Replies to post #904 on Electronic Game Card, Inc (fka EGMIQ)

[ambulance_blues]

Re: Could it be that maybe they told all of the perspective CEOs to screw off, you're not qualified?

Qualified for what? This is not exactly rocket science. They've had their pick of any number of business professionals in these lean economic times, and there's more at the door every day. BTW, Cole himself is hardly a qualified CEO in my opinion. It would be interesting to know what litmus test a guy like that would be using to pick his successor. Cole is about one step removed from scam artistry, judging from his former relationships with businesses that ended up bust/pink sheeted. EGMI is not 100% credible until he is gone. Which makes it more concerning to me that over a year of active searching has produced not a single soul willing to step in and assume command of what Cole leaves behind. Steinberg added a new twist to the story. We were all hopeful for big changes, though hindsight reveals no executive management changes had been planned after all.

I predict that without a full-time CEO replacement and legitimate cost structue, this stock continues to spin its wheels. It will likely pop tomorrow, or for a few days, and then sell off and base for a while. The single most important piece of news has yet to materialize.