Ann: Key Organisational Changes showcasing Alexium's Growth., page-105

I don't agree with everything you say but the first bit is spot on "the market hates uncertainty" and with equity markets up there with past highs there needs to be very compelling reasons for bigger players to pile in, any doubts will put them on the sidelines ATM IMO.
With regards to management taking this to $B MC, I don't know much of Dirk but so far no complaints. I have seen situations where companies put up a young guy to take a fall for someone else's mistakes but for the you guy to step up, miss all the land mines laid, and steer the company far better than predecessors (I don't think Dirk is the fall guy here but he has a bit of a PR mountain to climb). There is a reason, occasionally, younger people get promoted to positions you don't expect them to be experienced enough for, and that is the people that get them there see something exceptional in them. NC is very much get things done type person so when everything was about military contracts he went about securing those contracts, yes it is taking longer than expected but the DOD has the luxury of taking its time, now he is still servicing the DOD as a sales rep type position and with so much going on with the rest of the company feels it is in the companies interest for him to step aside (having a CEO on capital hill is great but also a little strange).
Until I am proven different, I think NC will bring in the DOD and will start to look for his next big thing (maybe with GR as they know how each other work), Dirk will stamp his authority and far exceed any current expectations of him, he has energy and you don't get to where he is by being average!!
Just as a side note, I looked at new Nike running tops this weekend, $55 for a skimpy top with cooling technology, you look in more detail and the technology is having holes in the material. Wow what technology, wear sunscreen and no shirt and you beat this hands down. If Alexicool works well and the new apparel company deal gets some real traction, every runner, cyclist, soccer, rugby, tennis, squash, badminton .................player will be very interested. Costs are my only concern, it is all well and good to bring up amazon etc but it is a small company and dilution is a small problem but if we get another gfc or something more sinister at a time they are needing any form of financing for whatever reason it causes risk. How many companies started like amazon with the same model and fell on their face with shareholders going down with the ship because they thought they were the next Amazon or similar. As a share holder I want to see profits with the least risk possible, or be able to see into the future.