Have just looked at DY6's quarterly. $2.6 million in the bank, so he can't have "resigned" to slow the cash burn. If that was the case, I would have expected the remaining directors to reduce their salaries to zero. No sign of that.
Same project portfolio, so no clue there. Tundulu remains the standout, which the ex-CEO brought in.
Still no clearer on why the CEO departed less than a year in. With no replacement. The plot thickens .....
Ann: Resignation of CEO, page-4
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