Incidentally, just for this skeptic's curiosity, how long has that finance guy (introduced not as CFO. but a lower level finance guy in the first ever OMER conference call with analysts & investors) worked for Mr. Demopolous? Where else has he worked and what experience has he to be the CEO's right hand man ? Interesting that he got off the hook in not giving any specifics or even broad parameters for how the offering proceeds would be used. Isn't there a strategic plan supported with financial projections that would allow some confidence among bag-holders by making reference to something that gives proof that they are in financial control at the strategic level?
That message I read yesterday re: "Lawsuit filed by ex CFO, can't believe" w/ questions regarding that conference call deserved repition word by word .... Listened myself and Squid is spot on ... $60 million into the company cash coffers andbo answer to the analyst's simple question of how it would be spent ... OMG. X