The answer is simple, mothball the operation, drop back to a skeleton staff, reduce the board similarly and conserve what funds are left. That course of action would be a ringing endoresement of shareholders rights.
This operation is bloated and must be radically cut back.
The script reads like an episode out of "Yes Minister" remember Sir Humphrey's hospital? Humphrey, you've built a brand new hospital and filled it with equipment and 1500 staff but no-one lives there yet. Ah yes, Prime Minister exactly, an example of perfect bureaucratic planning, we are fully prepared for when the patients do arrive.
WAKE UP!
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- Ann: Corporate Presentation - February 2018
Ann: Corporate Presentation - February 2018, page-21
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