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I thought Mark Dostie abandoned this sinking ship long ago. How could he stay with a company captained by a deceptive crook. Wouldn't he be worried of being guilty by association? He was part of the team that accomplished nothing yet got paid. Is he really the savior we covet?
I like the idea of removing Frank who is an egomaniac that is clueless in the matter of business. However, I think we need to look for holes in that RPX deal that will some how make it void. That deal killed us and cost us hundreds of millions of dollars. Frank never represented us shareholders very well accepting that deal. Is that licensing deal to RPX a one time deal that lasts forever? We stock holders never really got the details on that one. In fact, Frank acts like it is his company and doesn't need to explain his actions to us low life stock holders.
Somebody put this snake in jail already!
I never deleted senior chiefs post... I wouldn't do that. I deleted my own thinking it was to physically aggressive towards that dirt bag Frank. Hope that clarifies any confusion.
cheers
It would be so nice to get frank out. But, I believe it is too late. Frank already sunk this ship when he sold us out with the rpx deal that he cashed in on. The failure of this lawsuit has left us stock holders with no hope and no revenue. Frank needs to get paid and keep his office space (you can see the high operating costs and the very low development cost in the annual report) so he has got to sell stock. With the value of the stock now, he will have to sell a lot to get paid. Our stock is worthless and about to get severely diluted. By the time we could get Frank out,the stock will be a fraction of a fraction of a cent and he would be leaving anyways to start on his next con. Everything Frank has done has not materialize... GE, handheld interests, Apple, Groupon, Yellow pages, Oracle, lawsuit, and probably more I forgot. His Reach value when released is just another con. I would like him to see the roots of the grass asap. How is it this guy can do this to people??
I agree chief. We would have to contact every share holder to get the numberS we need to cancel out all of Frank's shares. It would be nice if every share holder read this board so we could organize this. Regardless, I will be voting to get Frank out..
I was told that the law suit was refiled in California. According to Frank's comments, I guess I was lied to again. So all we have now is the Reach development and release now. With no money, I guess severe dilution is next.
I wish there was holes in the RPX deal that Frank made that made the deal void. We really got screwed with that deal. Way to go Frank.
WHERE THE HELL IS FRANK?
The lawsuit got cancelled and our boy doesn't care enough to publicize anything about the matter? Stock isn't going up which tends to happen when loose lips Frank tells his circle of investing friends that things are up on the horizon. A good investigation to see why someone accumulated shares when no public news was available is a good start. I think it is time to put Frank down. His disservice is no longer tolerated. A criminal needs to pay for their indiscretions. Frank needs to pay.
The latest lawsuit is October 2014. I don't see a recent refiling. Now the stock is that .27 and nobody can get a hold of Frank. Something smells fishy.
I was wondering if we shareholders can present a class action suit so Frankie boy doesn't squirrel away our money for himself and his retirement fund?? We got to do something to get what is ours. We also have to stop the Skanky degenerate from handing out shares to himself and his cronies like they were candy... I hate that WLGC has no problem diluting our investment. This stock will be sub one penny the way it is going with this greedy inept CEO.
Somebody look into the Washington and California filings of the lawsuit PLEASE.
The reason we haven't heard any positive news is.... I got tired of waiting so I contacted the law firm and asked the result of the suit. The very nice lawyer responded (I was surprised)with what info she was allowed to share... so I will share it with you since Frankie the rat bastard won't..
"Hello ***** - The lawsuit that was filed in the Western District of Washington (Seattle) was voluntarily dismissed. Is my understanding that a lawsuit was refiled in California with new counsel. We have not been following the case and I do not know what the status is. But any lawsuit filed in California would be a public record."
Then I asked:
Sorry to bug you again ********, voluntarily dismissed? Was that by both sides or dismissed by Wordlogic or the judge. Thank you so much for your time. I will not bother you again.
She responded:
Hello *****: I cannot provide information to you about the dismissal except to the pleadings or to the company. The pleadings of the lawsuit filed in the Western District of Washington are of public record. Kind regards, ********
So I did that for you kind folks... can someone look up the info from the Western District of Washington? Maybe check out the filing in California? Would be nice to know why this course of action has been taken but our fearless leader has gone awol!
After going through the annual report, WLGC sure gave a lot of share to employees and to Frank. They also admit that stock holders share are being diluted by selling shares and can't see any dividends in the future. The forward looking statements are statements made years ago that never materialized. The whole report is depressing.
Why haven't we at least heard of postponement of the settlement if that is what is happening... positive news of any kind would be appreciated.
Another depressing day for WLGC shareholders
I posted a link for pursuing action against Frank and wlgc but after I actually read through it, it wasn't really helpful. I have gone through this link and think it might be closer to what we want.
https://www.sec.gov/whistleblower
A person can actually get paid for exposing Frank. We need a list of questionable actions. The following is things I have come up with.
- CEO paying himself $500000 for bad RPX deal
- where did stock holders money vanish from RPX deal along with GE, Oracle, and Groupon?
- Stock movement in past days before announcement showing insider information being shared.
- Mike Flomm being paid off to not blow the whistle
- The many so called deals that have never materialize but have caused people to invest.
- The lack of communication with shareholders about company's activities
- Shares sold by WLGC to Frank's associates cheaply and allotting himself extra shares and warrants increasing his position
- Frank's previous ventures with other companies where he defrauds old ladies out of their money.
-Frank telling shareholder that stock will be worth 5 to 10 dollars as part of his pump and dump process
There are more concerning actions by Frank that I can't remember off the top of my head. Maybe others can add to the list and we can submit our concerns
Hello Tango... obviously you don't know Frank and how his only concern is his personal bank account. I bet he is setting up his next fresh venture scam that he can con good folks out of there money. That is why he doesn't respond to WLGC share holders. Why nobody is buying is because nobody believes in this jack ass of a CEO
That RPX deal still yanks my chain. I think Frank committed a crime when he paid himself 500K as a finders fee for that horrible deal. Isn't that what CEO's get paid to do (except the bad deal part)? If I had the money I would have a legal representative look into that deal.
Maybe Frankie is in the Cayman islands with all our money. But on a serious note... has anyone ever experience a company that acts like this? Doesn't communicate via press releases, phone calls, or web page update... very frustrating. If I only knew while buying what I know now, I wouldn't have bought and I would have put my money elsewhere. Frank, you ass wipe!
Sad but true Ben. The truth is not great to hear first thing in the morning... kind of puts a negative spin on the day. I only check every morning hoping for something to happen and I am always disappointed with Frank. What a smuck! No wonder he doesn't answer his phone... he doesn't want to hear our negativism either. He just wants to count his con money. Did I already say smuck?? How about a new adjective.... ass wipe.
Try to have a good day guys.
I was wondering the same thing. Nothing has changed with word logic. They continue to keep people in the dark. I also always wonder what happened to the Orca partnership that was going to generate a good revenue stream? GE deal faded away too without a peep out of Frank as to why. What happened to all those handheld companies Frank said were interested in WLGC? It is driving me crazy that Frank doesn't feel the need to be held responsible in keeping stock holders informed! No one answers the phone at WLGC?? Is this public company or a shell for Frank to commit fraud?
Of course it's going to be late... Frank's mom has lots to do.
You know, if Frank was smart, he would get the settlement based on all the phones sold with our infringing technology. Then get a licensing agreement from Microsoft for all future phones that have or technology. If only Frank was smart.
THANKS! That isn't too long. Hope they don't put it off again. If it was really positive, I believe Frank would be leaking it out to his cronies and the volume would reflect that but no volume. So is deal gonna be great or another pay Frank only kind of deal. He better not charge a finders fee for this one either.
A long timer with a big stake in WLGC should buy a couple shares at 50 Cents to drive the price up. Then buy a few more at even more. Is that not a good strategy?
Can you tell me the new date please
Please, somebody explain to me why someone sells only 925 shares or why someone buys only 925 shares. That is like $50 which isn't much more than it cost to make the transaction in the first place. So please someone, explain it to me. Seriously... tell me.
WTF.... Word logic, specifically Frank, doesn't know his head from his asshole. Guess he needs time to sharpen his crayons and draw new better pictures that Microsoft lawyers can decipher. What a clown.
Frank doesn't read these posts and told me all us guys on this site are idiots and know nothing. So if he doesn't read these post, maybe he will read my comment on word logics site under latest news.
http://ir.wordlogic.com/?p=36
Bet you the comment at the bottom of the page is removed immediately.
Actually I just realized it is waiting moderation so it won't be published. Can't have the truth getting out.. but maybe Frank will still read the comment and see what we think of his con he has going on.
PLEASE FRANK... STEP DOWN AS CEO AND GO AWAY!!!
How do you know there is not shorts on this stock? Seems like a great stock to short. 13 years of steady decline and mismanagement.
Why would Frank give up his CEO position that is making him money for doing nothing? Like I said before, he has given himself and his cronies a lot of shares to secure his position. However, I imagine his cronies he has dazzled with bullshit is tired of him too by now.
I was lied to about this stock going up significantly in a couple of weeks, possible a month... that was over 5 years ago and the stock has done nothing but go down. Frank kept on telling his cronies new angles he's got going and it is just a matter of time till our fortunes materialize. He obviously is a lying cheating snake. Kind of like my last girlfriend.
Everyone knows this about our CEO but nobody does anything about it. The one time we get a little money from a horrible deal, Frank pockets 10% of it and calls it a finders fee. He squanders the rest by being stupid. I guess if we are gonna just let this degenerate get away with it, we should all sit in a circle and join hands and pray to God for intervention...
I just watched the big short movie which was pretty good. Now if I was smart enough to short word logic when I entered, I would have made a good chunk of pocket money. So I am wondering how many guys have shorted Word Logic? If Frank doesn't screw up and word logic produces financial gains for the first time in years on the 18th, what does that do to the guys with the short position? I wonder how many shares actually shorted? With the rise in price, the short position could be scrambling to get out driving the price even higher. However, is Frank going to bail them out by selling these sharks shares for peanuts like he always does? Who am I kidding, Frank's pocket lining will definitely screw this up but he'll tell you with a smile that we have precedence for future law suits so don't worry about me selling out... we'll make tons in the future...
I totally agree and would support such a plan and take over. I know I rant about Frank but a lot of what I say has merit no matter how crude it comes across. I have the time but unfortunately I lack the intelligence and legal connections for such and endeavor. However, I too would support and assist in anyway I could to remove Frank in order to put Word Logic on the proper prosperous path. It would be hard to accomplish knowing how Frank has diluted the stock by giving himself and his cronies a near majority of shares for profit and to ensure his position. Therefore, we would need to scrutinize every action and transaction that Frank has done and look for something illegal to have him removed...
I also think we shareholders need to actively do Frank's job and promote the lawsuit, other potential infrigements of patents, and value of software in every public forum we can. We need to make WLGC relevant and on peoples minds.
just my ignorant 2 cents.
So it is official. Microsoft announce official acquisition of swiftkey but of course no mention of word logic lawsuit settlement for infringement.
http://www.androidheadlines.com/2016/03/swiftkey-is-now-officially-part-of-microsoft.html
And good old Frankie and wlgc is remaining silent. Why does Evanshit hate the shareholder so much and willing to take peanuts like the chimp he is?? He is not smart enough to capitalize on news and pumping up the stock. It's a crime watching him operate or should I say not operate.
Microsoft buys swiftkey who has to settle law suit with word logic. I wonder how much money microsoft are going to throw at WLGC to make it go away? Swiftkey is kind of useless if microsoft can't use it due to infringement.
WHY IS WORD LOGIC "PLEASED TO ANNOUNCE" A DELAY IN THE SETTLEMENT????
I agree Ben. Mr. Evanshit is making a mistake selling off shares for nothing at this time. This would be the time to suspend his dilution tactic and let the stock rise. Communication through media outlets pumping up the stock wouldn't hurt either. However, I don't think Frank knows anything about social media and its value which is ironic since our software is the foundation of that very thing.
You look at the financial quarterly's and see that Mr. CEO gives himself, associates, and his cronies shares at a fraction of what the market price is at that particular time. I am not sure how he can do that but it is done. This guy is soulless when it comes to us share holders he doesn't know but conned with lies and promises.
They should make Frank a case study at Universities of what not to do when becoming a CEO. The final chapter yet to be written is Frank being led away in shackles to 6X6 room with bars or better yet, found with a bullet in his empty head.
February 29 is settlement date which happens to be a leap year day. Is this the day that Word Logic takes a LEAP forward? The previous ruling in favor of Word Logic should make this day a very positive one. It is curious that there is not greater volume being traded with the day being so close. I guess people either don't like money or have given up on Frank.
The crappy RPX deal frankie lined is pockets with, is there a time limit on it or is it like forever?
Good morning Value-guy. I like your focused analysis using numbers and conservative speculation of what realistically should be. You obviously are a good trader and if I ever get out of this stock, I will be following you and asking advice. However, the one thing you neglect to factor in your analysis is the screw up Frank Evanshen who we have the displeasure of calling CEO. That alone brings the stock down.
How does a guy with no money to burn get a guy like this investigated for practices unbecoming? He needs to be removed.
Please keep up your positive speculations though. It is refreshing in my depressed financial life. Thanks.
I just heard from Frank. The stock is going to go up to 10 bucks per share... opps, that is what he said 5 years ago.... my bad.
5 cents.... yippeee. Only nine dollars and ninety five cents to go.
What is to prevent any other infringers to hide under the RPX umbrella??? Good deal Frank you stupid asshole. At least you got your $500000 finders fee for that deal. Hope you have a heart attack and die you son of a bitch.
Pump and dump Frankie you piece of crap. Not very smart to dilute his own shares during this finalization of suit but I guess he knows better. I must be crazy thinking if people believed there was value in buying the stock at this time and frank wasn't dumping, the stock would rise??? Someone tell me why he is doing this??? The stock is never going to go up if he keeps giving the shares away!!!
Google Frank Evanshen and you will see what a piece of crap slime ball he has always been. Praying on other people's life savings. I wish he was dead!!!
I think Frank's janitorial is doubling as his accountant so they take a little longer to calculate the numbers.... especially since they are illegal under-aged immigrants from Mexico who can't speak English. It is ok though cause Frank Evenshen gives them a sealy to sleep on in his basement's cold seller after they've finished his dinner and choirs. They should be lucky to have their 6 hours of sleep... next to the furnace.... frank's a saint.
Anyways... I can't take your money on that bet cause we dumb-ass long timers know I am right and it is going to be late...
Go Word Logic
Who wants to bet that the quarterly report is late again? I will give you 2 to 1 odds.
Lets put this into proper perspective so everyone is clear. Frank sold over 26 thousand dollars of stock today that is worth .035/share. A stock that should be north of a dollar if we had the right leadership. So his petty greed (probably sold to his cronies) diluted our shares since the outstanding shares count went up an additional 750 thousand. This lawsuit is a winner (inspite of Frank's inept input) and those shares he gave away are worth at least 30X that.... SOMETHING CRIMINAL IS GOING ON!!! HOW DO YOU STOP THIS CLOWN???
Thanks Ben.... I wanted to comment (vent) about the travesties of Frank but what you said says it all.... we all feel the same about frank the criminal.
I just want to know why Frank doesn't give stock holders any social media feedback when our company is a social media device??? Does Frankie even know how to use his own software? Every other day Swiftkey has news... Word logic, every couple of months if we are lucky. FRANK, YOUR JOB AS CEO IS TO PUMP UP OUR STOCK TO MAX VALUE (NOT DILUTE AND FILL YOUR POCKETS)... YOU SIR ARE A TOTAL FAILURE IN EVERY SENSE OF THE WORD! I STILL QUESTION WHY HE PERSONALLY GOT 500,000 AMERICAN BUCKS FOR THE RPX DEAL THAT DID NOTHING BUT HURT US SHAREHOLDERS???
Sorry Ben, I guess I needed to vent more than I thought... sorry