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Corect me if im wrong but wasn't it revealed later on that there was a partner but because of the data debacle it was later found out we lost that said partner?
It was stated in the lawsuit that there was supposedly a partner but who really knows. If you believe that then do you believe the other stuff written in the lawsuit? By the price action, I do believe they may have had a partner. The question is if they indeed did then how in the world do we not have one now unless the reconfigured data is not very impressive or because of mgmt's greed. Patients are dying. I sure hope it is not because somebody wants to get filthy rich instead of just wealthy. With hundred of thousands of options in reality a $5 share price makes mgmt wealthy. Remember you can always take stock in the acquiring company if you feel you are not getting what you are worth if you really want to see the science get to patients. All imo.
They wouldn't go kaplunk. They would just start hyping something else. Print more shares, or reverse split if necessary, and wash and rinse.
This mgmt team has already done it once. The good news is then we would have a new "newbie" list to look forward to.
Joseph Shan NEVER STATED the P3 was going to have "HOCKEY STICK" Enrollment.
People here only believe what they want to hear. Yet they conveniently forget the SK stated he hoped to have a commecial product before mid 2012(before even the tainted data announced in Sept 2012), that SK stated the company wanted partners on board before both phase III protocols for Cotara and Bavi yet we are to believe partner before year end also.
Wasn't the consensus here that Marsten left as a precursor to a deal already in place? All imo.
Think about a failure in this Phase III trial and the management team loses everything.
That is simply not true. Think about it, this mgmt team has been around for 10 plus years and nothing to show for it per shareholder value. They survived the tainted data didn't they? They just double the amount of shares. All they have to do is to do what they have kept doing. Printing shares and collect more options at lower prices, their salary and their bonuses. Nothing has changed much in 10 years but a lower stock price while mgmt has collected millions. All imo.
No worries man. Don't you know that pphm is the only company that is 100% leaked proof. That is why you don't have lots of buying and a high price even though the whole world knows BAVI is it. Throw in the conspiracy to keep the price low, and mgmt making sure nobody knows about BAVI and that is why you hear nothing about BAVI. Just to make sure mgmt also sold prefered shares at only $3 a share with 10.5% interest and sells ATM shares in the $1.70's so as not to give the value away. Have no fear though, Roche and the family have been secretly buying for years and in case you didn't hear mgmt was seen second hand laughing, and being in a great mood at ASCO. That could only mean great things SOON! All imo.
I have a gut feeling that we will here at least one prediction today that we will get news soon.
ARIA just did a $200 million unsecured senior note placement (3.625% vs. PPHM's 10.5%) at a 71% premium. How is the PPHM preferred share deal better than this?
It's not. However don't worry it is not better only because this was the precursor to a partner deal with our partner already in place. Yeah thats the ticket.
Looks like we'll be partnering real SOON huh Frustrated !!!
I sure hope so since SK has been in talks for years and Worsley hasn't done anything to date. Only time will tell.
Wasn't this the same guy who when I said the reconfigured data wasn't as good as the original reported data told me I had nothing? Besides it is getting kind of ridiculous every day hearing the same I got a feeling we will get news, etc... and then are people really supposed to believe that mgmt was in a good mood and feeling good and being tight lipped at ASCO and from that good things are happening. It is getting a little silly. Lets just have mgmt release the news that are due.
Your post didn't say your friend said it. In any event it must be true, since your friend is definitely an expert in human behavior. Besides he really believes in pphm since he has 10000 shares.
I agree at ASCO they were totally tight lipped but all in great moods, feeling, sounding and acting very confident.
So you were there in person and saw them in great moods and acting very confident? Was ASCO televised and miked up? Just when you thought you read everything....
Double the shares now after the tainted data.
Still only equates to a about a $6 buyout for pphm. IDIX must have been in talks for the last 10 years.
No problem. Cotara actually has orphan status and fast track. Go figure.
Cotara has been granted orphan drug status and Fast Track designation for the treatment of GBM and anaplastic astrocytoma by the U.S. Food and Drug Administration (FDA) and orphan drug designation by the European Medicines Agency (EMA).
If you are new to pphm Cotara also has fast track and has been put on the shelf waiting for a partner.
You know he has NADA why ask?
Uh? Again proven that the phase II data now reported is not as good as originally reported.
PPHM went to the FDA with PII SOC improvement of 60% (the reconfigured data) while the original reported data was 113+%.
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Absolutely, All you have to do is compare the poster session data with the original PR and compare the MOS numbers and all the data. It is rather plain and simple.
SWEET glad to hear it is plain and simple. Then throw up the poster session data with the original PR and the MOS numbers and "all the data" and run me through the comparisons. I'd like to see what is so obvious for myself!!
There should have been no need for clarification if one just read the PR's and wrote down the facts.
Fact is Phase II data was good, real good.
Fact is the data is not as good as originally reported. Share price reflects that.
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The new reconfigured data is obviously not as good as the data originally reported.
Do you have one single solitary shred of evidence to back this up?
Absolutely, All you have to do is compare the poster session data with the original PR and compare the MOS numbers and all the data. It is rather plain and simple.
Fact is no matter how you slice it one can't say the tainted data was sabotaged and be correct. If it was indeed sabotaged there would be an arrest and mgmt would state that fact. Maybe Carlton Johnson after 18 months will eventually say that but to this date he has not. One can say there was a dose switching or other act but to state that it was sabotage is untrue until it is actually proven otherwise it is just someone's wrong opinion. The new reconfigured data is obviously not as good as the data originally reported. Share price reflects that the data reported originally will not be validated again to this point. All imo.
Once sabotaged it's now very guarded,
Again, never has been proven sabotage. Sabotage is a criminal offense and now over 19 months and no arrests. But if it is therapy to say sabotage so be it. If someone actually sabotaged it they must be salivated at the opportunity to do it again since they got away with it the last time. At least it will give Carlton Johnson another chance to get to the bottom of it. All imo.
Not short term at all. You are saying that mgmt would not even look at a 3 billion dollar offer now which equates to over $15 a share. If that is the case, how can mgmt sell any ATM shares at $1.70 or sell any more preferred shares at $3 and 10.5 % interest. It would seem they should be able to have multiple opportunities to sell preffered shares at a 50% discount at around $8 right now unless of course they really have no BP interest and they are the only ones who believe their company is worth 3 billion and if that is the case it is amazing they don't purchase on the open market at a regular cycle which is totally acceptable by the SEC. All imo.
LOL! 3 Billion is a joke which relates to a $15 share price if you assume 200 million shares outstanding yet mgmt in all its wisdom can only sell preferred shares at $3 with 10.5% interest and the ATM in the $1.70's. They must really be bad investment bankers or really hiding their worth if they can't get better financing. Yes 3 Billion does seem like a joke when you think about mgmt's financing. All imo.
Plus they are selling at a discount of $3 instead of the $50 that they are worth!
Funny that people were getting exciting because we had a bigger square footage booth plus we were a sponsor! Amazing that no PR at all was released. I'm sure it was just because the partner in place didn't want mgmt to release a PR. Yeah that's the ticket.
If you believe the tainted data was because of sabotage then I don't know how you could view going alone in Phase III as a positive. If BP was able to sabotage phase II they will just as easily sabotage phase III. Besides it will be an awful tough sell for the data to be accepted after mgmt presents it. They will just keep waiting for mgmt to come out with another PR to not believe the previous data. All imo.
Why would King say these things if they are not true?...it is simply not credible.
King also said he hoped to have a commercial product by mid 2012.
King also said he would like to have a partner on board before the plan for phase III for both Bavi and Cotara.
King also said pphm flows with the ebb of the market.
King also said we have a China subsidiary.
I guess it is safe to say Kings words are meaningless. All imo.
JMO, but I think we a very close to hearing the news we've all been waiting for.
I totally agree that in 6 to 72 months we should have news.
I guess we will not see an PR about ASCO at all. Kind of shocking even if there is no new info in the poster presentation. Mgmt after all PR'd the abstract before. You would think any publicity and attention would be wanted especially if you may still be using the ATM to sell shares. At least it is good for shareholders looking to add at these bargain prices.
I guess ABVIE wasn't listening.
Maybe they were listening before the tainted data when the data was much better and stat significant.
It appears they are not listening anymore even with the reconfigured data. It obviously appears that there are not two companies listening since there is no bidding war going on. If you don't trust the data it is easier to wait to mgmt screws up the phase III or if you actually believe the sabotage theories then you wait for it to happen again. All imo.
Great Post. Wait another 6 to 18 months. Can't believe that is the first time I heard that before. Great insight must have gone into that forecast. Never crossed my mind that a partnership will increase share price. That must be why mgmt has been in talks for years. Worsley may try to break Boyd's record of working with nothing to show for it. Only time will tell. All imo.
I guess the poster session proves in black and white that it is a fact and proves that the revised data is not as good as the data that was original reported by mgmt. The data is out there and has been out there for everybody to see. While the data may be good it is definitely not as earth shattering as the original MOS and supposedly stat significant data. Plain and simple. Price and no partner tell the story. All imo.
Cotara has fast track. How much value did that add? Enough said.
Does releasing a PR involve a ton of work and that is why they didn't release a PR about ASCO?
No but it does cost money and SK now has more expenses. I wonder if he brought company along again to ASCO at the shareholders expense? All imo.
Wow 120K volume in first 5 minutes and stock now at $1.72. Another potential great day to buy shares at these levels. Big news could come at any time. Please read the current newbie list or you can read one from last year should be about the same for upcoming and past catalysts that have done nothing.
Thanks. This board is obviously for entertainment purposes only. It is like a syndicated TV show with reruns of the same posts over and over. Unfortunately the happy ending hasn't come yet. Hopefully it does not get cancelled before it happens. Today could be the day the manipulation ends!
Curious, no PR for 41 days
No worries that is because of the lawsuit. Oh wait that has been dismissed. It must be because their partner wants no PR's. Yeah that's the ticket.
Will today be the day for the 8am PR. Perhaps excitingly they will release it at 8:30 or 9 just for the suspense.
At this rate the march to $50 is going the wrong way but this is another great buying opportunity. When do you get 10 years to buy a stock at $1.76 that could be $50 tomorrow. Hopefully it doesn't happen soon because shareholders need more time for funds to settle so they could buy more. All imo.
Oh I get it. The IBB index which is usually quoted when it is down to justify pphm being down was actually up today. I believe the IBB index is more factual than a blog that doesn't even post the numbers.
Biotech stocks were among biggest losers on Monday
Huh? The IBB finished up today?
Wow. This has to be a low even for our own inept PR team to not even PR an ASCO presentation. Guess PL has to hit the ATM at low prices to keep ES and his buddies fed. All imo.