Trivia With a SVA Connection VentriPoint Diagnostics; VPT-V is now day #2 with a trading halt pending news. As it turns out the recently appointed CEO and director Leushner is shown as a co-founder of Sernova and the former CEO who recently stepped down from his position, Adams, was a former Chairman of Sernova.
VPT recently achieved Worldwide approval for their medical device with China being a possible exception.
Adams is a dynamic guy who fought to keep the company intact, fending off a mutiny that voted him away from his position as CEO but the board refused the voting results citing that there could be no other to replace him. Adams cleaned house, found fresh and brilliant technical people who advanced the technology. After the attempted mutiny, the company was in trouble and Adams pulled money out of his own pockets to keep the lights on and the company afloat. What’s not to admire about his dedication and stamina and to consider that he used his own cash to restructure the company to the degree of it’s current status.
We, on the other hand, at Sernova, pay a scientist posing as a CEO with no apparent business sense a salary of $400,000 per year and who is led around by an overpaid sociopathic halfwit that can’t find hisass with both hands. Is there something wrong with the Sernova picture?