Replies to post #8829 on Electronic Game Card, Inc (fka EGMIQ)

[GWMAN]

I think before or by Jan 15, all this talk will be in the past:-)

[ambulance_blues]

Re: You're not taking into account any possibility that the D&O insurance slip=up and Schiff's waffling as to whether he returns as CFO could be unrelated.

You mean the possibility that Schiff planted the D&O excuse in Donovan's head, and Donovan bought it without scrutiny, and now KD is passing it along to investors as fact? I neither want a gullible CEO, nor one who takes his investors as fools.


"..I am the first to admit that the whole thing is fishy... but imo KD's credibility was tarnished the moment he tried to paint Schiff's hiring as fully meritocratic."

Understood. And if you think back to the time of the announcement, you and I were the only ones who hit the pause button. While all around was wild cheers of approval about the new CFO who was the so-called absolute perfect fit for this company. My, how things change in a few months! Here I am backing Schiff and hoping for his return, while his old groupies want to throw him under the tour bus.


"...Thus I've been having trouble gauging what comes out of his mouth for a while now. He's a marketer/salesman with a slick tongue (look how successfully he wooed gurupup the other night), but that in and of itself doesnt make everything he says suspect."

It makes everything he says suspect, but not neccessarily a lie. Even used car salesmen tell the truth when it is convenient.


"...I need to be convinced further that the smell test has been violated before I take drastic measure. Obviously, by waiting for more proof that something is off base would mean the price per share I receive when I do dump is lower than otherwise"

Well, as I said before, my take on it is that if Schiff doesn't want to get reinstated as CFO, I will scale back my posiiton as I would with any company whose highly regarded CFO bails for no good reason. It's just sound cautionary tactics IMO. And as for the shareprice, I'm betting that when they do announce a CFO - no matter who it is - the stock will have a 1-2 day bounce due to short-term traders who don't care about the backstory. It could be an opportune time to pare a position due to lost faith.