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Posted On: 09/02/2022 4:22:13 PM
Post# of 148903
Re: craigakess #128342
Cyrus knows exactly what he's dealing with or he would not have accepted the job. The Hold has nothing to do with the mission statement. The Hold is binary event - either it's "on" or "off", there's no "maybe". He wouldn't have accepted the job if he thought there was a chance that it would not be removed, so for him, it's a question of "when" and not "if". The mission statement describes why the company exists and the goals going forward. It's like the rudder on a ship. The mission statement is completely unrelated nor dependent on knowing the status of the Hold.
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I believe there can be an "outline of a plan" but again, unless and until the FDA holds are lifted, Cyrus cannot give a "straightforward mission statement" since he really doesn't know exactly what he is dealing with just yet.
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My comments are just my opinions and should NOT be taken as investment advice.
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