Replies to Msg. #728896
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 Msg. #  Subject Posted by    Board    Date   
08653 Re: The prevailing argument seems to be
   yes, that was the fear masquerading as reason, ... the same calling re...
DigSpace   ALEA   27 Jun 2012
8:03 PM
08624 Re: The prevailing argument seems to be
   Hi nxt, I am in the change camp. But to have change occur is a t...
Cactus Flower   ALEA   27 Jun 2012
1:37 AM

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Re: The prevailing argument seems to be

By: nxtflatpanel in ALEA
Wed, 27 Jun 12 1:29 AM
Msg. 08623 of 54959
(This msg. is a reply to 08622 by Cactus Flower)
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The prevailing argument given to keep the board in place was a bogus claim that the gossip associated with removal of board members would be harmful to the company. That was clearly not true but it was all wavx management could come up with and they communicated that through their agents. The agents ran with that and gullible shareholders followed along. Now they are paying the price.

It isn't a polar thing. Imagine what financial shape the company would be in if management didn't siphon $50m+ to wavxpress? You can bet the siphon to family at scrambls is quite a few million currently. The company shows no signs of financial restraint. New management would fix that immediately.




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