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Message: House of crazy chicken?

House of crazy chicken?

posted on Oct 19, 2009 01:37PM

Wow, been away a week in the italian mountains and as I look through the last week on this board, it was the best I could do.

Instead of discussing the possible backgrounds/implications of the RG/PB/SR-dismissal most of the posts are concentrating on bashing the BoD - how original!

For example this sentence shows one of the main reasons, why RG and PB had to go: "The Company will seek management with appropriate industry expertise to accelerate that growth."

RG had no experience in government/defense/healthcare and from my experience I know that doing business in these areas means you have to meet at least one requirement: You have to be an insider, otherwise you will have huge problems speaking with the right people and doing the right things (I have several big clients in the Software Business, who are partnering with government/healthcare specialists in order to get contracts, because they are not able to accomplish this by their own, though they are making between $ 1 and 2 billion revenue).

Next point I find interesting is that Eclat not only is supporting PTSC in their search of a new CEO, but also assisting "PDSG with the completion of its business plan and the acceleration of its revenue stream". This sounds not like a consulting relation only, but more like a possible partnership.

Last but not least, the phrase "major reorganization" IMO is more than just the dismissal of the three guys (lambertsluncatics was the only one, who tried to point at this) - I wouldn't be surprised to see some new "organizational stuff" regarding Holocom, Talis and Avot (maybe Mr. Burns as new CEO for PDSG?) in order to broaden the PDSG offerings from pure software to a more integrated package (secure software plus secure hardware etc.).

To make it simple: There are a lot of other things to discuss and speculate - the old BoD-bashing is boring and regarding the RG/PB/SR-dismissal NOT justified.

And 5 Cents down after the announcement of the dismissal is not the expected blood bath, but shows the (non-)importance of RG/PB/SR for the real asset of this company: The MMP.

GLTA

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