Mr. Corbett will not resign, although I agree that he should consider it. He and Mr. Chubb go back a long way, to their days together at T-Cell Sciences.
At two dollars per share, it is inconceivable to me that anyone who thinks that this company is still on track woould not buy it. Period. No questions asked. This includes low level as well as higher level employees. Anyone can afford it. With no one else stepping up to the plate, I am suspicious that there is something I do not know. This is very disconcerting. I have always placed a great deal of trust in Steve Chubb but, alas, that confidence is deteriorating.
I am willing to tolerate just about anything other than a less than candid opinion. I do not think we are getting that type of feedback from the company. Unfortunately, given the distribution of the floatable stock, there is no way that we, as individula shareholders, can do anything about this situation. It is out of our hands. The only way you can vote is with your shares on the open market. Perhaps a stock price of under two dollars, a threat of delisting, and the burning of cash for the next several months will force the insiders and institutions who own more that 50% of the stock to vote with THEIR stock and force change to occur.
As a very long time supporter of the company, and, I may add, a very large shareholder, I am disillusioned.
The clock is ticking.
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