Zachary McAdoo, Chairman, President, CEO & CFO of Radioio Inc, bought 384,615 shares of Radioio Inc (Stock Symbol: Enter RAIO) at $0.65 per share for a total amount of $250 thousand on March 11, 2014.
Radioio Inc is situated in Tampa, Florida.
On 01/15/2014, Radioio Inc today announced that shares of Radioio common stock began trading under the ticker symbol “RDIO” on the OTC market on January 10, 2014. The shares of Radioio common stock previously traded under the symbol “IWDM”. Radioio is the successor to ioWorldMedia, Incorporated, which merged into Radioio on December 11, 2013. The merger was approved by the shareholders of ioWorldMedia in October 2013.
According to Capital IQ, Radioio Inc has a market cap of $2.38 million, and trailing 12 month revenues of $1.64 million.
Radioio, Inc. operates an Internet media platform that provides streamed music to various audiences. The company broadcasts 140 streaming channels, and offers Internet radio services and various genres of music ranging from high-brow classical to acid rock. It also operates a background music and messaging system for businesses, such as specialty retail and department stores, offices, restaurants, hotels, casinos, showrooms, and salons. In addition, Radioio, Inc. offers access to live and archived live content; and io2go, a radio application for smartphones. The company was formerly known as ioWorldMedia, Incorporated and changed its name to Radioio, Inc. December 2013. Radioio, Inc. was incorporated in 1995 and is based in Tampa, Florida.
Zachary McAdoo is 41 years old.
According to his biography, Mr. Zachary McAdoo serves as the President at McAdoo Capital, Inc. Mr. McAdoo serves as Chairman, Chief Executive Officer, President, and Chief Financial Officer of ioWorldMedia, Inc. since August 28, 2013. He served as Analyst and Portfolio Manager at Zanett Asset Management (Zanett Group) from 2005 to 2008. He worked for seven years for two other small cap investment firms. Mr. McAdoo has experience investing in healthcare services, diagnostics and medical device companies.
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