Many of you have a good deal of money invested in this stock and I am finding it hard to believe how passive you are about the way the stock has behaved (by the way I am a stockholder once again...bought a few hundred shares in the very low 3's that I intend to sell if/when we get another artificial bounce). Some things should be indispuable at this point:
Mark has the business sense of a chipmunk, and worse, apparently has been given free reign by the Board to make all key decisions.
The Board is decidedly stockholder agnostostic at best. O'Mara runs a management consulting firm for God's sake. A freshman business major would have more sense than to let Mark do the split with no sales in his pocket.
Shareholder's passed up the opportunity to oust the Board at the last meeting. If I were a significant shareholder I wouldn't make that mistake again. If you are to receive value for your investment you need a Board that looks out for your best interests first.
Painful as it might be Mark needs to be taken out of an operating management role and put in a technical role where he could make the best contribution. Whether this involves bringing in a COO or bumping Mark up to Board chairman and taking away his operating role does not really matter, but it needs to be done, and soon, or you are going to see your investment funds vanish in a flash.
Waiting to take action until they are forced to issue more stock to survive is like waiting for the water to reach your porthole before donning your life jacket.
I understand that many will differ with this outlook, but I'm afraid if you don't organize to take action soon you will wish you had if sales are delayed until they are forced to dilute further, simply to survive.
