Post by
lonc17 on Mar 05, 2024 3:34pm
Plan
ONC is in crisis management mode.
They need to announce a plan to conserve cash.
They need to layoff almost all employees and keep the minimum number to run the office. Any remaining senior leadership should accept a 25% reduction in pay.
They need to continue funding the currently running trials.
Otherwsie there is absolutely no need for any salaried employees because there is nothing going on and nothing to do except wait for the phone to ring (the anticipated but never to come miraculous call from Big Pharma).
If MC announced this plan, also telling the world that ONC is currently up for sale at a fair price then the stock would double in two days.
I'm very tired of MC pretending that he is going to finance and run his own P3's.
Comment by
Azzak34 on Mar 05, 2024 3:39pm
You continue to drop the hottest takes! Maybe sell up and be done with all this? It's time, I worry for your mental well being.