Doman has no equity. I believe he is plotting with his cronies to become permanent CEO... the problem is 50% plus of the shareholder base(without a lobby) want new blood.. but he and Grieco are digging in their spurs. They don't care.. they want our $ ,the fees, the salary .They are all crooks. totally inept. What's the stock price? Ask the Board of Directors where is the search for the permanent CEO? They don't answer e-mails and phone calls. IR doesn't return phone calls. There appears to be a gag order. What is the stock price everyone? I don't believe they intend on conducting a real permanent search to replace Mooney. Doman is their guy. Has been all along
I am long on ECTE. I believe in the $ potential for its platform in the critical care and eventually home care markets. I hold 8200 shares with a total investment of $50K - cost basis of $6.10. I will continue to buy on dips, but I'm holding out for $2.75 until I buy more.
Thanks for all the into seabiscuit. I was not impressed with Bob Domans handling on the deal with platinum partners. Imo that should have been done back in september. Platinum was willing to do it but it took Doman over 3 months. That cost the stockholders a ton of cash. I agree with everyone else. He must go.
Platinum introduced them in September. How much time do you think someone will need to do due diligence about a partner, negotiate favorable deal, write contract and verify by legal. I think they did a fairly good job but I suspect the filing of S-1 was to act in favor of Platium so that they can bring down the price of share.