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On Aug. 17, WebMediaBrands' stock began trading on the basis of a 1-for-7 reverse stock split after it had struggled in previous years to maintain the minimum bid price of $1 per share required by the Nasdaq market. In July, Meckler said the Internet media company with brands covering digital media, social media, mobile apps and the Semantic Web was making “continued progress toward being cash-flow-positive on a full-year basis.”