IS … Harvard Apparatus (HART) in the market for a $4 M retail oriented offering … to keep the company “afloat” and the “wolves away from the door”. How could companies with such … potential have performed so awfully?
The culprit is usually … the CEO, risk or the unrealized view of hazards of warnings and bad news not heard, listened to or learned. The annual performance sweepstakes are almost always dominated by high-risk strategies that try to hit home runs every time at bat. Although, CEOs have in the past … hit a ball out of the park … they do strike out in subsequent times leading to huge losses for their investors … when they can’t or won’t listen to those who want to help, assist and partner!