InVivo Therapeutics Hldgs Corp (fka NVIVQ)

[skeetly]

Yes... new interm CEO...

Former Social Security fella...
http://www.ssa.gov/pressoffice/factsheets/astrue.htm

New CFO...
http://www.hotstocked.com/article/63812/invivo-therapeutics-holdings-corp-otcbb-nviv.html

and clinical plan set to begin Q1 2014, staggered and not all at once...
http://www.invivotherapeutics.com/2013/08/invivo-therapeutics-updates-clinical-plan/

Many have taken these changes negatively, and while it all did happen at once, I am happy with it in the long run. The old CEO, Reynolds was overly exuberant in timelines. He did a GREAT job in my opinion gettin the company to where it is now ie FDA approval for HUD status, FDA approval for human trials, securing financing for a state of the art manufacturing and research facility in MA, but it was time to pass the baton to people with experience in getting this thing from R&D to revenue generating which could still take some time and while they have enough cash to last until the end of 2014-beginning of 2015 (they are also debt free) the people involved have acces to private equity sources.

Again, anything could happen, but I am comfortable with this companies path.