News Focus
News Focus
icon url

jakedogman1

07/13/16 2:31 PM

#268193 RE: north40000 #268192

an internal staff person will not be seeing the same things as a VC person looking at deal flow or another biotech exec looking at the big picture... what is your defense for this BOD? I'd like to hear it... your credibility is at stake....
icon url

corporalagarn

07/13/16 2:31 PM

#268194 RE: north40000 #268192

Are you looking to take the title of top BOD apologist away from CP? I see a battle.

95% pps decline while collecting millions in salaries and stipends.

No need to look further. The above is a fact. Your opinion on the BOD is your opinion.
icon url

bfiest

07/13/16 4:15 PM

#268207 RE: north40000 #268192

Come on North you know he is talking about a level higher of experience and responsibility than the managerial level. The BOD sets the vision, strategy and represent the company at the highest level of negotiations. They steer the ship. Their credibility is questionable at best based on their backgrounds and experience and their results or lack their of to date. Personally I wouldn't care if they were sweeping floors all day long if they got results. That is all any of us want and these guys have not delivered shareholder value to date. Sure avid is a success, I give them that, but it is not paying the bills and we shareholders are suffering because of it. What is the concern with bringing more financial or industry experience to the process? Why wouldn't anyone want that? Why wouldn't they "themselves" want that if it means better and quicker results. And please save me the trite about protecting the poison pill or not giving the company away for pennies. I'm sure it takes a majority to vote on such matters and ES still has his majority in place. Let's encourage them to do what is necessary to win this game for all affected. It is common business sense and it is in our/their best interest.