Monday, March 12, 2018 9:08:23 AM
This reminds me of what I saw while watching the TV show about The Rise and Fall of Tower Records. (although much different industry and under different circumstances). Investment group came in and gutted the core group, taking away the human emotion connection of the company with it's employees and customers.
I feel like all the people involved in this company's beginning had true compassion and concern for the patients, a belief that their devices would improve their patients' physical and emotional well being. That was the #1 reason for the company. Those people are pretty much gone, now it is money men, and making profit that drives those in control.
It seems to me that Mr. Looby just found out how it felt for his predecessor. He was brought on to take the company to the next level and probably instrumental in getting Puissance involved and not they are showing him the door.
While I do understand that a company cannot continue functioning if it isn't profitable, losing sight of the real reason for the company in the first place is not the answer either.
These are only my feelings, nothing factual, we will never know the story behind the move. Like you said Porsche, could be a rocky road.
Recent EKSO News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/29/2024 09:22:20 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 07/29/2024 08:55:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/29/2024 08:39:19 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 07/29/2024 08:39:17 PM
- Ekso Bionics Reports Record Quarterly Sales of $5.0 Million in Second Quarter 2024 • GlobeNewswire Inc. • 07/29/2024 08:05:00 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 07/26/2024 08:15:48 PM
- Ekso Bionics to Report Second Quarter 2024 Financial Results on July 29, 2024 • GlobeNewswire Inc. • 07/22/2024 12:00:00 PM
- Ekso Bionics Announces Research Partnership with Shepherd Center • GlobeNewswire Inc. • 06/25/2024 12:00:00 PM
- Ekso Bionics Appoints Deborah Lafer Scher to its Board of Directors • GlobeNewswire Inc. • 06/17/2024 08:05:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 10:08:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/10/2024 09:28:29 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 06/03/2024 08:58:45 PM
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- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/04/2024 09:14:55 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 05:16:39 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/10/2024 10:23:43 PM
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