RE:RE:RE:RE:RE:RE:RE:RE:RE:Beware of Pandorum and NewcamoBB,there's nobody paying these guys.Their arguments drone on and on about the same high hopes that mislead many here in the past.Its hopes and not logic that killed this company.Nothings changed with PLI despite management change .They still make no money,cash burn is the same...maybe worse.
It was always hope in the past for an FDA approval.That was the key to success and when that fell through the writing was on the wall.Especially when the excuses for failure made no sense.I. believe the company was deceitful at that time already.
Bought deal offerings (call them whatever) were only used to keep the ship afloat because they make no money.
This restructuring is nothing more than the only option they had to continue to exist.They will slowly die as a company.Their trials etc cost money (as we know) and they take a long time.
If PLI could fund these from profits they would have been fine,but they couldn't in the past ,and they can't today.
Unfortunately I don't think lawsuits will benefit any past shareholder,however since the money of past investors is gone,there will be a level of satisfaction to see this company implode once again.
So the 2 resident pumpers on this BB will be put in the same group as past pumpers...like Bepando,SAH and a few others that have all vanished....not even man enough to admit they were wrong.The pathetic fools just disappeared.
Just like the 2 we have today will lol