good morn, Paul - so true. IMUL did shoot itself in the foot many times, but let's hope they are the residual effects of the former mgt team. I was disappointed that its snafu has cost it a year of Ragweed Allervax.
However, getting a new corporate sponsor lies in the ability of the current mgt team. It has to present its case, convincingly, that the technologies have the potentials and the past mgt blunders are over. Otherwise, it will be the chicken or egg dilemna. If IMUL has nailed down everything, it probably does not need a corporate sponsor; in order to nail down everything, it will need to calm the nerve of the investment communities - and thus provide the remaining workforce some incentives to work diligently.
Even though I am an outsider and merely a causal observer, one of the reasons there was a wholesale change of board and mgt team is to restore faith, even if the actual carryon and results of the work are a matter of probability.
rgds Bosco |
