They have run this like a wildcatting or Vegas roulette operation not a public company with a duty to make sensible decisions for the owners, the shareholders. How many CEOs/BODs would go all or nothing on the future of the company and still retain their jobs? Yes, we have AVID, but that is relatively small solace to what we would have if they had partnered at Phase II or even Phase I. They far overestimated their abilities to bring Bavi to fruition and the shareholders, not them, paid the price.
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