RE:RE:Solid UpdateMy feeling is his China efforts will fail (yet again) as Howie realizes (again) that he steered by a Chinese carrot pulling a cart of Chinese promises between a never ending group of shallow Chinese companies. Is he really trying to educate us pre-shoolers on why there are delays? Maybe he is the one that needs to back to school...
Is he preparing us for some kind of super conglomerate of partners buuble in China that will take our little molecule from approval to commercialization rather than put the pieces together himself. This approach will again fail over the next 2 years (see carrot).
He walked away from China once before, citing the difficulties of doing business, threatened to go it alone, then suddenly waived some paper around and said he is excited to return to China with new deals/. Now he said those deals are not good and we are looking for new partners. He should prescribe himeself some bipolar meds...
We have a manufacturing facility to produce something that is not even approved for use? We dont even have approval from CFDA to promote 1067 yet. Good luck with that Howie.
China is out of the equation for me and Howie insists all is fine and he is in control of the direction and is happy to report the news in a shareholder update, The launch of 1067 is not part of his list of 7 month milestones, hence will not occur in the immediate future. So much is misleading and so little delivered.
Its a miracle this guy is still on the board, he would of been fired long ago by any other reputable firm.