Broadside Enterprises Inc. (BRSE)

[$pyrodog]

Source: http://camelotfilms.blogspot.com/2009/05/here-are-some-recent-questions-we.html

Question:

Research reveals that you're also the CEO of "Sky440, Inc.", trading as SKYF on the "Pink Sheets". Tell me, are there any other companies which you're the CEO of? Obviously, investors in CMLT are under the impression that SKYF won't detract significantly from your duties @ CMLT. Should there be any cause for concern?

Response:

Technically, Robert Atwell is the Chairman and interim CEO of Sky440 while the company searches for a new management team. As the largest stockholder in Sky440, Mr. Atwell had to take back control of the company last year because it had reached a point where he had to protect his investment and that of others. The company’s management had done the best they could under difficult circumstances, but it had become clear that he had to take action. This does not detract significantly from his duties with Camelot.

This is also the case with Emaji, Inc. Unlike Sky440, which has ongoing albeit limited operations, Emaji is just sitting. Mr. Atwell and others had invested a significant amount of money into the company over the years (most before it became Emaji) and took back control of the company to try to protect their investment. Once things settle down with Camelot and there is a new management team in place with Sky440, we’ll see what can be done with Emaji.

On both of these, we had to step in so we could hopefully avoid losing our investments in them. There should not be any cause for concern.