I am back!!!I told JD a while ago that I would go away. We bickered a lot but in the end, I think we parted peacefully. I am not here to bash him. This fiasco has nothing to do with him. I am sure many here had hoped the company would make it and given the stock decline, it didn't make sense to really sell. Yesterday's news is bad. MTP and BTI are getting destroyed, Investors hate it and management screwed the BTI shareholders. The CEO should explain herself but i am sure she won't. The deal indicates that BTI had no options and that the platform truly had very little value. I am not sure if Chiesi has any involvement but if they did or did not, clearly they do not care. I am not sure if they are still even working with BTI. There have been no updates on their partnership for years and clearly, from the financials, the company is not earning any milestone payments from them
All in all, this has been a disaster for many. The ceo should be ashamed of herself. Truly a situation of over promising and completing under delivering. What does she even do to earn her pay??