On the contrary, this guy is firstly the least experienced on the board in terms of biotechnology. The guy is just a broker who I beleive was dead wood at CBZ.
Talk was they have wanted him out for a while...I take this as a win as we get someone else with a high profile to take his spot.
I have posted the credentials of this co before...Ex CEO's/ presidents etc of some of the worlds biggest biotechs , I would think it very difficult to a find a board(especially with this director gone) that has anywhere near the experience than this co...for a co worth 70-80 mill its fabulous.
Im betting on a market cap of 200mill prior to results and 350-400 mill if the results are good.
I suggest you call CBZ tomorrow if you have any concerns about this director. Getting closer now
CBZ Price at posting:
55.4¢ Sentiment: Buy Disclosure: Held