lack of performancebingo. reason for anonymous buyers (presidents list) over past several weeks bidding shares highter
- viq down over (-30%) over past 3+ years
- bought deal is 3rd financing during just under 3 years
- management and board salaries have only gone up over 3 years
- time for a new management and a new board. both groups have been unable to generate any shareholder value over past 3 years in spite of the 3 significant and separate capital infusions. in essence, negative IRR
- talk is cheap. management and board talk a lot yet viq only gets cheaper
time for company to be sold to a strategic or existing non mgt/board shareholders
wake up