Thursday, August 22, 2019 11:41:26 AM
Our company develops and sell software solutions and I have come to understand it is more than just a working product needed. It has to be stable, reliable, repeatable and cost effective compared to the competition or the alternative. Our company has in the past worked with Explore Technologies and know from first hand experience that the product was very dependable and used it for multiple applications. I don't know Tom Wilkinson personally but do know that in my opinion for this company to move forward, gain any industry credibility and make shareholders a possible return on their investment, the old regime must be completely disassembled and someone with prior CEO acumen in putting together a team, bringing software and hardware to market put in place. In reading his bio I believe Mr. Wilkinson has the experience to move this forward and there should be plenty of funds left to accomplish this if the product line can be reintroduced and possibly rebranded. He should have plenty of contacts in the industry to open doors if the product is viable.
A few concerns that I have are:
Dr. Carlsen's loyalty at this point and how much control does he have and what roll will he play in future development or will he go down with the rest? Is the source code protected and owned by the company? What entity or entities have the controlling interest in this company since so many shares may have been misappropriated.
I will chime in from time to time but do not engage in frequent conversation on these boards. These are my opinions and wish all stockholders good luck with this next chapter as it's been a long journey for some.
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