Re: Was Brian (biajj) banned/new forum - beantown
in response to
by
posted on
Apr 29, 2008 10:40AM
bean, this is the way i see it also. I think brian (IMO) was attempting to let us know that all is not well (in his opinion) regarding the BOD's past decisions. I believe he was attempting to open an on going dialogue as to what he felt was wrong and what we could do to attempt a change. but that was not met well by some of our "team" players on this board.
Most posters who dared speak of the ineptness of our BOD over the last 2 years were attacked in the same manner as brian was. though (IMO) brian was crucifed by a few long winded posters that need to have constant ego gratification. the long winded poster managed to massage and morph his message into the "only looking out for share holders best interest". Same long winded poster has defended S&L and touted them as "our friends". same long winded poster has dominated the board with his opinion and he has attacked me for mine on several occasions and now states he only wants "open debates on his theories".
brians post was the opening of a dialogue that was immediately bashed by our long winded poster as being extermely negative and ill-timed. IMO, it was the right time. we have just taken on a new CEO apparently not tied to the corporate gravy train of S&L and fellow BOD members. it appears to be an honest change in direction for our "wrecking crew" (aka the BOD). IMO the BOD had a change in direction and allowed brian to post. IMO the BOD set PTSC up as a shell and they really believed that the MMP revenue would be enough to sustain a growing share price while they could get away with doing nothing but collecting their monthly checks. it is rather obvious by our share price that our company is not being received well by the retail investor. but why should it? The BOD gave away cash in dividends instead of growing the company, the BOD removed all employees and shelved all r&d projects, the BOD moved into a new office that no one has used for over 2 years now, the BOD has kept a high priced PR firm on the payroll for over 2 years and has yet to use them beyond our "standard cut and paste" news releases (never any follow ups), the BOD stopped the share buy back program when in fact they should have been aggressively buying the shares, the BOD awarded themselves options for......not sure why they were awarded options, the BOD agreed to the terms and conditions of the Sony deal, the BOD has agreed to the NDA's and the lack of transparency in the SEC financial reporting, the BOD invested our merger/acquisition money where it is now tied up and no longer liquid.
Sound like strong management?
blast away
teremoto