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I HOPE YOU ARE AS EXCITED AS WE ARE!!
Yes, that DM quote will go down in Anavex history! Are we leveraging the Partex AI Partnership? It has been 8 months of crickets on that PR. How is the PDD & ALZ data readouts going? How about the undisclosed rare disease?
What a train wreck this has all become.
Missling is also unsure how to mail this 1 million page submission. He is trying to negotiate a reasonable delivery charge, and will consider the Pony Express (ve vill need a lot uv ponies) if USPS or FedEx plays hardball.
Reports are the printers keep jamming when Missling is trying to print out the 1 million pages.
In order to save the company money, Dr. Missling has made the executive decision to only use 500K sheets and print them double-sided. However, this seems to be causing more paper jams.
The filing is no longer very soon, it’s now been revised to soon or “whenever we finish printing it out.”
Yep, this stock is truly a dog with fleas and roundworm.
Missling has been a terrible leader, communicator, and catalyst for shareholder value. The weekend postings are the usual “how much money can we charge” and “how many billions will our company be worth”….blah, blah, blah.
People, our SP is a pathetic and embarrassing $3.78. We have ZERO approvals, lawyers licking their chops to slap a class action lawsuit, and a CEO that sure acts like he is auditioning for an episode of American Greed.
There just seems to be such a disconnect from reality on this board.
Whether the submission is 100K or 1 million, now I understand why it’s important to have print shop experience. That is a lot of paper and toner cartridges.
Since Jin’s arrival, the stock is down 80%. Is Jin to blame, or were the statistics not as convincing once Jim came on and taught Missling how to calculate and interpret them?
My guess is it’s the latter, and not the former explanation.
Two peas in a pod. It’s much easier to blame everything and everyone else, rather than identify where the fault truly lies. Listen to the Noble Conference again—4 minutes in our CEO flubs by stating we have ZERO cash on our BS, rather than stating Zero debt. If he messes this up, what else is he screwing up behind the scenes?
If this conspiracy theory makes you feel better when you go to sleep, then go with it. As other posters have stated, if you truly feel this way then why bother investing in the stock market?
This board loves to weekend fantasize about all the riches that await us….and then Monday at 9:30 sobers them up quickly.
Sub $300M MC now….great job, Missling.
As clueless as Missling seems (and he seems really clueless), even he has to know that shareholders are angry.
Maybe the BOD will do their job and spare him (and us) of his leadership.
EVERYTHING with this company is overdue—especially replacing DM!!
It’s hard for me to fathom how DM has a PhD in ANYTHING.
YIKES!
The SP lows & potential lawsuits were not mentioned in the presentation. He loves to mention how big the unmet market is for ALZ, and spent too much time emphasizing the number estimates changing from 6.7M to 6.9M recently. Okay, so the number changed by 200K. Why did he feel the need to keep emphasizing this? I just cringe when DM speaks or tries to explain anything CLEARLY.
Other than hitting the iceberg, wasn’t your voyage on the Titanic wonderful?
“He looks bored.”
I think it’s more dire than bored—he looks (and sounds) defeated.
I listened to the “great” presentation that DM gave at Noble yesterday. Only a few minutes into the presentation, he had a major flub. He stated that we had zero CASH on the balance sheet, when I believe he meant to say zero DEBT. This is just a small, but CRITICAL, example of how careless this man is. How tiresome is his name dropping of the MJFF funding, precision medicine misnomer, firehouse/firetruck analogy, and how “excited” or “exciting” everything is. Too many “uhhs” and “duhhs.”
BTW, I believe his “surprise the market” news last August was this brain volume data. Clearly, the market was neither surprised nor excited.
Missling’s public speaking skills are HORRIBLE. Maybe he should have added Public Speaking 101 to his Chemistry coursework at Kellogg’s Corn Flakes University.
It also seems like Missling’s words are as meaningless as mine—and that you do need to be concerned about.
Slowing things down, delaying trial starts and data readouts…. this is Missling’s MO to keep his paycheck.
BOD has really dropped the ball here. This POS CEO should have been gone on Jan 2nd.
I’m sure it was great by your standards.
Who knows with Missling, but based upon the posts from the conspiracy theorists on this board, we have several posters that should enroll in this trial.
The CNS world eagerly awaits DM’s presentation to Noble Capital, where he is likely to reveal:
1) How big the CNS market is worldwide
2) How excited he was/is about the future
3) How thankful he is to MJFF for granting us $900K nearly 5 years ago, but have since moved on
4). How much money we have left on the bank to try and find a disease that our drug treats. So much for that Ariana research years ago—it looks like we’re throwing darts in the dark.
5). A peer reviewed ALZ paper in a prestigious medical journal—-16 months and counting
6). PDD Full trial results coming upon 3 years without being released
7). A3-71 for schizophrenia started & EMA LOI-will any of these ever result in an approval?
My money says with Missling in charge, we are heading straight into the iceberg (to quote one of his earlier, worn out proclamations).
With Anavex, the future never arrives. One trial fades into ovlivion, to be followed by the next Phase 2 trial that will take 1 year to enroll, 1 year to conduct, and 3+ years (if ever) to report on.
All the while the CEO gets paid for this charade.
It is upsetting because it (SP appreciation) never seems to happen—despite all of the rose colored predictions being made.
It really is unbelievable.
We are only down 2 % TODAY—try 60% down for the past 12 months.
I wish that I could be as delusional as some of you on this board are. Reality has a funny habit of getting in the way.
YAY team, we might be losing 10-0, but we only gave up 2 goals in the 3rd period!
Keep up the cheerleading Tred, Talon, George, XENA, Falconeer, Bas….apologies if I left any of the major WGT posters out.
Losing money seems to fit you and all the WGTers.
Your arrogance matches that of our CEO. At least you have XENA & George to massage your ego.
Consider yourself a master of your own creation.
It’s always easier to blame the boogeyman or the referee than to look in the mirror.
Keep telling yourself that those are the reasons.
You both need to get new rolls of aluminum foil.
Stop making excuses for our company’s poor leadership.
PDD results are nearly 3 years overdue….see a pattern?
“We have a drug looking for a disease.”
So very true!!
“Anavex is a world class CNS firm”
If this were true, its MC would not be only $350M—and falling.
George:
If you truly believe that the Excellence trial was not successful (I refrained from using failure), then why does idiot Missling think another Rett trial is necessary?
The true failure of this company is the CEO—what a disaster he has revealed himself to be.
Yessir, we’ve got a winner here!
Someone please explain to me (and the board) why Missling is still our CEO? Considering we have a cash balance of $150M, the market is valuing our drug platform at a pitiful $200M.
He is a terrible leader, communicator, and creator of shareholder value. Why the BOD hasn’t figured this out speaks volumes as to how useless they are as well.
This is a company on life support.
Probably never
I totally agree with your critique of his presentation. There is just way too much information to digest in 35 minutes. He really needs to streamline it into the salient points that tell the story of the company's novel approach. Forget the buzzwords (precision medicine being the major misnomer).
Isn’t it sad/revealing that our CEO does not seem to understand these basic principles of communicating a clear and concise message?
No wonder we are where we are regarding our SP—what a s$&t show this has become. Thanks, Christopher!
Stop making logical arguments! It defeats the David vs Goliath, us against the cruel, vindictive, fraudulent financial world.
It seems the WGT crowd would rather have a pity party, playing the “we are victims” card versus confronting reality.
You’ve got the nutty part!
ADD is an an acronym for Alzheimer’s Disease Dementia, but with Anavex, it also means Another Down Day.
Great job, Missling & BOD! Keep those well-deserved options grants coming!
Yes, thanking the MJFF for the $1M given several years ago is getting a bit worn out at this point. MJFF has all but moved on from this as a treatment option for PDD, since our bonehead CEO has yet to release the full data nearly 3 years later.
AF may be a hatchet man, but Missling has done us shareholders no favors by being so obtuse and shady.