Decreased comfort level

[admin]

Jeff, there were three issues which reduced my enthusiasm for the company:

• Dodgy customers (which has mostly cleared up, at least for me).
  
• A curious and really substantial divergence between revenue guidance and backlog. This is something which needs to be cleared up, but on the other hand, if the company didn't publish backlog figures, there wouldn't be any problem.
  
• The CFO history doesn't help when there were serious doubts about their customers, but now I'm not losing that much sleep over it, although it remains a bit of a red flag and I can imagine others, like yourself, having bigger problems with it. I also admit I don't know all the details of the fraud case of that previous company but as far as I understood it he wasn't the instigator.