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Nuvo Pharmaceuticals Inc NRIFF


Primary Symbol: MRVFF

Nuvo Pharmaceuticals Inc is a Canadian focused healthcare company doing business as Miravo Healthcare with global reach and a diversified portfolio of commercial products. Its product targets several therapeutic areas, including pain, allergy, and dermatology. The company's strategy is to in-license and acquire growth-oriented, complementary products for Canadian and international markets.


OTCQX:MRVFF - Post by User

Bullboard Posts
Post by thiggins4193on Jul 30, 2010 8:34pm
582 Views
Post# 17312396

Over compensated mgmt

Over compensated mgmtIm livid when I see the compensation this mgmt team doles out to themselves like candy as our sp toils.  The arrogance of it, paying top dollar for advice on how to increase their own compensation.  I think the only thing that makes me angrier is how its worded in the release.

For me it goes beyond the surface of the compensation.  If they are out of touch about the job they are doing, can we trust them with the company in general?  Its our money that they are pissing away.  They are bleeding cash and wasting along the way.  I for one wouldnt complain so much about it if they were making money for us, creating value for us.  But they arent profitable, this isnt the time to be paying large sums of cash to consulting firms on your own behalf.

I honestly feel like they are eating off of my plate....for lack of a better explanation....I can almost envision the hand reaching across and stealing a dinner roll.

Ive lost a considerable amount of money on paper with this stock that I at one time felt had a great deal of promise.  Alot more than $2000.  I simply dont trust the management from what Ive seen.  What to do, what to do.....

TH
Bullboard Posts