Majesco recently announced the resignation of its chief financial officer, John Gross, who will be replaced by an interim executive when he leaves August 20. For what are likely his final official remarks at Majesco, Gross leaves with these words: "We have worked as a management team to put an operating plan in place to continue to improve the performance of the company and grow profitability. I wish the company and the management team all the best in the future."
IndustryGamers notes the company lost another $1.6 million in its second fiscal quarter. Also, with a little under a month to go, the company is coming dangerously close to hitting its Nasdaq stock exchange delisting deadline. Come on, Majesco, have Cooking Mama bake up some compliance again.