VCR ventracor limited

This is definately the prudent way to go.Forget about...

  1. 13,293 Posts.
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    This is definately the prudent way to go.

    Forget about overthrowing the board.

    The age report says exactly what i have been saying, that outgoing monies are being cut to the bone so VCR can survive till it finds a cash injection to finish the trials.

    You can see what the cash burn will be by the EFY.
    They will still have money but not enough to survive any further without a partner.

    Gdavid wants you to believe that VCR can survive without the need for a capital injection, and that a change of board will fix all.

    He wants you to believe that these 3 new board members have the skills to see this through to commercialisation.

    Does anybody on here really think that?

    Even though the present board have stuffed up massively we all knew from the beginning that they are medical people lacking business sense.

    So now everybody seems to be backing business people with no medical sense.

    Even though these new guys might think they have their better interests at heart and think they are doing the right thing, i think our ONLY chance is to hope we can find funding, either through a partner or another form of money raising.

    Forget about revolts it's a waste of time.
 
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