RE:RE:reply to Jkj linkHi Jkj.
Yes the BPs being charged does not surprise me at all. Just look at Valeant in Canada. They played very dirty on acquisitions, jacking up prices (raised the ire of Obama) and accounting through their partner distributor. Funny thing is that Mike Pearson, the CEO behind all of this, received an exit settlement of $198,000,000...that is almost as good as Don's pay package ...hahaha.
So a year ago at this time Don was going to be announcing an IPO on Zenith and we all know where that went (and it is not all bad...he really didn't have anything of value to IPO - the lesson...he should have never set up the expectation in the first place).
And this year we have a new licensing deal to be announced for RVX. Well, it's Dec 9th on my calendar and I am sensing it might not have worked out. We'll see. Deals fall through or are delayed in business all of the time. That is not the issue. Setting up false expectations is the issue.
My point is that it these types of expectations (I won't say promises) that erodes Don's credibility. I watched it for years and I've posted that Don, for the long term sake of the RVX brand, should not set up expectations in which there is a reasonable probability that he can't meet for many reasons including factors not in his control. I sense that Don is very positive and pumped about future success but he needs to contain it. IMHO he should let the science (and scientist) speak for the brand (which they have been doing at all of the conferences). Don's role should be to assure that the financial side will provide continuity for the sciience and that they are busy pursuing opportunities. If he gets even one victory, for example, like licensing just one of their compounds to another biotech it will have a large on building credibility.
So if Don fails to announce a licensing in the next couple of weeks and if he leaves us in the dark then once again the investors sitting on the sidelines will remain on the sidelines or turn their attention to more concrete managements and organizations.
Just my rambling. Perhaps we will get a gift???????....but for now I'll remain a happy little WHO down in Whoville.
GLTA
Toinv :)
My Stockhoouse on Chrome on my Mac has become very unstable. I get a "a plugin (shock wave flash) is not responding". I've sent in 6 complaints.