It’s a bs and deliberately vague statement from a desperate CEO who’s getting paid $170k a year working one day a week. He doesn’t want the gravy train to end.
It’s disingenuous to make statements about an unknown clinical trial result in 5 years time that isn’t even funded. It’s actual laughable.
What matters is his performance to this point and all he’s achieved is a massive destruction of wealth for shareholders. If someone is making $14,000 a month and owns $635 of stock then their motivation is the salary and not the share price. LCT would actually have to trade back to 26c for his shareholding to be worth one months salary. And let’s not forget he only works 4 days a month. IMO this bloke couldn’t deliver a pizza let alone a return for shareholders.
And so it’s hardly surprising that he’s spending our shareholder money trying to protect that salary. What a disgrace.
Cut out the dead wood.
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