Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yes they are. Roth and mgmt look foolish when Roth puts out a buy target at $10 and then they and mgmt do a financing at a 90 percent discount to the target. Yep ATM is cost effective.
Come on not you too with these secret meetings and deals LOL! If we don't already have a deal lined up we are in big trouble! Hasn't the excuse been it takes a long time to make a deal?
Same here. So far after 3000 posts of hunches, wait another six months, mgmt upset with me, need financing but mgmt not doing anything, just maybe around 3500 the hunches will come true so I have to keep reading. All imo.
What you failed to grasp is that I have said many times as a shareholder the most important thing to me is the share price? Until the share price goes above 3 this stock and mgmt is a dud! Hopefully one of the rumors and conspiracies will pan out today. I guess it bothers people that I don't care if I lose everything. I've said it before, I rather this go belly up tomorrow then have six months after six months go on. So you can keep saying post after post how many shares I own. Maybe you will hit 4000 posts before I hit 500! Again you are smart enough to use the ignore feature aren't you? All imo.
JR. Great Post. That has been the mantra for most of the board. Wait three months, then another and another but have no accountability for what you post. Kind of like mgmt. If you post theories and conpiracies over and over again it is okay. If you post facts then you have to sell or stop whining. LOL!
Amazing that people have made deals a couple of days after releasing data. We are going on almost 30 days yet most people were saying BP already has seen the data etc...... What is taking so long?
In the past we were told it takes a long time to make deals. Yes I can imagine the midnight oil burning night after night while Mary Boyd and mgmt finalized the huge deals for Stason, Dios and Shanghai. I can't wait to see what the next five years will bring.
Time and excuses are running out. Next quarter ends this month which means more cost effective ATM soon. All imo.
I know the financing has had a disasterous impact on the share price
Not according to our mgmt and CFO. He has repeatedly stated that the ATM is cost effective. All imo.
In the next 12 months this company will either be a huge success or a dud, IMO.
LOL! Here we go again, rinse and repeat. Now it is the next 12 months! As of now the stock is a dud. 93 cents and still selling ATM shares. That tells the whole story. Not focusing on the negatives. Just the facts not theories, papers, conspiracies etc.. Lets not kid anybody the most important thing is the share price (espcially when selling the ATM) and it is at all time lows after alot of the so called promising data and talks. All imo.
If we don't get news at 8 or 9 in the morning you can pretty much count on no good news for the day. It has been mgmt's ammo for years. They must do it for a reason. If you recall the one time they didn't do it was when they really wanted the stock to go up to make the Russel. Who can forget the one PR near the end of the day followed by the infamous DIOS PR about an hour later to try to make the Russel? Makes you wonder mgmt's motive when they are selling ATM shares and not surprising the market in the middle of the day to catch people by surprise. They must do it for a reason. You can't argue the facts that they have suppressed PR's all the while sellilng ATM shares. All imo.
The better question is why hasn't he bought more of PPHM at these prices and why doesn't he own 20 percent of PPHM? Stock price kind of disproves that he has been adding shares. The volume was definitely there to get rid of his shares. MGMT releases all PR's premarket for a reason and/or for somebody. Anybody still locate the remaining "institutional" shares. All imo.
Thanks for validating my post! LOL!
Jake, You can only repeat things if you say such things as"
Wait another six months.
We should have data soon.
Data will be presented at conferences then we will see
Roche already has a deal in place.
Secret deals with govt already in place
Mgmt is following through on their plan
ATM is allowing our science to proceed
Mgmt would not do such a small deal if they didn't have anything
28% institutional ownership (even if true, really small anyway)
Dart must know something
1 billion market cap for one IP alone
Real longs wouldn't say bad things about a company they own
We are in talks
You get the picture. Facts don't matter. Stock at 91 cents. Still in talks. Three shady men with documented history as BOD members but hey they are still looking to upgrade. LOL! No outside PR still. Still no deal with a big company yet. Lots of data already released. All imo
Jake, You can only repeat things if you say such things as"
Wait another six months.
We should have data soon.
Data will be presented at conferences then we will see
Roche already has a deal in place.
Secret deals with govt already in place
Mgmt is following through on their plan
ATM is allowing our science to proceed
Mgmt would not do such a small deal if they didn't have anything
28% institutional ownership (even if true, really small anyway)
Dart must know something
1 billion market cap for one IP alone
Real longs wouldn't say bad things about a company they own
We are in talks
You get the picture. Facts don't matter. Stock at 91 cents. Still in talks. Three shady men with documented history as BOD members but hey they are still looking to upgrade. LOL! No outside PR still. Still no deal with a big company yet. Lots of data already released. All imo
JR you better watch out now you are going to get a 1000 page essay about the HCV trial! LOL!
Yes very ridiculous that people could be happy at 91 cents and another poorly written PR. Do a deal already.
If what RR says it is true again another dissapointment that we are sticking with in house IR/PR. Lets hope he will just be IR. Maybe no reputable PR firm will work with our shady board. All imo.
Fact you were pumping HCV results to come out and randomized data before end of year. Fact as usual now another six months.
Facts no one can dispute are that PPHM is at .912 cents near all time lows and mgmt keeps selling ATM shares at these prices. All imo.
!. Of course, your assertion would mean that those new technical professionals being hired by PPHM and Avid are being brought on board to enlarge your alleged scam rather than to do useful work. The same applies to Dr. Garnick and his research team. I find that very amusing and ..... an indicator of "cluelessness". (Sigh!)
Can you also list the number of supposedly qualified people that have left PPHM? Why would they leave this well run machine? Let's see we have Garavoy, King, Chris Eso just to name a few.
BTW, Garnick is a consultant as well as the rest of the folks could be. Hiring people at AVID hasn't proved anything other than maybe they are just replacing people that left. They are after all doing less at AVID now than they were two years ago, NO?
All imo
Again, you can just use your ignore feature if you are tired of reading fact based posts instead of just wanting to read about proposed buyouts, ridiculous market cap projections, another six month projection, long diatribes of mgmt following through on their plan. News flash: Stock at 10 year lows and mgmt diluting company at these levels without trying to increase share price which they can do instantly. All imo.
I don't understand why they didn't do a significantly larger "institutional" offering than $6 million at $1.11 when they have obviously been selling the ATM for far more than 6 million shares since the October offering.
Because they don't care or they are incompetent. The same reason they didn't do an offering at 2.50 when they knew nothing was coming in. The same way they only did a RS to get the stock to 3. Why not get it over 5 so that institutions can buy in?
BTW, where are the missing 4 million shares? Brings back days of ES and his offshore buddies doesn't it?
Why does mgmt only issue PR's at 8 or 9 am before the market unless it is aftermarket announcing another massive dilutive financing? Who are they giving the opportuinty to sell or buy shares? The shadiness continues. All imo.
The point is there is absolutely no reason you can't do both. The science can succeed and business side can be better right now. To just say the science is all that matters is just naive in my opinion. You can have a higher stock price while you are waiting for the science to prove out. There is simply no excuse for the ATM being sold at less than a dollar. All imo.
Hey we can agree to disagree. We have tried it their way for the last couple of years and it hasn't worked yet. All I'm saying is what harm could it possibly do to add members to the board and hire a PR firm. I can't see it costing more money for the PR firm since we are paying for two salaries, health benefits, retirement benefits and probably gym membership and adding members to the board would cost us 80K each. Add to the fact that the IR firm does not even answer shareholders and the PR's raise more questions. If we just increase the ATM price by 20 cents on one million shares it pays for itself. The years of false promises just wears thin. Can you think of one positive surprise that this mgmt team has deliver in the last couple of years? All imo.
Should they not expect something more then salary??
Boy all the unemployed people probably wish they work for you! Stock at 10 year lows and with the mistakes this mgmt team has made they should be out of a job never mind collecting bonuses and options.
Oh and I will do the math for ES and the boys.
Lets see for the last eight years alone they have made 8 times 80K which is $640K in board fees alone. Now if you add all the bonuses and options and stocks it is quite ridiculous. You could look up CJ bonuses. It is quite ridiculous to say the least. Lytle should not get one penny for the job he has done. All this and the stock is near its all time low. Hmmmmm. Great job huh?
What people failed to understand is that it doesn't matter if the options they have our worthless. The problem is they just keep giving themselves lower priced options and more options every year. Therefore there is no timeframe or rush for the company to succeed.
We had excusese being made about this being the worst environment since 2008. Well now what is the problem?
What harm would it do if mgmt put two qualified people on the board and hired a real PR firm. They would still have the votes. This leads me to believe that no respectable qualified person would take the board job knowing he can't change anything and that he would be associated with the three board members and their shady history. Guilty by association. All imo.
KT, I agree with you about our management and I prefer our ATM means of funding to the other kinds we've had. Small cash-poor biotechs must raise money somehow, under sub-optimal conditions, and dilution is inevitable
Again, the ATM could be put to better use. Mgmt has suppressed PR's while the ATM is being used and the price would be higher if mgmt adds to the COB, hires a PR firm and hires a real CFO. Even non frustrated posters at least are starting to concede this point. We haven't even discussed the mismanagement of AVID. We have not had a govt contract for over 18 months and mgmt still has not replaced the business. Enough with the excuses already. There are better means available now for funding. You have analyst for the last year targeting a 8 dollar share price and mgmt is selling shares at $1. Time for mgmt to finally do something positive. To say all that matters is the Science is just plain ridiculous. We already got our HCV data, and one randomized data and we are at 93 cents. That is a fact! All imo.
Yes we promoted CJ to COB after he was in charge of the Epstein fiasco. He definitely showed his competence there! Quite ridiculous that there are three people on those board whose history are tied to each other and whose past has not been filled with shiny achievements. No reason at all for not having a PR firm and no other board members. They themselves have said they are looking. LOL! All imo.
Kt, you should really give it a break. Less than 27% of shareholders voted for this BOD.
I kind of get the feeling that all this attention towards Dews posts are purposely done to avoid the real issue which is mgmt's inability to fund this company! The single most important issue right now for shareholders is money! For every ATM share that mgmt sells at these levels is a slap in the face to shareholders because there is absolutely no reason to sell at these levels except for either (take your pick) incompetence, greed or just don't care by our BOD. All they have to do is add someone competent to the BOD, hire a CFO, and add a PR firm and there is no way this stock is at 93 cents.
If we want to keep going back and forth about a press release which was so poorly written (again the PR/IR problem) then go ahead but at this point I truly believe it is to take attention away from the poor job mgmt is doing.All imo.
Again. Things mgmt can do right away that would not affect day to day operations and would more than likely increase the share price!
Fire CFO Lytle and replace with qualified CFO - Boom!
Replace COB Johnson with qualified COB - Boom!
Add qualified member to BOD - Boom!
Replace current PR/IR firm with real PR firm - Boom!
Hire an IB firm - Boom!
All imo.
KT
Instead of giving all of that very well reasoned argument as to why the ATM is working and supportive and this and that, why don't you ask management why they haven't developed any ALTERNATIVES and HOW MUCH LONGER they need to continue with this Mickey Mouse method of financing the company??? It's been nearly a decade now. At what point would management recommend new management??? I don't ask that facetiously. I just would like to know what the "horizon measurement" is where this management admits failure to develop alternate means of finance.
AMEN!
Just shows how incompetent our BOD are and how foolish they look selling ATM shares at $1. All imo.
It has already been posted several times by other posters and even an article was posted that showed most of ES's shares were obtained from compensation from deals he made. I guess you didn't read that article that didn't portray ES and his company in a good light. You haven't seen ES pluck down a huge amount of money recently have you? Even more peculiar is how with all his connections he can't secure PPHM a decent loan or finacing. He also has milked the company for 80K a year x at least 12 years plus all his bonuses and options (benefits with his options after the split at lower prices and higher quantities). Not bad for running this company and his other company to pennies. One could only guess who was behind the most recent financings and all the past pipes where the "institutional investors" never appeared. Kind of like the missing shares from the last financing. All you have to know about the motives of ES is his appointment of CJ. 91 cents tells it all. All imo.
What is more disturbing in my mind about the "idea" that ES will not sell cheap is that no matter how greedy we may think mgmt is BP is more greedy. With that in mind all it would take for our company to skyrocket is for two companies to want our product. Before you know it you would have seven companies, then 10 fighting it out. Very disturbing that with the data out there already and with what people on the inside probably know that there has not even been a bite. Even if someone wanted to keep us down (the 10 year conspiracy accumulation theory) all it would take is one more company to want to make a deal. Why that hasn't happen is a mystery. Everybody has seen the deals everybody else has been making yet PPHM at 91 cents and no money thanks to our BOD. All imo.
For the record I am happy to see that we haven't done a financing yet. I would hope that if mgmt had to do another financing they would have done it right before the holidays and the New Year. This is giving me some ray of hope. However with the past history it would not surprise me if it did not even cross their mind to do it then and they will just do it whenever they please since their money and shares are not at stake. It is easy to do while you know you will just increase your options at a lower price later on. All imo.
Frustrated, I don't see changing out personnel as being helpful unless the new entrant carries shades of partnering or financing. Either way, it is the prospect of partnering and new funding that is driving value.
Of course not! This line of thinking is why we are where we are today. If you honestly think CJ, ES, and Pohl are the best we can do and represent the company well to others than there is no hope. These three stooges are nothing more than penny stock lawyers and financers whose history and record speaks for itself. There is no doubt in my mind that a strong CFO, COB, PR firm and IB would double this stock. The sad part is adding to the board would still not affect the votes in the company. How greedy, shady,incompetent or whatever you want to call them is this BOD? Maybe they are the best and we just don't know it but there is no logical explanation especially in light that they admit they have been looking for a BOD member. How do you explain this PR firm who can't write clear PR's and a company that clearly suppresses PR's. Something does not smell right. I hope I am wrong but I haven't been wrong for a while. Funny how all we hear is the Science will take care of itself when all along I have been saying you need business first. We got all the data we were waiting for and we are lower than when we didn't have it. 91 cents tells it all. All imo.
What tools does management have available to support the pps, presuming that PPHM is seriously in talks with a Pharma, other than PPHM announcing an agreement has been reached?
It never ceases to amaze me how mgmt can do no wrong. Here are just a few things that mgmt can do right away:
Fire CFO Lytle and replace with qualified CFO - Boom!
Replace COB Johnson with qualified COB - Boom!
Add qualified member to BOD - Boom!
Replace current PR/IR firm with real PR firm - Boom!
Hire an IB firm - Boom!
All imo.
Any option, including earlier partnering of core assets or sale of the whole company would be preferable to selling large percentages of the company at 10-20% of discounted fair value (as computed by the analysts that follow the company).
Using a modest $7.50 analyst target means mgmt is selling large percentages of the company at over an 80% discount but somehow people don't view that as a mgmt failure!
Were PPHM to beef up the BOD with a heavyweight IB and then hire that IB, IMO the price would move substantially allowing sale of ATM at above $3 per share for short term bridge and setting the stage for much larger financing at higher prices in the intermediate future. PPHM is still xenophobic.
Wow, been saying that for over a year but again mgmt is following their plan LOL! Mgmt itself has said they are looking. You mean to tell me it is taking this long to find someone as good as CJ while they bleed the company at 10 year lows? What is mgmt's motive here? Either they are totally incomptentent or they are hiding something. Things just don't add up. All imo.
Point is postings have been on and off for over a year. It means nothing. Probably more negative if anything. Supposedly hirings have been going on for last year and AVID still doing less than two years ago. Doesn't bode well for planning and personnel but who knows. We sure are due for a positive surprise since we haven't had one in this mgmt's era. Kind of sad when so much speculation about patents and what is going on has to be made by shareholders just because IR will not answer questions. Hell we are even more confused after we read their own PR's. All imo.
Another day gone with nobody panicking for a piece of the company that is supposedly worth billions and now is at around 96 cents or around 80 million dollars.
Gosh, we have been hearing about new jobs for a year now. It means people are leaving or they are having a very hard time finding people. Really don't know why they need new people unless replacements because they are doing less now than they did two years ago! Even if true doesn't bode well. These jobs should have already been in place if something was going to happen in the next six months. Where is the money already! We do after all have an expert in ES on the board. It is about time he earns his fees. All imo
What I have been reading on this board is that we have a secret governmnet contract, we have a deal with Roche already, we had to just wait till end of December till we get the data, mgmt is following their plan, claims about Duke again, wait another six months yada yada. I think we have all know for a year we need a deal, hell mgmt has said they were in talks for years. Were they lying or just forgot to tell us Big pharma said no. They continue to look stupid selling shares at a dollar while their paid analyst have been projecting an average 8 dollar target for over a year. They are even underperforming against their own analysts. Oh I forgot they haven't made a deal yet because they know the value of their company and will not sell cheap all the while selling huge amounts of stock at a dollar. Makes sense to me. They rather have their drugs delayed and surpassed by other companies while they wait to make the deal.Big pharma really making headlines rushing to make a deal because the data is so good. So far no evidence at all to back that up unless of coures we already have a deal with Roche LOL! It has been said numerous times by even non frustrated posters that PPHM has had the ammo to do better deals for quite some time. They refuse to do so.All imo.
They are useless yet we have to pay two full salaries, plus health benefits, plus options and they still can't answer shareholder questions or write a press release but we do not need a real PR firm.
BTW, last week it was brought up that the downward pressure and volume was tax selling related. Are we starting off the year in tax selling loss mode already? I guess today's theme will be accumulation. All imo.
Sometimes the truth hurts. What parts do you disagree with? Mgmt not hiring a new member? Mgmt not hiring a real PR firm? Mgmt not making any deals? You got all the data you were hoping for what's next? I know the next six months will be different.
Mgmt stated they were searching to add new board members. Fortune 500 members don't take this long. How long do you wait while you are crippling the company financially? Why wouldn't someone be jumping at the chance to help this company? Why doesn't mgmt want to help the company? All imo.
If the company really wanted to save lives they would stop this charade, hire a real PR firm and add strength to the BOD not add CJ to COB. They are all about making and protecting money for themselves. They probably have cost lives by their inability to raise money and/or willingless to make a deal and by suppressing PR's etc......... Imagine how much further and faster the trials could be run if well executed and funded. All imo.
I'm sure our BOD has it covered just like with Epstein and China TNT. No worries.
The only thing constant is the three stooges ES, Pohl and Johnson but don't worry they have laid out a plan that the company is following. It has got us to $1 so far and massive dilution. Lets not forget the experience and respect they bring in their field for the company. Yes BP must be afraid to negotiate with the likes of this board who already lost a case to Epstein giving away China TNT. This board also negotiated deals with DIOS, Stason, Affitech and open up a China Subsidiary. They did all this in only 8 years while giving themselves bonuses and lower options while selling shares at 10 year lows. Imagine what they are capable of. I sure hope they don't research that they all are involved in penny stocks together and how well they managed those companies. That will really get them nervous. All imo.