A little history will explain it a
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Why don't you "investors" do your homework when it is so easy with the internet? Let me direct you to info on your executives and Board of Directors.
Look up (google) John D Mazzuto and EVTC. Try Bob Casper and EVTC. Or maybe George Cannan and Butch Ballow and EVTC.
You will find that this group were all at EVTC in the late 1990's and early 2000. Mazzuto and Casper were directors of EVTC and George Cannan was the CEO. The company went under and the SEC went after many of the execs for Securities Fraud. There was a major stock manipulation. Butch Ballow (a prior convicted securities fellon who did time in prison) masterminded the scam and skipped the country. George Cannan and his son Jr. were convicted along with other execs at EVTC like David Keener. They filed personal bankruptcy to avoid major disgorgements from the SEC.
EMC was a subsidiary of EVTC. EMC is now a subsidiary of IEAM. George Cannan now runs EMC and the building is leased from him. Funny how this whole bunch winds up together again and the outcome is the same. Read up on the SEC indictments of this group at EVTC and see if you see some similarities on how they ran the company into the ground. It was a classic "pump and dump" at EVTC. John Mazzuto and his wife Elizabeth, (J&E)owned 1 million shares of EVTC. He was on and off the board and was CEO for a while. You don't see George Cannan anywhere at IEAM because he is banned from the SEC of holding any office in a public company. But you can bet he is in the thick of things.
Bob Casper and John Mazzuto were on the board throughout the whole manipulation at EVTC. John was on the executive committee with George Cannan.
Some of the rats have already jumped ship.
Do a little digging and it will shed light on the quality and ethics of your well paid officers and directors. I gave you the lead, now run with it. You may want to contact the SEC with what you find. Tell them the boys were back at it and the results were the same; a bunch of shafted investors.
Why don't you "investors" do your homework when it is so easy with the internet? Let me direct you to info on your executives and Board of Directors.
Look up (google) John D Mazzuto and EVTC. Try Bob Casper and EVTC. Or maybe George Cannan and Butch Ballow and EVTC.
You will find that this group were all at EVTC in the late 1990's and early 2000. Mazzuto and Casper were directors of EVTC and George Cannan was the CEO. The company went under and the SEC went after many of the execs for Securities Fraud. There was a major stock manipulation. Butch Ballow (a prior convicted securities fellon who did time in prison) masterminded the scam and skipped the country. George Cannan and his son Jr. were convicted along with other execs at EVTC like David Keener. They filed personal bankruptcy to avoid major disgorgements from the SEC.
EMC was a subsidiary of EVTC. EMC is now a subsidiary of IEAM. George Cannan now runs EMC and the building is leased from him. Funny how this whole bunch winds up together again and the outcome is the same. Read up on the SEC indictments of this group at EVTC and see if you see some similarities on how they ran the company into the ground. It was a classic "pump and dump" at EVTC. John Mazzuto and his wife Elizabeth, (J&E)owned 1 million shares of EVTC. He was on and off the board and was CEO for a while. You don't see George Cannan anywhere at IEAM because he is banned from the SEC of holding any office in a public company. But you can bet he is in the thick of things.
Bob Casper and John Mazzuto were on the board throughout the whole manipulation at EVTC. John was on the executive committee with George Cannan.
Some of the rats have already jumped ship.
Do a little digging and it will shed light on the quality and ethics of your well paid officers and directors. I gave you the lead, now run with it. You may want to contact the SEC with what you find. Tell them the boys were back at it and the results were the same; a bunch of shafted investors.
6-May-08 11:50 pm
