Get a deal done My two cents. Worth at least double that.
I believe we are on much better ground. However I do have some concerns which will not be resolved until a deal is done.
This team has failed to add a complimentary new product to sell with their in-house sales team (not sure I understand how/why), have not found a partner for NASH (somewhat understandable), have yet to find a partner thus far with oncology (also somewhat understandable) and failed to cut costs quickly enough which caused a massive drop in share price. We have witnesses and experienced a significant drop with a lack of protecting shareholder value by doing a financing that was timed to destroy long time shareholder equity.
We now need to give Marathon the boot, but in the best world that is done by cash from a partnership in oncology.
We have a very VERY highly paid CEO who has certainly not delivered. We have a CFO that was unable to realize that Marathon was going to put the screws to them, and did. And, a CFO who did not take action soon enough. We have a BOD that until recently had no one capable of standing up, and now we only have one BOD member who I believe is potentially someone who can help. However, we know Zwick is likely from Soleus, and we have another from our last investor. They may be only looking out for those two parties. Who is looking out for us?
For the love of God, prove you can execute and deliver on a new product addition or a new partner.