Saturday, March 10, 2007
Bakbone Software (BKBO) firings
In any case, the firings are evidence of something bad, I'm not sure what. But I continue to own the stock.
UPDATE March 21, 2007:
This 8-K BKBO just issued covers these same people and just says they're gone.
As of February 28, 2007, Douglas Spencer ceased to be Vice President, Research and Development of BakBone Software Incorporated (the “Company”) and is no longer an employee of the Company. As of March 6, 2007, Mark Milford ceased to be Senior Vice President, Worldwide Sales and Customer Service, and is no longer an employee of the Company.These are two of the three. My wild guess is that perhaps the accounting digging that's been going on turned up something foul. That's just a guess.