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Bullboard - Stock Discussion Forum Cotinga Pharmaceuticals Inc COTQF

Cotinga Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. The company's lead clinical candidate, COTI-2, is an oral small molecule targeting p53, a tumor suppressor gene that is mutated in over 50% of all cancers, and the company's second clinical candidate, COTI-219, is a novel oral small molecule compound targeting the mutant forms of KRAS with such mutations occurring in up... see more

GREY:COTQF - Post Discussion

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Post by UberWealth on Jun 27, 2017 10:36pm

Why Alison?

Why not raise money when the stock was 60 to 80 cents? Why fire the IR person who actually brought in buyers and got exposure? Why pay 2 new PR firms who have nothing to say? Why have a blog and website and communication people with no updates? Why was your one conference call so embarassingly unprofessional? Why consolidate to get on NASDAQ when the stock will be nowhere near the price needed for listing? Why did the board give you 1.6 million options - what have you done?  Why did no insiders buy but rather sold shares much higher?  Why did you fail to deliver Orphan Status as promised? Why do you overpromise and underdeliver? Why not explain that the coming very large financing will be BELOW even these depressed market prices?  Why not tell us that the institutions that you will bring in and whoever buys your financing (maybe you and your board?) will get the company for about 10 cents per share?  Why not explain the dilution will allow your cronies to own the 1/2 the company for next to nothing?  Why not have another Retail Appreciation Event to thank and reward faithful investors who have kept you going for many years? Why not admit you knew you would benefit greatly if the share price were to crash?
Comment by XRRH2008 on Jun 29, 2017 3:50pm
I couldn't agree more!
Comment by Spartan8er on Jul 07, 2017 10:36am
We are still waiting for the answers ALISON? This has 400 reads so real investors who put in REAL money are wondering why they are left broke, 
Comment by RJSullivan on Jul 10, 2017 5:17pm
Alison clearly has very little understanding of how the capital markets and investor relations work. Look at the market cap before she was made president and how it continued downward month after month before being destroyed by the share consolidation.
Comment by DIYGuy on Jul 11, 2017 8:05am
It sure is frustrating! No news since the consolidation sure looks like COTI 2 did not progress as well as expected in the trial, contrary to what the press releases said. This all leads back to the premature hiring of the PR firms.
Comment by fatladysings321 on Jul 11, 2017 12:54pm
At least the trls still show that they are open and accepting new patients. Still, this is shoddy work on the part of management. Threw away more than all of last years gains. Well done! Amatuer hour around here.
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