Tuesday, August 01, 2006

VSTC, oh how the mighty have fallen

Remember those halcyon days of Gatelinx? Before the Prime TV debacle in April of 04. Before the GTX Global "acquisition in December of 04 (remember that date, interesting info and documents to come).. and then the GTXC/Vizual/Yadio "who's on first" program. But, back in the good ole days, Gatelinx ruled Moore County. They had the entire complex, cars in the full parking lot, the grill, PerfecTV "offices".. and more. Here's the before picture... from 1930 N. Poplar, Southern Pines, NC 28387

Their new address, 8024 Glenwood Avenue, Suite 205, Raleigh, NC 27612 is nothing better than a non-descript office stripmall type building. Here's the "after" picture... their current location.

Notice the difference? Some you can see... (no cars, no real "facilities.. heck they went from ~1000 employees to ZERO, what do you expect) And, some you can't see. You can't see David, his chippy Keri...or the ex-wife Annette. Cause they've blown town to the bahamas, taking vendors, ex-employees, partners and investors money with them.



Anonymous Anonymous said...

You a GENIUS man! Your post from july 7th (after the "Focusing on our Future" press release) said... "Watch for announcements (as the stock continues to tank and get pounded down) that says they're restructuring..."

MAN, right on the money. They restructured themselves into a "new" company. Nothing changes with these guys, does it?

12:36 PM  
Anonymous Anonymous said...

AND, if the obvious and transparentness of this latest part ot the scam isn't enough, they haven't even changed the web site

Here's the homepage.. hmmm.. no mention of VSTC


AND, here's the press release page. Hmmmmm... no VSTC press release here either


Can't these guys do anything right? Clearly Ed Ovsenik, who couldn't operate a fax machine let alone do anything with a technology company (suspect as VSTC, er, Gatelinx, er GTXC is) just can't get out of his own way.

Doing a great job there Ed.

5:54 PM  
Blogger ex-GTX said...

Thank you. I am not a "genius"... simply someone formerly on the inside, and now outside looking at the moving parts.

It's not hard to figure out the next steps, which is ceasing operations either A: due to lack of any revenue (their PR's notwithstanding) or B: due to some technology viability issues.

11:28 AM  

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