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In this recencent 10Q from Ares Capital The fair value is falling off the cliff! The senior preferred stock position has fallen 55% based on what the 10k For FY 2024 showed! I also ask questions regarding the role of the old CEO. The new leadership must clarify what exactly the Old CEO role really is. I am thinking that Visual Edge IT would have been better off not attending Printing United!
I wanted to share some thoughts to inspire our industry's actors especially the media to ask more questions. The absolute miscalculation (FAILURE) In MWA Intelligence FORZA ERP not succeeding in replacing eAutomate the industry’s leading ERP should give grounds to do more research. As we see new excited entrepreneurs who think they can do what MWA Intelligence failed at. I also believe that the industry’s analysts and media should be extremely inquisitive in understanding all the realities regarding any new attempts by these entrepreneurs. I see the industry’s media actors repeating the same approach as they had with MWA Intelligence and that approach did not prepare the dealers for the eventually out come.
ray stasieczko
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