Struggling ASCMA / Brinks Home Security Gets Stock Delisting Warning

By: 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

********** ****** ******* ***** (******: *****) *** ********* * warning **** ****** **** ASCMA ***** ********* ****** they ******* ***** ******** trend.

***** ** *** ********* report ** **** **:

  • ********* ** *** ********* report
  • **** **** ***** *** Ascent
  • **** **** ***** *** the ********

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

Specifics ** *** *-*

****-* ******* ************ ******** ** *** end ** ******** ** Friday, ******* *** **** effectively ****** *** ****. The ******** ******* **** Ascent ******* ***** ******** two ******* **** ******, the ***** * ***** prior ** ******** **, 2018. **** ****** ****** Ascent **** *** ****** cap *** ****** ***** the ******** $** ******* minimum *** *******, *** had ******** ***** *** 30 *********** ****, ** seen ** *** ********* excerpt:

*** ****** ****** *** received * **** ***** to *** ****** ** the *-* ** ******, December **, ****. *** letter ****** **** ****** again ***** ********* **** NASDAQ *** ** *** continued **** *********** ** ASCMA ***** ***** (********** for ** ***** ** days), ** **** ** the ******* **** *** 8-K *****:

*** ********** ***** ***** ASCMA's *********** *** *** 30 **** ****** ******** 28, ****:

*** *-* **** ** the **** **** ***** now ****** **** * probationary ****** ** * months (*** ****) ****** which ** **** ** two ******: (*) *** its ******* ***** ***** up ***** $* *** a ****** ** ** consecutive ****, (*) *** its ****** *** ** to $** *******, ** seen ** *** ******** below:

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

**** ******* *** ** Brinks **** ******** *** input ** **** ***** plan *** ** *** and ****** ****** *** was **** *** *** no ******* ** **** time.

***** ** **** *********** and ******'********* ****, ***** ******** and ********** *********, **** **** *********** challenges ******* **** $* per *****, ***** ** a******* ***** *****.

*******, * ****** ********* getting ** *** $** million ******* ********* ******** for ********* *******. ****** this ****** ********* ** simple *** * ******* with ~$*** ******* ****** revenue, *** *******'* ***** is ****** ** **** ~$6 *******, ********* *** stock ***** ** ****** triple ** *** ***** half ** **** ****. It ** ******** *** the ******* ***** ****** need ** ********** ******** **** *** lenders.

******** ******** ************* ************* ****** ****** ** figure *** * ***** path ** ****** *** well-known ******:

********* * ****** ******* is ** ******. ****’* issues *** ** ******, being ****** *** ****** an ***** **** **** just ********* **. **’* just **** **** ****** are ****** ***** ****** the *******, ** ********* publicly *** *** **** need * **** ** increasing ***** ***** ** order ** **** ** the ****** *** ***** moving ** *** **** sheets.

*****'* ***** ***** ** in *** ** ***** range ** * ****** stock ***** ******* ***** shows:

*******, ** **** ** the *** *****, *** company's ****** *** ** down **** ***** ** sat **********, ******** **%+ over *** **** *** months:

**** ******** ******** **** likely ** **** ** turn ******.

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

********* **** **** ***** this *** ** ******** outcome *** *** ********** company, *** ****** ** delisting *** *** * bad **** *** *** industry, ** *******.

********* **** **** * company's ***** *********** ** not *********** ********** ** how **** * *** the ******* *** ***** and **** *** ** an *******:

**’* * ****** **** we **** **** ****** others ** *** ****. I’ve *** **** ********** a *** ***** ** my ******. **’* ********** tough **** *** ******* are ** *******. **** a **** ** ***. Tim *** *** **** were ***** * **** good *** *********** **** their ****. *** **** a **** ** ***** stock. ** ** ********** their ***** ***** ** not * ****** ********** of ***** ********.

****** *** *** ** a ****** ********** ** progress *** **** *** a **** ****** ****** and ***** ********** ** problems **** ********* ****. ASCMA's ********** ******** ** mount.

Comments (0)

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Calipsa - UK AI Startup Profile on Jul 10, 2019
Analytic startups are a major industry trend. One UK company, Calipsa is aiming to use AI to filter out false positive alarms for live video...
Avigilon President Henderson Is Out on Jul 09, 2019
Avigilon's President and COO James Henderson is out, abruptly, after a remarkable ascension over the past 8 years, Motorola VP Jack Molloy has...
RaySharp Revealed - Major China OEM For Western Consumer Video Surveillance on Jul 02, 2019
RaySharp is mostly unknown, even among people in the video surveillance industry, though it is a major supplier of OEM surveillance equipment such...
Directory of 60 Video Surveillance Startups on Jun 25, 2019
This directory provides a list of video surveillance startups to help you see and research what companies are new or not yet broadly known. 2019...
Risk of Amazon Alexa Guard: No Battery Or Cell Backup on Jun 20, 2019
Amazon positions its Alexa Guard Service as a "smart home security system" and says it can help you "keep your home safe". However, the...
IndigoVision Control Center VMS Tested on May 30, 2019
IPVM's last test of IndigoVision's VMS was in 2010, which found enterprise VMS features and a simple client interface. but no 3rd party camera...
Alibaba Makes Major Investment Into Uniview on May 30, 2019
China's e-commerce and cloud services giant Alibaba has bought 15% of the shares of Uniview's parent company, TransInfo, in a deal worth ~$500...
NJ Law Requires Apprenticeship For Public Works Integrators on May 24, 2019
Few integrators do a formal apprenticeship program. However, now a NJ law is requiring any integrator on public works projects (such as state...
Security / Privacy Journalist Sam Pfeifle Interview on May 24, 2019
Sam Pfeifle is best known as the outspoken former Editor of Security Systems News. After that, he was publications director at the International...
ASCMA / Monitronics Declares Chapter 11 Bankruptcy on May 22, 2019
Monitronics is entering into Chapter 11 bankruptcy. The company, also called Ascent Capital Group Inc., aka ASCMA, aka Brinks Home Security,...

Most Recent Industry Reports

Responsibility Split Selecting Locks - Statistics on Jul 22, 2019
A heated access debate surrounds who should pick and install the locks. While responsible for selecting the control systems, integrators often...
Vivotek Trend Micro Cyber Security Camera App Tested on Jul 22, 2019
Vivotek and Trend Micro are claiming five million blocked attacks on IP cameras, with their jointly developed app for Vivotek cameras. This new...
Avigilon ACC7 VMS Tested on Jul 22, 2019
Avigilon's Control Center 7 boldly claims it will "transform live video monitoring" with the new Focus of Attention "AI-enabled" interface. We...
History of Video Surveillance on Jul 19, 2019
The video surveillance market has changed significantly since 2000, going from VCRs to emerging into an AI cloud era.  The goal of this history...
Mobile Access Usage Statistics 2019 on Jul 18, 2019
The ability to use mobile phones as access credentials is one of the biggest trends in a market that historically has been slow in adopting new...
New GDPR Guidelines for Video Surveillance Examined on Jul 18, 2019
The highest-level EU data protection authority has issued a new series of provisional video surveillance guidelines. While GDPR has been in...
Wyze AI Analytics Tested - Beats Axis and Hikvision on Jul 17, 2019
$20 camera disruptor Wyze has released free person detection deep learning analytics to all of their users, claiming users will "Only get notified...
Anyvision Aims For 2022 Revenue of $1 Billion on Jul 17, 2019
Only 3 video surveillance manufacturers do a billion dollars or more in annual revenue - Hikvision, Dahua, and Axis. Now, Anyvision plans to join...
HD Analog vs IP Guide on Jul 16, 2019
For years, HD resolution and single cable signal/power were IP camera advantages, with analog cameras limited to much lower resolution and...
How To Troubleshoot Wiegand Reader Problems - Inverted Wiring on Jul 16, 2019
Wiegand is the dominant method of connecting access readers, but problems can arise for installers. In fact, one of the most difficult reader...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact