Santeon Group Inc (SANT)

[eagle_2975]

Hi GQart. Yes, we sure were fed a lot of hype on eBN weren't we? Remember all of the conference calls talking about how "sticky" eBN was for customers, that the revenues created were like an annuity, that the margins on the revenues received were 90%+? It would be bad enough to see this asset be sold to an independent third party but to see our CEO decide to use his own money to purchase it is throwing salt in the woulds. Why didn't he use any of the money he used to buy eBN to buy SANT stock instead? He could have either purchased SANT on the open market or bought shares from one of the now ex-insiders of the company like Ahmed Sidky or Jason Sunstein. It is quite obvious that he sees eBN as a better investment than SANT stock.

How are the opportunities more attractive in Agile than in eBN???
Q3 results sure don't indicate that!

"Agile training, coaching and consulting revenue increased 4% to $840,837 for the third quarter 2013, compared to $809,661 for the third quarter 2012."

"eBN revenue increased 98.4% to $213,037 for the third quarter 2013, compared to $107,356 for the third quarter 2012."