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Monday, June 22, 2015 10:46:43 AM
1. They are sorely in need of some additional business expertise (particularly high-end sales and marketing) that can help them move into broader markets beyond GE/Honeywell.
2. A board comprised of independent directors with only the stockholders interests as motivation would provide confidence to a whole new group of investors who are not quite sure at this point whether this is a real business or an extended academic R&D exercise.
I frankly don't understand their hesitation in moving forward on this front. They will have to do it anyway before they can uplist. Why not do it now and gain the benefits that an independent board would provide?
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