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Thursday, February 20, 2020 3:52:57 PM
"No" was the repeated MO of the previous CEO. Why? Sound familiar? Don't like silence, silence means "No!" Why silence as to progress on any deal, any one of the 7 or 8 on the White Board since early October?
Keith Nalepka was totally positive going back to reverse previous "No's" and to the big OEM market to generate deals. But, monthly fluffs say nothing. Did the marketplace push back, reluctant, because of the toxic past? If so, the silence is deafening, because most will not say anything beyond, "We'd love to, but", or, "My hands are tied", or, "I wish I could, but" or, "Management doesn't like red flags and you've got a red flag!".
With many weeks of silence, let's change and tighten the plan:
February 20, 2020
1. Toxicity - Whelan name toxic - past is a huge impediment to deals
2. Board of Directors - Whelan name toxic, create new BoD or no deals
3. Share Structure - Fix it fast, as laid out, or lose it all
Silence in business means fear and/or "No!"....Tic Toc
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