"Steve agreed at that time to be a consultant to management as a rep for the large share holders. This was done with no fee to anyone. Jan 1st of this year he took the role of Financial P.R. Advisor to NTWK. The company knew at that time he was still alligned with the large shares holders and would do what he thought was best for NTWK. If it meant going against current management that`s what he was to do. Remember he is a middle man between management and the share holders."
This explains very well what my impression is regarding Steve's position from what he told me. In my opinion, he has performed these duties as best as possible in the current atmosphere. I only feel bad that I have caused a problem for him, when he was merely trying to keep me informed as I asked him to.
"As for Sandy looking for proxies , who knows? She may work with Steve but has no ties to the company."
You types that know the ins and outs regarding investing know better how to interpret this than I do. All I know is that she was doing what I asked - keeping me abreast of what was happening, and letting me know what my support might offer for the good of the company. Noone from the other side has taken the time to get in touch with me and inform me what good the opposite position does for the company. I'm only left to assume that it keeps the Ghauris egos intact in that they maintain more complete control of their company. If this is going to be good for my investment dollars, I sure wish someone would reveal such line of thinking so that I can make a more informed decision regarding which side I should support.
But, at this juncture, the Ghauris egos have only lost thousands of dollars for me, so I am ready for a change. Either by supporting a change to the structure of the board or by a change being proposed by the present board which will enhance revenue stream and profits, AND CUT SOME OF THE LOSSES AND DEBITS. AND CUT OUT ALL THESE STUPID LAWSUITS - I hate my money going to support or defend a lawsuit instead of developing or promoting a product/service. Whoever ends up on the board, get all your damn ducks in a row and start executing your deals correctly and by the book now, and go out and make some money. After all, that is why you get paid these rediculous 6 to 7 figure salaries, isn't it? If you cannot do this management right, lower your salaries to reflect your true level of competance. If you started making $40,000/yr because you couldn't get the company's deals right, or couldn't hire the appropriate people and instill an adequate level of loyalty to the company, maybe you would be spurred on to get it right so you could make your big bucks again. Go out and make me some money, and I will support you living better than you really deserve.
Anyone is quite welcome to foward THIS to the Ghauris also.
I am really tired of all this mess and desire a company that does good work, puts out an impressive product, markets their talents well, and is something that I can be proud to invest in.
