InvestorsHub Logo
icon url

moshe Goldberg

08/15/08 11:36 PM

#968 RE: shortsinthesand #707

You are right, Dr Fischer was the CEO of Doll Tech and yes the company failed. My understanding he was helping Bob Doll get the business up and running when Bob got sick with cancer. He did the only thing a decent person could and took the CEO position. He developed and negotiated the contracts Doll had and put together the product mix and agreements to distribute the products all on his own dime.

Doll went public in September 2006 and Bob died in December. How would you expect to recover from the founders death 3 months after you start with no revenue and heavy reliance on Bob Doll's contacts in the aircraft industry to drive sales.

This is life, sometimes business make it and sometimes they fail. When the founder dies 3 months after the company starts, one could have seen this one coming a mile away, maybe two or three. No talent in the world was going to save it.

And then the question comes, what is the relevance of this post. As you can see by the timeline of Anviron, this business is older than Doll by several years and my understanding was that Bob was on one of the Boards of Dr Fischer's company's and that is how they met.

Relevance is the question on how Doll and its history of its founder death and failed business hurts Anviron and its future.