michaels resignation, page-2

  1. 1,333 Posts.
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    loss of CEO makes me uneasy just after losing head of chemistry. also three other senior staff in last 6 months. That is a large attrition rate for such a small company.

    So many people leaving is a bit weird in my view. Anyone know how relationships are on the Board?

    My fear is they know something we don't and are getting out.

    This statement was interesting: 'evaluate business priorities across the product development alternatives.'

    I would guess that means some products are going to be scaled back/dumped. The biggie of course would be lenes. One year now since the unsuccessful human trials, and months since the co-development company [one in take-over talks] was meant to be back in development.

    Interesting days.

 
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