rereading some of the presentations announcements and following the development of AdAlta over the last 36 months to this point, from the outside it looks like she went above and beyond the call.
One of the major factors Of the progression of ADAlta from very early stages to today would be because of Sam.
I really don't think you could question her commitment.
Quite often CEO positions can be precarious. Relationships inside and outside the company need to be developed, together with the overall progression of the business and development of the product.
the board of ADAlta are stable and strong, probably slightly over qualified in some respects.
The price of this stock has almost traded inverse to its development. Bit like OCC.
All good companies are forward looking as to what will be encountered over the next 6 months.
Internally, I think they know the potential of 1AD. It may be they are just setting the company up for the next stage of development with a slight reshuffle.
They have an interim CEO, however market will be looking for suitably qualified replacement with perhaps more detail of the chess moves with the CEO position.
(20min delay)