Bioelectronics Corp (BIEL)

[Simpsonly]

No question, you are correct, BUT, those were rookie mistakes.
I learned 2 rules from a wiser and more experienced very senior executive on a corporate flight many years ago. There were 3 of us on board, the senior man, my immediate boss and me. My boss was arguing that we should advise the media what we were doing on a particular project I was working on and responsible for. My respectful argument was that we should remain silent, for the time being, only for the time being.

The wise much more senior executive turned to me and looked directly at me. He was sitting on the left side of the aircraft, I was on the right, my boss was sitting facing backwards on the left side.

The wiser man said, "There are two rules for success, rule #1 is never, ever, tell politicians or the media anything, until you have locked down your success. Rule #2 is this, read #1 again." My boss remained silent.