Delcath Systems Inc (DCTH)

[ddaurelio]

@DE - Very well said! From a business perspective, the actions of the BOD are indefensible. To stand by and literally watch the share price be decimated, making no attempt whatsoever to communicate with shareholders, or to stop the bleeding suggests a callous disregard for the people who have invested in this. With no "skin in the game" of their own (as evidenced by the lack of filings showing BOD open market purchases of stock), they had no incentives to do anything other than the same-old thing with HB, Ayrton, and now Roth. If I was CEO or any executive officer of a publicly traded company, I would be embarrassed to show the share ownership levels that these people have listed in their filings.
From everything I've seen, they have clearly abrogated their fiduciary duty to shareholders.