CEO should NOT resignNebt,
What you do not seem to realize is that the slower than anticipated growth in revenue is due to factors external to RDM, on which they have little or no control : banks are being slow in adopting Check21 technology. That is the main thing I retain from the last C.C. Now if you won't take Newman's word for it, here is some independant article from last March stating exactly that :
"Now that the Electronic Check Clearing for the 21st Century Act is in effect, electronically shared check activity has ramped up slowly as banks feel their way through the operational and technological changes brought about by the new law"
Link : https://www.accenture.com/xd/xd.asp?it=enweb&xd=industries\financial\banking\insights\check_image.xml
Read the whole article. It's worth a look.
As for our CEO, I feel he is doing a good job. We are profitable and have a healthy balance sheet. And I strongly believe our management team is doing the right thing to create long terme value for us shareholders. They are lining up banks as customers and when the technology really takes off, we will reap the rewards IMHO. Now if you are not happy with what is going on, feel free to sell your shares. I might well be the one on the other end buying them.
Cheers!
Nic