What is Rob's role at Epik?
Their site says he is CEO and President:
https://www.epik.com/about/
You can see pictures of the staff there - what do they think of his public non-business activities?
And what do the Epik investors think? Epik Holdings Inc are seeking investors:
https://gab.com/epik/posts/43282539
Is Rob the majority shareholder/owner at Epik or do others control it? That probably determines who he answers to.
@carob - I am coming back to your request for information here.
So briefly:
- I own about 80% of the voting shares. It is all common stock. We have done a lot with relatively little outside capital. Along the way, I have had many opportunities to "cram down" our minority shareholders. Such an act would not pass the "do unto others" test so I have not done that which I believe they appreciate.
- There are 2 Board directors, including me. We did have a 3rd Director but he dropped out when the Huffington Post interviewed him. They also interviewed Braden Pollock who is more media-savvy and was probably less overwhelmed by agenda-driven reporters. He has hung in there, which I appreciate.
- In the last few months, we have started a Board-authorized private placement valuing all of Epik at a rather modest $10 million. The raise authorizes raising another $2.5 million, which is partly subscribed so far. I remain hopeful to fill that round in the coming weeks.
- We also also did an acquisition of BitMitigate in February which I believe was a very wise move and for which the total consideration was very reasonable. The addition of Nick Lim as CTO is a very exciting development which I believe will bear much fruit.
- Just prior to this PR interest in Epik, I was in contact with a number of industry luminaries about coming on board as value-added capital. It is actually my sincere goal that Epik be owned by the industry and that we have diverse governance. I hope to get there soon!
As for my role at Epik, I have been doing this for about 10 years. However, for about 3 years, I was relatively less active as I was also working on DigitalTown. In September I felt
called to once again focus full time again on Epik. At the time, I really was not expecting to find myself in a global debate on civil liberty.
Looking ahead, if I thought there was a competent acquirer or a capable successor, I would certainly consider stepping aside. That said, I am 51 years old, and in good health, so I will do my best to carry the torch for as long as makes sense. Anyone interested is welcome to message me privately.