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All Linda would have to say is that according to our company, ethics policy and to stay in good standing as a board member the employees and board members agree not to short the stock or loan out any of the shares they have, which then can be shorted by a third-party while employed or on the board.
Seems nice and ethical don’t you think.? As it should be. But if they can’t make simple statements about this kind of ethics, then there is a problem.
They have no problem, making statements how all of the retail shareholders should lock their shares up forever.
Thanks barn but it would be very simple.
The company and its next regulatory filing has a one liner that states something to the effect that, none of the insiders are shorting this stock or are lending any of their held shares out to be shorted and IF they won’t make that simple statement one would definitely wonder why they can’t make that statement.
Is it that somebody on the board really is loaning out their shares?
And getting interest for that?
While we wait decades?
I don’t see why not? The dude sold a half a million shares right before a major milestone. Not helping us. not helping us.
Diligently selling shares right before a major milestone. Really helping a lot!
Barn but the mystery novels are good!
OK thanks sukus. I’ll calm down a little bit!
Good point. I am mad at him for selling prior to a major milestone that should have reflected positively on the share price. But didn’t and share price has only went down.
That’s the other thing that’s weird. I look on the 10 K from last year and it says around 24 million shares that he’s got.
Who gives a guy 24 million shares for being on a board. Unless he sold something or gave something a value to the company it’s just a giveaway
That dilutes all of us.
I don’t know where you’re getting the 9 million shares maybe that’s the amount he actually owns in the rest of options I don’t know.
Management does seem to be overly focused on taking care of insiders and board members and employees to the very highest degree at the expense of retail who they could care less about.
And then the guy sells a half a million shares right before a milestone that should’ve been very positive for us.
It’s simple all he has to say is nope I didn’t do that. How hard is that?
Thanks Kab the numbers seem to fit with my thesis or hypothesis.
Clearly, I have said all along that it is possible given the numbers and the amount he sold to pay taxes. I’d like to think it was not and it probably was not. I hope so.
I don’t have a lot of trust, that management will always do what’s best for retail. They got their eye on some other ball that has nothing to do with the retail or the share price or stock it seems.
All this said, I do know for sure that he sold a half 1 million shares right before a major milestone. And that did not help any of us.
In my opinion, he’s gotta go off the board.
Crash I don’t wanna amplify any of the stupid shorts. And I am not short, and I am not paid anything for any comments.
But the clear fact remains this Navid dude sold around a half a million of shares right before the long long awaited milestone submission and he’s an insider who should know better. he muted the potential positive response to the market of the milestones submission. And now we’re stuck at $.50 why is it? It seems that the company tries to mute any positives. This activity is not helpful and occurs right before a major milestone. Who does that?
We can’t support him. We can’t have him on our board.
So bio, if you’re not here to help people who “undermine” the company, then why are you supporting Navid, the guy, the insider, who sold right before the major milestone of submission.
Seems like you shouldn’t be supporting him so much since his actions are really undermining the company.
I think I’m helping the company because Linda needs to clean house and get him off the board.
That’s what I figured you don’t know.
Bio. Do you know how he got? 24 million shares? Did he do something, did he sell something? How is it that he got 24 million shares? I think Cofer has about 6 1/2 million shares but at least he has worked his butt off for it. I have no idea what this other guy Navid has done in order to receive such a massive award.
That’s my point. I wonder why he needed money to pay taxes? When he had no PRIOR sales oh NWBO TO GIVE HIM TAX LIABILITY.
Who knows,no one does except him.
That’s why he needs to come clean and tell us that it was not because he needed to pay taxes on the interest he made from loaning his shares so they could be shorted by brokerages. Then we all will know and I’ll lay off. But it’s certainly possible that that’s what he was doing.
I would assume that that might well be the truth, if he does not disclose that it is not. If it’s not true, it’s easy enough for him to say no I didn’t do that. Because we certainly don’t know, but it has some elements of suspicion that that is truly what has happened. Makes me angry That he sold Wright prior to a major milestone. Who does that?
I will tell you, someone who needs to be off the board
Retail shareholders of the company are the victims. The guy sold right before the company submitting for approval.
Is that what someone does who is trying to support the company and the management tells us retails that we should lock all of our shares up but yet their own board member sells right before a major milestone, that’s the facts.
He independently sold right prior to us submitting for approval, so I think he should be truly independent and be independently off the board. He’s not supporting the company nor the shareholders.
Thanks for the correction, voice recognition doesn’t give a crap how to spell this traders (traiters) name and neither do I. Get him off of the board. Independent my ass.
Yeah, I wonder how many shares Les’s biz guys have gotten. I bet it’s millions.
Do you know what in the heck he did to get 24 million shares, if anything. did the company buy out his company or something like that? Why does he have 24 million shares. So now, right when we’ve submitted, he can shove it down our throat by selling.
Ok didn’t know that.
And if he doesn’t come clean and tell us this, then, one can assume that he is actually allowing his shares to be loaned and shorted, all the while management is telling us stupid retails to lock up our shares.
For the most part predated LP
Yes, agree Mahalik needs to go. If he was involved in the absolutely stupid Swiss deal, that’s horrible.
Literally the Swiss debacle, is absolutely the worst thing. This company has ever done and is absolutely Horrible, eventhough it is historically dated now the most part predict LP. It’s darn embarrassing Embarrassing and unprofessional.
And I agree I’ve been working my ass off buying on the open market with hard earned money, and have just a microscopic amount compared to Mahalick. And all he’s done is write a sweet piece in 2007 and involve the Company in the Swiss Fraud
And now he’s selling. He needs to come clean and tell us openly that he’s not allowing his 24 million shares to be borrowed and shorted against us. Linda needs to clean house and get his ass off the board.
Exactly. Really makes me mad especially when insiders are selling and also possibly?? Using their enormous shares to be loaned out for shorting. All the while telling others not to. I think Mahalik needs to come clean and tell us that he is not doing that.
Thanks Soj
I do appreciate your post. I don’t understand a lot of the technical stuff with charting but I do appreciate your interpretations.
Thanks for talking me off of the cliff!
Be careful with putting me on ignore. Sometimes I come up with some pretty good stuff but not recently.
Agree thanks thanks!
Poor Man. Thanks I do agree.
Not stupid angry. Watching people die.
Short off Bull
Thanks thanks. Good info. So now we know the share price will be $.40-$.60 for the next four years with no incentive for management to do anything. they can just continue deluding for four more years until they hit the shelf. Good to know.
Mani you are correct absolutely nothing has the ability to impact share price. Absolutely nothing.
We’ve already had so many great things like the jam article, survival advantage, no, side effects, Eden, etc. etc. etc. and nothing, Nada, absolutely nil effect on value and share price. So absolutely, the nature article will have no effect as well. Nothing does nothing can. KG has it pretty well locked down forever.
And management will never partner will never ask for help. Will never do anything like that. Control freaks it seems.
Thanks agree.
But it doesn’t seem like we are seeing as retail any improvements in any value irrespective of anything that the company, achieves, milestones made, anything, literally anything,the company has absolutely no effect on stock price.
I don’t think management understands or cares about this at all and I’m not sure management is actually working with us and for us.
They may have their eye on a different ball, something that is decades away, that never pans out for us. They must think that human beings are immortal. And that investments should be immortal As shareholders.
I don’t know but nothing they do seems to affect stock price at this point in time. Nothing but pressure. Pressure all the time no improvement no sustainability. Nothing. Never. No good news affect it. nothing affect it. At all. Totally discordant behavior.
So Smitty if the share place has been beaten down, because of insiders loaning their enormous number of shares that are shorted? That’s irrelevant so the losses to the stock are related to that and not spoofing? That spoofing really didn’t cause the reduction in the price of the stock? so that’s irrelevant according to you. Isn’t one of the items of the lawsuit to figure out how much was lost by the activity? Please advise.
True, true.
WHAT???
The FDA actually did something!
Must’ve been some money exchanged, and somewhere along the line to grease it. Seems like that’s the only thing that works with the FDA.
Thanks I needed that reinforcement. Everybody was starting to beat up on me. I thought I was like Biden or Trump or something and didn’t understand what I was reading!
Smitty, not New at all. Owned this sucker for over 10 years now. Never seems to work out. No matter what they do.