Sonic Foundry Inc (SOFO)

[IAM5000]

Reading the most recent 8K report, The Chair comes to the rescue again. Need another 1/2M, no problem.
Mark doesn't really need to ingratiate himself w/SOFO. He owns 40+% of company already. Taking it private is already a done deal IMO. Makes me wonder if CEO Mozden was brought in or CFO Minor was paid to unretire to hasten the realignment of this issue. Private = employees & management safe/the headache of endless filings alleviated. Down the road this company can still be a great success. The only losers are those pesky shareholders who should have known this was a longshot from the get-go 25 years ago.