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I understand that concept completely. However, we either get the ball rolling with well funded i/o trials managed by one of the big boys or we run the risk of getting left behind with each passing day....no matter how promising the ps technology appears.
The game is moving very fast now.
+++how Peregrine will fight it
How about "fighting it" the old fashioned way.
PRODUCE...and get the share price over a lousy dollar without having to go through the indignity of sporting a dunce cap and begging in the NASDAQ principals office.
There....fixed it.
Thank you.
And now that Barnum & Bailey is shutting down, they won't be able to rejoin their previous employer.
Why is it so difficult to structure a release that a casual observer can easily decipher? Unbelievable.
It is difficult to get a man to understand something when his salary depends upon his not understanding it.
Upton Sinclair
See any parallels to our current plight?
Now there is a puzzle piece you can sink your teeth into.
Please shake this scene up Ronin...and do it fast.
TIA
I must admit, the go it alone plan has worked out great....for a small handful in management. Everyone else has gotten trampled. Partnering a while back was an absolute necessity at the time. This isn't your hindsight is 20/20 scenario..these guys have screwed this up and the only way to fix it is to partner. Oh the company will still exist, just the current and long term shareholders will get crushed. Simple math.
Until management changes...nothing really will.
Steve needs to step aside and go mind the high tech Slurpee machines under our partners guidance...at a greatly reduced salary.
Spending his time in the NASDAQ principals office begging for another extension is proof this guy sucks at his job.
+++ If we had partnered 3 years ago imagine where we would have been at this point?
The combo trials going on right now would be endless and the share price would be at levels that seem silly.
Every day they waste going it alone compounds the damage.
Like Jake has honestly and accurately pointed out, we have the worse of the worse running the company.
The technology has yet to overcome this fact as it relates to shareholders benefitting from our potential.
These clowns need to spend less time in the principal's office begging for an extension to bring their grades up and more time orchestrating a deal.
No active I/O combo trials and diluting at a retarded pace is just further evidence of their sorry game plan.
We should be multiples higher regarding the stock price by now. Even after the Sunrise trainwreck.
I always tried to convince myself that Thorpe's technology would somehow overcome the stooges mismanaging the company...I was dead wrong with the 12 year stock chart as evidence.
How can they not have a deal finalized by now? BP's should be climbing all over themselves to secure a piece of the PS action ...something doesn't add up...even with the heart-stopping move up to 70 pennies.
Cotara was advertised as working against all solid tumors. Glio was merely the first indication in order to gain approval.
The grossly irresponsible way the dilution has been managed is crushing the upside potential.
Lytle is a fraud of a CFO.
I also laughed at the reputation notion.
Perhaps they turn over a new leaf and finally deliver for shareholders.
The current score is:
Lucy 42
Shareholders 0
The new investor is encouraging but may not be enough to regain compliance in time. Let's see if there is more going on behind the scene that surfaces shortly. Some real follow through is most likely needed to get us above a buck for good.
@ 51 pennies....that is pretty apparent.
Either management produces a real meat and potatoes press release or we walk the plank...soon
The last reverse split went over so well though...I believe Lytle's quote was something to the effect... "We just need to clean up our capital structure". I remember the banter on the message board of "We have to raise the share price in order to attract institutional investors"...like we are hearing now. Worked like a charm last time around.
Yep...a reverse split is a neutral event. King has everything under control. A blank check, gobs of new shares and the go it alone delusion is not in the current shareholders best interests. IHMO
Isn't it kind of sad that management is constantly questioned as to whether they will do the right thing for shareholders in the first place without legal prodding?
Pretty telling as to their underlying characer isn't it?
Lot's of potential but not alot of time to avert a RS disaster...the fact that we find ourselves in this precarious position is inexcusable.
Perhaps they pull off a last minute miracle, but not likely at this juncture.
How about they secure a partnership with upfront money, get the share price way over $1 and all this nonsense and unending anguish about a reverse split fades into the sunset.
All in favor....
+++the bod has fought harder to keep their positions than they have fought to improve share price.
Mediate on this unpleasant fact while staring at the ridiculous share price and market cap.
I went to the company webpage yesterday to check on exactly what our leaders are being paid and I literally could not believe it. King's and Lytle's salary are so outrageous it isn't even funny.
We could/should have absolute studs in those two positions for what they are being compensated.
I would place a higher probability on King taking a pay cut.
The shorts will gleefully return after the RS without any real partnership announcement...if they sence weakness they most likely will pounce.
No partnership and we could get pounded....
That scenario would work just fine.
The shorts picnic needs to come to an abrupt end.
These clowns continue to embarrass thems elves with this disjointed nonsense.
It has now reached epic proportions.
First the silent treatment now this...
Keystone Cops Inc.
Oh come now....The absence of upcoming events can only mean one thing.
Buyout soon.
What else could it be?
Last I checked, 30 cents isn't all that great of a bargaining position if you know what I mean Vern.
Fear not.....ton's of dilution awaits current shareholders.
All is well...420 investment strategy. Report card time according to Nasdaq...management gets another F. More bonuses and tons of shares to continue diluting and limping along while the real players leave us in the dust.
Can we at least get the market value to reflect some semblance of a reasonable fair value?
Triple H doesn't work here...Hype, Hearsay and Horsesh*t'
Anyone pretending to care about truly having this technology helping cancer patients would be pounding the table to get it out of these incompetent boobs hands and turn in over to some outfit that is capable and well funded.
The SEC couldn't care less.
We no longer have capital markets...just manipulation and unchecked criminality.
It is what it is unfortunately.
That is a shining example of how low expectations have slunk to...
The fact that there is even a single managemwnt fan at this juncture approaches bizzare.
King was seen walking down the hallway with a fork pertuding from his behind.
The RS is almost a forgone conclusion now.
A wet noodle shows more fight than the effort to we have witnessed to avoid said RS.
They couldn't care less.
I agree somewhat...but the curtain to this "Grand Illusion" comes crashing down in the form of a RS any day now. That is about the time when "Paradise Theatre" is boarded up for current shareholders. Management is wringing their hands with glee over all the fresh shares they will have to continue their dilution carnage.
Unfortunately, the current shareprice is merely a reflection of wallstreet's dissatisfaction with the present goings on.
The shareprice action and silence indicates there is nothing going on behind the scenes to rectify this mess.
No accountability whatsoever. Rediculous.
Neither should the borderline criminality of the Delaware laws that keep these morally bankrupt clowns in their positions....but here we are.
Is King about to announce he is resigning his position as CEO?
That would be a step in the right direction if someone could coax him out from under his desk.
Some outfit should be all over partnering the PS technology with I/O combo trials like ugly on an ape RIGHT NOW...and they are not...not one.
BIG RED FLAG.
1 year after the Sunrise Hindenberg with all the tire kicking by our paid partner with encouraging preclinical results and...not a sniff. Someone should be falling all over themselves to take control of the tech and oversee the necessary trials by now....and we got cricket sounds.
We have an underfunded AVID and bumbling overpaid management team at the helm.
Unfortunately, King squandered our opportunity back when we were in a good negotiating position.
Those in the game are content to make PPHM "just go away" now since we won't play along...and based on our finances and lack of meaningful trials that actually enroll patients in a timely manner, we are painfully watching this play out.
This is a race and sadly we are Augustus Gloop and the big Pharma entries are of the Usain Bolt caliber.
That is exactly how this game works. The FDA and Big Pharma are one giant cabal of basic corruption. Anyone failing to understand that is missing the obvious.
Approve marginally effective borderline hazardous compounds from your pals in Big Pharma...make Billions and squash those who refuse to play the game.
Everyone in the game is happy. Companies like PPHM simply aren't in the game. King is as naive as they come in this respect...and current shareholders are basically toast now. No trials and no $ to conduct trials...just how those in the game like it.
More like the Wiley Coyote anvil on the head chart pattern...
Complete investment destruction by this group....while everyone keeps their jobs.
More options, bonuses and accolades are certainly in order.
Can anyone please submit their rough draft "excuse-athon" diatribe for after the reverse split for advanced scrutiny?
A new CEO is what we need about now.
Sure a partnership opens up all sorts of stock price appreciation possibilities... but as it stands currently, that is all Colorado dispensary talk until management sets a new precedence in their 12 year existence and inks a real deal. We are not a 29 pennies solely on the Sunrise failure. Someone needs to step up and validate the science by plunking some real money on the table.
Today, the market places a valuation on the tech at essentially zilch. I find that extremely concerning based on all the parties that have supposedly been kicking the tires.
No hard feelings...really....
But way to many "positive posts" that are misleading to the point of deception and are basically baseless becomes counterproductive.
No problem with positive speculation...but let's keep it real.
I'll bet if you met management and looked deeply into their eyes you would be more ok with the 95% stock price decline.
When a companies' leadership hides behind the Delaware laws and personally enriches themselves at the expense of shareholders....that is basically a scam.
A public company should not be run like this. Pretending this isn't wrong on so many levels is simply ignoring reality.
Has anyone checked under King's desk to see if they hear any breathing sounds? I am sure he comes in on weekends to do all he can to prevent this pending doom of the second reverse split on his watch.
Plainly stated...It would send a positive signal to the street that the company has decided to reverse it's business philosophy and begin conducting their dealings with shareholders best intentions in mind instead of their own well documented self interests.
When examining the stock chart under King's tenure, what conclusions are drawn? Success or abject failure? Ready for more of the same? The market is signaling that a change is in order.
The game plan is clearly failing despite AVID'S projections. 28 pennies a share is a good indicator that a big change is needed in my opinion.
Any moment now....
Nothing short of a small miracle will bring us back into compliance.
Beware of deceptive pumps to the contrary.