Very good news. When will TZL complete their Nasdaq listing which has been on their agenda for ages, or isn't it a priority for them any more?
Anyone get the news today? TZ sign a global distribution deal with global leader - Anixter.
Very good news. When will TZL complete their Nasdaq listing which has been on their agenda for ages, or isn't it a priority for them any more?
Very interesting development today - A 'vigilante' group of the share registry has called for a meeting requesting a replacement of the current 3 board members.
MO and JF imo don't do much and I would happily see them go. As for AS, I'm not so sure that removing him is such a good move, especially considering the progress which TZ has been making recently.
The timing of this is shocking and very suspicious.
Fortunately, it is the managmenent team (CK, DR, BP, MS) where we have the real brains behind the technology.
Response from TZL management today saying that none of the holders mentioned in the vigilante group are even on the registryThen they go off tlaking about problems with the guy they were dealing with in Malaysia
Its this sort of crap that makes them loook unprofessional and that they dont know whats going on. Perhaps thats the plan from the 'others' but how can you lodge a notcie if your not on the registry?
Who are all these Dutch people and what on earth is their agenda? Are they simply trying to de-rail this stock or alternatively is this move anyway beneficial? Can anyone shed some light here?
The way things are going it looks to me as though they are on the road to bankruptcy. Not because of the product, but due to lack of leadership etc.
All I see is a storm in a teacup.
The way it looks to me is that the board's hand has been forced and resolution is near. I have been buying as well as other believers. What we end up with is a more loyal registry which will serve the share price well.
Lets see what happens over the next few days.
Agree, a loss but it depends who comes in to replace Chris, this could be toward the positive side of things, represents an opportunity. Although volume is up, sales represent a small portion of shares on market, those tired of waiting....
Holding............and waiting some more like the other 98+ %
Prawn, the battle is heating up. Have you read the email exhange between Bouris and Sigalla and the TZ lawyers?:
http://www.tzinvestors.com/?p=314&cpage=1#comment-433
This has to end soon. 5 weeks left.
I can see these guys going broke, purely because they dont disclose what is actually happening.
Former seniors and a founder has been speaking out against the board on tzinvestors.
July 14 will either be d-day or the start of a trasparent era for TZ. Even more reason for shareholders to get their votes in for July 14.
http://www.tzinvestors.com/?p=314; said:Mr Bouris is the founder and Chairman of Yellow Brick Road, a financial advisory firm. The primary function of YBR is in its accounting division. Yellow Brick Road (YBR) owns a number of accountancy practices and legal practices. In addition, it owns financial planning businesses and insurance broking businesses. YBR advises a range of clients from small business to large business in most aspects of finance, tax, fund raising, accounting standards, audit, forensic research, equity and share market activity. Mr Bouris is a fellow of the Institute of Chartered Accountants and YBR has 40 professionally qualified staff in its Sydney Head Office.
Mr Kenneth Ting – Mr Ting has a background in accounting, law and investment banking with a focus on the commercialization of technology and public and private equity raisings. Mr Ting joined Deutsche Bank in 1997 after 4 years at PricewaterhouseCoopers Corporate Finance and Tax division. He was Vice President of Technology Investment Banking at Deutsche Bank and worked in Deutsche Bank’s Sydney, San Francisco and London Office. Mr Ting has a passion for technology and has worked with technology companies throughout his working career. He has been involved in the completion of over $5 Billion in M&A, private equity and IPO assignments in Australia, USA and Europe. His industry specialization is in the electronics manufacturing, software, IT Services, telecom and internet sector. Mr Ting holds a Bachelor of Commerce and Bachelor of Laws with First Class Honors from Adelaide University and is a member of the Institute of Chartered Accountants. Mr Ting is currently an Associate Director of Nextec Strategic Capital, a Technology Investment Banking firm based in Sydney. He is also a Director of an international telecoms company which he founded in 2002.
Mr Willemde Vlugt – Mr de Vlugt is an experienced Industrialist. Apart from a few years at Akzo Nobel, he worked most of his life for Royal Packaging Industries Van Leer N.V (17,000 people and 42 countries), which he listed on the Amsterdam Stock Exchange in 1996. For 17 years he worked in the USA, France, Argentina and Brazil. In 1988 he was promoted to the Executive Board and in 1991 to Chairman and CEO.
Mr de Vlugt took early retirement in 1999 and with some friends started Linx Telecom, a small data transfer and co-location company which - after an initial difficult start, is now very successful and has expanded all over Eastern Europe. Customers include Boeing, Microsoft, Deutsche Bank, and HP.
Mr de Vlugt is the Chairman of Holland Venture BV and Chairman of ICT Automation NV, a public company which is listed on the Amsterdam Stock Exchange. He graduated in Law from Free University Amsterdam and attended various courses in Corporate Strategy at INSEAD and the Advanced Management Program at Harvard University
This should be a simple decision by shareholders, the nominations for the board by Klass Pool leave the current board wanting. I know where my votes will go.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?