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Corp please edit your history of events concerning current pphm mgmt and please repost or PM during happy hour today.
There is no way of knowing SK's intent when he stated mgmt lacks the experience of bringing a drug to the market just like we do not know his intent for the last 5 years when he stated we are in talks. Point is it was not a smart thing to say and I am sure CSM lawyers were happy to hear it along with any BP who might actually be in "active" discussions. Garnick is not a full time employee of pphm he is just a consultant. Imagine the difference in credibility if Garnick was COB instead of Carlton Johnson. Makes you wonder why not.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
On a more factual note, hopefully the factual account of the history of pphm with current mgmt will be edited and newbies will be able to learn from it. What a great day today as we learned that mgmt did not want to even PR the ebola news. Who knows what other good or bad news they are hiding just like when they found out the trial was tainted under their watch. Hopefully mgmt has learned from their mistakes and admitted inexperience. Fact is IBB at all time highs, market near all time highs and pphm is still down over 50% from the reverse split over 5 years ago despite today's move and potential catalyst's from as far back as 2009.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Actually, at the ASM, we were told that the Ebola PR was not their idea but the Journal of Immunology Research asked them to put it out.
So if actually true, mgmt continues to hold back information that others deem worthy of a PR and can increase shareholder value while they are selling ATM shares? I wonder what other stuff they are holding back good and bad. Brings back memories of pulling out of a conference for family personal reasons and then the tainted data PR comes out. Makes you think of mgmt's motives and if they actually know how to run a successful business not just a science project.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Today has to be one of the most disappointing days in PPHM land in recent times. While the IBB hits an all time high and markets soaring once again, pphm can't even make a "move" to the upside although there is still time to close negative. The message is clear that without a partner to verify the science the stock price will not go anywhere. Of course this is no concern to mgmt as they benefit in the short term as they still collect their salaries and bonuses and cheaper options while they try to gain some experience in bringing a drug to the market. On the bright side there is still money to be made when pphm works with their collaborators with their 8am PR's as ATM shares still have to be sold. Who will deliver the famous we are in talks next? Perhaps Zeisball will since he is now going on two years with zero parterships to show for it joining the ranks of Boyd and Worsley. Although hearing from Mary Boyd would be priceless.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS!All imo.
Markets soaring again while IBB nearing its 52 week high. PPHM almost where it was before 8am EBOLA PR. Wall street seems to agree with our CEO that they have minimal experience bringing a drug to the market especially with our highly experienced BOD with a penny stock past. Sometimes you are what you are.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Peregrine has been to, what, twenty conferences this year? Twenty conferences, and look at the share price. At least three of those were partnering specific conferences.
What is even scarier is that throughout all these conferences there has been no significant increase in institutional holdings. It just seems like the more our mgmt speaks, the lower the stock price goes. There is only so many times you can cry partership or post caltalysts from 2009. At some point you have to show your words and actions mean something. Case in point appointing Carlton Johnson as COB and still refusing to add BOD members when we are at least two years away. When there is an endless supply of dilution with no effect on mgmt then there is no rush. We are now almost where we were before the EBOLA PR. Shows you what WS thinks of mgmt.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Great refreshing factual post about what has truly happened in the past. It indeed is incredulous.
Also amazing is the fact that with nothing happening soon, funding will definitely be needed and it is still amazing that Lytle did not sell as much ATM shares in the high $2 dollar range during the 60 million shares traded in March. This would have been better than even selling preferred shares. Makes you wonder to whom he is catering too or is he just simply inept.
PPHM THE COMAPNY THAT CRIES WE ARE IN TALKS! All imo
It does make you shake your head in disbelief that he would make such a comment, however true. That one is right up there with I'll be learning on the job when he took over as CEO.
Evidently he is still learning. I am sure lawyeres for CSM were very happy to hear that. Should also help leverage in our 5 year partnership oh wait I mean "active" discussions that are still going on.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
IBB not too far off from its record high agan. Once again pphm stuck under $1.50. Wall Street must not believe the hype but then again they may agree with our CEO when he said that pphm has little experience bringing a drug to the market. With words like that it is a no wonder why pphm goes down after mgmt speaks. Carlton Johnson, ES and David Pohl if that doesn't promote confidence......
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS. All imo.
If they partner for dirt is that ok ?
If one is truly interested in saving lives as many pretend to be here of course. If not then without knowing the real facts it is hard to make a decision.
However if BAVI is the real deal and even if the deal is a steal for a BP one could always then invest in the BP and make money that way. Of course it probably will be less than with PPHM but then again think about how mcuh dilution and money that has been lost already. If you waited 10 years for PPHM already you would be down over 90%. The only people who are assured of making the same amount of money regardless of dilution is mgmt. As a matter of fact they could possibly make more with every passing year as they collect more options at cheaper prices to go along with their existing options and their salaries and bonuses. Makes you wonder where their priorities may be especially when you take in the resume's of their BOD.
Mgmt would make quite of bit of money if the stock just returned to $3.20 which would be the same price as 5 years ago. They will make even more money 5 years from now if the stock goes to $3.20 with more options every year etc.......
It is also hard to fathom that if BAVI is the real deal and if BP is so greedy that there would not be one BP company that would try to outsnaked all the other BP's would a decent deal.
PPHM THE COMAPNY THAT CRIES WE ARE IN TALKS! All imo.
IMO if pphm was a BP at this point in time ... Bavi would be approved and savings lives already.
I totally agree and that is why each day, and year that goes by without a partner, mgmt has delayed saving lives. Now the question remains why hasn't mgmt partnered? Is it because Bavi is not as good as advertised or is mgmt greedy? It has been way too long. Get it done already. They have already been involved in a botched trial and have already admitted they have little experience in bringing a drug to the market. Talk about putting your foot in the mouth for bargaining positioning.
PPHM THE COMAPNY THAT CRIES WE ARE IN TALKS! All imo.
In other words then it is not too bad when money rules over life which is up to every individual to decide on their own. Everyone has their right to opinionate.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Maybe there is nothing there to mention. They didn't mention it at the ASM last week, and they had every chance in the world to do just that.
Yes instead of telling the world about BAVI for Ebola our CEO told the world that they have little or no experience bringing a drug to the market.
Dozens of collaborations for preclinical are meaningless. If anything was significant it would have to be PR'd.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Is Peregrines "volatility" caused by hedge funds?
No. I would say it has more to do with mgmt's credibility and experience. SK did after all admit the BOD and mgmt has no experience bringing a drug to the market. Throw in releasing PR's at 8am and a BOD all tied together with a penny stock history.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo
Remember SK's words: "..get Bavi into as many hands as possible
Yeah I do remember SK's words. Kind of hard to fathom that he stated publicly that mgmt has little or no experience in bringing a drug to the market. Makes you wonder why in the world they haven't added a BOD member with experience other than the current BOD who have all ties to each other, amd a penny stock history. Makes no CENTS! He also said he hoped to have a commercial product by mid 2012. At least he updated that stretch statement to years.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
i don't know what the demand was for shares back in march
Well there was 60 million shares traded over two days in March so I would say there were ATM shares to be sold to somebody. I guess whoever works with pphm didn't want shares at that price so Lytle didn't sell any. Who works for who? Lytle has shown to not have great timing when it comes to selling ATM shares. I wonder if that is a coincidence?
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
my guess is mgmt raised cash via the atm with the ebola pr. my guess is 3 to 5 mil shares with proceeds ranging from $5 to $8 mil
If that is the case than Lytle cost shareholder about 3 to 5 million dollars for not raising funds in March during the 60 million share surge to $3. we all know now this will take time so they will need addtional funds in the future so the question remains why in March did they not sell huge amounts of ATM shares. Was it because there was no 8am PR in March to setup whoever they are working with? Looks more and more fishy.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
I'd like to know the status of the law suits: particularly CSM
I'm sure the lawyers for CSM were smiling when SK stated publicly they had little experience bringing a drug to the market. Lots of inferences can be made from that statement.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Great Post. You forgot to add that our CEO SK also told the whole world that our mgmt team has very little experience in bringing a drug to a market. Yes I know it is hard to believe that a CEO making huge amounts of money would admit that. You would think with this admission they would at least add members to the BOD that do. Instead we have a BOD all with ties to each other and a shady resume. Makes you still wonder why they will not add members to the BOD. Especially when they are years away.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Just in case anybody missed the answer to the question below. It really is amazing the lack of business sense on the call. The whole investment community needs to know the business side and yet Lytle and Worsley do not speak. All imo.
Why are we doing this alone without a big money partner are we crazy?
It is amazing. SK already said it front of everybody that they have little or no experience bringing a drug to market. You can't make this stuff up. No experience and a penny stock BOD with a shady history tied to each other.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS. All imo.
Why are we doing this alone without a big money partner are we crazy?
It is amazing. SK already said it front of everybody that they have little or no experience bringing a drug to market. You can't make this stuff up. No experience and a penny stock BOD with a shady history tied to each other.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS. All imo.
We will be under $1.50 SOON!
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Commercialization in A FEW YEARS.
LOL! What happened to mid 2012?
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
I would expect after the ASM or soon after that we will drop back below $1.50 as we usually go down after the CEO who cries we are in talks speaks. Would be great if someone asks them who they are catering too by always PR'ing at 8am. It definitely is not the shareholders.
PPHM THE COMPANY WHO CRIES WE ARE IN TALKS. All imo.
Already down 21 cents from HOD...bagholders sold while they could. I agree.
That's what happens with 8am press releases. For some reason IR insists on the 8am press releases. Seems like they are catering to someone. We sure know they are not faxing it over at 5am Pacific Time.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
The higher the PPS at the moment SUNRISE news breaks the higher the PPS leverage will be in raw cash for all those that are already in today.
Well we finally agree on one thing and that is the reason why the argument that dilution and the price of dilution doesn't matter is a silly one.
Didn't someone talk to Chris just two-three weeks ago about bavi and Ebola, and he said their focus is all on the Sunrise trial??...
Looks like history tells us that IR may be taking their cue from SK and their words don't mean anything.
Didn't IR also tell a shareholder that pphm was pulling out of a major conference because of family personal matters? Short time thereafter the PR about the tainted data came out. Credibility still an issue imo as very eerily similiar PR about avian flu was posted that came out years ago. Still looking for the after 10am PR that would burn the shorts. That is of course if that is what mgmt wants. Nevertheless a pleaseant unexpected surprise today.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Expect over $3.00 today.
Would be very surprised if that happened. Usually pphm does not go above the high of the premarket. There is a reason why mgmt insists on 8am news and it probably isn't for the benefit of the shareholder as most shareholders can't trade premarket.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Will shorts start covering or just short more?
Well mgmt gave them over an hour to do what they needed to do with their 8am press release. If mgmt really wanted to hurt them they would have waited to 10am.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS. All imo.
WHY do this premarket?!?!??
I've been saying it for years. IMO it is done in the premarket to give the sharks that mgmt is in bed with time to maneuver and make extra money. Imagine if this was PR's at 10:00 am. It definitely would have a greater effect but then again thank goodness for small favors.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Yep 8am news. Gives time for friends of pphm to maneuver. PR would be much more effective if released after 9:30 but I guess you have to count your blessings.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
This is getting exciting! We might make a huge move to $1.40. Word must be getting out.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.
Is this company doing anything to get Bavi out to fight Ebola?
Right now the only thing we know for sure about this company is that they are in talks and that their mgmt and BOD continue to collect paychecks, bonuses and more cheaper options all the while the company is in a down trend since March 10, 2000 when the stock was $55. Yes it is down over 95% since the down trend, and over 50% since the reverse split over 5 years ago yet we still have this same brilliant mgmt team. They have Mary Boyd who hit the ground running but has not produced a deal in how many years and they now have Mr. Worsley who is approaching one year without producing nothing.
PPHM THE COMPANY WHO CRIES WE ARE IN TALKS. All imo.
8am has come and gone so no Tnewsday today and no need to update the 2009 newbie catalyst list that states a BAVI and Cotara partnership is possible. On the bright side that leaves a couple more days to practice to try to connect all the dots from years old articles that do not mention any word of pphm and try to come up with some way pphm may be involved. This will help after the shareholders meeting when mgmt says nothing significant but then it may be possible to try to find the hidden messages and codes in their remarks or gestures that mean things are looking great.
PPHM THE COMAPNY THAT CRIES WE ARE IN TALKS! All imo.
I was correct about the frontline trial but it was tampered with also so the mos was never disclosed.
So you saying mgmt is two for two in overseeing tampered trials under their watch yet they are capable are running an even more important trial without botching it? Yeah that's the ticket.
There have been a couple of things which SK has said during these past two years with somewhat of a vague timeline:
SK has also stated things in the past that have not come to fruition such as:
Partner for Bavi and Cotara before phase III protocol
Commercial product by mid 2012
PPHM flows with the ebb of the market
SK's words have so far been proven worthless.
PPHM THE COMPANY THAT CRIES WE ARE IN TALK! All imo.
Unlike PPHM'S mgmt perhaps the loaner is satisfy with making an easy 1 million plus for two weeks and not greedy in trying to make more money. Perhaps they didn't want to risk their company and/or their own money unlike pphm's greedy mgmt team who risks shareholders money and not their own and by their actions have slowed down greatly getting treatment to patients who may actually benefit from it.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS. All imo.
8am has come and gone which means another day of no news and no update to the 2009 newbie update list that contained a Bavi and/or Cotara partnership.
How anyone would say why would a business make a loan to bad businessmen is just plain silly! It was a win win for the loaner and as a matter of fact they made out great because of the botched trial that was done under mgmt.'s watch. Unlike mgmt the business(loaner) had a backup plan if pphm's mgmt screwed up! Funny how WS believes there is no credibility, now we have another person claiming mgmt doesn't know what they are doing and that is along with confidential witnesses that say the same. Oh wait, that's right only the CW that states we had a deal is telling the truth.
Lets see Paul Lytle had a chance to sell huge amounts of ATM sales in the high $2 and near $3 range. How many did he sell during the 60 million shares traded? If Lytle did his job the ATM sales would have been better than the the preferred as we wouldn't be paying 10.5% but that probably wouldn't have helped their friends out. Remember that when we find out how many ATM shares he is going to sell under $1.50. He will be costing shareholders in the millions but yet he knows what he doing.
Not looking good this week as the COMPANY WHO CRIES WE ARE IN TALKS will be talking again this week. Last time THE COMPANY WHO CRIES WE ARE IN TALKS spoke the stock is down 20%. That alone tells you what the street thinks about their progress and credibility.
Hopefully more dots to connect this week from 5 year old articles and coded messages hidden in the articles. I sure hope we make that huge move to $1.40 this week. That would be awesome.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS. All imo.
If that's the case, why was his company willing to lend them money?
Because they knew they make money either way! Turns out they made more than a million bucks for a couple of weeks because of the botched trial under mgmt.'s watch.
PPHM THE COMPANY THE CRIES WE ARE IN TALKS! All imo.
but the fact that we go up on Fridays
We did not go up this Friday.
PPHM THE COMPANY THAT CRIES WE ARE IN TALKS! All imo.