Dubber.Dubber.Do., page-7640

Agree Paradigm, the bad debt with IBM is a real blot on Steve McGovern's credibility as a company leader. Not being able to resolve that issue ove a 3 year period is unforgivable. He would have been better off just accepting half payment two years ago and moving on, to save the ongoing negative commentary and bad image. At 50% write off that's $4m cash, and extends the cash runway to break even. Whilst I have great faith in the rest of the team, I'm not sure Steve McGovern is the right man to be leading them into the future. Credit to Steve, he has been a great advocate for the business he helped found, and is clearly very passionate about the offering, but I think the Company has outgrown him and need a CEO with a big corporate background. My opinion only of course.