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FAB Universal AO Common Stoc Message Board

  • lbcb321 lbcb321 Jun 11, 2014 3:21 PM Flag

    What happened to Laurie Sims?

    She is currently listed as "President" on the Management Team link on the FAB website yet the last 8-K was signed as:

    Name: Christopher J. Spencer
    Title: CEO and President

    When did he become President replacing Laurie and was there a required 8-K for this as it is clearly an 8-K triggering event. Or... he has been listed as President for years. Is Laurie Sims the new President and Spencer retains his CEO title? At any rate... the website does not match with their filings and yet another red flag for incompetency if they don't even know who their Executive Management Team consists of.

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    • not clear

    • Every 8-K issued last year has the below as its signature. Could have easily research that in under a few minutes. Stop being lazy. Laurie's Facebook and LinkedIn profiles are the same as well in case you want to actually do some research.

      Name: Christopher J. Spencer
      Title: CEO and President

      • 1 Reply to djt1223
      • = Could have easily research that in under a few minutes.

        Hey, D-F... I am the one that pointed it out he has signed as President for years:

        "he has been listed as President for years"

        I gave you the EXACT titles from the Management Team page on the FAB Universal website. It clearly lists 3 people on the Management Team:

        Chris Spencer
        CEO

        John Busshaus
        Chief Financial Officer

        Laurie Sims
        President

        Note it says below Chris Spencer "CEO" and NOT "CEO and President".

        Speaking of lazy and incompetent... their website is still full of references to "Wizzard" and not "FAB Universal". This company is a joke. Spencer and Busshaus thought they would have unloaded all their worthless stock by now and moved on to Future Healthcare to con some new fish. They were clearly asleep at the wheel and failed in their oversight duties and rubber-stamped what they KNEW to be impossible inconsistencies in their filings.

        So what do you say about that, D-F? Have you even verified what it says on the Management Team page or are you just going to look like an idiot because you question my "motives"? It is so easy to spot the clueless idiots on these boards. They blindly believe in those who have harmed them while dumping on those who expose them and point out verifiable information as to their incompetence.

    • LB

      Trivia everywhere but not a drop to drink. Go mind your carrots. This is trivia. Laurie, as I understand it, heads up the one web communications unit. She is perhaps senior management but I would be surprised if she is an officer covered by any filings requirements. I think you are wasting our time. Why don't you file a SEC complaint if you think you have something? No need to report back here...

    • She's the President of one of FAB Divisions....Libsyn (podcast).

      You ought to at least learn something about a company before investing your life savings shorting it because of some article on the internet.

      "FAB Universal, the parent company of Libsyn, is looking for Libsyn to generate $1 million of profit this year, a first for the podcast division. FAB Universal Corp. expects to generate Revenue between $98.9 million and $102.6 million for the full year 2013 and expects after tax Net Income between $19.3 million and $20.1 million for the full year 2013.

      “It is an exciting time for podcasting and we are well-positioned for substantial revenue growth with the Libsyn platform, our mobile strategy and monetization opportunities for our producers,” said Laurie Sims, President of Libsyn. “Our strategy has always been to provide producers with the tools to distribute and monetize podcast media and today we remain the premier podcast platform in the world. We expect to see even more opportunities for hosting and monetization revenue in 2013.”

      Sentiment: Hold

      • 1 Reply to joebigbuck
      • =You ought to at least learn something about a company before investing your life savings shorting it because of some article on the internet.

        The lies continue from poor Joe. "Life savings"? LMFAO! A drop in the bucket. I would have been happy making 20% with the red flags I saw in their filings. It was just a bonus they were a fraud and I will probably make closer to 75%.

        = because of some article on the internet.

        Yet another of your tired lies. You still haven't explained how I "fell for the Carnes Scam" when I shorted before any of the "reports" came out. I showed you my contemporaneous post from another board where I shorted BEFORE either Carnes or Geoinvesting posted anything.

        Why are you blaming me because the FAB website is incorrect stating Laurie Sims is the President on the Management Team page? More incompetence from them.

 
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