Ten insiders including the CFO, VP Sales & Marketing, two Directors, VP of Admin, VP of International Sales & marketing, the COO, the VP of HumRes, the EVP of Operations, and VP of Operations are all listed in an S-8 document recently submitted to the SEC.
This, plus the minor news release that Richard Rosenzweig, VP of Operations, is leaving the company to "pursue other interests." Was he fired?
Why would all these insiders sell their stock when MKIE is trading at or near its all time low???
What does this mean in terms of these insiders' confidence in the future performance of MKIE, especially as its new non-mixer products get shipped and its first digital-mixer products near completion?
I called Mackie this morning and nobody would come to the phone. While on hold, the music was Elvis singing, "I'm All Shook Up." I kid you not.
I think there's a major shakeup going on at Mackie. |