RE:when did Dialco deal fall apartRepost of "Paradigm Capital" revised to SH standard as requested by other posters:
When incompetence leads to a huge loss ALL confidence in the people in charge goes away. Not the science and products but the people responsible for the loss.
The SAMI and DIMI products are still the same with the same prospects. They still hold the potential to be worth $2 billion USD. What has changed is they now appear poised to return ZERO to Spectral.
So if you leave the same people in charge of PMX now what assurance is there that they won't do the same and lose that value? I have no doubt that PMX is on its way to becoming a multi billion dollar asset. But if there's a management foul up and the value to Spectral and its shareholders falls materially or even to ZERO too how is that not relevant.
When the airplane captain crashes the plane because of incompetence I sure as hell don't want to have him fly me in a different plane. That's why the cry for a competent and proven captain with a reputation and track record of flying smoothly, efficiently and timely to the destination.
Reposted as requested. BTW - ihavefaith - the Dialco non-compliance was just a few days after the AGM in June. So early July they knew well ahead of the financing. And as of today (Saturday Dec 17) the Spectral and Infomed material agreement still hasn't been disclosed through Sedar.