (*) *** *** ****** *** ** ** $** million, ** **** ** *** ******** *****:

What **** ***** *** ******

**** ******* *** ** ****** **** ******** *** ***** ** what ***** **** *** ** *** *** ****** ****** *** was **** *** *** ** ******* ** **** ****.

***** ** **** *********** *** ******'********* ****, ***** ******** *** ********** *********, **** **** *********** ********** ******* **** $* *** *****, short ** ******** ***** *****.

*******, * ****** ********* ******* ** *** $** ******* ******* valuation ******** *** ********* *******. ****** **** ****** ********* ** simple *** * ******* **** ~$*** ******* ****** *******, *** company's ***** ** ****** ** **** ~$* *******, ********* *** stock ***** ** ****** ****** ** *** ***** **** ** this ****. ** ** ******** *** *** ******* ***** ****** need ** ********** ******** **** *** *******.

******** ******** ************* ************* ****** ****** ** ****** *** * ***** **** ** fixing *** ****-***** ******:

********* * ****** ******* ** ** ******. ****’* ****** *** no ******, ***** ****** *** ****** ** ***** **** **** just ********* **. **’* **** **** **** ****** *** ****** rough ****** *** *******, ** ********* ******** *** *** **** need * **** ** ********** ***** ***** ** ***** ** stay ** *** ****** *** ***** ****** ** *** **** sheets.

*****'* ***** ***** ** ** *** ** ***** ***** ** a ****** ***** ***** ******* ***** *****:

*******, ** **** ** *** *** *****, *** *******'* ****** cap ** **** **** ***** ** *** **********, ******** **%+ over *** **** *** ******:

**** ******** ******** **** ****** ** **** ** **** ******.

What **** ***** *** *** ********

********* **** **** ***** **** *** ** ******** ******* *** the ********** *******, *** ****** ** ********* *** *** * bad **** *** *** ********, ** *******.

********* **** **** * *******'* ***** *********** ** *** *********** reflective ** *** **** * *** *** ******* *** ***** and **** *** ** ** *******:

**’* * ****** **** ** **** **** ****** ****** ** the ****. *’** *** **** ********** * *** ***** ** my ******. **’* ********** ***** **** *** ******* *** ** turmoil. **** * **** ** ***. *** *** *** **** were ***** * **** **** *** *********** **** ***** ****. Now **** * **** ** ***** *****. ** ** ********** their ***** ***** ** *** * ****** ********** ** ***** progress.

****** *** *** ** * ****** ********** ** ******** *** they *** * **** ****** ****** *** ***** ********** ** problems **** ********* ****. *****'* ********** ******** ** *****.

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