RE:RE:RE:RE:RE:RE:RE:RE:RE:The Roadshows. Question Everything, Including Nothing. I'm not flipping, Aarcor. I still support Bioasis, xB3 and the shareholders. I still support DrDR but I have concerns about aspects of her management practices and her abilities to get good deals.
The deals I have problems with are Prothena, Neuramedy and, to a degree, Chiesi. I agree with you. As I stated yesterday, it's time for some news out of Chiesi. We have never had any indication that Chiesi has even started work on any of the four LSDs. That is not acceptable. No argument with you on that. Chiesi milestone payment sources were described as "developmental, regulatory and commercial." Does the lack of developmental milestone payments indicate that no development has been done? I could write a book on that deal.
Also, we don't have any information about the Aposense, Oxyrane, Janssen, and Daiichi Sankyo agreements. And I criticize DrDR for the lack of disclosure in several areas, and disclosures that are clumsy attempts to satisfy disclosure needs without telling us much of anything.
But I'm not unique in my views. I talk to a lot of people. DrDR is in a hard spot. Bioasis doesn't need any more cheap deals. Secrecy and nondisclosure are big problems. Bioasis borrowed money for internal programs and we've heard nothing about work being done on the Bioasis pipeline. Being offshore doesn't help her, nor does being CEO of Carina.
She has very little wiggle room and roadshows won't help, other than to show her that Canadians can be very polite while plotting her ouster. That can change with a good deal that has some real value optics.
I do not advocate for her ouster but her ouster could prevent bad deals like a creepy equity financing at the hands of Ladenburg Thalmann or another cheap partnership deal. But then, maybe she has good deals in the offing. I am pretty sure of one thing, the roadshows will be all sweetness and light with little substance. Too smarmy by half, my guess.
I took you off ignore, Aarcor, mostly because you do present a little argument, not just bellicose anti-everything brain-dead prattle like some others. The readers here are too smart to be bothered with reading the same nonsense in every post.
jd