MDV 0.00% 0.3¢ medivac limited

What i really wanna know is why Paul McPherson is still running...

  1. 204 Posts.
    What i really wanna know is why Paul McPherson is still running this company - to say his performance over the last however many years has been pitiful would be to pay him a compliment he is most unworthy of. The SP is less than half a cent - that's right - LESS THAN HALF A CENT!!!!!!! He has been saying for years and years now that great things are going to happen and, guess what, they never do! In any other profession or walk of life someone as inept as him would have been shown the door years ago. But no, not Mr Macca. He just keeps holding his hand out every six months or so for more money to burn through, "while the products are brought from the R&D stage to the commercialisation stage". What a sad, sad joke this company and its management is. Luckily I got the hell out years ago, just cannot believe that after all this time and all the "great deals in the pipeline" they are still just hanging on for grim death.
    So why do remaining shareholders tolerate this? Having faith in someone like him to deliver is just delusional, plain and simple, and giving him more money to flush down the toilet is like giving a blood transfusion to a cadaver, in my humble opinion.
 
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