Fundamental issueI've interacted with many doctors on a social basis over the year. One thing they usually have in common is that they think they outsmart everyone else on any subject... Especially male doctors! I don't think Howard is an exception and the result is a business disaster.
This leads me to doubt the role of Linda Pullan. Based on the outcome of the abbvie deal combined with comment in previous NR that she has assisted in negotiations I'm led to believe that she has merely been an advisor and Howard has been operational in lead of the activity.
Howard is obviously communicating a dream and lack discernment, because he cannot provide substance to make the dream come true - since he suffer of doctors syndrome as explained above.
I was led to believe that a new CEO is in the works as communicated by PRC Partners that the company had choose as the means to get the message out. But I don't get these vibes from the last update.
This guy is the biggest threat to the company, the CFO is not far behind though, how can one get rid of him? There must be a few actors that have participated in the private placements over the years that cannot be very happy now. I know for sure the Howard has stopped communicate with at least one of them.