replacing the board, page-4

Padd,

I mentioned somebody had to come from the existing shareholders.

As for running the business, if you look up John Ward's Chairperson's presentation. Though clear it was, these sorry lot was spending a lot of their time on the additional finances raising. So when are they managing the business.

As for running the company, there are consultants for everything like FDA submission and the Scientific community presentations. So the management team need to be there only to oversee the controls of the cost.

As for the peanuts gets monkeys joke, even if you pay their weight in gold, there is possibility and a very high possibility that the result may even be worse than monkeys.

Just look at the present corporation managers, who do you think are good and managed their company better. I am not trying to be sarcastic. I am very depressed by the quality of the corporate management available at the present.

As for the big dollars, Peter can be shown the door without costing the company anything by not renewing his contract in May. The new guys can be paid in the shares of company that can be bought in the market now and paid when they turn this horribly aground ship into deep waters.