ExOne Under Fire After Scathing Report

By on September 6th, 2013 in Corporate

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In a recent article at Street Sweeper, Sonya Colberg has accused 3D Printer company ExOne of “diluting investors’ shares to raise millions just six months after its public offering”.
In the article, Colberg accuses CEO Kent Rockwell of mismanaging the firm and using it as his own “piggy-bank”. According to the report, within the company’s S1 registration papers lies a share sale plan that will enrich Rockwell more than the company during its next share offering. “The chief executive and his interests get far more money under this deal than the company itself”, explains Colberg.
Read More at ENGINEERING.com

By Kerry Stevenson

Kerry Stevenson, aka "General Fabb" has written over 8,000 stories on 3D printing at Fabbaloo since he launched the venture in 2007, with an intention to promote and grow the incredible technology of 3D printing across the world. So far, it seems to be working!