NEO- This guy has hired on as the money/investment manager, a more targeted placement of management resources. Just makes me wonder if he will be managing the interest from funds for transactions like strategic private placements or other investments etc. I would assume he is more savvy about working with investment shops. I'm also hoping that this is an addition to the team because growth prospects are looking up now that Clarient has been fully digested and integrated. For those who have not kept up with the details, NEO announced starting a lab in Europe to handle the Clinical study action, stating that some of the multinationals were asking for a physical presence there for study support. Also, behind the announcement last quarter of a big uptick in requests for PDL1 testing from new customers (who do not use other company tests), is the prospect that sales will move up as new customers get acquainted with the full range of the test menu.
One can hope.
aj
