You are holding on too tight! Please read what I have written objectively, get your blinkers off and do something to help your cause and your fellow investors and give me a few answers. Looking at your replies, they do not move the debate forward an iota.
"Schnowzer, funny how all these posts try to state that they are neutral but also contains disparaging remarks about someone while finding it imperative to praise AS on the way."
I wouldn't recognise Sigalla if I tripped over him. The only information to be gleaned from many of Hot Copper's posters to date is that he likes his food. Not very useful information but a pretty petty attack.
"...Dr/Mr/etc Chew seems to be a medium sized asian investor. What are his motivations and resources."
He has 2 million shares which makes him a medium sized investor, an asian name and I do not know what his motivations/resources are; that is why I asked the question. Was he involved in the Malaysian cock-up?
"Andrew Sigalla did a good job of raising cash for the start up and was asked back but recently has been vilified by many posters even though he is just as big a holder as Mr Chew. What has he brought to the company? Cash, know how and impetus. The board have got the Anixter deal and an LOI with Dell but no cash has yet been seen in the bottom line. Will Anixter deliver cash soon?"
Is that not what he did, good upfront but hasn't delivered downstream?
"The last time I heard, Schnowzer, the shareholders are not asked to choose between AS and Dr Chew. They have been asked to choose between Mark Bouris and AS before he decided to take the convenient way out?"
If you look at the post it asks for info about the players and says the board protagonists are Casey and Bouris. If I turned up, formed the Schnowzer group and said I wanted to put Sir Fred Goodwin in charge, you would be equally sceptical. So I say again:
"On to the new board protagonists:
Paul Casey, a decent round at the memorial and a pretty light weight airline executive from what I can see. The travel software start-up doesn't add much value but Sennet Capital might provide a decent capital stream, maybe that is what he brings to the table.
Mark Bouris set-up Wizard Loans (whoever they might be) but does not have any direct experience that I can see with tech. I recognise a good manager can manage anything but what will be his key role? He might add pezzaz in the aussie market but is unknown anywhere else in the world.
Mr Ting has an impressive resume as does the dutchy but the are clearly in the game as reps for Mr Chew and Klass. It seems Mr Bouris doesn't want to put his money into the company but perhaps risking his reputation suggests I might still have a nugget rather than a lump of fool's gold.
Who has the best chance of bringing in Capital and eventually the bacon? Mr Casey or Mr Bouris?
So please can someone with some pucker knowledge provide a business case as to what the proposed new board might bring and what a board under Mr Casey might bring. Don't just stick to the strengths lets also look at the weaknesses and then we might be better able to decide who to vote in."
All I know about Klass Pool is that he posts some sensible articles here but does that make him the right guy to initiate a hostile take-over? Unless both sides can cut the petty bickering and focus on the facts they will not get their message across. I have only one motivation and as yet no one has given me a sensible reply. I want to leave the rhetoric and propoganda on one side and make sure that my horrific paper loss turns into a profit by getting the right board voted in. Please help me!
Schnowzer
TZL Price at posting:
$1.08 Sentiment: Hold Disclosure: Held
