Exactly Right. This is a major point that is too easily overlooked:
after 14 years of mismanagement by the former CEO, that will impede the sp from running to the appropriate price
Here are some of what's needed for BIEL to maximize shareholder value?
1. Products that work - PASSED
2. Smart brains behind developing the technology - PASSED
3. Sales team that can bring deals to the table - PASSED
3. A viable market with high demand- PASSED
4. A CEO with a proven ability to build a profitable billion-dollar company - FAILED
Having Kelly "180-days" Whelan center stage of the company will stunt the pps.
A new CEO with a fresh face, an industry insider, one with a proven ability to lead a growing organization is what is needed. A CEO that is focused on maximizing shareholder value, not caught up like KW in delusions of grandeur, and fulfilling her daddy's dream. Company success needs to be the #1 priority, and KW has time-and-time again stated that it is "Family-First". She isn't running a family business. She is running a publicly-traded company.