Being "revolutionary" is in VocalTec's past when they burned through lots of money. Now the objective is to make money by growth into int'l markets and through mobile apps. The wireless internet provider concept? Maybe down the road when market cap is in billions.
" WEST PALM BEACH, Florida and JERUSALEM , Dec. 17, 2013 (GLOBE NEWSWIRE) -- magicJack VocalTec, Ltd (Nasdaq:CALL), a leading cloud-based communications company, today announced it has appointed Timothy McDonald as chief operating officer (COO), effective immediately. He joins chief executive officer (CEO) Gerald Vento , who was appointed earlier in the year, and the rest of the magicJack management team.
"As COO, Tim will oversee marketing, channel management, new product and corporate development," said Gerald Vento , CEO magicJack. "Tim's rich experience in growing tech related businesses and his deep knowledge and relationships in the mobile space make him a tremendous addition to our core management team."
That is the interesting thing---no motions, no trial date, no nothing. I would interpret that as a sort of stalemate.
The slug has slithered out from under his rock again, I see. Time to hit the ignore button before the slime trail winds my way.
I don't recall giving a deadline of 10 days. I said I believed it exists but I say now that the company's emphasis and resources are going into market expansion.
I can't rate your previous excellent post about softphone ad space. Well done. It is visible but I cannot rate it. Weird.
You ran it past "a couple guys"? Great research! Company is embarking on big push into Latin America and beyond. Money is far better spent as investment in their own expansive growth. GROWTH is what is important. They care---about growth.
Do you have link to SEC statement of this new status? If it were true, seems to me there'd have to be one.