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Post by _neil on May 8, 2015 9:30:04 GMT -5
I am reeling from the shocking levels of the ineptitude.Forget my financial losses - I spared a thought for Al Mann. This is the legacy he is going to leave the world with? Of all the companies he started, his namesake will be remembered as his Waterloo. Bloddy hell. I thought the product will sell itself (and so will the stock) but no force on earth can stop a bumbling idiot's quest for destruction of stock holder value
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Post by seanismorris on May 8, 2015 9:43:23 GMT -5
As soon as you heard the CEO say 'I plan on stop selling shares" and Al gave his comments you knew the call was going to be bad. I love Al, but only reason they had him on was to add credibility to a company who's management failed miserably this last quarter.
I renew my call for younger blood on the board. No urgency at all...
No reason at all to add shares a this point... I expected Afrezzas uptake to be slow, but managements pursuit of other Technosphere opportunities is obysmal. Expect no news for 12-18 months? Wow!
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