Valeritas Holdings Inc. VLRXQ

RE:RE:added more of this one

[dmacd]

Investors must fire Timberlake since he is incapable of trimming expenses and instead keeps trying to inflate or spend his way out of this crisis, and yet sales continue to be flat. Firing the CFO will have to be next up and ideally a full BOD change out. I gambled and lost on this one.

I guess we will have to play this out a few more quarters and unless the ship turns around then bankruptcy is the next stop. Best chance though is for the most recent investors to pull together a more credible team with a better business plan and refinance the company for one last attempt to build a profitable company.

Somewhere along they way this team lost its way and the BOD was too incompetent to help them find it.