One thing pretty clear to me now, if even only half of these rumored reactions from the current OAI board are correct, then they have nobody or have consulted with nobody with legal and business experience regarding their actions.
Like come on, a merger talk at this point is so stupid. Nobody would want to touch something this hot and the attempt alone just made OAI situation worse. What are they thinking?
It just blows me away. The unusual board activity is what drew me to this. What I'm also waiting for is an explanation for why/how they canned Brockman as their Chairman of the Board. With him so far I've not even heard of a hint of it being for cause, which it isn't exactly normal to remove a board member without cause...them offering to let him remain as regular employee actually made what they did all the more eyebrow raising.
This just reinforces something I've been thinking for a while. When you look people at the top in medium to large companies, you'd think that they are extremely qualified and got there through merit alone. Although this is certainly true in many cases, it's probably not the case most of the time - a combination of luck and contacts often boost people to places they have no business being.
In general, people in high places can just surf the waves and go with the flow in collecting cash and not really make that much difference, relying on the other people closer to the work (engineers and frontline managers). But when making the right decisions can decide the fate of a company, you then see who's supposed to be there and who isn't.
Like come on, a merger talk at this point is so stupid. Nobody would want to touch something this hot and the attempt alone just made OAI situation worse. What are they thinking?