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Old 07-25-2019, 06:35 PM   #1166
E. Nick
Scooby Specialist
 
Member#: 8489
Join Date: Jul 2001
Chapter/Region: BAIC
Location: Atherton, CA
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Before anything re: new products or even fixing the old ones, they need to re-structure. Kicking the can burns more cash, brand equity, overall enterprise value, and time (literal as well as future investor windows for profitability). They are at least 1 year beyond the point an ethical and rational board/CEO would've done something.

The public is too stupid and the regulators too lazy/corrupt to realize and/or act, but the only reason for the continued bet on more and more low probability scenarios panning out in unison - is Etron's ego. Better in every way to rip off the band aids and disinfect rather than to die of gangrene. There are too many hard working people at risk for his whims and pipe dreams.
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