RE:Hey, "Securities Lawyer" Lumberfeverlong....Why would I know anything about the company that has not been publicly disclosed. I am not an insider nor connected to the company in any way. I am one of hundreds of investors who invested in this company believing what was being conveyed by management, including the firing on all cylinders statement by MT. I was duped like many others. That said, there has been a relentless, unethical and perhaps illegal manipulation of this stock for months by sophisticated short sellers which has exacerbated the financial condition of the company by limiting its access to capital markets other than to take on more debt.
This is a public forum where people can express differing views. You can agree or disagree with me and state the reasons why. I still believe the company will survive and turn things around. It has plenty of cash to meet its debt obligations and is still generating free cash from operations despite the last two disastrous quarters.
Also, based on the Flynn/Pfizer fines, any potential fine levied against Concordia should be in the 1% of global revenue range and not 10% as suggested by some on this board.
Finally, I have better things to do than to rate my or anyone's posts on this board. Stop behaving like children by rating my posts and than claiming I did so.
DeathPool wrote: Why didn't you know about this? All the Donnatal sales reps were fired on May 13th 2016 and the company said that that the sales force "was doing good work" "executing our initiatives" etc etc etc.
blah blah blah
And you said the Class Action Law Suit wouldn't go anywhere? This new legal filing is going to the SEC and the OSC now for sure!
Unbelievable. On Friday, Borkowski and Kreppner were added to the individual defendents stated on the law suit because it seems like they all knew that the sales force was all canned but still played their game of saying all is well in the land of Donnatal. This company has the worst disclosure / transparency to its shareholders that I have ever seen in my life. The only thing they have is paid implants on subrate bull boards to spew nonsense and hold the hands of bagholders until their wealth is destroyed.