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Augme Technologies, Inc. Message Board

browndiane87 12 posts  |  Last Activity: Jun 27, 2014 1:34 PM Member since: Oct 13, 2010
  • browndiane87 by browndiane87 Jun 27, 2014 1:34 PM Flag

    Why is nobody calling for Barth's head? He is the CFO and presided over the ATM debacle. I can't imagine being allowed to keep your job after such an embarrassing and costly fiasco. I hope the new CEO cleans house. And again, what are 45 full-time employees doing when they sell through distributors???

  • browndiane87 browndiane87 Jun 27, 2014 11:28 AM Flag

    Terumo did exhaustive research on the technological advantages before deciding to partner with BSDM to distribute the MTX; it would seem that the challenge in the US has more to do with politics and big pharma/big money than medicine.

  • Reply to

    Green Day

    by saltshakers121 Jun 26, 2014 10:21 AM
    browndiane87 browndiane87 Jun 26, 2014 5:35 PM Flag

    Maybe one of those "Elephant Deals" that Ivan talked about a couple of YEARS ago that were coming in "in pieces." All of those Fortune 100 clients and they can't land any multi-year, multi-million dollar contracts. What a joke. I am very unimpressed with Stovall - has anybody listened to his interviews? IMO He comes across as clueless - it would be better if he didn't even talk to the press. Considering that he is steering the Titanic now, I am almost completely out of hope.

  • browndiane87 by browndiane87 Jun 26, 2014 4:06 PM Flag

    Pretty low volume today, all things considered. Not much panic selling.

  • Reply to

    Up From Here

    by flgopherone Jun 26, 2014 11:31 AM
    browndiane87 browndiane87 Jun 26, 2014 2:32 PM Flag

    BSD has 45 employees and they mostly sell through distributors. Outside of R & D, what are these people doing? Rather than trim the fat, they just continually dilute. Where is their incentive to cut expenses and under performing personnel? I have been long and supportive, but today's news is not good imo.

  • Reply to

    Rug pulled out form under Shareholders

    by working_jo_jo Jun 26, 2014 12:16 PM
    browndiane87 browndiane87 Jun 26, 2014 12:35 PM Flag

    My concern is: if they are "gaining sales traction" - whatever that means - then why the additional dilution? If sales were great and they had decent margins on the equipment sold through Terumo, they wouldn't need to dilute AGAIN.

  • Reply to

    Completely Irrational

    by lookbeforeyousleep Jun 24, 2014 12:30 PM
    browndiane87 browndiane87 Jun 25, 2014 2:28 PM Flag

    Indeed, and please take Warn with you. That cockroach was a hater even when he allegedly owned the stock, and now he keeps showing up to tell everyone how right he has been all along...it's so pathetic.

  • Reply to

    Completely Irrational

    by lookbeforeyousleep Jun 24, 2014 12:30 PM
    browndiane87 browndiane87 Jun 24, 2014 4:17 PM Flag

    That's ridiculous. I have personal experience with successful companies whose CEOs always have time for shareholder's calls.

  • Reply to

    Completely Irrational

    by lookbeforeyousleep Jun 24, 2014 12:30 PM
    browndiane87 browndiane87 Jun 24, 2014 3:44 PM Flag

    Just spoke with IR - the only solid info I got was that Todd will continue as the CEO for the remainder of the year, at least. They are totally focused on getting to CFBE, and continue to explore "strategic alternatives" (don't hold your breath). The cowards at the company are hiding behind IR...they are truly pathetic. Any decent CEO will take investor calls. He gave me the usual line about being busy running the company...HA!!!! I think this has a good chance of going belly up, and there is significant risk even at this price. What are they going to do if they can't reach CFBE before they need more money? The only option they have is do a r/s and dilute, leaving current shareholders with almost nothing.

  • Reply to

    longs

    by ucansticthefoolbsdmstuckbroom Jun 24, 2014 12:09 PM
    browndiane87 browndiane87 Jun 24, 2014 2:56 PM Flag

    It is good news, but the ATM debacle has created doubt about dilution going forward. They really screwed the pooch with the April offering. It's too bad. I think they should sell the hyperthermia business so they can finance the Microthermx product line without further dilution. Or sell the whole company to a larger player and get these products in doctors' hands so they can help people.

  • Reply to

    My thoughts...FWIW

    by hfb46 May 8, 2014 8:00 PM
    browndiane87 browndiane87 May 8, 2014 11:23 PM Flag

    After bringing the Chairman of the Board on during the last call, and announcing that they would be exploring strategic alternatives to "preserve shareholder value," I can't believe we are still sitting here facing dilution again at $0.27. I don't think they did an adequate job of providing an update regarding what's happening with the strategic alternatives or how they plan to address the cash situation. Something's gotta give, and soon. I think they are waiting for the Yahoo ruling to come down and then we're going to see a major move.

  • browndiane87 browndiane87 May 8, 2014 1:48 AM Flag

    So true...the only thread of hope I'm holding on to is the "strategic options" that they are supposedly exploring, and their recently granted $0.48 options. I'm hoping they know that those will be worth something before we're all dead and gone. All's well on their Facebook page though, it's all about kickball and birthdays! Woo Hoo!

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