Business
Emaji, Inc.: a Letter From Our New President and CEO
Emaji, Inc.: a Letter From Our New President and CEO.
About this update from Broadside Enterprises, Inc.
[{"type":"text","content":"\n \n \n Emaji, Inc.: a Letter From Our New President and CEO\n \n \nEmaji, Inc.: a Letter From Our New President and CEO\n \n IRVINE, CA--(Marketwired - Apr 5, 2016) - Emaji, Inc. (OTC PINK: EMJI)\n Dear Stockholders,\n Many of you have requested that I formally introduce both myself and my plans for Emaji, Inc. (\"Emaji\").\n As many of you know, on January 1, 2016, I took over the leadership of Emaji and, on February 11, 2016, became the Company's controlling stockholder. The company's former CEO is no longer a stockholder of any sort nor holds any debt, convertible or otherwise, in the Company.\n This is a personal letter from me to you to give some insight into the direction of the Company and some of my philosophy behind it. It does not contain any explosive announcements.\n It is now time to focus and build a business. In the quarterly return ending September 30, 2015, Emaji described itself as \"a development stage company with three divisions: Sports, Entertainment and Ventures.\" Personally, I have only marginal experience in the business of sports and toys and so Emaji will discontinue both its efforts to establish a sports business as well as the Netoy.com initiative in its Ventures division.\n We will focus on the business of entertainment. Historically, I would have described it as the business of film and television but technology has and continues to so radically transform it that calling it the business of entertainment seems more apt.\n As we look to build Emaji into a respectable industry player, I feel that this is an exciting time.\n Balance Sheet Restructuring\n As can be gleaned from recent press releases, the Company has worked hard to clean up its balance sheet and improve its share structure. The changes have been drastically positive. Since January 1, 2014, the Company has reduced almost 98 percent of its debt while at the same time reducing its share count by over 20 percent. No new shares have been issued since October 19, 2015. A summary of these efforts will be found in the upcoming annual report for the year 2015.\n Next Steps\n It is important to be diligent in taking our next steps. Decisions have to be made with the proper preparation and reflection. I understand from experience how much the correction of mistakes can consume in terms of time, energy and resources. This may well prove frustrati...