You would have thought so! but again if it was me I'd be out with an RNS apologising and stating the company position. The market knows it anyway! I'd then be stating my intentions for the company going forward.. A strategic union with a university or 2 wouldn't do any harm and they love getting their hands on this kind of research aids. It almost seems they've bought a huge tub of sand and buried their heads!
Pete. Just to make it known that i have decided to leave EVO today. I have thought about it, and thought about it, and come to the conclusion that with the present board it will be virtually impossible for this company to move forward in any profitable way. I ,like quite a few have lost a lot of money here but it is time to go. Wish all Evocutians the very best, and maybe our paths will cross on other BB's.
However, I stand by my call for some, of not all of the BOD, to be culled and fresh blood brought in.. I want to be reading about this product and seeing stuff in journals about it. Publicity and sales makes companies, not wheeling and dealing behind closed doors...
The only thing about this now is that it has become a long term hold, and it will almost certainly fall further as we approach cash shortages... The majority of the value of my holding as well as most of the others on here is gone for now, but our one iron in the fire is the product itself... I would say to MF, you have no choice but to hold now, some have a choice to take what they can but either way it will be painful. As has been pointed out, the BOD still own a chunk of this and some of their averages may be higher. I think they've done a shocking job in wasting the early days of this product by not Singing its praises everywhere in all the specialist newsletters and journals... I think the IP is worth good money and the EU hasn't finished adding red tape to pharma testing yet... So it would seems for those of us who have lost the most so far, hold we must... The product may yet be somebody's answer to their prayers...
It is so sad to witness what is happening here. EVO investor relations is non-existent and has been for a very long time. I sincerely hope that for those still invested here that this can somehow get back near to 1.5-2.0p. But I fear it may get worse before it gets better.
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