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Published on: 9/15/2001
Last Visited: 9/15/2001
Seedling Chairman and CEO Douglas B. Spink stated : This board slate is composed of five individuals of impeccable business acumen , moral character , and proven entrepreneurial excellence.
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Douglas B. Spink : Founder , Chairman , and CEO - Seedling Technologies
Mr. Spink is a specialist in early-stage investments in technology companies and complex corporate turnarounds in public-company environments.He founded Strategicus Partners , Inc. , a technology consultancy that was acquired by Stonepath Group in mid-1999 Mr. Spink served as a board member of STG and after leaving Stonepath , Mr. Spink led a shareholder group which successfully compelled Stonepath's Board to change their money-losing business model.
Mr. Spink has invested in , co-founded , or served as an advisor to more than a dozen successful technology companies , including webmodal.com , assetexchange.com , and metacat.com.Prior to Strategicus , Mr. Spink founded and served as CEO of Athletica Endurance and Timberline Direct , a sports nutritional and direct marketing company , respectively.He sold both of these companies to a large Northwest retailer in 1998.
Mr. Spink earned his MBA in marketing from the University of Chicago , and his B.A. in cultural anthropology from Reed College , and is currently studying for his Ph.D. in Systems Science at Portland State University.Mr. Spink was formerly a consultant with the Boston Consulting Group and a database marketing analyst at Leo Burnett & Co. , where he consulted with Fortune l00 companies.
A Letter of Intent for a stock merger has also been signed with Solagent , Inc..Solagent , a private Oregon Corporation , has developed and brought to market a sorely-needed software system that protects data on laptop computers and other remote computing devices.
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Adds Spink : Unlike the Rositanos and their history of failed transactions , this new team knows how to complete transactions that benefit all parties involved.We look forward to the Solagent/Nettaxi merger , and to working with Solagent's top-notch executive management team and the new Nettaxi.com board of directors in building a world-class network security powerhouse..
Concluded Paul Peterson , Seedling's President : It is time for the owners of Nettaxi to exercise their rights and put in place a team of qualified , competent representatives to work for them.For years the Rositanos' decisions have benefited only a chosen few , at tremendous expense to the people who entrusted them to fairly represent their interests.We encourage all Nettaxi shareholders to participate in this simple , fair , and democratic process for their own benefit..