Business
Mr. Gad Corrects Patently False and Misleading Statements by Paragon Board Members Timothy Eriksen, Howard Brownstein, David Lontini, and Samuel Weiser in an Effort to Distract Shareholders from Their Wasteful Spending
Mr. Gad Corrects Patently False and Misleading Statements by Paragon Board Members Timothy Eriksen, Howard Brownstein, David Lontini, and Samuel Weiser in an Effort to Distract Shareholders from Their Wasteful Spending.
About this update from Paragon Technologies, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Mr. Gad Corrects Patently False and Misleading Statements by Paragon Board Members Timothy Eriksen, Howard Brownstein, David Lontini, and Samuel Weiser in an Effort to Distract Shareholders from Their Wasteful Spending\r\n \r\n \r\n\r\n\r\nMr. Gad Corrects Patently False and Misleading Statements by Paragon Board Members Timothy Eriksen, Howard Brownstein, David Lontini, and Samuel Weiser in an Effort to Distract Shareholders from Their Wasteful Spending\r\n\r\n\r\n\r\n\r\n\r\nCorrects the Inaccurate and Reprehensible Statements Made About the Performance of Paragon and Its Subsidiaries and Key Executives\r\n Cites the Alarming Wasteful Spending of Stockholder Money and It's Damaging Effect on the Company's Stockholders\r\n Urges Stockholders to Support His Slate Five Uniquely Qualified Nominees Who Are Significantly Aligned with Stockholders\r\n Reiterates His Unwavering Commitment to Working to Secure a Bright Future for Paragon NEW YORK, NY / ACCESS Newswire / May 9, 2025 / Hesham \"Sham\" Gad, the largest stockholder of Paragon Technologies, Inc. (OTC PINK:PGNT) (\"Paragon\" or the \"Company\"), owning approximately 28.4% of the Company's outstanding shares, today issues the following statement to the Company's stockholders:\r\n Dear Fellow Stockholders\r\n Words simply cannot describe the continued harm - both financially and reputationally - that I believe Paragon's directors, Timothy Eriksen, Howard Brownstein, David Lontini, and Samuel Weiser, are exposing the Company to with their persistent false and misleading statements. Having failed to obtain meaningful shareholder support even despite their continued slanderous efforts towards me, they have now turned their vitriol towards Paragon's subsidiaries by insulting and attacking their performance, and in doing so, they insult the hard work and commitment that Paragon's executives and employees have demonstrated time and time again for Paragon stockholders.\r\n With nearly every utterance these directors make, they are insulting the very key people who have generated enormous value for the Company and its stockholders. I am shocked by the lack of appreciation and respect that these incumbent directors are showing for the Company's personnel and I have grave concerns that should these directors continue to remain on the Board, they will have all but ensu...