Saturday, June 25, 2016 11:26:37 AM
"is there any reasonable scenario where AMBS gets their act together"
a few random thoughts are:
1.) provide a public certified accounting of AMBS books and make know all facts regarding the 'money trail'
2.) either subpoena or hold Bobby Farrell and Mark Faerber accountable by making them pay restitution - then fire them
3.) clear the books of all past financial misdeeds and wasting
4.) keep Gerald temporarily on-board, but with a reduced salary of say $120k/yr., return his Tesla for a Chevy Volt, and suck his brains - then fire him
5.) give Jon a pink slip and 6 months of unemployment
6.) either break or sublease the Janssen, SF, Lab HQ space
7.) move "Corporate" to 5 Hanover Sq., NY, NY 10004
8.) let Josh Sason bring in a silver haired bio-pharma fox as new CEO
9.) keep ESS & MANF
10.) dump the Georgetown assay license agreement
11.) sell SeraPro, PhenoGuard, Eltopra on the Mexican chopping block and get whatever Josh can for them
12.) with those proceeds, finance MANF's further development - or sell it in pieces as well
13.) let Josh Sason bring in his "friendlies" to fund ESS and put up $20-Mil. to collateralize the $17.5-Mil. in AFIRM grants
14.) use the $20-Mil. guarantee to the USDOD and escrow the $37.5-Mil. under joint check arrangements
15.) have Gregg liquidate the $7.5-Mil. DioGenix NJ-Tax credits
16.) hire Michael Peck, MD as new AMBS CEO
AMBS NEW 'CORPORATE' HQ's
AJMHO
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