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Author Topic: Horrible IBZT News out after bell.......
Esteban
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quote:
Originally posted by Mainetrader:
I agree, this company has been grossly mismanaged, poor vendor relations, poor supply chain management, literally vacationing when they should be focusing on the VKB product launch, misleading its shareholders, lack of proper planning, lack of common sense in releasing PRs, the list goes on and on. I'm not bashing, I'm stating facts. If the board of directors at IBZT have any brains they will relieve K.S. and those responsible for this debacle of their positions to restore some level of credibility and operational effectiveness to the company.

Has anyone seen a list of the Board of Directors? If so, please post the link / address.
Thanks,
Esteban


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Mainetrader
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quote:
Originally posted by Esteban:
Has anyone seen a list of the Board of Directors? If so, please post the link / address.
Thanks,
Esteban


I haven't seen a list of the complete board, K.S. founded the company back in 1979, I'm guessing he owns a large chunk of shares and presides over the board in addition to his post as chief executive. Rather than bashing the vendor when they couldn't deliver, they should have been using the past 2-3 weeks to make an alternative arrangement. Then they should have released a pr stating that Enterprise has failed to meet delivery deadlines, but we have picked up Vendor X who has promised delivery of the units by... This would have softened the blow and the PPS wouldn't have dropped nearly as much. They would appear in control of the situation.


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