I must admit I was disappointed by the reduced revenue received in the last quarter, no significant update on CEO, simple mistakes in the reporting and then the admission that the price sensitive announcement should not have been price sensitive. Ok we might not be getting revenue from IP sales in products, but I would be expecting more companies entering into the EAP process or purchasing the IP licence, especially if the tech is as revolutionary as folk on here build it up to be. Sugar coat it all you like but the CEO has been selling, Anil Mankar has been selling, and LDN has been selling.
Moving forward the next test is whether or not they can attract a reputable CEO. In an ideal world, the CEO would have been locked in some time ago, however they are waiting for some kind of black out period to expire in their previous contract (one can but hope). The next quartley report should also be telling, because if these development boards don't result in some chip/IP revenue , I would start to be very concerned.
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