More negative reviews on Glassdoor...

More bad reviews of Blinkx on the web site Glassdoor.com. These reviews are anonymous, so of course must be taken with a sufficiently-large pinch of salt, but one curious feature about them is that they are consistent in portraying the company's management as arrogant and incompetent - and that is certainly my impression, as a shareholder who follows this company very closely indeed.

Just a few phrases picked at random:

"No communication from senior management... Whatever was happening in reality didn't seem to ever line up with whatever they're reporting to the world. Nothing worked as it was supposed to and results appear to be very inflated"

"paranoid executives micromanage ineffectively"

"Total lack of respect from management. Lots of mis-truths, white lies, broken promises, public humiliation, indifference, lack of leadership and indecision"

"A complete lack of transparency on any level. Management would commit to specific deadlines long in advance but not tell engineering until days before. Maybe it was a motivational tactic; always keep your employees near an impending crisis and they'll work harder. Just promoted confusion and stress.

No visible product roadmap. Products, to the extent that there were any, were specced out on the spot by looming managers. No one had any idea what we'd be working on the next week let alone the next month. Much more time was put into the press release schedule than the engineering schedule."

Of course this may all be total fiction, people using Glassdoor.com to trash the company because, for example, they have a short position in the company's stock.

Only problem is, as I say the above views very closely match my own from the way that I have seen Blinkx management behave over the past two years, and their total failure to deliver shareholder value or to communicate with shareholders.

We were told nothing about the total fiasco of the Miva bid. Months of uncertainty during which traders shamelessly manipulated the Blinkx stock price. It was the Miva shambles that finally persuaded me Chandratillake didn't have a clue what he was doing, and lacked the maturity, experience and gravitas to take Blinkx to where I think it could go.

And now we've been told nothing about the Zango purchase. Once more shareholders have been treated like mushrooms - fed shit and kept in the dark. To watch Blinkx management behave anyone would think the company was privately-owned by them. It isn't. Blinkx has shareholders and it is we who own the company, not a management team that has never to date, so far as I am aware, put its hand in its pocket to buy a single share in the open market.

Time for change. Chandratillake has had two-and-a-half years now to deliver, and he has delivered nothing of value - the company share price even struggles to reach the recent placing price.

And if he has delivered, why the hell doesn't anyone know about it?

Time for change. The company needs new management, one that can obsessively focus on delivering strong revenue growth, profitability, and a strong and growing share price. Or who, if they can't do that, can put the company up for sale to the highest bidder. Because Chandratillake has had long enough and in my view has been shown to be very sorely lacking...