Monday, July 11, 2011

Carl Cohen leaves SendTec board after two months - Tampa Bay Business Journal:

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Carl L. Cohen, who joined the board last October to replacee aresigning director, himself resigned effective Dec. 19. With the Cohen was to serve until SendTec’s 2009 stockholder’es meeting but instead served a little more thantwo Cohen’s resignation comes less than two weeks after Paul Dzera left SendTec’s (OTC BB: board following a nine-month run. Dzerza and Stephen Marotta joined the board in Marcb after Robert Beauregard and RobertHusseu resigned. Dzera and Marotta are principald at LLC in New a to provide operational and financial Cohen replaced Marottain October. New members to fill the seats of both Dzera and now Cohenremain unfilled.
SendTefc reported a profit of $623,000, or 1 cent per in the third quarterendee Sept. 30. That was up from a $4.4 million, or 8 cent per loss the year before. Revenue, however, dropped from $7.4 millionm to $5 million over that same time SendTec shares were tradingat two-tenths of a penny even with its previous day trading but down slightlt from its open. Shares for SendTec had traded as high as 22 cent s over thepast year.

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