Care to elaborate? Not sure if taking management out is the answer but they do need to step up and operate more efficiently. So yes, if they can't, then show them the door. Patience is waning.
The company can rebound but it seems to have gone backwards which stems from a deep lack of focus. Management cannot handle high overhead operating expenses from different locations where they simply cannot stay on top of too many development objectives. San Diego closing up was the right direction but they need to operate and function as a single unit. This isn't a large corporation.
based on management's decision in offering millions of shares in exchange for a struggling company just so that they could brand themself as the largest pain treatment company and assuming greater debt and at the same time diluting shares significantly is putting all shareholders at avoidable risk. One wonders why the company does not just build on what they already have and take their time before starting to acquire. The company stands a greater chance of surviving if not for acquiring a flundering company. The company puts herself in such a great risk such that it is very difficult for any investor to rationalize their decision. As there is no possibility that the company is able to generate a profit in the forseeable future, no prudent investor would be interested in putting their money. I am not saying that the company will not succeed; just that the company puts shareholders at risk beyond reasons. My personal opinion is that the chance of making it is very slim and that i believe the company does not take existing shareholders at heart. The company takes on high risk and i believe that the stock price is heading down until the company is able to show the light at the tunnel.