Happy,
just because the company has had extremely poor stock performance until just recently does not make it a scam -- just a bad investment
Believe me Happy, I don't base my comments on the split.
From Media X's 10K ..
RAINER POERTNER, DIRECTOR. Mr. Poertner has served as a Director of the Company since February 23, 1996. Mr. Poertner has a twelve-year track record of bringing new and innovative computer hardware and software technology to the international market place. He has served as President and a Director of Syncronys Softcorp since May 8, 1995, and as Chief Executive Officer since July 1, 1995. He left the company to fully concentrate on MediaX in July 1998. He co-founded Seamless Software Corporation ("Seamless") and served as Director and as President of Seamless from its inception in May 1993 until its merger with Syncronys Softcorp on May 8, 1995. After having held several positions in the European and U.S. entertainment industries, he founded Hybrid Arts, Inc., in 1986 by arranging $3 million of venture financing for ADAP - the first Direct-to-Disk Digital Recording System. After arranging Hybrid Art's sale in 1991, Mr. Poertner became CEO of Hydra Systems, Inc., which developed and marketed ANDOR - a fully functional Macintosh CPU on a PC peripheral card. Hydra Systems subsequently sold the technology and the inherent rights to a company in Seoul, South Korea in 1992. Mr.Poertner received degrees in economics from the University of Frankfurt in 1975 and the Klinger Business School in 1973.
This is what scares me Happy.....
I hope we are not riding another ride to bankruptcy with mgt sucking huge salaries out all the way down.
We shall see, Sye
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