Larry is Too Sick / AGM to Announce Search for New CEOThis has been the problem since day one, when AMY turned from a mining company to a start up tech company, that their CEO was too old to keep up with the change of pace.
Larry felt that is was some noble or stoic quality he had to keep working. When in fact it is just down right stupid to work until you die. This is a horrible mentality and makes for a terrible leader.
When you are unable to recognized your own personal fate, how can you steer a comapny in the right direction when clearly can not do it for yourself.
Larry has been out of his depth for many years now, and perhaps at one point in time AMY had the jump on others in the industry, but clearly has now fallen way behind to be a relatively unknown player.
Many wanted Larry to step down, but he was too stuborn to do so. Now he is being forced to do it because he medically can no longer continue. I don't wish ill on the man, but this is the best thing for AMY right now, is for Larry to be out of the picture.
With Zarko as interim CEO, AMY will now move forward at a coherent pace. No more rambling podcasts, no more disheveled on air interviews, and no more untimely news releases.
No one likes uncertainty, but with Larry out of the picture, the stock value will move up gradualy with Zarko, and likely explode if a tech savvy CEO is appointed....say, by way of a joint venture.
We can all give Larry some gratitude for getting AMY to make the switch to a tech company, but now is time to move one.