senior vice president of operations, page-5

I think the term is "surplus to operational requirements...."
Shame, couldn't have been that effective if they can do without a senior executive team member of his calibre, especially at a time when the company's about to go through an engineering and operational expansion with what's going to be achieved over the next 6 months.

Although after a period of rapid growth there's usually some consolidation, I suppose extreme measures have to be taken to reduce the cash burn rate. Probably a sign that the Company is in for some tough executive decisions over the next couple of months along the same lines.
AS mentioned something about having a closer look at costs.

Wonder what or who is next to get the chop?
Or will there be another CR venture?

NASDAQ Official Close Price: $5.90USD

Never see below $1 again................. LOL