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I wasn't comparing them, just pointing out that they lowered both of them.
We've been sabotaged!
He also downgraded Kohl's at the same time.
JC Penney Is Set Up For A Post-Earnings Short Squeeze
http://m.benzinga.com/article/8905867?utm_referrer=https%3A%2F%2Fwww.google.com%2F
The failure of Management to meet most of their stated goals and projections (in published statements and announcements) is FAR from routine for a Public Company and does qualify to some (including me) as somewhat fitting Webster's definition of a debacle.
I agree with much of what you said, but I totally disagree with you about AVID being meaningless.
I think that AVID is the biggest glue holding PPHM together.
That's a chunk of my Rocket Ship......
Bio, sabotage theories (IMO) have nothing to do with our current peril.
I say $1 minimum!
Have you seen those spectacular (but never filed) Financials?
We're making millions!
It's only a short period of time before this is a 100 Bagger and we can retire!
Go Pete and a Clay!
Did you mean to say the Enron of Biotechs?
All of the examples that you provide that you somehow want to equate to this situation used their own blood, sweat, tears and personal sacrifice to advance what they believed would succeed.
The current Management and BOD's use the shareholders blood, sweat and tears to further their personal gain.
There is no correlation between the two.
It's OK, it's not a failure.
It's not a failure until you quit trying!
He is allowed to keep his job because the only ones that could take it from him is either him or his cronies, who also profit from this debacle.
Who in that group would deny them?
Not a bad example, your definition of failure is that it does not occur until you stop trying. Webster's disagrees with you, and so do I.
As far as the FDA's definition of failure, in a trial (according to them), you succeed or fail.
Bavi failed, as published.
If you disagree, take it up with them, not me. They are the ones that failed the trial.
Don't shoot the Messenger.
By your definition of failure, you are correct, Bavi did not fail.
Neither did Custer.
By the FDA's definition of failure, Bavi failed.
It is your "opinion" that the trial was sabotaged, NOT A FACT.
Please provide documented proof from a court or Governmental Agency that proves this or even uses sabotage as a conjecture.
It is a product of this board only. I don't think I've ever even seen anything from PPHM stating sabotage, though even that would prove nothing.
They have "projected" that they will be profitable. That is a fact. Pardon me for being skeptical, but past projections have failed to come to fruition, so I'll believe it when I see it.
Them being "on the verge of profitability is a speculation based on a King projection.
It is ABSOLUTELY NOT a fact.
I would respond likewise to your belief that they are on the verge of a cash infusion. Opinion, again NOT FACT.
There is no proof of either of these opinions.
Agreed, however it continues to crop up again and again as being relevant to our current situation (which I believe it is not).
When I see what I perceive as patently false statements boldly professed as fact I sometimes feel compelled to comment.
Wernaa, there is nothing to support the assumption that the "Judge" or anyone else was "forced" to seal anything, just as there is nothing that proves the "sabotage" theory that is often stated here as fact.
It is typical in negotiated settlements for non-disclosure to be one of the stipulations of the settlement. It is AGREED UPON by the parties.
No one, IMO, was "forced" to accept anything (unless you include shareholders having this forced down their throats).
What is your question?
Yes, you are.
Bio, sabotage WAS NOT found in the real world, only by SOME on this board.
Let's keep it real.
How about this Wook?
They were impressed with his talents and gave him a better offer, one that PPHM was not willing to match or exceed.
I lost quite a few excellent employees in my business career due to them receiving offers from large companies (including benefits) that I just could not justify matching.
I never once felt any ill will towards someone in that position as they were just trying to better themselves.
"How much of a raise do PPHM BODs and bonus increases, after an increase in earnings? How much after reaching profitability? How much after each FDA approval?
I think one should reverse their motions on salary cuts because what you are saying is salary increases should be approved when good things come to fruition"
They are on the verge of going broke. I've owned (and still do) more than one Company and when times are bad, you reduce your perks. I went 5 months once without drawing a paycheck in order to keep my Company alive.
The continued salaries and bonuses of the Officers and BOD is indefensible.
Again, I appreciate your undying enthusiasm and I too wish for success but these are not relevant to our current situation (IMO).
Let's get real.
I did some tax loss selling, but not PPHM.
Still holding North of 100K shares at an average price that makes my stomach churn.
"Shame on management for not cutting salaries"
Hear Hear!
I could not agree with you more.
Bio, this "sabotage" theory has been beaten to death here but never factually proven. There are multitudes of people on both sides of that fence
I appreciate your opinion of the circumstances but there are many, including the regulatory agencies, that are not as convinced as some seem to be (hence their lack of interest).
To present this speculation as a conclusive fact and criticize government agencies for not pursuing criminal charges just doesn't make sense.
Let's keep it real.
Merry Christmas everyone!
May PPHM be better for us in 2017!
But wait!
Listen to the immortal words!
10 profitable quarters!
We might be all wrong but Launching into orbit!
How could I be so blind?
There were just minor errors made in the quarterlies!
This one escaped all but us.
We're all gonna be FILTHY RICH!
Chey, just a thought in regard to Lyttle and ATM sales.
Just because he is CFO does not necessarily mean that he decides when to run the ATM and for how long (shares sold).
I would suspect that King decides when to dump shares and how many to dump. Blaming Lyttle may be just shooting the messenger (though I do think that his opinion is considered when the decision is made).
"acquire a small but growing company if the small company has a substantial competitive advantage over the large company"
Key words there.....
We are not growing. We are clawing to survive.
If we have a competitive advantage, we have yet to prove it.
We're not dead, but painting glowing pictures is not an accurate portrayal of our current situation.
10 consecutive Bogus Financial Statements released (but none filed with a single Regulatory Agency).
Pure hypocrisy in the releases, including glaring factual and typographical errors!
10 lame attempts at dumping more shares to the blindly faithful.
Your continued use of "we" implies that you represent the interests of others.
I am not part of your "we".
Who is"we"?
I will gladly answer that question when I am in a clearer state of mind.
Multiple huge glaring gaffs and many subtle chuckles (see the debt to Kairul Kabir in January,15?).
Instead of hashing minor details, explain this for me.
Why is this "filing", if factual, not filed with the SEC?
Now THAT would be a defining moment..........
Now THAT would boost a stock price!
CP, in your example:
Receive $200 deposit from Customer.
Cash goes into bank, increases assets by $200.
A corresponding Liability for $200 is created on the Balance Sheet as Deferred Revenue.
Total Assets do not change.
Purchase $100 of material to fulfill the order.
Cash goes down $100.
Inventory is increased by $100.
Deferred Revenue does not change.
Total Assets do not change.
Produce and deliver product to Customer.
Inventory goes down $100 (Asset).
Deferred Revenue goes down $200 (Liability).
The difference ($100) is recorded as Gross Revenue.
Total Assets increase by $100 (profit).
AIMO.
I love the gist of the article but had to laugh when I read the "if it comes to fruition" statement.
Now where have I heard THAT before?
Telling, isn't it?
Stoxx, yes, I agree with you (and other opinions expressed here) that there are those that will attempt to manipulate PPHM for their own gain.
My frustration (and rebuttals) seem to rise when opinions try to point to mass conspiracies that are preventing PPHM from succeeding because they have a miracle cure for cancer (amongst other fantasy cures it may provide).
PPHM (IMO) has possibilities to succeed with Bavi, and AVID has provided another possible path to success.
I just get my dander up when opinions are expressed that our lack of forward movement is due to Big Pharma stymying our progress because they are afraid of us.
There are thousands (and probably tens of thousands) of similar companies trying to do what Peregrine is trying to do. Add a selfish and greedy BOD's to that and we are in shark infested waters.
To blame outside forces for our lack of progress is to me, comical.
To refuse to even consider that opinion is even more so.