Starbuxsux - "We should be spiking...why arent we spiking"
My explanation is that ECTE needs to show a clear path to commercialization. Mooney, a definite roadblock, has now been removed. But just changing the CEO and not changing the policy will not lead to commercialization. This is the same board which had looked on passively while Mooney decimated shareholder equity. What needs to be shown is that the board has acted with determination to complete commercialization. If a new partner or financing is arranged quickly that will lead to rapid price appreciation. The easiest path in my opinion is to get Platinum back on board and define a financing mechanism. Platinum's objections mainly related to Mooney so it will now be easier to negotiate. I just hope that the board has a clear path in mind and has not just acted out in anger at Mooney.
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