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Re: Doctor Detroit post# 13252

Thursday, 07/05/2018 11:15:37 AM

Thursday, July 05, 2018 11:15:37 AM

Post# of 16885
agree.. 0 reason to continue to employ the staff on hand based on their dwindling cash...I fervently hope that each member of the BOD is held personally liable for their lack of oversight on this company's spending...not sure if they are counting on Errors & Omissions insurance to cover their legal expenses from any lawsuits by shareholders but they, collectively & individually have breached their fiduciary responsibility to public shareholders in allowing the gross mismanagement of this company for years.. as I have said many times before... if it was my business and my cash I would have terminated all staff long ago, terminated lease on building, run the business from a virtual office, focus on selling to prisons/jails, HMO's, & the VA etc by cutting the price to promote adoption & generate dollars... especially appealing to self-funded ventures noted above who have the medical staff on hand to do the procedure but who also are constrained w/tight budgets & constantly must evaluate the fiscal risk/benefit of costly implant vs generic oral buprenorphine... really not much more to say
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