Bad decisions by CEO and BODLooks like the market has had enough of the bonuses and high salaries of management. They eliminated the only production oriented person at the company which has told the market they only care about keeping high salaries and not about shareholder value.
Looks like another company with excellent potential that has been destroyed by the decisions of a self serving board and management. Cannot see anybody funding this company until their is all new blood running the company, but my bet is their ego's will get in the way of proper decisions.