Bomba, I cannot believe you and your ilk of "kill management" haven't bothered to use a little common sense rather than irrational anger over "NOT having made your million yet off of EDig". DAta Play had decent management and millions upon millions of invested funds behind it....It's gone....
Our "piss poor" management has kept alive a company that has had NO, NADA, NOTHING, ZERO, ZIP, ZILCH funds propping it up over these years yet has adapted to the times, has been through a horrific market and has deal after deal they have entered into and performed to the letter on, fall by the wayside, THROUGH NO FAULT OF THEIRS. How many Data Play's, Fujitsu, Lanier, Easttech, Hango, Intel should we bring up.??
The recent example of changing debt, which could have closed the doors if called, to equity which we will ONLY HAVE TO WORRY ABOUT IF EDIG IS SUCCESSFUL, shouts outloud to me.
Anybody see Data Play's investors rushing to change their debt to equity lately? I do believe they had a much bigger stake in doing so then the debt holders of EDig.
That a group/individual of debtees would contemplate doing this with a company with the track record of EDig's has to mean something very positive to me. If I were that group/individual the only way I would make this deal is if: I knew the management and had confidence in them to create an atmosphere where my investment would be a positive one: The business plan was a good one: The business the company does is in demand: The companies products are saleable, quality and in demand.
Do you think an investor just walks through the door saying to MR. Falk, "Hey Fred I know all about this and I want to throw some money at you"...No way....Management had to perform to get this investor/s to do what he/they did....
Management had have the expertise to put all this together. Management has to have a whole hellava lot more going for it than you or I realize or THIS COMPANY WOULDN'T EXIST..
Tell me Sir, What would be your qualifications for doing all this? Since you seem to know better how to run this company ......Regards, Frank
