Doman has no equity. I believe he is plotting with his cronies to become permanent CEO... the problem is 50% plus of the shareholder base(without a lobby) want new blood.. but he and Grieco are digging in their spurs. They don't care.. they want our $ ,the fees, the salary .They are all crooks. totally inept. What's the stock price? Ask the Board of Directors where is the search for the permanent CEO? They don't answer e-mails and phone calls. IR doesn't return phone calls. There appears to be a gag order. What is the stock price everyone? I don't believe they intend on conducting a real permanent search to replace Mooney. Doman is their guy. Has been all along
Excellent post Lee. I can't speak for Doman at Dusa because I didn't know him and initially on first CC I thought he sounded ok and a welcome departure from Mooney. But after I have observed his additional folly of the data first, then coming back hat in hand to Montaur... I have now concluded that this guy just wants to come off the beach for a paycheck . It appears that he is in a cat and mouse game to blow off Montaur who wants to hold him accountable and like Mooney he is holding us all hostage under the guise that he is out to protect the shareholders.. But wait.. he authorized the 4 down rounds, he let Mooney run uncontested and also allowed the reverse split. He has no equity. I believe he is plotting with his cronies to become permanent CEO... the problem is 50% plus of the shareholder base(without a lobby) want new blood.. but he and Grieco are digging in their spurs. They don't care.. they want our $ ,the fees, the salary
The guy has assisted in literally shipwrecking this company. Now he and his cronies want to save us? Bob appears to want the fat salary and wants to come off the beach. We have heard nada, zilch about an executive CEO search. No information is flowing. Nobody is returning phone calls. My bet is that this non performing interim CEO who owns 3200 shares of stock just wants to milk the carcass. He and his cesspool cronies don't care about you and I because they have no equity. Grieco should be sued as the lead director. He is allowing his crony to milk us for $400,000 per year. I bet the next announcement is that the interim CEO will be the permanent CEO.. But this is the same guy who allowed the reverse split and the 3 down rounds... Why? He owns no stock.. Just wants a salary. He's not a qualified Medical Device guy. He has failed us now wants to enrich himself under the premise of saving us?
google ECTE Revivalists... see ddbuyer post # 40
Emails of all the Directors who are entrenching Doman who just wants a salary and is recapitalizing the company to deny Platinum Montaur a board seat. This is actionable and all the directors are breaching their fiduciary responsibilities to the rightful owners. The S-1 indicates that Doman owns a whopping 3200 shares and is willing to essentially wipe out the shareholders by cramming them down to avoid financial supervision by the investor trying to save the company. This is broad daylight shareholder abuse. Doman wants the CEO job after a 95% erosion of value under his stewardship as a director. The directors essentially own zero stock. This is a walking lawsuit now. Is Doman conducting a CEO search? Well he states he is just the interim CEO... well it sounds like he is interested in the job and is duping us all.. He wants to wipe us out with this S-1 after the 3 down rounds. He and his cronies just don't care.They are hiding behind Delaware law yet making the company uninvestable. Doman needs to hire a new CEO and just resign.. all of them ...Are their any SEC lawyers on this board?
Thanks for sharing... there seems to be a wealth of pertinent information on this site... ECTE Revivalists
With Mooney gone, the completion of the $10 million financing from Montaur and favorable data(hinted at on CC), this stock could easily fly back to $5-$7