"The director should be sacked, plain and simple."
Ok so the timing of the annoucement was bad (coming during a downturn in markets generally), but he has an impressive resume, with some pretty important contacts, an important director to keep on board, I would have thought. From the Anteo website:
With degrees in Biochemistry and Medicine from the University of Otago, New Zealand, Robert has held academic teaching positions at Monash University, Melbourne, and Stanford University, Palo Alto, and pursued orthopaedic training in Melbourne Australia. Robert is a founder of Bodyworks Healthcare in New Zealand and Bodyworks Inc in California. He is a director and significant shareholder in Omni Life Science Inc, a US orthopaedic implant maker, as well as being the NZ based Managing Director of San Diego based VC firm Finistere Partners which is focused on device and diagnostic assets. Robert is the founding director and a significant shareholder in a NZ based diagnostic investment company known as NZDX. Robert is a senior advisor to the Foundation for Research Science and Technology in New Zealand and has an extensive network in California, particularly in the diagnostic market segment.
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