If you like a huge mountain of debt and a hugely topheavy overpaid corporate structure then it's great. Otherwise don't you dare be like me and own this dead company. The guy who ran it, Nick Jensen is still involved and just bleeds it dry, year after year. In the financials..."Dialogic has never sustained a profit". There is a reason for this - great product, HORRIBLE executive staff. Overpaid Dinosaurs with the vision of a bat. Miserable employees just waiting for the other show to drop. Executives and managers who refuse to recognize this. Collective talent left long ago. Now just a few very smart people overworked and underpaid. Coulda been a contender!
Sonus should not pay more then $78 million for DLGC.....That would be the $86 million in debt minus the $8 million in cash is $78...million...or this pup is going down & SONS will get the customers anyway....In Fact SONS should be taking customer right now,...That would be cheaper & better then buying DLGC......
Nov. 5, 2013 – Dialogic Inc., the Network Fuel® company, today announced that its BorderNet™ family of Session Border Controller (SBC) products has been named by Gartner Inc., the world’s leading information technology and advisory company, in the Visionaries quadrant of the SBC market. Dialogic’s BorderNet SBCs can lower costs, deliver enhanced voice and video connectivity, and provide carrier-class advanced security features, along with the option of delivering this all within a virtualized environment.
Service providers look to Dialogic® BorderNet™ SBC solutions – the Virtualized SBC, 4000 SBC and 2020 SBC – for rapid delivery of combined multimedia offerings across disparate network environments, including 4G/LTE, 3G and 2G network domains, with the flexibility to integrate future communications such as WebRTC. The BorderNet 4000 SBC and the BorderNet Virtualized SBC, recently announced to include software transcoding, solidify Dialogic’s commitment to giving service providers real-world solutions to deliver cloud-based hosted services, adapt to the needs of their data center environments, and provide a path forward towards implementing their Network Functions Virtualization (NFV) strategy.
“We believe our inclusion in the Gartner Visionaries Magic Quadrant underscores the commitment we have made to the SBC industry category throughout our BorderNet product portfolio, which includes deep investments in new products such as the BorderNet Virtualized SBC and new features like software transcoding,” said Kevin Cook, president and CEO of Dialogic. “Dialogic’s BorderNet family of SBCs provides a sought after mix of functionality and advanced features along with our global coverage and unmatched service and support that allow us to serve a range of different service providers. From tier-1 carriers to application developers looking to become service providers, the comprehensive BorderNet family is helping service providers worldwide transform their networks.”
Sentiment: Strong Buy
On September 17, 2013, the Company entered into an offer letter with Mr. Dennerlein (the "Offer Letter"). Under the terms of the Offer Letter, Mr. Dennerlein is entitled to an annual base salary of $300,000, less applicable deductions and withholdings, and is eligible to receive an annual performance-based incentive bonus with a target equal to 50% of his annual salary at the discretion of the Board, based on the achievement of performance objectives as determined by the Board and the chief executive officer.
In accordance with the terms of the Offer Letter, subject to approval of the Board, Mr. Dennerleinn will be issued stock option and/or restricted stock units with the aggregate value of $300,000, based on the closing price per share of the Company's Common Stock on the OTC Bulletin Board on the grant date.
So What is the grant date?
Converting $300,000 worth into shares will get him:
On Sept 17, 2013 DLGC was $0.90, 333,333 shares
On Sept 23, 2013 DLGC was $0.81
On Oct 18, 2013 DLGC was $0.50, 500,000 shares
On Oct 25, 2013 DLGC was $0.25 over 1mil shares
are two companies that would gain market share if merged with Dialogic. Sonus especially has been seeing declines in its legacy products in recent quarters and is looking to reinvent itself in the mobile space.
With roughly $200M in cash, Sonus is likely to look outside for growth. Dialogic would be a perfect match with its media gateways and mobile backhaul.