RE:RE:Quiet Board, So I will Make a PredictionWhat I said was that the company would have been better off announcing restructuring while they still had money in the treasury. They had $492.6 million Sept 30, Talk out $89 million for the payment they made today and now they have $410 million. So what does that say about the cash they are generating from operations. This company is toast, bag holders like you just haven't realized it and done the math. Anyone short does not look at the daily movements - there is a lot still unbekknowst to investors when it comes to this company - whether the EBITDA can meet the interest obligations is key. The company did not come clean in their disclosures today as it relates to PJT Partners and retaining bankruptcy counsel. The disclosure on terminating the contract Donnatal sales force was made seven months too late and was only disclosed because it became public knowledge on Friday in the law suit comoplaint. Terminating their R&D on photorin was a clear signal and I expect a dg in RBC as their target of one dollar was based on photorin being approved in 2018. I am not a trader, my short has been fabulous and has made my year. The gain today, if it holds the week, barely puts a dent in the stocks 95% fall. It is never a straight line down. But I wish you good luck if you are trading it!
Juice004 wrote: Hey Health123,
Can you please inform the board that you were wrong about them announcing chapter 11 restructuring before payment leaves the treasury? If I remember correctly you didn't think they would survive past the 3rd week of December. People that relied upon your advice lost a lot of money by shorting or selling their long shares. I'm not one of them but I call it like it is. You blaming pumpers who were wrong is no different then blaming shorts who anticipated bankruptcy in December and gave bad advice on this board. Bad prediction there lady Health.
Health123 wrote: I predict that the Board will announce Chapter 11 restructuring before the earn out payment leaves the treasury.