Been a holder for a while and since the last CR of $18 mil about a year ago I have changed my view .
The CEO is an overpaid Salesman and he burns cash without matches.
Over the last 6 months I have made suggestions on actions that SH should take because clearly the Company cannot survive on Grants and the Salaries need to be cut by at least 50% or they should move on. As you say Billy the are a lot of top flight CEO's that would take on the challenge for a hell of a lot less than Mr MO.
I dare say that most SH are underwater with their investment and its time for change.
I hope SH vent their spleen at the 4 presentations to be held around the country in the next few weeks.
CCE Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
