I agree that the LJC funding was a big contribution to our current problems. Share dilution, legal fees, and if we lose the case, we owe a sizable "true up" payment. The LJC was piled onto the Brio mess and all the other legacy problems. Glenn was responsible for engaging LJC, gambling that the worst case scenario would not happen - which it did, and allowing it to go on for so long before acting to stop the bleeding.
I can't necessarily fault him for the Argus not being commercialized yet. He at least gave it a chance and those connections led to another possible win with LTAS. Based on the DRNE PR, I cannot tell whether WASP orders are coming or not and whether orders of size are anticipated, but WSGI could not sustain the LTAS relationship long enough during the wait to keep the Hess's happy so he had to let it go it would seem.
The share price decline happened under Glenn's watch and he has had a number of years to make a positive difference without success. But, have his latest moves put us in a position to realize a future increase in shareholder value and how long before we see if that happens?
Also, what of the BOD? Are they not somewhat responsible for putting us into the position we are in and allowing Glenn to make the moves he has made? With Drew West as COB, maybe we will see some difference in company direction, urgency, and eventual success.
