But why did Steele leave?
smartcookie, *any* news seems to be great news to you. If the headline read: "Quintek files for Chapter 11", I'd have no doubt you would be telling us how great for the company it was. You've been telling us for months that something big will be announced ... hindsight has shown you were just blowing smoke up everyone's arse.
I think Steele saw he was not going to be able to significantly grow this company, so he jumped ship before it completely sank. The PPS is certainly sinking, and will continue to sink with this Cornell deal, unless something huge is announced. I wonder how long Haag is gonna stick around. Those two sure jacked their salaries quite nicely to boost revenue, even though the company lost tons more money in the process. I notice that little tidbit was left out of the PR. LOL!! They took this company from .04 up to the .20's mostly on smoke-and-mirrors and bogus sales projections. Now that they couldn't come close to delivering on those projections, Steele quits with the PPS at all-time lows. Right!
Glad I bailed when they raised the A/S the first time.......