It's fair to say that management haven't executed on much of what they have spruiked to the market. They had $58m cash in the bank at one point in time. They've spent all the cash and have now hit a roadblock with funding. Existing cash and money repaid can be recycled for a time but eventually it would run out due to expenses.
Having so much cash and not being able to pick up a funder based on the growth that was acheived shows a failure from management. Do you think that the lessons learned from what has happened could help management be better in the future? Or do you think they simply aren't leading effectively and success will only come by replacing them?
It's fair to say that management haven't executed on much of...
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