That's a scary question. Up until March of this year, I had stated the following in the iBox:
At least one poster here took issue with that statement although it seems clear today that the company wasn't ready for any succession of Sales/Marketing/CEO roles. To me, that represented a major lapse on the part of the Board of Directors. Whatever the reason for JG's rather sudden departure, it didn't take a rocket scientist to see that his health could become a factor. I don't wish health problems on anyone but this was an obvious issue that the Board appears to have turned a blind-eye to.
OK....so no one is left in a leadership role now; at least no one has been announced other than a 'committee'.. Some would question whether we are worse off. I would argue, we are. At least you had the 1% glimmer of hope that JG's bravado might actually pull off a deal one day. Now you have an absolute void of any leadership. We've slipped from 1% to None%.
If Wall Street climbs a wall of worry, it's no wonder that a CEO-less company slides to new lows. $0.35 a share is ugly getting only uglier until this Board either takes action or resigns. The Board have, IMO, completely ignored their fiduciary and legal responsibility to shareholders of this company..
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