Good Morning hottod, the reference to the board and Detroit was based more on no deals being signed and the company then has to raise more capital.....heaven forbid!! If board members were replaced I wouldn't expect the burn rate would change much at all?
A bit of a "topical" joke given what has happened in Detoit....once the engine room of America, but ultimately riddled with graft and corruption and looking after those close to you....rightly or wrongly. I'm not saying that is happening in this case but one could be forgiven.
I'd hate to see POH end up like Detroit.
Apologies if my post didn't make sense....I knew exactly what I was talking about! haha.
10.5c, page-13
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