Mike Aymong's Disgraceful Tenure as CEO of World Gaming: Expects Visit From SEC, Shareholders To Vote Him Off, A Double Kick In The Ass!
Mike Aymong as CEO of World Gaming knows the game will be up shortly. He'll get the kick in the ass from shareholders that he deserves when he's not reelected, and soon after that, it will be time for the Securities and Exchange Commission (SEC) to move in and start some serious investigations.
It's happened already with the big U.S. firms. The New York Stock Exchange has launched the biggest clean-up of Wall Street since the SEC was established in the 1920s. U.S. investors now simply don't believe in the financial statements issued by the country's biggest companies. (Ask Mike Aymong.)
They believe that most executives lie about their company's true financial position and they believe the auditors collude with executives in publishing accounts that are misleading. (Ask Mike Aymong.)
World Gaming's previous auditors are already in jail. How long will it be before the present auditors face the same fate? (Ask Mike Aymong.)
Before accounting firm Andersen was charged with obstruction of justice earlier this year, it was earning $1 million per week in fees as Enron's auditor and financial consultant. Now Andersen has been found guilty, a disgraceful end for a firm whose blue-chip reputation was based on integrity.
The guilty verdict against Andersen will further undermine confidence in the U.S. financial system and more criminal charges are expected against those involved in last year's Enron scandal.
All of a sudden, everyone in America now thinks that everyone else is a crook. (Ask Mike Aymong!)
Which is what this magazine has been saying for a long time about game developers Worrld Gaming and Toronto-based Cryptologic. (Ask Mike Aymong.)
If the SEC investigators started to read this magazine, they'll find out what's really going on. (Ask Mike Aymong.)
We have also spoken to our chief editors and other staff and contributors and they have agreed to act as witnesses for the prosecution. They have so many files now on both World Gaming and Cryptologic that they are running out of space.
Moving the corporate headquarters to London and changing their name from Starnet to World Gaming hasn't helped, it's simply prolonged the inevitable, which will be suspension of trading and bankruptcy.
The crooks have been able to get away with it for too long but they won't be immune forever. Cracks are appearing, the share price is plummeting, revenues are falling, costs are increasing as is net debt, to the extent there's not enough money to pay the staff, the licensees or the players.
Licensees and players are both fed up with being cheated, and the shareholders must be sick to their back teeth. (Ask Mike Aymong.)
This company has squandered the good will of players and shareholders and it's a disgrace that Mike Aymong is paid so much, subsidized by the players and cheated licensees, for doing less than nothing.
It's a pity that players don't have the same rights as shareholders as they would have kicked this man off the board a long time ago.
A kick in the ass for the mob's puppet is just what is needed, and the shareholders agree. Watch out Mike Aymong! There's a double kick in the ass coming your way from the SEC, and all the other authorities…
