RE:RE:RE:Q2Let's see what happens re: the board of directors. But THTX should not really need this much time to make some of the changes a group of us large shareholders suggested. Ignoring your large shareholders does not seem like a smart idea and the board chair does not hit me as one who would do so. But they have so far. Reducing the size of the board would save some money and likely without a major consequence in terms of lost skills. Adding someone with financial marketing expertise in the US would potentially fill a hole in the current skill set on the board.
Mannequin wrote: I'm not convinced going along with the last slate was ideal for the company and I do not see the Chair understands how bad things really are with the share price
SPCEO1 wrote: Every quarter has some surprises. I am hoping there are no issues with the Human Factor Study for Egrifta. Sales in Q2, based on the always suspect Bloomberg estimates, should be much better for Trogarzo and just better for Egrifta. Sales of Egrifta hit a new monthly high according to Bloomberg in June so that may influence any decision about changing sales guidance for the year. Also, hopefully, they will reiterate the cash flow breakeven guidance by year-end, regardless of sales but this may depend on the trajectory of the TH-1902 trial. There is also a chance they have a lot of encouraging, hopeful talk this quarter in order to set up an equity offering. It will be interesting to see if Lafond and Marsolais are finally freed up to exercise their options after the call. We shuold have some updates on IM for Trogarzo and F8 for Egrifta as well. And we hope to hear they have already dosed their first patient on the restarted TH-1902 trial. So, there is the potential for a lot of news this quarter but how they handle their finances, which are sub-optimal after the convert was paid off, is of greatest interest. We are also still waiting on changes to the board and some other items which we discussed with management prior to the AGM.
Trogarzon wrote: So wednesday is Q2... they reiterated twice already the 90m annual guidance and mentioned the strong second half of the year forecast. We will see about that on the 12th. I want to know your thoughts. Mine is that they will miss as usual and cut forecast and talk the walk and walk the talk as usual. So more of the same.