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Wednesday, April 29, 2015

"I'm As Mad as Hell at Paul Cronson and I'm Not Going to Take it Anymore!''



This is my first post, but let me assure you I have been following this board for many years. I have been accumulating Eman shares for the last 17 years and am not at all happy with how the company is being managed. I would challenge any of you to find another 27 mil revenue non-profit company with so many employees having salaries over 250K.While they have amazing technology, they have shown no ability to produce at a profit without R&D contracts. I have sent Andrew and Paul emails asking if there is a plan to become profitable and I do not receive responses back. I struggle to believe that as a CEO, you could be a good steward of a company resources when HQ is in Washington, Design is in California and the factory is in New York. Seems like a wasteful way to manage a company that is consistently losing money every quarter. My opinion of the BOD isn't much higher than upper management. They make 80K for a single meeting and several conference calls per year along with the options gravy train. Hard to remember anything significant that they have done in the last several years. I am hoping for change, but am losing confidence. My 60K in shares are voting against every proposal at the ASM. I know I doesn't matter in the big scheme, but I am voting my opinion on how the company is being managed. I am praying for a buyout. Less
Sentiment: Hold

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