I thought this was reposted. Add China visit to the list.
Solid progress by the new ECTE management in 5 months
Fired the 3 directors that almost bankrupted ECTE
A new CEO
A new CFO
Hired BDO which rocks!
Rehired the technical team that was fired by the 3 directors
Got $4 million in new line of credit
Got MTIA to reinvest and come back
Got a new Symphony sensor designed
Cut the Philly office closed and cut rent from $15,000 a month to $7,500
Closing MA plant and moving to smaller space
Cut cash burn down to $270,000 a month
Getting SEC filings caught up that the old 3 directors messed up
Milestone No. 1 done - CGM sensor wireless communication
Milestone No. 2 done - China FDA meetings underway