Mar. 27 at 2:06 PM
$XAIR I just question why the board suddenly now decides Lisi isn’t the man for job. Surely that was about 2 years ago. He and Carey seem pretty tight and loaned
$11M together. Lisi knows the pipeline limitations, timelines and the constraints of the financials, and just decided I’ve had enough after 9 years. They have moved Goodman up as an easy fix/only option for now move. This was Lisi baby, so if there was actual potential going forward I can’t see him just leaving but I also can’t see him getting canned either. They’ve lost 2 CCO, and CFO plus now the CEO. This is not the mark of healthy company with a successful launch of a product. Lungfit 2 is probably at least another year away. If they make it that far. Lisi gets to say he wasn’t the CEO that took them to bankruptcy. The rest of management get to limp on treading water and needing to raise capital to keep the lights on and wages paid. I said a year ago the likely outcome someone buying the IP for cents on the dollar.
