ECTE Revivalists - Is anyone left? - ECTE Revivalists - InvestorVillage


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Msg  944 of 953  at  4/25/2017 2:15:08 PM  by

DDbuyer


 In response to msg 943 by  Mayor4sr
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Re: Is anyone left?

Not many folks left, and even less optimism, which is understandable considering the situation.
 
The Goldbergs drove the company into the ditch, threw the keys in the woods and walked away. 
 
Alan is basically head cook and bottle washer now. But that's not necessarily a bad thing at this point. At least he can operate autonomously and not worry about the egos and personal agendas that brought down the company.
 
He's trying hard to pull together another round of financing with MTIA, I've been told that the discussions are progressing. If they can pull something together there could be a chance at a second life. Time will tell.
 
However, the Goldberg's passed up on two financing offers which completely stalled the company. Development is at a dead standstill. In business if you're not moving forward you're moving backward. Unfortunately the competition hasn't missed a beat.
  
 
 


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Msg # Subject Author Recs Date Posted
945 Re: Is anyone left? Hemopure36 0 4/25/2017 3:13:51 PM




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