I dont see any big deal about this.
Their market model is b2b and mostly medical device suppliers/manuafacturers.
I am not suprise they will hire someone who has strong experience in this field or marketing related .
In addition, they said in previous announcement that they want to save around 100k per quarter so cutting costs to focus on their development activities is a good thing for shareholders.
Have you seen a company that generate revenue around 200-300k plus per quarter, burning costs around 800k or less with a market cap around $10-$11m. No CR is required for a long tkme so hopefully they will break even in the soon future.
I am keen to see if the top 20 holders remain the same.
Trading activities have been very low so I am happy to keep this company long term.
They serious need to do more roadshows and start talking with the brokers to gain their support.
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