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Friday, July 07, 2017 7:00:38 AM
I replied, asking to what extent I should share the info contained therein, as he did mention that they prefer to limit public disclosure on Dr. Patel until they receive permission. I will only confirm that I got the same basic message as the others and the wording is such that I believe he is being truthful.
As for the AGM video (last year's was posted during the first week of August), they are actively reviewing the edited version in preparation for uploading during the coming week, at which point they will also be updating the Board of Directors information. The new team seems to be a little more responsive than the old team in that regard as well.
To Times Yours, I understand your frustration, but we can't logically blame or even distrust the current management team because of the actions (or inaction) of the old team. The new team finally closed the door on Longtai; launching in Asia first would have been incredibly difficult to support, and who knows what they would have been giving up for that deal - probably a LOT more than the $20M we'd have received up front. Turnover on the SAB should be expected; these are all very busy professionals who have things to do and lives to live - this doesn't worry me at all. We still have our SAB and like any staff of any business, turnover is also an opportunity to hone the skill set to best match the needs of the company. As for timing of the RS vs. the announcement, I have no relevant experience in that realm, so I have to trust that they are doing what needs to be done to keep things rolling and to get into a better near-term position.
Other than all that... Good morning everyone!
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