Pascoe sell the company, are you nuts, then his gravy train would be over. He only has 180,000 shares, he is going to ride this out at least another 2-3 years, collect his 600K yearly salary, collect his yearly 200-300k yearly cash bonus for he and his buddies for meeting corporate objectives. That is always a good one.
Question for you, would you sell and pass the cash up.NO WAY.
He probably knew the FDA wasn't going to approve.
Another question, who is going to hire him after these two disasters, what does he put on his resume.