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Re: insighter post# 153568

Saturday, 06/21/2014 3:38:05 PM

Saturday, June 21, 2014 3:38:05 PM

Post# of 157299
I forgot revenues and sales. How is that for objective measure? Phipps part-time side shows positive cash flow, while Glenn's many full time head count side shows negative negative that he offsets using GTC numbers. Glenn's side of the ledger shows a history of NO FRUIT as far as sales revenues and income cash flow goes. Only extravagant salaries (compared to actual negative income cash flows).

Fyi, as shareholders, we are not investing in a charity here but a for profit company. People who lose money for the company not to mention not making enough to cover their own salaries and pay people their due should have no part in it going forward. Otherwise the company withers and gets strangled to death from salary costs and business costs alone, which we seem to be. We have had 4 years of the same with no sign of improvement.

We need a capable person at the helm to change things around. Now before it is too late.

Take whatever is left from the hands of this proven unfruitful entity, and put it in the hands of a proven, capable and trustworthy management who can grow and nurture the business please! You-know-who badly needs to resign.

The shareholders have got lynched badly enough by allowing an unfruitful manager to continue for too long. All IMO.

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