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Wednesday, March 09, 2016 5:23:09 PM
I absolutely believe it can. Unfortunately, our investment will be diluted into oblivion long, long before any of those trials will matter.
Partner now with upfront money...not the pretend "agree's to study" types or current shareholders are done.
We don't have time to waste. The "game" is moving fast.
King's lack of urgency is disturbing.
He should have made it abundantly clear that the company's path forward was a partnership and that he intends to make that happen before the shareholder meeting. His game plan appeared to lack that needed incentive.
Why is that?
Hand the keys to the technology over with a reasonable partnership and step aside. Go focus on what you do reasonably well and run AVID. Sponging off the shareholders via the ATM any more is unacceptable. The company is trading below book value and it is on him.
Recent CDMO News
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