"If the present management screwed up on the last company, would he/they not correct what they did wrong on the last venture?"
This reminds me of that old saying, "A leopard doesn't change it's spots." This is a generally true statement, unless there was some sort of a result so painful, based on someones actions, that forces them to change. This is not the case with Dr.D, because he had a golden parachute from Apricus and will continue his irrationality and lack of common sense.
I would say that Dr. D will be utterly enthusiastic on the next conference call and that and have to mute out his laughter and snickering several times during that call.