Kiernan was already a year late due to his inability to raise money in a market that does not have one ounce of respect for him.
THe RSPT is an excuse. RCP was botched with the La Jolla funding and then finance for 18 mill could not be found. SWA issue was so poorly subscribed he had to crawl to DCM with hat in hand to raise almost all the money. Now they need more and no one wants to give it to him.
MK you are using the RSPT as an excuse.........the reality is no one wants to give you money because you cannot be trusted and adhere to you initial undertakings.
MK has 'got to go' and new life will be instantly breathed into this company.
My vote is he goes.....anyone else keen to show him the door?
NW
SRE Price at posting:
8.5¢ Sentiment: None Disclosure: Held
