Word on the Street is that there have been some additional changes made at U.S. Spine. Yes, readers, TSB has substantiated that during the summer there were at least ten employees given their walking orders! Today, rumor has it that Darrell Jackson and another sales manager were let go within the last couple of weeks. Darrell, if you're out there we want to hear your side of the story!
TSB has to ask the $3 million dollar question, what happens when you have an investor that comes from a different industry, has never worked in the industry let alone ever developed a product, starts to mandate how the company should be run, and has totally unrealistic revenue expectations? TOTAL CHAOS! Hey no offense, but just because you're good at basketball doesn't mean you'll be a great football player. Success breeds insanity and sometimes incompetence! Oh, VC's I could hear you groveling!
TSB was willing to give US Spine a reprieve, but it seems that this company can't get out of its own way. Word is that they are having trouble ponying up cash and delivering product to distributors. How many useless press releases will there be? TSB wants to know what our readers have heard?