Well looking at cash on hand post closing of Maxim raise, there will be a deal just a matter how it's done in everyone's best interest.
I'm not down on Tom as I ve seen on several boards. He is a wily capable veteran and impressed me when the sharks were trying to shake Poet for predatory financing a few years back. He said to the effect they were not open for business to those who want to make a deal in the mid nite hours with a gun to our heads.
Since he has come on board dilution has been kept in check. Maxim deal reflects that attitude as well.
Pressure is on now on big time to get this right after unfortunate Nasdaq timing without financing support which he is largely responsible for despite that it was board approved.
Tom is not only CFO but also Sr EXecutive V.P and board would rely on his recommendation to approve listing strategy.
Of course this deal will be exec team strategy given Suresh commented as well in with release of Nov 6 that he is focused on financing strategies.
Should be interesting next few months as my gut tells me we will look back at this period as a pivotal period in company's future.