While I do not expect this will actually get action, the recent share price depreciation along with the management update was a disaster!
What the market is clearly indicating is a lack of willingness to "trust" management and specifically Sabastian Pare. Since 2015 when he first arrived, he has presented outlooks and promises that have not been met - it is time for fresh blood and new ideas. More than anything it is time for a new leader.
The bloated management ranks need to be cleared out and a focus on generating sales must be installed and instilled. There is no organic growth in this company, and yet the share count has grown from 90 million (pre-split) to almost 600 million shares outstanding now. Debt has also gone from nothing to $13MM. The continued focus on capital structure as a measure of success is ill founded at best and at worst deceitful.
Being holders of 25% or more of the outstanding shares, the board and management have felt the financial consequences of the decline in the share price; however, given that many of those shares were granted and not paid for with your own savings, I am reluctant to askew the pain that investors have felt your way.
Do better. Now. It is your fiduciary duty.