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Re: FoolishMoney post# 40402

Thursday, 06/30/2016 8:47:08 PM

Thursday, June 30, 2016 8:47:08 PM

Post# of 140464
Listen FM, I don't mean to be disrespectful, but please quantify what the hell Mr. Hargrove has done to protect the value of my investment. He (they) waited until there was an expectation based on their timelines that significant milestones had been reached. Only then did he (they) tell us that they had to change the objectives due to client input. They went to the market to raise additional funds but they miscalculated how much would be needed and the PPS got slammed. They went back to the market for two overnight placements that were disastrous because nobody on the street could trust them anymore. They promised that funding was sufficient to get them through to FDA approvals but it wasn't even close. They told us that funds would be available from warrant exercise....not! A little over a month ago, they told us that the updated guidelines (milestones) needed to be updated again and an additional 1 to 1 1/2 years would be required to complete development. They said they just became aware of new FDA requirements (TRXC failure to launch) eventhough they had been speaking (their words!!) with FDA since the meeting they attended last year. It has come as a surprise to them each time a new issue has erupted...are you kidding me?? Oh, and Fowler doesn't like having to answer to shareholders....he's a great surgeon but a business moron.....It's a Public Company, got it Doc!! Please, give me a break....and now I should feel bad that poor John may get the boot? Not f'ing likely. GFLTA.