Pierre, per the company's web site, Thomas was the chief technologist, so it's quite probable that he was one of the creators of the original software package. White's title/duty was really ambiguous to me, something like "Strategic Programs - Japan". They don't have an official office in Japan and, to my knowledge, have had no revenues from Japan. Anyway, that's the past. It matters little now. Thomas and White are history. What do you know, if any, of Witous?
The company has sufficient cash to weather through this transition period for at least a year. So I think we will see the stock going up from here, and for the sake of TEAL's employees, that the company will never go belly up.
Regards,
Tom |