Hi John,
There is very little Becky or anyone else can do at this point, the planning, organization, performance contracts, test protocols all needed to be properly done long ago. Not that I'm saying they were not done properly just saying that there is a limited amount one can do at this point.
Its probably safe to say DMX was the lone financier for the WF-10 phase III. Give the amount of cash injected in to OXO, I would very much expect that everything as you mentioned above "needed to be properly done long ago." It MUST have been done properly.
I believe Rebecca occupies one of the seats on the OXO BOD. Especially in a private firm, she can insist on protecting DMX's interest any way she sees fit. I totally expect that she has.
I like your analogy. The little I know about RK, she is a detailed thinker, so I'm hedging towards QA and monitoring was done. IF the QA or any monitoring wasn't done, then its definitely too late now. Like I said, RK had the opportunity to buy a ticket for the Queen Mary trip. I sure hope she did.
With this new information on the state of the WF-10 analysis and Mark's caution to get the data analysis right, I bet the timeline has pushed further into the future. Before, RK did say a definitive purchase arrangement expected end of 2Q (Nov), and then today its end of 3Q or by Feb 28th. DMX involvement Dec in collecting, recording, but db not locked yet. Sounding more like 4Q. |
