Under reconstruction!

Fri 20 Oct 2017  01:27 PM

 

                                             An indictment of Big Printing’s fraudsters and performance artist peacocks.

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                                                  For the printing industry — some unaccustomed truth-telling, with commentary.

SUBSCRIBE to
E-mail Memos

Assange

Printing’s Most Wanted identified by documents
that expose their
Fantasies, Fraud, Looting, and Lying.

“Liars’ brains are wired differently.” USC News

“The more you lie, the easier it gets.” NY Post

www.PrintingWikiLeaks.com

Doing for Printing what WikiLeaks.org is doing for politics.

Walsh

                                                                “I don't give them Hell. I just tell the truth about them and they think it's Hell.” — Harry S Truman, 1948

 

Newsflash: Cenveo sinks to 21.25 cents/share. (Thu 19 Oct 2017)

Down 99.2% since 2007 — Why is the Burton crime family still in charge?

Titanic, sinking left

Debt is $1.0 billion.

Losses are $1.3 billion.

Bankruptcy is imminent.

Or a hostile takeover like
Burton pulled off on Reilly.

Any fool can buy a company.

Cenveo for Dummies.

Lather, Rinse, Repeat.

Sleepless in Stamford.

Bob Burton’s insane plan.

Cenveo vs. EFI.

Memo to the EMA.

The British are coming — Maybe.

Bob Burton’s delusions.

Cry me a river, Bob.

Reilly is an arsonist.

We make money for our investors.

Burtons are a crime family.

David Letterman’s friend.

Reilly is very bad at math.

 

Cenveo avoided bankruptcy.

How to bankrupt Cenveo.

Reilly/Burton=Madoff/Kevorkian.

 

 

 

Newsflash!

Idealliance crime family members Ken Garner and Mike Philie are gone.

Abducted by the same space aliens that snatched Gary Pawlaczyk in June 2016!

 

Space cow

David Steinhardt, headshot

Ken Garner, headshot

   Ken Garner and Mike Philie have silently disappeared from the Idealliance crime family — just as Gary Pawlaczyk did in June 2016.

   As Cenveo EVP of Sales, Pawlaczyk lost $491M and was notoriously abusive to his staff — and was finally fired by the Burtons.

   But, Oops!, he forgot to mention all this to Epicomm — and Garner and Philie failed to do any fact-checking when they hired him.

   Even after being warned about him, Garner and Philie made Pawlaczyk the headliner of their 2016 Epicomm Experience conference.

   At the conference, Pawlaczyk was spotlighted and featured, selling his snake-oil, science fiction “Solutions Provider” fantasy.

   After public whistle-blowing by the Webmaster, Steinhardt fired Pawlaczyk — but concealed it from the industry and the press.

   Pawlaczyk scrubbed Epicomm/Idealliance from his LinkedIn account, and Idealliance vaporized him — in a conspiracy of silence.

   Leadership  has failed to sue Pawlaczyk for his felony theft-by-deception of $100K+ of member dues (as salary and benefits).

   Idealliance’s Board, and Steinhardt, should be swept out of office and replaced by candidates who run on a platform of transparency.

Epicomm logo

Mike Philie, headshot

Gary Pawlaczyk, headshot

 

Dundee

Crikey! It’s time for printers to begin draining their industry’s “leadership” Swamp!

This site seeks to do so in an easy-reading fashion — with funny graphics as well as boring SEC documents.

Drain the swamp

Memos.

Hot Items.

Comments.

EFI, Printcafe, & Creo

A $330M criminal securities fraud.

Cenveo

A $2.3 BILLION M&A disaster.

Idealliance

Management Covered Up VP firing.v

The Sheridan Group

A $127 MILLION M&A disaster.

FCI Federal

Harboring a Sheridan Abuser.

New Direction Partners

Reilly’s 17% CAGR claim is fraudulent.

Saturn Partners

Harboring a criminal securities fraudster.

Carnegie Mellon Univ.

CyLab was founded by the MUSIC MAN.

British Columbia, Canada

B.C. needs a better class of HEROES.

The Industry Press

Continues to publish Paul Reilly.

I Don’t Get No Respect!

Bad News? Thrash the messenger!

Psychiatry

Some of these perps are “Mental.”

 

 

 

Joe

Jury

Farm film report

Keystone kops

Big Jim and Billy Sol say:

“Yeah! Printing’s leadership is gonna blow up,
REAL GOOD!”

 

 

Webmaster Notes

The two major target audiences for this whistle-blow’s e-mail memos are tens of thousands of “Joe & Joan Printers” and — if there is a Cenveo shareholders’ lawsuit — twelve jurors.

Other groups include attorneys, British Columbia’s press, Carnegie Mellon, EFI’s directors, FCI Federal, Pittsburgh reporters, Printing’s press and associations, and Saturn Partners.

 

Dickens batman

Q: So, what is this colorized graphic novel of a website really all about?

A: The site contains exhaustively documented whistle-blowing about printing industry “leaders” whose
behaviors are consistent with 1)
malignant narcissism and/or 2) grandiose delusional disorder!

 

Regrettably, some of Printing’s “leaders” are as
self-dealing and corrupt as our worst DC political hacks.

Bootlicker

This website is an online intervention to
tell the truth to “Joe Printer” and “Joan Printer”
and to slap some sense into those printing industry “leaders”
who have a masochistic fetish for licking the boots of their abusers!

 

 

Playbill

Here are the stars and bit players of Printing’s drama:

 

Cameraman

Alphabetical Cast of Characters

Armstrong

Armstrong

Bozuwa

Bozuwa

Bob

Burton

Rob

Burton

Mike

Burton

Joe

Burton

Cagle

Cagle

Davidson

Davidson

FdCompany

Fd’Company

Garner

Garner

Gecht

Gecht

Griffin

Griffin

Guttman

Guttman

Herbst

Herbst

Hess

Hess

Kaplan

Kaplan

Krouse

Krouse

Michelson

Michelson

Michelson

Michelson

Olin

Olin

Pawlaczyk

Pawlaczyk

Peterson

Peterson

Philie

Philie

Quadracci

Quadracci

Reilly

Reilly

Saxton

Saxton

Schaeffer

Schaefer

Schick

Schick

Siegfried

Siegfried

Streeter

Streeter

Steinhardt

Steinhardt

Stricker

Stricker

Taffler

Taffler

Tolson

Whang

Whang

Puri

Puri

 

 

 

 

 

 

 

 

Hover your mouse over a headshot to read brief Webmaster comments.

 

Here are some notes about the financial analysis on this website.

 

cenveo

Financials for this multi-billion-dollar M&A disaster are analyzed through the end of 2016.

SHERIDAN

Financials are analyzed through the end of 2012, when this money-losing M&A stopped reporting to the SEC.

PRINTCAFE

Financials are analyzed through the end of 2003, when this M&A ‘dot-con’ collapsed, insolvent, and was stolen from Creo by EFI.

ROUNDING

To facilitate document searching by reporters and attorneys, citations from financial reports are truncated rather than rounded up.

INFLATION

Debt amounts are unadjusted — other dollar amounts are inflation-adjusted to March 2017 using the BLS CPI inflation calculator.

 

Webmaster
Notes

Due to inflation, debt principal is effectively larger in the past and is effectively reduced by the passage of time — but to avoid confusion, we will not inflation-adjust debt amounts for reporting purposes.

The effect of interest from debt on a company’s financials is reflected as a reduction in earnings or as an increase in losses — in the case of Cenveo, those Burton/Reilly losses are an astronomical $1.26 billion!

 

Judge

Q: Why does this comic-book website exist?

A: To seek justice in the “Court of Public Opinion!”

 

Sheridan

United Litho

Garner

Tolson

The now-defunct United Litho (ULI) was a Sheridan Group acquisition.

This website exists because ULI President Ken Garner ignored this.

Wizard

SEC

ULI’s unethical business practices led to the study of Printcafe after Sheridan’s CEO endorsed it.

(Sheridan’s CEO endorsed Printcafe in return for 100,000 undisclosed pre-IPO stock options.)

Cenveo was studied because its CEO endorsed Printcafe in return for free software.

The Sheridan, Printcafe, and Cenveo online SEC reports reveal them to be financial failures.

Anybody who bothered to read those online financial reports could have created this site.

So, where were all you industry “wizards” who preach to us about M&A?

 

 

 

Printing’s problem — in a Nutshell — for Dummies.

 

Squirrel

Dummy

“Study after study puts the failure rate of mergers and acquisitions
somewhere
between 70% and 90%.” Harvard Business Review, March 2011

 

Peacock

Numerous Printing celebrities are abusers and executive looters in massive, failed M&A monopoly schemes.

Some of them have committed federal felonies — and as a group they have vaporized over $1.6 billion!

The biggest liars actually tout their financial disasters — e.g. Guttman, Olin, Gecht, and Reilly.

 

Bang

Guttman

Cenveo

Copperleaf

Creo

CyLab

EFI

Idealliance

Matrix

NDP

Printcafe

Saturn

Siegfried

Sheridan

United Litho

FCI financial

Sheridan

Printcafe

Cenveo

Printcafe

Printcafe

Printcafe

Printcafe

Cenveo

Printcafe

Cenveo

Printcafe

Printcafe

Sheridan

Sheridan

Sheridan

Sheridan

Stricker

Guttman

Burton

Reilly

Pawlaczyk

Michelson

Hess

Michelson

Hess

Guttman

Gecht

Olin

Pawlaczyk

Whang

Reilly

Guttman

Olin

Whang

Guttman

Davidson

Saxton

Davidson

Stricker

Garner

Peterson

Tolson

Tolson

 

 

 

The PrintingWikiLeaks website is dedicated to the only honest man in Printcafe.

 

Webmaster

Hey, I couldn’t make
this stuff up if I tried!

Taffler

This website is dedicated to the late, great Jon Taffler — founder of PSI Software — the first company acquired by Printcafe — for $25 million. ($15M cash and $10M of worthless Printcafe stock.)

Jon quickly realized that Bill Guttman, Marc Olin, and Joe Whang were lying about having “e-commerce for printers” — and he repeatedly whistle-blew that lie to Creo CEO Amos Michelson and to Creo-VP (and later President) Judi Hess. (Printcafe was launched with $36M [in 2017 dollars] of Creo cash.)

This website is also dedicated to the 10,000+ employees of Printcafe, Cenveo, and The Sheridan Group who lost their careers because of insatiable management greed.

Unemployment

 

Webmaster
Notes

Hess investigated Jon’s whistle-blowing and wrote Board Chairman Michelson a detailed report — which he suppressed, allowing Printcafe to vaporize $330 million before it bankrupted.

By not immediately withdrawing Printcafe’s 2000 IPO Prospectus which fraudulently claimed to have “electronic commerce for printers,” Michelson became a criminal under 18 USC 1001.

He became a criminal again when Olin’s 2002 IPO Prospectus fraudulently claimed that Total revenue increased from $4.4 million in 1999 to $25.3 million in 2000, an increase of 474%.”

Michelson had ousted the abusive Guttman when — rather than go on trial in Pittsburgh’s federal district court — he, Hess, Olin, and Whang settled shareholder charges of securities fraud.

Creo initially invested $25 million (in Y2K dollars) in the catastrophically failed Printcafe — a software monopoly “roll-up merger.” Later Creo invested and lost scores of millions more.

 

Rogues gallery

 

Big picture

Cenveo’s CEOs have looted their shareholders for $100+ million of salary while saddling them with $1.26 billion of losses and $1.01 billion of debt!

Mahoney gobbled up 150 plants and 16,000 workers; Reilly desperately slashed down to 80 plants and 10,000 workers; Burton ran the debt up to $1.4 billion.

New direction partners was founded on the basis of Reilly’s lies about his M&A ‘super-success’ — in reality, Cenveo is a multi-billion dollar catastrophe.

Idealliance’s Garner and Philie hired/fired Cenveo’s vicious Pawlaczyk to be a Business Advisor VP — a fact that he has erased from his LinkedIn profile.

Printcafe’s Guttman, Olin, Whang, Michelson, and Hess created an IPO/M&A software monopoly scheme that lost $330M before it collapsed, bankrupt.

saturn partners incorporated Guttman, despite his public record Printcafe securities fraud and his public record Lehman Bros. Aileron hedge fund fraud.

Carnegie Mellon hired Guttman on the basis of his bogus Printcafe résumé; He became a founding director of CMU’s CyLab which focuses on identity fraud!

EFI’s Gecht stole Creo’s Printcafe software monopoly by paying off Olin ($200K) and Whang ($150K); Now he crows about EFI’s 70% software revenue growth.

Sheridan’s Saxton took $1 million salary and paid 12.5% on $150 million; He made top executives out of 30-year-old arm-candy sisters, Davidson and Stricker.

United Litho’s Peterson and Tolson lied to clients, staff, and vendors about company policy and USPS Periodical regulations, with Garner’s tacit approval.

FCI Federal just hired Tolson as an Operations Analyst, unaware of his public record issues with: abuse of women, incompetence, pathological lying, and thievery.

 

Webmaster Legal Note

To defame a public figure in VA, you must have published statements that are “knowingly and willfully, false and damaging.” See The Law of Defamation in Virginia.

 

 

EFI confessed to cooking its books causing its ‘Black Friday’ $1.0 billion stock price crash — and triggering legal action by 26 securities law firms!

Glasshouse Research logo

EFI corporate logo

David ReederGill Cogan

Thu Oct 13 2016

The GHR EFI Report.

Mon Oct 24 2016

Guy Gecht disses GHR.

Tue Jul 18 2017

Memo to Reeder & Cogan.

Thu Jul 20 2017

The Three Amigos memo.

Wed Jul 26 2017

The Bootlicking memo.

Thu Aug 03 2017

EFI Directors finally act!

Webmaster Note: I merely pulled the triggerGlasshouse Research deserves all the credit, for crafting the vampire-slaying, silver bullet that pierced the heart of the decades-old EFI + Opus Capital ‘crime family.’

                                                            Opus Capital is sheltering and supporting 1) stock-option backdater Joseph Cutts and 2) stock pumper-and-dumper Dan Avida — perhaps Opus will hire Guy and Marc after they get out of prison!