Nope. I think any new CEO with a clear vision with money to execute a business plan that communicates transparently with all shareholders would turn this company profitable and that could include Mick Wynhoff if he was willing.
I think you said it well in a recent post that needs to be repeated:
I wouldn't call taking shares in place of salary as 'buying'. The correct thing to do was to forfeit his salary or resign. Or if he couldn't bring himself to quite do that, at least bring in a bod who would hold him accountable or (ahem) have a clue in running a successful business.
The only thing I disagree with is that they need to clean house with all BOD's and start fresh.
No CEO (Michie) should ever be on as a BOD. EVER. There is too much temptation and as we have seen with the other two BOD's and BOD who had to step down...
to have ZERO ACCOUNTABILITY.
The 2 other BOD's have not held CEO Michie accountable EVER.
The road to ruin is always paved with good intentions.
I have said it over and over again:
CEO Michie (and all BOD's for that matter) needs to resign.
Until this happens, this stock is just going to be for scalpers from one pump and dump to the next.
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