Sophiris Bio Inc fka SPHS

[salgovernale69]

A deal of some sort is very close IMO. Not to toot my own horn but I posted the following on PTN about a week before they announced their licensing deal.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127560573

Now that deal sucked for PTN, but it was very obvious to me based on what I put in that post that a deal of some kind was imminent. Through personal business experience involving M&A transactions and having DD'ed the living shit out of biotechs for years including reading the 8K's disclosing the negotiation time frames of buyouts after they are announced, I have gotten pretty good at this. I was in RLYP huge, I was in PTN before their deal and lucky enough to get out for 30% before the bottom fell out.

I feel every bit as strongly, if not moreso, about an imminent deal with SPHS than I did with PTN. You don't blow out your CMO and tip your hand that you have no intention of operating the company going forward unless you have offers on the table at that time that you would be willing to accept. By doing that you'd be giving up all of your leverage, and no prudent leadership would do that. It's quite clear Randy has no interest in being an operator of this company for an extended future period of time. Something big is coming soon. No doubt in my mind.