Pluristem Therapeutics Inc (PSTI)

[Scott999]

Wow EichKing you make me look like a softie when it comes to the twins. I understand why. Your post made me want to take a look around a little on the experience from the head twin. A little surprised what I found, but I haven't even started looking yet. Just a quick search of the twin and Elbit Vision Systems got me this. I look forward to hearing anyone defend these clowns after reading this. Your turn will come Yaki. I have an extremely long day tomorrow and need to sleep. Thanks Eichking.

Seems like Augusr 21, 2002 he was made CEO of Elbit Vision Systems and on that same day, Yaki was made CFO and Secretary. He was hired by them and they had whopping quarterly earnings of $2.1 million quarterly.

Here's the resume which Elbit bragged about. Notice the unemployed from 1996

https://www.thefreelibrary.com/Elbit+Vision+Systems+Ltd.+--+%60%60EVS%27%27+--+Announces+2002+Second+Quarter+...-a090569692

"Mr Abermann has 15 years of experience in managing industrial companies, international marketing of breakthrough technological solutions to automotive, aerospace, metal industry, and flat panel manufacturing, as well as experience in establishing and managing start-up companies in the software development, chip development, advanced system development, chip development, advanced systems development, flexible automation inspection and image processing. Mr Abermann served as president and CEO of "Robomatix Technologies" from 1987 till 1996. From 1996 Mr. Abermann focused on foundation and management of high tech companies active in various fields."

On a good note, upon looking at what Robomatix does, I found the following. We found some pharma experience...first aid kits. LMBO

Robomatix Technologies Ltd., through its subsidiaries, manufactures, markets, and sells first aid kits primarily to the automotive industry in Germany. The company also engages in the marketing, sale, support, and service of communication equipment, such as switch boards, contact centers, CTI systems, and interactive voice recording systems in Israel. Robomatix Technologies Ltd. markets and sells its first aid kits to retail stores and car manufacturers through distributors and independent agents. The company is based in Tel Aviv, Israel. Robomatix Technologies Ltd. operates as a subsidiary of Tiv Taam Holdings 1 Ltd.

Now he stepped down from Elbit in December 2004. He did his job apparently and Elbit acquired Scanmaster, then let Scanmaster's ex-CEO take over, who was then a director of Elbit. Wow nothing fishy going on there. Great experience though I guess. LMBO.

Zami Aberman has stepped down as president and CEO of Elbit Vision Systems, the Yokneam-based company announced yesterday.

Elbit Vision Systems, whose share is listed on Nasdaq's bulletin board market, was trading down 3.5 percent by midday yesterday.

In its statement to the exchange, Elbit Vision Systems said that Aberman had taken over the company "with the goal of forming and executing a comprehensive turnaround plan. As part of the plan, the company acquired ScanMaster Systems (IRT) in September 2004". Therefore, it noted that Aberman's departure followed "the successful completion of the acquisition of Scanmaster."

The CEO stood down as of Sunday, December 26, and Menashe Shohat, who is currently serving as a director of Elbit Vision Systems, was named the company's new CEO. Shohat, himself, had previously been CEO of ScanMaster, and was instrumental in the successful turnaround of that company, taking it from a long period of losses to profitability in less than two years.

Aberman said yesterday that he had fulfilled his function at Elbit Vision, which is ready to move onto the next phase of development. He acknowledged that he has a new job but refused to divulge what it was.

Elbit Vision, which supplies inspection and quality control systems for, among others, LCDs, FPDs and bare wafers, has gone through an accelerated process of expansion in recent months. In June, it acquired a 51 percent interest in Yuravision of South Korea, which develops inspection systems for liquid crystal display manufacturers. In September, it bought ScanMaster, which develops ultrasonic inspection equipment for the automotive, transportation and metal industries. EVS paid $8 million, of which $3 million was in cash.