Volume is extremely low, so the "action" needs to be viewed in the context of nothing significant happening at all.
You can look up his street address in the bankruptcy papers, along with all of the other people who were responsible for this train wreck. Stunning porch, grand piano and back yard! Well done, you lying, deceptive POS!
That really blows my mind. He makes as much as CEOs at companies with a $500M market cap. Did I mention the fact that he awarded himself 381,000 free shares of COOL stock in July??? This guy is absolutely shameless. What a POS this thing is.
Wow, you can't even write the guy's first name it's so bad. Make that Richard Lynch! Thank you sir for your brilliant stewardship of this POS. Much appreciated!
This is what a Benzinga editor reported earlier today. If you don't believe me, look it up yourself.
Sleazy work on the part of shorts here.
Glassdoor is a website that allows former/current employees to provide reviews of CEOs as well work/life balance, culture, career opportunities, etc. Out of 18 reviews, Russo gets a 100 percent approval rating. That's very rare (many people on Glassdoor take the opportunity to anonymously bash their employers) and worth noting.
The Glassdoor website provides company reviews by former/current employees. Raouf gets a 27 percent approval rating. Someone in Febuary 2013 posted this (I will pay attention more closely in the future):
I have been working at Mindspeed full-time for more than 3 years
Pros – Great technology
The people "in the trenches" are very friendly & smart
The weather in NPB is lovely
Relatively little politiucs amongst peers
Cons – Absolutely appalling management, among the worst I have ever encountered.
Complete absence of strategy and minimal plans. As a result a lot of confusion, random changes of direction and very stressful sudden urgent deadlines.
A strong culture of blame, shouting and bullying from the top down.
Very poor communication.
Shareprice, revenue & profit all declining.
No co-operation or communication between groups: they might as well be different companies. No product line synergy or coherent planning.
Advice to Senior Management – Think of the shareholders: retire & hire better replacements
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
Thanks ever so much for incinerating millions of shareholder dollars with your snake oil and lies. Good luck finding a new job.
Let's be clear about it - there is no reason to have any confidence in this POS company based on their consistent track record of over-promising and under-delivering.
OTC is pretty lax when it comes to this rule. They have to miss the deadline three times within a two year period to lose the listing on OTC.
That's a BS urban myth that's been floating around the web for months.
You, on the other hand, spend your quality time writing dimwitted bigoted rants on a cheap public message board. What a contrast.