Ayala Pharmaceuticals Inc (ADXS)

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If you think about it, Lombardo's 10 month leadership at ADXS was a colossal failure. It took him two months to asses the business then he unveiled a new strategy that would create greater value, and other than that he was pretty much silent besides given a couple low-energy investor presentations that failed to inspire confidence. Then at the end of the year, he announced the exec team was underpaid according to a consultant, so they all got raises. Then the climax and final spitting of a big lugar in the face of shareholders was his doing a dilution at the lowest stock price in the company's history, literally selling 20% of our Phase 3 company for $2/$20 million buying only 3-4 four more months of operating runway. Just pathetic. Grandpa should have been in retirement all along, not running a company. Nice transition and succession planning Sid"rat"sky that resulted in another 75% of shareholder value destroyed.