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They are very self serving.Trolio,the CEO,owns the building and leases it back to the company.His wife and kids own tons of shares.They compensate themselves with additional options at every annual meeting.Mulshine is the director of the 3rd party investment banking services,Ospey,which are compensated with shares,657k to be exact.If the director of the company is so talented and a REAL contributor to the company ,as an employee,why would he consult from the outside,as Mulshine does?The guy they hired as their sales manager last year was a bulldozer salesman from Pennsylvania.Mike jumped into a non-SCNG topic on Prodigy last year and told my friend Merideth, without identifying himself'Don't look at IMGX for a quick double,buy SCNG.It'll surely double quickly.' Think he's a little interested in share price?He pays their market analyst ,The Research Works,with shares.Think they'll write a bad report?Last April 26th,they still hadn't released the 10k.Mike said the acquisitions were keeping the accountants busy.That info,as well as all of Mulshines comments,are locked in the Prodigy bb archives for easy retrieval.And they just had $3 mil in 8% convertible notes come due March 26,'97.There goes cash flow. |
