I'm gone. Like a steam locomotive rolling down the track, I'm gone, gone, and nothing's going to bring me back. I'm gone. 06/29/2023
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I don't know if Kissinger, DeVos or Murdoch manage other peoples' money? I thought their interests were elsewhere. But I'm sure they have a lot of their own money to throw around.
Did you go any further in your analysis? Do you realize that people are taking this medicine @10X the uptake prescribed for human lice infections in an attempt to make it efficacious for a viral infection? Did you look into the hospitalizations because of this junk science?
Monksdream, I read "Bad Blood: Secrets and Lies in a Silicon Valley Startup", the book about Theranos written by the WSJ reporter on a flight to Alaska a couple of years ago.
I think they were taken in by Holmes' "charm" but especially who she earlier lined up as investors/supporters like Henry Kissinger, Betsy DeVos, and Rupert Murdoch.
Although the whole thing was too good to be true, the pharmacy companies "assumed" it was true.
I highly recommend the book, BTW:
https://www.amazon.com/Bad-Blood-Secrets-Silicon-Startup/dp/152473165X
Homebrew, that's the way they roll on this board.
I've read the entire discussion thread. Your initial point was that it was incorrect to say Invermectin was not safe for humans. And provided the fact that it was approved for treating parasites in humans.
Then the gang-bang began. You never said the drug worked for treating COVID, only that you didn't know. That suddenly became "you support using Invermectin for treating COVID" which is, of course, not true.
Understand that the gang who bangs seem to get off on this kind of discussion. It is a daily exercise, as futile as it is.
Don't take it personally. They will ream and clean anyone regardless of what is really said.
2003: Theranos is founded
Elizabeth Holmes starts Theranos — a word that combines “therapy” and “diagnosis” — when she is just 19. Her idea is to revolutionize healthcare by making blood-testing procedures cheaper and more convenient. She drops out of Stanford the next year and begins building the company through the sales pitch that it could detect health problems with just a few drops of blood from a finger prick. From the onset, Holmes was able to secure high-profile investors including Henry Kissinger, Betsy DeVos, and Rupert Murdoch.
2004: Theranos raises $6.9 million
With this early funding, the company gains a $30 million valuation.
2007: Company valuation hits nearly $200 million
After three years of early-round fundraising, Theranos receives a company valuation of $197 million.
2010: Theranos raises $45 million
Theranos files a U.S. Securities and Exchange Commission form that states it has raised $45 million by selling equity, options, warrants, and other security rights. At this point, Theranos is valued at $1 billion.
2013: Theranos announces itself to the public
Having kept a low profile during its first years in order to focus on research and fundraising, Theranos unveils a website and introduces its product to the world through press releases and media features.
September 2013: Theranos announces Walgreens partnership
The deal with Walgreens commercializes Theranos's tests and opens them up to the public. Prior to this, Theranos had been a research-and-development operation. After commercializing its tests in Walgreens, Theranos begins reaching consumers directly.
2014: Theranos value exceeds $9 billion
Theranos and its founder, Holmes, are regularly featured across high-profile media platforms, with stories in The New Yorker, Forbes, and more. However, there is rising scrutiny of Holmes’s technology, and her profile in The New Yorker calls her explanations of the procedure “comically vague.”
Fortune announces that the company has raised $400 million in equity sales and is valued at over $9 billion. Thanks to her 50% stake, Holmes is now a multi-billionaire.
2014: Elizabeth Holmes delivers a Ted Talk
During Holmes' 2014 TED Talk, the young entrepreneur promised the world that her company, would make blood testing more accessible, affordable, and less painful.
2015: Theranos is criticized by some in the medical community
A piece in The Journal of the American Medical Association, penned by John P.A. Ioannidis, MD, DSc, criticizes Theranos for having operated in “stealth mode” for years without publishing research in peer-reviewed medical journals.
The same year, Capital BlueCross, central Pennsylvania’s largest health insurer with over 700,000 consumers, selects Theranos as its lab and bloodwork provider. At this time, the company reaches a $10 billion valuation.
July 2015: Theranos test approved by the FDA
Theranos’s test for detecting herpes simplex virus 1 is approved by the Federal Drug Administration (FDA). But by December, the test has come under scrutiny. This is the only Theranos test to be approved by the FDA.
July 2015: Joe Biden visits Theranos facility
Vice President Joe Biden toured Theranos saying afterward, “Talk about inspirational, this is inspirational.”
October 15 & 16, 2015: The WSJ publishes a damning report on Theranos
Things take a turn for Theranos after The Wall Street Journal publishes John Carreyrou’s in-depth exposé on the company. In the piece, Carreyrou interviews ex-employees who claim management is incompetent, has exaggerated the capability of the technology, and is deceiving the public.
Later that day, Holmes appears on Mad Money in an attempt to do damage control in the face of rampant accusations. She claims the statements in the WSJ are false, that Theranos had supplied over 1,000 pages of documentation that disprove the allegations, and that she is disappointed to see that the piece has been published. Holmes says: "This is what happens when you work to change things. First, they think you're crazy, then they fight you, and then all of a sudden you change the world."
On October 16, one day after its initial bombshell, the WSJ releases a follow-up piece that reports Theranos has been forced to cease use of its unapproved nanotainer for all of its blood tests, except for one. The Wall Street Journal also stands by its reporting.
October 27, 2015: The FDA releases a report from its Theranos investigation
The FDA releases a partly redacted report from an ongoing investigation of Theranos equipment. Among other things, the report claims that Theranos had used an "uncleared medical device" whose design was "not validated under actual or simulated use conditions."
November 2015: Potential Theranos-Safeway deal folds
A $350 million deal with Safeway falls through, as reported by the WSJ. The partnership would have allowed Theranos to offer tests in more than 800 supermarkets. Though Safeway has spent money to build the clinics, the tests never begin.
December 2015: The WSJ publishes another article on Theranos
Carreyrou reports that Theranos has rigged tests to produce better results. The article also alleges company mismanagement.
January 25, 2016: Theranos lab in Newark, CA, is found to be a threat to patient health
The Centers for Medicare and Medicaid Services (CMS) pens a letter to Theranos after an inspection of its Newark, California, lab. The investigation, which took place in the fall of 2015, had found that the facility did not "comply with certificate requirements and performance standards" and caused "immediate jeopardy to patient health and safety."
Theranos soon responds, claiming that the investigation had begun “months ago” and “does not reflect the current state of the lab.”
January 28, 2016: Walgreens suspends tests at its Theranos Wellness Center
In light of the CMS report, Walgreens announces it will stop tests at its Theranos Wellness Center inside of its Palo Alto store, also suspending its use of Theranos's lab in Newark “until all issues raised by CMS have been fully resolved.”
April 2017: Theranos settles with CMS
In a settlement with CMS, Theranos agrees to stay out of the blood-testing business for two years in exchange for reduced penalties from federal health authorities. The civil monetary penalty against the company is only $30,000, says Theranos.
May 2017: Theranos settles with one of its largest investors
The settlement with Partner Fund Management (PFM), one of the company’s largest investors, comes after PFM accuses them of securities fraud.
March 2018: Theranos charged with massive fraud
The U.S. Securities and Exchange Commission (SEC) charges Holmes and former Theranos president Ramesh “Sunny” Balwani, accusing them of “raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about the company’s technology, business, and financial performance.”
In the wake of this charge, Holmes is stripped of her control of the company, forced to return millions of shares to Theranos, and is barred from serving as an officer or director of any public company for ten years.
June 2018: Holmes and Balwani indicted on eleven counts of fraud and conspiracy
A federal grand jury indicts both Holmes and Balwani on two counts of conspiracy and nine counts of wire fraud, finding that the pair had "engaged in a multi-million dollar scheme to defraud investors, and a separate scheme to defraud doctors and patients.”
In the wake of the indictment, Holmes steps down as CEO, but remains on the company's board.
September 5, 2018: Theranos shutters
Unable to find a buyer, Theranos is forced to close, announcing it will pay its creditors with its remaining cash. The company announces its closing in an email to investors. Its remaining employees were laid off at the close of August, though CEO David Taylor and some support staff had remained on the payroll a few days longer. At this time, the Theranos website is shut down, and the WSJ reports that any equity investments in the company are worthless.
January 2019: Justice Department is reviewing millions of pages of documents
As per a January filing, the Justice Department is reviewing nearly 17 million pages of documents concerning the case. Based on what they find, more charges could potentially be brought against Holmes and Balwani, and potentially others involved.
March 2019: HBO Releases Theranos Documentary 'The Inventor'
After much hype, HBO released 'The Inventor: Out For Blood In Silicon Valley,' which chronicles the rise and fall of Theranos.
https://www.refinery29.com/en-us/2019/01/222855/theranos-scandal-timeline-what-happened-elizabeth-holmes-documentary
It is not a "bad habit" just because you do not agree.
It is a studied and considered opinion over many years starting when I first became aware of politicians, during the war in southeast Asia.
But I do not expect you to agree with me or disagree with me (although it is you right to do either, just not my expectation). It is my opinion and I am glad to own it. I think you should be able to live with that.
No fuagf, it is not the form of our government that is the problem. It is the power/money dynamic. Our representatives covet power and the money power affords them more than they desire to properly represent their constituents. Greed knows no political boundaries.
Special interest money and the attendant need for ever increasing sums to get reelected has corrupted our system, especially at the federal level.
Biden reversed a lot of things Trump did, some from his first day in office.
He could have changed the circumstances set up by Trump. It wouldn't have been pretty but it would have been better than what we have right now in Afghanistan.
He could have changed the outcome. But he didn't. He gets no pass from me. Nor does Trump.
Because all politicians are $hit.
I am fully aware of what a cluster fu¢k the war in southeast Asia was. But to address your whataboutism:
That doesn't make the cluster fu¢k in Afghanistan any better. The top of the garbage can is still garbage. We went there to get Bin Laden. We got him 10 years ago. That's when we should have left.
But there was money to be made! LOTS of money! We tried to turn the country into a first world nation of warring tribes. We tried to turn the warlords' fiefdoms into a Democracy. We tried to turn the Afghans into a formidable military presence.
We knew all along that it wasn't working. We the people were lied to but those in the know were aware. But there was a LOT of money to be made!
The military-industrial complex. Just like Vietnam. Same as it ever was.
Did I mention that all politicians are $hit?
What part of me saying Trump was $hit do you fail to understand?
You overlook getting TO Bagram for people in Kabul, same dangers in reverse.
The military can secure a 60 km road. Bagram was absolutely defensible.
And I ascribe nothing positive to Trump. Nor Biden. They are both $hit. Please do not put words in my mouth nor thoughts in my mind that are not there.
And if you think we can secure KHI Airport in the middle of Kabul better than we could at Bagram, well it is you who is lacking tactical knowledge. The first military imperative is to establish defensible space with the necessary personnel and equipment to complete the mission. The situation in Afghanistan has none of this.
My questions to you were rhetorical because it is clear you do not know anything about military strategy and tactics. Your bleeding heart bleats display your lack of knowledge. You are all hat, no cattle.
The 12 Marines, 1 Navy Corpsman and 159 Afghans did not need to die. Zeus knows how many were maimed. They aren't telling us.
Bagram Air Base was literally a fortress. HKI Airport in the middle of Kabul is almost impossible to defend from the ground or air. The security perimeter is measured in feet. The approaches to the airport are literally walled funnels, exacerbating the effects of explosives.
Bagram should have been kept operational until ALL evacuations had been completed.
Heads should roll at the top of the military command structure. The blood of all these people is on their hands.
Yes, Trump set the table for this and screwed up royally. And Biden was Commander In Chief over one of the biggest military debacles in history. No surprise there, all politicians are $hit. But my beef is with the military command who oversaw this abortion. Soldiers need to be able to rely on their commanders. They were abandoned.
It's comforting watching people who know what they are talking about, especially when it is a dangerous mission that changes by the hour.
You suspect incorrectly. I attended a full time military university and received my commission the day I graduated. Making assumptions in the absence of evidence usually leads to irrational results.
Old enough to know your question is not germane.
Did you ever serve in the military?
So tired of some using military sacrifices as talking points
..... they put these marines in harm's way, just like those who do not get vaccinated.
I sincerely have no idea what you are talking about.
Jesus, you are a sour, demented old man.
zab accused me of being a Republican. I am not. He implied my Afghan friends were figments of my imagination. They are not. He said I could not find Afghanistan on a map. Of course this is false. zab is just being a prick. I have stated numerous times that I think all politicians are $hit and that applies to Republicans and Democrats alike.
And I think heads should roll in the military command structure. What they have done is beyond malfeasance. To close Bagram and gut the force structure BEFORE US citizens and Afghan supporters and their families were able to get out would get laughed out of a Junior ROTC classroom.
What the hell is wrong with you, zab? One of my first jobs back in the 70's after I completed my stint in the Air Force was at a heating unit manufacturer. We had Afghan engineers working in combustion engineering and heat chamber design. I became good friends with them. And they were sharp cookies. You may be surprised to know that all Afghans do not live in caves and mud huts.
I don't know what I ever did to you to earn such foul derision but after the way you have presented yourself, I don't really care.
I care greatly. They supported our troops and deserve much better than we are treating them. I worked with Afghans and we became good friends.
And I am not a Republican you sanctimonious cretin.
“We understand that the Taliban is now likely to have access to various biometric databases and equipment in Afghanistan, including some left behind by coalition military forces,” Human Rights First, an international human rights organisation based in New York City and Washington, noted.
https://www.msn.com/en-xl/asia/afghanistan/taliban-likely-to-have-access-to-biometric-databases-of-afghan-civilians-who-helped-us/ar-AANITjB
Basically, they just put all those Afghans on a kill list,” said one defense official.
I certainly did and rose to major program management.
Further, this is an ad hominem attack so I will report it.
First, it is not a sticky post. It is a PlusOne post.
Second, the post contains questions, very basic questions, on the manufacturability of a process utilizing Lightwave's "Goo". Questions which Lightwave has not answered quantifiably to date.
The answers to those questions will determine whether Lightwave's solution ever sees the light of day in a high volume semiconductor manufacturing environment.
There are definitely ways. Besides, if your trust was established a long time ago it should be reviewed and updated. I set ours up in 1989 and revised it in 2019.
Talk to an attorney specializing in estate planning.
You need to set up a "Simple A/B Trust".
Hi Janice,
There are some quite good deals on refurbished Macs that are maybe a year old. You will be surprised at the deals you can get. The key is to find a reputable vendor. I have never bought refurbished but met some folks who do and are very pleased. I'd recommend visiting the Apple Product Help board on SI and ask for vendor recommendations. (Hope I don't get in trouble for recommending an SI board here but iHub does not have a similar board.)
https://www.siliconinvestor.com/subject.aspx?subjectid=58052
My bet is that they will eventually run afoul of the slogan mark protection for Little Caesar's Pizza by infringing on their trademark "Pizza! Pizza!".
I'm sure the Greeks do the egg in a hole in a slice of bread thing but we do it in the South, too. Call it a "toad in the hole".
So is it perhaps NOT in the best interest of Intel and others to as you said.
Yet the industry continues the march to ever smaller geometries, even to the Angstrom level.
Which, as your cited author admits, makes Photonics ever more difficult.
It is still a lab science project. The semiconductor industry is moving in the opposite direction from Lightwave.
Intel did not say anything on Photonics by the way!!!!!!
Arlo Guthrie made Whitehall Street famous with his Alices Restaurant Massacree where he describes his draft physical there back in the Viet Nam war.
I'm here to talk about the draft
They got a buildin' down in New York City called Whitehall Street, where you
Walk in, you get injected, inspected, detected, infected, neglected and selected!
Does that mean they aren't our T1 near future customer?
I always thought using whataboutisms was lazy.