... conversation
Dear RMG Networks RMGN $RMGN shareholders, we must fight for a complete change. We are worth 100 Mill $ with the right CEO right Chairman and a trustful Board. The present CEO CFO Chairman and Directors must be fired sued and go in jail because of nepotism, defalcation, malpractice, violation of supervisory duties, immoral enrichment, fraud, willful lies, ...
The Chairman merger for 1.27$ (16 Mill$) is a joke/crime/fraud. Evaluation:
+ 37 Mill $ in revenue 2017 (with a new CEO RMGN can grow over 20% - signage market
average growth is 10%/year)
+ 40 Mill $ pipeline - CEO Robert Michelson told us in the conference calls over 5 years
our huge pipeline
+ Korbyt - CEO 3Q17 these segments represent a market of approximately $10 billion in
sales
+ KorbytGo and Inview - CEO 3Q17 this market segment is approximately $2 billion and
ties globally
+ Supply Chain - CEO 3Q17 the market size is approximately $1 billion in size
+ Consutancy - CEO 3Q17 We believe we can realize approximately $500,000 in 2017
from this new market segment.
Based upon the reaction in demand we are seeing, we see annual opportunities that
could exceed $2.5 million next year
and over $5 million in subsequent years
+ RMG Max - CEO 3Q17 additionally, we have a significant multimillion dollar sales
pipeline for RMG MAX going forward.
We are excited with the progress of our MAX LED initiative
+ R&D expenses almost 20 Mill $ in the last 5 years (our diluted money)
+ our great customers
- Robert Michelson - earned in 4 years over 2 Mill $ and bought only 40.000 shares on
market - BASTARD
- Chairman Gregory H Sachs founder of hedge fund Deerfield Capital Management LLC
- corrupt Board of Directors Director Larry Weber (Founder of Racepoint Global), Director
Jeffrey Hayzlett (The Hayzlett Group), Director Alan Swimmer (President of Prescient
Ridge Management) and Director Jonathan Trutter (worked for Deerfield for our
Chairman)
+ Donald Wilson our owner and founder of DRW Trading which is fooled and defrauded
too
+ new CEO new Chairman
= worth 100 Mill $ with the right CEO and Chairman - the right now 14 Mill $ market cap is
a joke
I think also that the 1Q18 20 revenue decline shall as shareholders make affraid. The CEO could not create any growth in the last 4 years but we are tremendous undervalued. That the Board of Directors has already agreed is a crime and the justice must control this. I think they are bribed and will earn after the merger Millions of $$$$ too.
CEO Robert Michelson, Chairman Gregory H Sachs and the whole Board are immoral mercenary imposters and they will oust us with the merger to generate Millions of $$$$$ and we are broke fooled defrauded diluted and very poor. I lost 90 %.
They will be rich! I think they must be sued and go in jail.
We need a new start without the immorality mercenary people in the lead.
CEO Michelson conference call 1Q16: "... two, my ability to make a lot of money and not through salary bonus, but through equity. and I guess everyone wants to make a lot of money, but I want to be able to make millions ..."
Donald Wilson rescue us.