Published:
Take Back EMAK Shareholder Group Provides Clarity on Recent EMAK Earnings Release
LOS ANGELES, Nov. 5 /PRNewswire/ -- In an effort to provide outside shareholders additional perspective on the operating performance of EMAK Worldwide Inc. (OTC Pink Sheets: EMAK), Take Back EMAK, LLC provides clarity on the company's misleading third quarter 2009 earnings release on their website, takebackemak.com. (This analysis is based solely on publicly issued information.) Management's latest release was not only misleading, but also failed to mention how the loss of Burger King will have a material impact on results starting in Q2 2010. Over half of EMAK's revenue will disappear, yet the CEO paints a rosy future for the company, with no factual basis.
As the largest contingent of common shareholders (over one third of total outstanding), nobody would benefit from strong operating results, or would be quicker to applaud it, than Take Back EMAK. Unfortunately, despite the misleading presentation in its latest release, EMAK's financial performance and prospects are deeply troubling.
TakeBack EMAK is a group of shareholders dedicated to seriously addressing the material issues and getting the company back on track as a growth company for the benefit of all shareholders. We are gratified by the strong support we have been receiving. Please vote to "Take Back EMAK" by joining fellow shareholders and signing, dating and returning the white consent card today. Visit www.TakeBackEMAK.com website frequently for updates, and thank you for your support.
Media and Investor Inquiries:
Take Back EMAK, LLC, 1-310-584-7334, info@TakeBackEMAK.com
Voting Inquiries:
Call toll-free 1-800-769-4414, TakeBackEMAK@dfking.com
SOURCE Take Back EMAK, LLC
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