Titan Pharmaceuticals Inc (TTNP)

[Serenity3]

actually the board is responsible for the loss of capital in NOT firing management... and if I had a larger stake in this company I would sue them myself for breach of fiduciary responsibility.. sue them individually .. their errors and omissions insurance does not cover wanton deliberate abrogation of responsibility in not conserving shareholder cash.. oh only the lawyers would win any $? that would be fine w/me because to do nothing to punish these people monetarily for their dereliction of duty is wrong on many levels... you quoted Napodano's vision last August that there would be little headway on monetizing probuphine in the US given the regulatory constraints (spot on).. so a year later AFTER approval, just exactly WHAT has management accomplished in advancing the proneura platform or nailing sales of probuphine in other countries that do not constrain the sale of this procedure?... thankfully the price has stabilized somewhat today because if it broke 2.. then only the current cash on their books would stop the downward momentum.. given their float and the cash on hand .. easy to do the grim math... the selling indicates no one has any faith that current management is capable of anything other than burning cash to enrich themselves, & it's got to be a resume buster for board members tarnished by their association w/this company.. sheesh somebody needs to wake up