So we have a date now from prnewswire. No reply from IR as of yet.

BAUDETTE, Minn., July 22, 2013 /PRNewswire/ -- ANI Pharmaceuticals, Inc. (ANIP) will release its second quarter 2013 earnings before the market opens on Friday, August 9th, 2013.

I'm hoping they are waiting until next week for news since good news isn't typically a Friday type thing. I 100% understand how you feel however.

I went ahead and asked ANIP IR. We'll see if their IR is any better than BPAX IR... Then again, I don't know how it could be worse

Anyone know when/where the financials for the new ANIP that include both BPAX and ANI numbers will be available?

Thanks.

Couldn't agree more. Especially with #4.

Couldn't agree more - there is No bigger douche move in the world of interweb stock boards. Then again we all already new he was a douche. The surprise for me was how god damned stupid he is to post his douche move on the board for everyone else to see.

I own a small business and I've been laboring away all this time making good money thinking that profit was the key. Now I find out that I shouldn't have taken that financing to grow my business. What a fool I am. All I got out of it was year after year of record profit. Dang, dang, dang. Back to the drawing board I guess...

The market doesn't necessarily care about debt. The market does care about too much debt, interest rate exposure, debt used to fund operating expenses etc.

http://www.investopedia.com/university/financialstatements/financialstatements8.asp

Berkshire Hathaway Inc. currently shows 62.7 billion in long-term debt on their balance sheet. I doubt Mr. Buffett or his stock holders are losing sleep over that.

Either that OR it's a massive criminal conspiracy that would be:

1. Nearly impossible get so many otherwise non-criminal people involved in.
2. Nearly impossible to keep a secret while executing it.
3. Obvious at some point in the future and open the perpetrators up to criminal prosecution and civil liabilities.

It might be possible to scrape some money from this colossal failure in the future, but each day that goes by with no news and no plans makes be think it's less and less likely. Additionally it makes me less and less likely to care about the considerable amount of money I've lost in this and more and more happy to burn what remains of it if I can burn these pieces of garbage along with it.

The thing is, even at this point, I think they could win most of us at least half-way back if they just said: "We screwed up and pissed away your money. We will take a greatly reduced salary with no bonuses until we right the ship." You know, like any DECENT, HONEST person would do.

The spectrum rights are gone. Who would buy a company with no assets and massive debt? Who would do an build-out with no spectrum rights?

If you would, I have a gold mine to sell you that hasn't been dug yet on land I don't own.

The only way I am aware of to get the spectrum back is for the gov. to completely change course on this matter or for Fibertower to win the spectrum back in court.

That being said (again): I am asking if anyone out there who has some knowledge of this type process (spectrum battle in court or otherwise) and would care to comment on it?

I really can't see how everything else is not a fantasy until the spectrum is back in possession.

I don't see how I could have been nicer about this (until now).

I was simply asking why you were saying both things at the same time. I missed or did not understand that on the one hand you were saying you <wish it were so> and on the other you were saying you <believe it is so>. THUS I explained my confusion and then asked you politely what I was missing.

I did not insult you, and frankly you are behaving like a child to respond to another posters comments as though I made them. You're not being picked on by me. Grow up if you're not to busy breaking out the big guns like "GMP Compliance". LOL.

Right. I'm asking about what you are referring to as "work out the spectrum issues".

Hasn't the gov. already denied fibertower 3 times on this matter?

It just doesn't seem to me like they are in a working it out sort of mood... So I'm trying to get a grasp on a timeline and chance of success for the court battle.

Are you saying you think a court battle (over the spectrum) can be avoided altogether?

Thanks

Hello. I've appreciated reading your posts. Would you care to comment on what the chances you think Fibertower will get back the lost spectrum in court? Also, any guess on how many months/years this will drag on for?

Thanks.

It sounds like you are arguing against your original point:

"Seems like he could make a lot more money releasing the product and staying CEO."

Now you are saying:

"I think the main reason we are not hearing about it is because they are trying to merge at the lowest stock price possible."

Which is it?

Is it better to release Libigel and stay CEO?

OR

Is it better to possibly take some money under the table to hold off libigel/devalue the company, merge the company at the lowest stock price, make some cash from the golden parachute and other goodies attached to the deal?

Perhaps I'm missing something?

LOL. Damn straight. I'm drinking a gallon of mountain dew the day of the next shareholder meeting so I can properly provide him the reward he so richly deserves.

I agree. I keep saying this but nobody will listen... The most likely reason we are in the dark and being told this is the best deal we can get is.... sheer incompetence.

Thus the market pricing of pennies pre-reverse split.
Thus the "best deal we could get" being this pile of garbage.
Thus the we want our golden parachutes and get the hell out mentality from BOD.

Even if libigel is EVERYTHING we hope it is and more. Something is awfully wrong here. They botched it badly (could be legal, financial, whatever) I suspect we'll learn more after they give our company away and bail on us.

I can't think of any other reason for it to go down this way. If it looks like a duck...

That's a great argument you make... "Time to let go"

Why is it time to let go? What has changed?

If it's just that you're tired of doing what needs to be done then cash out and move on... Don't sell us all down the river because you don't have the nut for the game.

That's an excellent idea for episode 2

Another awesome trading day brought to you by the BOD's new "starve em out" plan. Sorry boys, you picked the wrong people to play chicken with. I'm not going anywhere and I'm going to keep voting NO until you GIVE ME A REASON to do otherwise.

I'm fully prepared for the (likely) possibility that you lied to me and cheated me on your way down this road. Just come clean already...

Can you imagine how embarrassing it must be to be a part of that BOD? I wonder if they lie when they go to parties and and say they work for Antares?

Simes: "No, no, no. You're thinking of Andre Simes. I'm Andrew, I work for uh... Antares. Those Biosante guys sure screwed the pooch though didn't they? (nervous laughter) Ha ha ha... Well, me and the missus better be going."

Mrs Simes: "(pouting) But honey we just go here and they have sausages. You know how I love tasting as many new sausages as possible..."

Simes: "(under breath) Shut up hoe, we gotta get outta here before they realize I'm that giant d-bag everyone is laughing at for among other things completely destroying my name for now and evermore. Now go stuff your purse with some cheese and crackers while I fetch the Bentley. And for gods sake, no sausages!"

Fade to commercial for androgel.

My definition of being completely screwed: When your choice is between getting boned by a group of Wall Street criminals or getting boned by a law firm who specializes in boning Wall Street criminals.

Fair enough - I'll try to be more clear about that in the future.

Now that we understand each other... I think potential revenue over 2-4 years is usually and is reasonably a consideration when a prospective suitor is looking to buy a company. So I go back to my questions in my original post...

Thanks.

Thanks for the reply. Please help me out with it. I thought you were saying here (I have read many of your posts):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86869302

(in response to)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86866796

that Libi was worth at least hundreds of millions per year at least (Pete very clearly states a year and you don't correct him). If that is what you are saying, how is that not at least a billion dollars or perhaps billions over the lifetime of the product - with nothing to compete with it until another massive safety study is conducted?

I understand the difference between approved for treatment and not; I actually using valuations for (unapproved) that I thought you had used or agreed with. I simply multiplied by a few years (like I thought anyone would). What am I missing Dark Knight?

Rest easy my friends, for I, Mace (or Mac as Jeff likes to call me) will now proclaim my thoughts on "Merger Round 2"

I <still> think the far most likely scenario is that we have already been screwed and the merger is nothing more than a get-away car for the theives. The whole think is a house of cards on the verge of collapse. We have been lied to somewhere along the way; I don't know what, when, or how many times - but the evidence is all around us.

For those of you that think I'm just a downer, basher, or outright a-hole (you may have me on that last one)...

Riddle me this Batman: If Libi is worth BILLIONS (as we've all been lead to believe) where are the alternate offers from other companies (like a company someone has heard of before)? Where are the hostile take-overs? Where is ANY interest form Wall St?

Riddle on caped crusader: If another company made a substantially better offer, do you all think these guys would have the guts to sit on it knowing the firm could go the shareholders or the press and force the issue?

The most likely answer is obvious: This is our best offer and there must be a reason for it to which we are not privy.

There's an easy way for them to prove this wrong: Let them show us some counter offers, let them show us the safety data. Let them show us something. But we all know they won't right. Why is that again?

So, the only real decision here is if you want to let them slip off quietly in the night after giving us one last, long, violent Rogering OR do you want to stand up and die like a man. Don't be afraid, after all we've been dead for over a year and just didn't know it.

I would rather have my money, but if I can't get that then I'll take some justice - Macerimmer

Yes I just quoted myself - I'm full of the dickens this evening.

Cheers

Hi Jeff,

Just to be clear: I'm not in any way, shape or form talking to (our about) JTFM. I know that is not what you are saying but I just want to make that clear to anyone reading this.

To be completely fair, if you had said it first like you just did I would probably not have taken issue with it. It's just Nuts has a history here.

Fact is, I find many of Nuts posts interesting and he clearly puts thought and time put into them. However, that does not mean that I don't want to hear from others whether they are "bashing" or not. Additionally, I don't want my motives called into question (any more than anyone else's) just because I'm not burying my head in the sand and dreaming of a bright sunny future if only x, y and z.

The last post I had with Nuts on this, I took issue when he tried to make a case that anyone who routinely points out how badly we've been screwed is a basher because they should be looking to the future (paraphrased, links below). I firmly disagree with this. Pointing out the track record of a company that has sucked tens of thousand of dollars out of many of our pockets is prudent and necessary less we get caught up in the prolific possibilities being presented by Nuts.

If it's only on down days then perhaps that is worth noting, but it may for any number of reason including that person saw another $500 disappear from their investment that day and they are looking to vent (I know I've been guilty of that).

If this company has people/partners policing this board on "down days" and looking to steal some shares we are truly, truly already screwed beyond all recognition. If it's just people venting and the occasional small-time scammer trying to make a buck (which seems more likely to me personally) then we might still have some kind of a slim chance.

To answer your question: Look back at the post history to find the cheerleaders. Inferring possibility (and inferring others are liars) is a good scam if you're smart and subtle enough to pull it off (I am not on at least one of those accounts).

Cheers.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83585830

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83585830

What is it with you and the constant witch hunts? You were doing this same thing right before you got kicked a few months ago. Why are you so worried about negative posts/posters? Anyone who has been posting here knows how to read and can figure out for themselves how much trust to give to a post on a free, anonymous internet message board.

How is it that you posting every day, multiple times a day is any less suspicious?

"Simes has become desperate and chose to practically give our company away in this deal".

I agree, and in addition to that I say: A very important detail is that in their desperation they tried to SELL US DOWN THE RIVER and exit quietly as millionaires with OUR MONEY they did not earn. IMO no shareholder should forget that when considering any present or future matters related to BPAX.

Best deal for shareholders (according to BOD)? If you don't believe that then you MUST believe they have been lying... and if you believe that they are and have been lying to us, then you are finally awake.

Good morning to those who are awake.

Right. They got to greedy and now they are stuck with us. Could have skimmed a bit but they grabbed for the whole pie.

In other words, Old man Simes might have gotten away with it if it hadn't of been for you darn kids.

I'll stick with NO then. This whole thing stinks. I wish I had more money to buy up shares and proxies and pick a real fight. There is something wrong going on here and I'd love to force my way to the table and find out what.

Thanks.

Thank you JTFM

Jeff, JTFM, board

I've read some differing opinions on this and am hoping for clarification.

If you don't want the merger, was it better to vote NO or abstain?

Last I read it seemed as though abstain was the way to go so they can't get a requied number of votes.

Thanks.

Alpha. I think this is a real possibility and a very good point. It may be that the ship has already sunk and we just don't know it yet. That was my opinion most of last year and I still lean toward it at times. Unfortunatly, like others, I developed that opinion after I had lost the majority of my investment. No matter which way I'm leaning, the options I have don't seem to change:

1. Cut and run and take a massive loss.

2. Vote for a merger and realize another massive loss with a new reverse split and hope that some day in the distant future I'll see some kind of a return.

3. Refuse the merger and make them come clean one way or the other (either they are undervaluing an asset they told me was worth billions or they have been misrepreseting it all along).

To me, there is no option but #3. I've already taken a bath. I refuse to let them slink off into the night with more of my money. Either they come clean (one way or the other), or they share the burden of the mess we're in (that they made) and face likely litigation and/or criminal charges.

This is/was in my opinion a robbery.

If they are robbing us now, then fear is the gun and they are hoping to scare us into a very low valuation. What do we have to be scared of? I thought we had a product that improves womens health and sex lives? I thought we had a product that had passed safety review after safety review? I thought we had a product that is already being used by the entire country off-label?

If they've already robbed us, the damage is already done. Why let them get away with it? Lets bring light to this so we can recover what return we can and see if we can put some of these pieces of garbage in jail.

Yes but only one of them is legally and ethically bound to look out for the interests of Biosante shareholders (and appears to have massively failed on both accounts to do so).

My thoughts exactly. I've held on for months in silence as my investment washed away and now I can't shut them up.

JTFM. I remember this being discussed last year. I seem to remember someone from this board contacted the company and they said there was no efficiancy from the Safety trial or it couldn't be used... Anyone remember? Am I imagining this?

Either way, nice work.

I think it's time to start making demands on a timeline. If they give another person their walking papers along with severence that will be spitting in our eyes as far as I'm concerned. No more severence, no more golden parachutes, no more raises. Looks to me like it's stay out of jail time.

Anyone know wha the proxy says about abstain or non-voted shares? I believe I have seen before where that means the board can vote them for you...

I hope getting on the level is still possible at this point. What if they have painted themselves into a corner here?

Good stuff. I love that you (rightly I'm sure) had to tell him to step back and look at it from our position. I'm sure this was a novel/revolutionary idea for him... Put myself in the lowly plebs shoes? How very droll. More champagne waiter!

There you go. I would almost certainly change my vote (to yes) for a fair valuation. It would be icing on the cake to get rid of some of the dead wood from the BPAX BOD in the process.

Still no golden parachutes though...

Catty, last I checked this is not your board. Not all of us feel like "the jury is still out re Simes". Not all of us feel that our money has been respected as it should have been.

You are not the board censor and I think you'll live if you don't only get fluffy posts that support your position.

IMO excellent point here. Don't forget that voting no doesn't necassarily mean "then end". It might, but the folks that want this deal profit from you feeling you have no choice.