Another example of the very poor management within the company and lack of direction and control by the board.
The board has not quantified the total loss in the Huon fiasco - hiding the damage over several years and not even admitting they have a problem that needs addressing. Not good enough in my opinion!
Have been waiting literally years for RIC to show a cohesive plan for the commercialization of Novaq - and this indicates further evidence of pathetic quality systems and management "asleep at the wheel".
So much potential but so much incompetence IMO
RIC Price at posting:
$1.34 Sentiment: None Disclosure: Held
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