Bioelectronics Corp (BIEL)

[Simpsonly]

"Just trying to get some opinions and scope on, "The problem is that she's so incompetent....."
How so? I've been out of the picture for a while. Thank you."

Tks for the reply - you've given 4 good, solid opinions, stunning disappointment, brink of failure, situation is hopeless and business model is incapable. I agree with the 1st, the rest are pure speculation.

I recall when BIEL had a great team, but it was irritatingly dysfunctional for many years, because of the former CEO's dictatorial management style and Founder's Syndrome - couldn't get out of his own way and deaf to great suggestions by others, including the current CEO!
IMO, the destructive style disappointed all concerned. We were all victims; potential partners, retailers, customers, regulators, employees and stakeholders and cost stakeholders many, many 10's of millions over the years, to where we are today - the .000whatever toilet!

But, Dr. Staelin and Keith Nalepka were always highly positive to the project. These are the facts, as I know them to be. Not opinions or speculation.

What I'm looking for are factual answers to my 'How so?' question. You say the current CEO is incompetent..... How so? And, if so, please provide examples, other than the financial failure, which I'm aware is the ultimate baromenter, when reviewing CEO performance.

Pretend this is an HR middle management corrective interview..... How is the current CEO incompetent, with specific examples? What changes would you recommend to manage BIEL out of its decade plus SP toilet and when?
Thank you