<The umbrella strategy was/is not a flawed strategy,>

I'm reading this as you want an entirely new BOD seated to start all over with adding layers of managment in order to continue M&A under the umbrella strategy?

If so, we agree to disagree.

I do not think the strategy could have worked, no matter who was CEO or who was on the BOD. And I don't think a new BOD or new managemet can make it work until we are at least assured of significant continuing revenue from the MMP. And for that to happen, IMO, we need most of the MMP to be recertified by the PTO w/o loss of strength, and probably some siginifcant wins on the litigation front.

IMO, we attempted the umbrella strategy too soon from a financial point of view. I am not saying that the BOD deserves their jobs or the renumeration they get. Hell no. I just can't see making the same mistake twice, if that is indeed what you are proposing.

Opty