The most positive thing out of this mornings presentation - at least for Zerbe - is he should now start getting treated for dementia.
Man was absolutely clueless about his whole business - right down to not even knowing the status of current projects with PAR.
This is years of dead money IMO (and I still own quite a lot of stock). Zerbe - and the whole board - just don't get it from a business perspective.
Total incompetence with anything beyond the laboratory - they aren't even competent with regard to Quality Control / Assurance. This issue with the migraine supplier never should have happened, and wouldn't have happened with IGXT were doing the audits of their suppliers that any well run company does.
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