"I don't understand why they don't take the offers to sell the business coming their way"
What offers? I don't believe there has ever been a legitimate offer on the table. That's because management would never allow a full audit of its' books. To do so would reveal the extent to which management has been looting this company, and open them up to criminal charges. Once again the SEC proves how weak they are.
It could be worse. You could be dooshbg sitting with 45,000 shares of this garbage. There is no market for IDSY stock. I tried to tell him. What a moron!
Anyone who buys into this roach motel deserves to lose their money! Company is a disgrace. Self-serving management is a disgrace. I hope the SEC catches up to these guys. Miller, if he was smart, would start to detangle himself from this fiasco. Management is making him look like a jerk.
Good luck dooshbg trying to sell your 45,000 shares. And why would a potential new customer consider a strategic relationship with a vendor whose very existence is in doubt. Company is clearly in a Sell or Die situation.
Everything dooshbg posts about me is a lie. I' ve said this over and over again. On the other hand, dooshbg never denied he is hoping for a sexchange operation. I LOVE GETTING UNDER DOOSHBG'S SKIN!
Dooshbg from 9/15/14
"ignore list: dowface, caseyboy2, beefstu57, billyteex1
As you can see, dooshbg can't ignore me even if he wanted to. I really do own this poor dumb schmuck. All he had to do was apologize for the lies. Dooshbg is a know-it-all, over-analytical moron who is still waiting for that sexchange operation. Maybe when he finally transitions he will be more understanding. In the meantime, I LOVE OWNING THIS POOR DUMB SCHMUCK! IT IS SO MUCH FUN GETTING UNDER DOOSHBG's SKIN! HAHAHAHAHAHAHAHA!!!!!!!!!
And why would a potential new customer consider a strategic relationship with a vendor whose very existence is in doubt. This is a clear case of Sell or Die, IMO.
"Amazing how utterly stupid you are"
I'm not the one sitting with 45,000 shares of garbage. HAHAHAHAHAHAHA!!!!!!!!! YOU POOR DUMB SCHMUCK! Let's hope your kids didn't inherit any of your DNA.
HAHAHAHAHAHAHAHAH!!!!!!! YOU POOR DUMB SCHMUCK!
Assumption # 1: Jagid was forced to resign.
More likely: Jagid saw the handwriting on the wall and decided it was time to go but not before negotiating a very lucrative resignation package.
Assumption # 2: Separation package was part of a pre-existing employment agreement.
More likely: Jagid leveraged his inside information about the company to walk away with an unheard deal.
If you want to make the assumption that Jagid was "forced to resign", then why not make the assumption that he was given an extremely generous termination package in order to keep his mouth shut. It always comes down to management before shareholders. That's why IDSY is a POS and why you were right when you posted," IDSY represents everything wrong with America today." The fact that you claim to hold a large position in the company suggests that you are a gullible schmuck.
Woodcliff Lake, NJ, March 3, 2014—Kenneth S. Ehrman, founder and President of I.D. Systems, Inc. (NDAQ: IDSY), has been named interim Chief Executive Officer of the company, effective March 2, 2014. He succeeds Jeffrey M. Jagid, who has resigned from his employment with the company. Mr. Jagid is expected to continue his term as a director of the company but will no longer serve as chairman of the board of directors. To identify additional candidates for the CEO position, I.D. Systems’ board of directors has engaged Lancor, a global executive search firm.
“We would like to thank Jeff for his dedication and leadership during his tenure with I.D. Systems,” said Harold Copperman, Lead Director of the company’s board. “Over the course of more than 15 years, Jeff has made many contributions to help the company become a leader in wireless M2M solutions. We appreciate his hardwork and wish him well in his future endeavors.”
Once again, dooshbg is in denial. Can it be any clearer, Jagid resigned. Whether you call it severance or hush money, Jagid left with a boatload of money. Is this another example of IDSY taking care of its own? I'm sure Jagid has enough information to send these clowns to jail. The only thing dooshbg got right is that "IDSY represents everything wrong with America today." INVESTORS BEWARE!
Former CEO left with big,big severance package. Hush money? As dooshbg once stated, " Idsy represents everything wrong with America today."
If he liked IDSY at 4.50, he must really love it at 3.80. Over-analytical dooshbg is too stubborn & stupid to see the big picture. If he had any brains he would start unloading.
IDSY has a track record of exageration, deceit, and mismanagement, IMO. I wouldn't believe anything they put out. This is a sham company run by egomaniacs who target gullible schmucks. The SEC needs to take these people down, IMO.
Admits to being "stubborn & stupid". I guess he changed his mind about ignoring me. I OWN THIS POOR DUMB SCHMUCK! I feel sorry for his kids. HAHAHAHAHAHAHAHAHAHA!!!!!!!!!'