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She's so brave.
LOL...Two people left on the board still getting deleted. Guess they didn't like my answer??
What's the real reason Cofer Black sits on NWBO's board?
>>It’s looking increasingly probable that Burisma, the subject of a series of corruption allegations in the past, has been smartly buying Western complacency by slapping a few famous names on its board. In addition to the son of a vice president and a special adviser to a GOP presidential candidate, the board also boasts the former president of Poland from 1995 to 2005, Aleksander Kwasniewski.
-The Federalist
Looking forward to seeing this movie.
>>Torture by any other name is the subject of the newly-released film, The Report. The film recounts the aftermath of 9/11 and the mobilization of Cofer Black’s gloveless forces as they spread around the globe looking for “terrorists” to round up and/or identify for entry in the disposition matrix that could lead to later CIA drone strikes during the Obama administration. In one scene, Black (played by Ian Blackman) utters his famous quip the scope of American vengeance, “We will not stop until flies are walking across their eyeballs.” And then the superheroes are on their way.
Oh come on stop making excuses for the company's failure to report back to us on the P5 debacle.
And of those numbers aren't good what will you do about it after the fact?
>>The key isn't how much they're worth, it's how much wealth they can help shareholders to make, as long as those numbers are good, I'm fine with whatever they earn.
That's exactly the reason iHubbers gave for Peregrine's execs not buying shares...for ten years!
Turned out execs had no inside information other than the drug was going nowhere. They had no buyout offers either which was a perennial claim by some.
So funny that you guys are defending executives for not buying on the open market.
You just can't make this stuff up!
More likely they know something so if they bought on the open market would be seen as misleading investors??
Brave? She's made a small fortune.
I think they hired Black Rock to unwind Woodford's positions?
Beautiful.
If you mean am I sure not for something less above board, no I'm not.
Now that she's finally cleaned up with the SEC the symbol is good to go. With her wealth she can find some new IP to play around.
On what exactly, a Geri biotech in endless Plll with a BOD that has little experience in biotech but has very handsome salaries for non performance? It took twenty years to figure out Bavituximab didn't do much. At least Peregrine's management retained the manufacturing division giving shareholders a chance to get whole again once they were booted, although the reverse splits make it near impossible.
Black was brought on board to get to the bottom of the Phase V debacle PERIOD! Not one single discovery in that investigation was ever shared with retail common shareholders who lost almost everything. Nobody ever said they got the bad guys so they'll never do it again! Nobody ever discussed trying to make shareholders whole again.
From articles we know Black was being considered for government positions and we know he sits on a board (Burisma) that's at the center of international controversy. There's just no way he's focussed on little NWBO, IMO.
Meanwhile he and two others who simply set a few exec salaries in a near cashless penny stock are themselves making $150k plus each.
Can you show us any data supporting Black took less salary for more options?
And still they can't seem to buy on the open market to give their shattered retail common shareholders a signal. Oh wait, I know it's because they've awarded themselves so many options (that'll reprice into eternity) that they don't need to show support.
Up on stage asking for handouts after they fried Woodford and murdered retail. I'm sure they've done very well for themselves.
Don't let them play to your emotions.
Just think about these stunning salaries and for what exactly?
Name Year Fees Earned
or
Paid in Cash
($) All Other
Compensation
($) Option
Awards
($) Total
($)
Robert A. Farmer* 2017 $ 87,500 $ 236,000 ** $ - $ 323,500
Dr. Navid Malik 2018 $ 150,000 $ - $ 1,549,000 $ 1,699,000
2017 $ 150,000 $ - $ - $ 150,000
Jerry Jasinowski 2018 $ 150,000 $ - $ 837,000 $ 987,000
2017 $ 150,000 $ - $ - $ 150,000
J. Cofer Black 2018 $ 150,000 $ - $ 293,000 $ 443,000
2017 $ 150,000 $ - $ - $ 150,000
* Mr. Farmer passed away on July 22, 2017
** 1.3 million shares of common stock was granted with fair value of $0.18 per share on July 6, 2017.
If you're really interested in learning here's a great case study for you. So many similarities.
https://www.prnewswire.com/news-releases/ronin-trading-and-sw-investment-management-release-presentation-highlighting-concerns-with-board-of-peregrine-pharmaceuticals-300545548.html
It's not like there's some outside party dictating Powers&Co. compensation. They just make it up as they go along and it's pegged to nothing.
The purpose of those options is to assure she remains in control but that's about it.
You go with your gut I'll go with what I've learned from past experience.
Which is why it'll never go to $10. Do you really believe Powers would have such an impossible time getting loans if banks thought there was a chance she'd be worth a billion?
"with a $10 share price LP has over a billion dollars in shares."
Cherry, folks like you are the reason Powers has that absurd number of options...Because without understanding it looks convincing.
>>Blackrock said it had sold 79 per cent of the fund’s listed holdings by value, but it is now left with another 21 per cent which will be trickier to offload. This is because the remaining holdings are either huge stakes or shares in smaller companies.
But the real problems could come when PJT Partners, the private equity firm which has been appointed to sell the unlisted companies in the Equity Income fund, starts trying to find buyers.
Eye roll
I've noticed over the years almost every time I speculate about Coffer you people really clam up.
And they didn't even have the interest paid back in shares. lol
Didn't Black once make a $50k loan to the company?
Being parked.
How many of her teeth did you have to pull?
Yeah, I'm sure that's just how she said it. lol.
"I thought the manipulation had bankrupted the company."
Isn't it interesting Black steps into Burisma just when Trump takes over. Bush and Clinton both hate Trump. Black have Biden Jr.'s back? Hmm. And what the heck os he doing on NWBO's board all these years...even now with all that's going on in Ukraine? Crazy.
Still would like to reread that article.
Anyone able to post this full article? I'd like to reread it.
https://www.thetimes.co.uk/article/cia-man-called-in-at-woodfords-loser-srzmzpqsc
Sure and that story never leaked out causing the sp to skyrocket? Oh please.
Wonder if Powers knew Black from her old government days? lol
LOL...Southern scratching his head.
Couple of weeks ago I posted an article on Black twice but both times deleted.
I just turn away from the negativity. lol
The sad part is when they finally realize they've been robbed they'll do nothing about it.
True many retailers stepped in after Woodford.