RE:RE:RE:RE:RE:Bioasis ConnectionsKayakerBC wrote: This post of Aarcor's is one of the most refreshing posts I've read in a while.
Uh huh. More whining and complaining about the past 10 years. As if any of that is the fault of the current CEO. Like any of it sounds better the 47th time I've heard it.
And this fantasy that if we could just get rid of the current CEO and board everything would be sooooooooooooo much better. I'm sure we'd be brimming with cash, the stock would be bumping into 5 bucks, and we'd be starting multiple clinical trials any flippin day now. Or just maybe a new CEO and board would be entirely focused on lining their own pockets and screwing current stock holders.
Here's BCYakker weighing in again.
He has a few general themes that he has gone on about for 10 years as well.
He likes to talk about what a bad deal current management has inherited and therefore, we can't expect much. That's nice, no accountability for the healthy 6 figure part-time salary Rathjen is drawing from the other side of the world. A positive change is a "fantasy" and for the worse since new management would be "screwing current shareholders". Free pass.
He likes to tell shareholders that have invested in BTI based on management promises of xb3-001 to the clinic to stop whining and sell at all-time lows. Free pass.
He likes to talk about ridiculous multi-year/decade timelines being acceptable because "things take longer than expected", often throwing in links explaining the human fallacy of mismanaging project delivery. Mind-bending critical thinking. Free pass to 2034.
He points out he is continually buying stock in this company because there is large upside, despite "strategic alternatives" under way, none of which he knows anything about at the moment. Seems smart and well reasoned. Free pass.
Steadfastly stupid. It's tiring to listen to.