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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Sadly, we are not alone

In a world where one can be charged with hate crimes for looking at someone the wrong way, how can this stuff be allowed to happen, andvery frequently?

http://business.financialpost.com/2013/02/14/poseidon-concepts-dives-to-27%C2%A2-from-16-03-in-less-than-five-months/?utm_source=dlvr.it&utm_medium=twitter

Poseidon Concepts dives to 27¢ from $16.03 in less than five months

It’s worth noting that the former chief executive remains with the company as chief financial officer.

From an outsider’s perspective, this situation would seem to be an ideal opportunity for a regulator to step in, do a thorough investigation, get the results – and act accordingly. Don’t bet on that happening.

Calls to analysts who cover Poseidon weren’t that productive. Either the individuals didn’t return calls, or were told by their compliance departments that they couldn’t talk or chose not to comment – though one added it was “shocking” that they had to restate. Less than six months back, some of them gave targets that were as high as $25.

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