As the senior member of the Company's Board of Directors and Platform's new President and CEO, I am taking this opportunity to inform the shareholders of the resignations in January of this year of Keith White as President and CEO, Richard Cody as a Board member, and Paul Medina as Chief Technology officer. Keith White's sister, Lynne White and Patricia Spencer, her associate, keepers of the Corporate Records, also resigned at that time.
These resignations were the culmination of a failed coup attempt on the part of Keith White and his associates to take complete control of the corporation and force out its Board of Directors to the detriment of our stockholders. Without going into detail about the resignations, I would like to state that our attorneys are currently reviewing, evaluating, and preparing an appropriate legal action against Keith White and all individuals involved with him in this attempted corporate coup.
Following the resignations of the above individuals, the Company is now restoring corporate order and moving forward. As part of that reorganization plan, I accepted the position of President and CEO, and Nelson Wong has returned in his capacity of Vice President and Chief Financial Officer. The Company continues to move forward, developing prospective business for its SKYTOWER-911 System, RECOM-911(TM) and ROSETTA-911(TM) Radio and Cellular Interoperable Communications Systems, and we continue to make progress in our efforts to supply federal and state agencies with our products and services. Robyn Haylett is currently spearheading our Sales & Marketing activities, and we are presently involved in the prospective sale of our SKYTOWER-911 System, in conjunction with Ericsson, to the Port of Long Beach.
Our shareholders should know that the company continues to move forward in its attempts to finalize a settlement agreement with the SEC regarding the 2007 civil penalty judgment against the Company. We believe the judgment is unfair, giving the SEC an unjustified windfall at the expense of the Company's shareholders. In addition to attempting to resolve and settle the judgment award, I will do everything in my power to protect shareholder value, continue to advance our business and technology development momentum and make certain that we take all necessary steps to maintain full regulatory compliance to avoid any further controversies with the SEC. We also intend to make full use of the Company's website to keep our shareholders and the public informed of the Company's activities.
On behalf of the Board of Directors, I want to thank our patient shareholders and the dedicated management team that have made it possible for our company to survive and move forward despite enormous managerial and financial challenges, compounded by some of the most adverse national economic conditions in recent times. Thank you for visiting with us.
Respectfully, Robert C. Ettinger, Col. USAF (Ret.) President & CEO Platform Wireless International May 20,2010
CEO Robert C. Ettinger is decorated retired USAF col. Been featured on PBS, has a very strong and successful past in Technology management. From 1997-2006 he was the Manager of Flight Test for Northrop Grumman's Global Hawk Program, for which he was awarded the SETP's James H. Doolittle Award for outstanding technical management in 2005.
Finally, I have been watching PLFM for a few months and I see no signs of any dilution. It moves and trades just like it should from normal retail trading.