. . .You will find that jhild has no intention of even acknowledging that TC did a good job and accomplished a great deal while at SNTKY.
I make no statement about his accomplishments. But before you lionize him, you might note that he has a number of detractors at the companies that he has been at. The SNTKY thread was not at all unhappy to see him depart. Posters apparently from MCTI even posted their warnings about him there.
You would speak to his accomplishments, but the record looks to me like he was removed. He resigned on 11/4 or thereabouts. This was after disclosures (beginning 9/17) of misstatements in his bio that I posted yesterday. On 11/20 the new CEO issued the third quarter results. Looking at the nearly 30% drop off in year to year revenues for the quarter, the problems with his CV raised on the thread may not have even been a factor.
NAPA, Calif., Nov. 20 /PRNewswire/ -- Senetek PLC (Nasdaq: SNTKY) today reported that revenues for the third quarter ended September 30, 1998, were $1,074,000, compared with revenues of $1,374,000 in the previous year's third quarter. The company also reported a third-quarter net loss of $(5,748,000), or a net loss of $(0.11) per share, compared with a net loss of $(3,005,000), or a net loss of $(0.06) per share, for the previous year's third quarter.
Senetek
Three Months Ended Nine Months Ended
Sept. 30 Sept. 30 Sept. 30 Sept. 30
1998 1997 1998 1997
Revenues $1,074,000 $1,374,000 $3,846,000 $4,477,000
Net loss $(5,748,000) $(3,005,000)$(12,151,000) $(7,595,000)
Net loss per share $(0.11) $(0.06) $(0.23) $(0.16)
Avg. no. shares
out. 54,742,000 51,222,000 53,803,000 48,282,000
prnewswire.com
After looking at the financial results, I am left wondering from your statement just what accomplishments you had in mind? The elevator ride that he took the stock price on? |
