To: StockDung who wrote (26399 ) 4/2/1999 12:05:00 AM From: peter michaelson Read Replies (2) | Respond to of 122087
Floyd: Beeman sounds like a great source for information. Some background, if you don't have it already. By the way, I can't find the press release saying that Beeman resigned, although his name fails to appear in any filings after November. Is his resignation not an event of significance to shareholders? Pretty short tenure.Press Release Coyote Network Systems Names Edward Beeman CFO Westlake Village, CA – June 2, 1998 – Coyote Network Systems (OTCBB:CYOE), today announced the appointment of Edward A. Beeman as executive vice president and chief financial officer, reporting directly to Daniel W. Latham, president and chief operating officer, Coyote Network Systems, Inc. Beeman is responsible for all aspects of finance, including treasury, accounting and information systems. "I am very pleased to welcome Ed to Coyote," said Latham. "Ed is an international professional with entrepreneurial spirit and more than 25 years of broad business experience in manufacturing, franchising, property management, construction, and retail. Ed has demonstrated strengths in general management and finance and administration, including mergers and acquisitions, start-ups and turnarounds, financing, international operations, MIS systems and strategic planning. Ed will be a great asset as we continue to grow and position our company in the telecom equipment and network services markets." Prior to joining Coyote, Beeman was chief financial officer for Western Water Company (Nasdaq:WWTR), a natural resource wholesaler to utility companies. Prior to Western Water, Beeman was vice president and chief financial officer for Bird Medical Technologies, Inc. (Nasdaq:BMTI), a manufacturer and international marketer of medical equipment. Previously, Beeman ran his own management consulting business and held executive management positions in the U.S. and Europe with Caterpillar and Tenneco. Beeman became a certified public accountant with Peat, Marwick, Mitchell & Co. and has a B.S. in business and accounting from Indiana University.BEEMAN EDWARD A. 7/14/98 10-K COYOTE NETWORK SYSTEMS INC Identification of Executive Officers The following individuals are the Executive Officers of the Company: Name Age Position James J. Fiedler 51 Chief Executive Officer Daniel W. Latham 49 President and Chief Operating Officer Edward A. Beeman 48 Executive Vice President, Chief Financial Officer and Mr. Beeman was Chief Financial Officer of Western Water Company from 1996 to 1997 and Vice President and Chief Financial Officer of Bird Medical Technologies, Inc. from 1994 to 1996.By the way, Western Water is on Nasdaq, market cap at $35 million, but seems to be more or less non-operating with a large NOL. The business is buying water rights and re-selling. 1. 06/01/98 Coyote Network Systems, Inc. CYOE (OTC:BB) Beeman, Edward Allen 1515 Tanoak Lane, #268 Agoura, CA 91301 Executive Vice President, Chief Financial Officer and SecretaryBEEMAN EDWARD A. 11/16/98 10-Q COYOTE NETWORK SYSTEMS INC In July 1998, the Company authorized an interest-free loan to Edward A. Beeman in the amount of $75,000 to be used solely for the purpose of providing a partial down payment on his purchase of a residence in California. The funding is for a five year term unless specifically extended by the Company. Earlier repayment of the loan will be demanded in the event of termination of Mr. Beeman's employment either voluntarily or for cause. This loan was funded in July 1998. In October 1998, the Company amended the terms of the above loans and in agreement with Messrs. Latham and Beeman established an annual interest rate of 6.5% to be applied to the loans and payable at the completion of the term.BEEMAN EDWARD A. 9/12/97 DEF 14A WESTERN WATER CO