'Sick', 'Greedy' Avigilon CFO Gets A New Job

Author: John Honovich, Published on Jul 31, 2014

Avigilon's explanations for their CFO crisis are falling apart but, in the meantime, it has worked well to boost their stock price.

********'* ************ *** ***** *** ****** *** ******* ***** ***, ** the ********, ** *** ****** **** ** ***** ***** ***** *****.

[***************]

****

** *** ***, ********* **** ******* **********'* *** ********** ***** ****** ***** ********** **** ********, **** *** ***** plummeting. ** **** ****,****************** ******** **** *** *** **** "** ********** **** * personal ****** *****."

*** **** ***** ******* **** **** ** *** ****, ********** because ** *** ****** (*.*., ****** ** ***** ************ *** ***** before *** ********** **** ***) *** *** ******** **** *** a **** ****** ** ***** *** ******* ****** **** ** on ********* ***** / **********.

Greedy / ****

* *** ***** ***** *** ****, *** ***** *******. ** ****** was ***** *** ******* ** ****** ******.

*******, *** ******* ******** ******** / ******* ******* *** **** *** executives ******* **** ********* ****** *** ****, ******* *********:

"*** **** ** ****** **** ** ******* *** **** **** **** were ** * ******** ** ***** ******* **** ********. ... **** ******** to Alex [CEO] * *** *** ******* **** ** *** **** ********** ** the **** *****, ****** *** ***** ** ********** ** *** Dallas ****** **** **** ** *********"

**** *** ******** ** *** ********* **** *** ******** ***** ****** **** ******** ** **** ** ******* ** ********* **** ** ******** ***** **** ***** *** **********.

The ***'* *** *** *********** ****

**** * ***** ***** *******, ****** ******** *** ************* *************** ********* ** ***.

* ****** *** ****** * *** *** ** ******* ** ******* not **** *** ********* *** **** ****** ** **** **** off *** ******.

Why **** ********?

** *** **** ****, ******** *** ********** / ********* ****** concerns ***** ***** ********. ****** ** *** **** ** ******** someone's ****** ** ** ** ** **** *****. *** **** an ****** ** ***** **-********'* *********, ** ******* *** ***** of ******* ** *** *** ** ******* **** * ******* person.

Long **** ***** ** **** ****

********* *** ********, ** *******, ****** *** ** **** ********* / ******** ** ********'* ************.

******* *** ****** ********* *** ** ********* **** **** *** will ** ******** **********, *************** ** ******* ***** ***** *****.

Stock ** / ****** ******* ********

*******, *** ***, ****** *** ******* ** ***********. ***** *** ***'* ********** ******** ***-***** ******** *** ******** ** the ****** ******, *** ***** ***** *** ********* *** ** now ********* ** *** **** ***** ** *** ***** ** the *** ****.

****, *** ***********, ********* **** **, ** **** ******** ** going ** **** ************ ******** *** ******* ******* ******* ** August *, **** **** **** ******** ***** ** **** ********. And, ** **** *****, **** ** *** ******** *** ***** points ** ****** ******** ********, ** **** ** *********, *** now.

Comments (1)

Rukmini Wilson

07/31/14 10:00pm

*** ******* ****** *** *** '**** ** ******':

***** ****, ****** **** ********* ** ****** ********** ** ********, who **** **** *******, ** '****** ***** *************', *** ***** * **** ***** pursuit,******** ** *** *** *** **** ********* ** ************* ** Intrinsyc:

*********, ******* ********--(*********** - **** **, ****) - ********* ************ Corporation (***:***), (*********), * ******* ******** ** ********** ********* *** the *********** ** *********** ********* *******, ***** ********* *** *********** ofChris **** ** *** **** ** ***** ********** ******* *** **** ********* ** *************. In this role, Mr. Ross will be responsible for the transformation of capital into technology; enabling new business lines and business models, and increasing revenues. Mr. Ross will also be responsible for logistics and manufacturing and the implementation of systems to streamline supply chain planning processes, reduce costs, and improve customer satisfaction.

******** *** ******** ******* ********* **************** ************ *** ** ***** ************* ** * ****** ** a **** ********* ******* ****, (********** ********* + ********* + ******** ************ ???), ** ** *** ****** *** ****. ********** ** ******* something **** *** **************** ** *** ******, **** ** **** *******, ***** *******, ***** ****** *** *** ******** *** consolidated.

******** ****** **********: "**** ** **** *** ****** **** ******!"

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Most Recent Industry Reports

Reseting IP Cameras - 30 Manufacturer Directory on Sep 22, 2017
Every camera has a reset button (well, almost) but it is not always clear what these buttons do, how long they need to be held, what settings they...
80+ OEMs Verified Vulnerable To Hikvision Backdoor on Sep 22, 2017
Over 80 Hikvision OEM partners, including ADI, Interlogix, LTS, and Northern Video, have been verified as having products vulnerable to the...
Genetec Launches Cloud Access Control (Synergis SaaS) on Sep 21, 2017
Genetec's cloud everything expansion continues, with their announcement of Synergis SaaS edition, joining their cloud video offering Stratocast,...
Genetec CEO Warns Against Insider Threats on Sep 21, 2017
With Dahua and Hikvision cybersecurity issues becoming indisputable, a new counter has emerged. Just put them behind a firewall, buy cheap...
New IPVM Calculator V3 Released on Sep 20, 2017
The New IPVM Calculator V3 is released. An entirely new architecture delivers the following benefits: Turbo The calculator is now ~50% faster in...
Automatic Door Operators For Access Tutorial on Sep 20, 2017
Opening and closing doors might sound simple, but it takes a high-tech piece of door hardware to pull it off. Integrating automatic door operators...
'Clowns' Allege Ubiquiti 'Completely Fraudulent' on Sep 20, 2017
A short seller has alleged Ubiquiti is 'completely fraudulent'. Ubiquiti's CEO has responded calling them 'clowns'. Here is the short...
Avigilon 'Blue' Cloud Entry Examined on Sep 19, 2017
Avigilon is moving to the cloud. The company announced their Avigilon Blue platform, designed to be a web-managed surveillance system, utilizing...
HID Buys Mercury Security on Sep 19, 2017
One of the biggest access control deals in years. Mercury Security, the most widely used access hardware OEM, and partner to 20+ manufacturers,...
Hikvision Backdoor Exploit on Sep 18, 2017
Full disclosure to the Hikvision backdoor has been released, allowing easy exploit of vulnerable Hikvision IP cameras. As the researcher, Monte...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact