I agree with you, however there is value in the customer base,...

I agree with you, however there is value in the customer base, but the question is if they would ever sell it, which I believe the answer would be no as long as the executives can still get their outrageous wages, without increasing the value of the company.

It's true that they grow by giving out share to buy companies but then they go and employ the previous owners at an exorbitant rate because they are major shareholders.

As an example Concept Networks Managing Director, Concept was bought by Eftel a couple of years ago, is now earning $171K per year......... Nice Job if you can get it, it also begs the question if it gets into to a fight between family members, or even other share holders who would want to see a change in Direction for the company, who would they cast there vote with.....

To many snouts in the trough in this company