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Good cc but nothing earth shattering. Wish they would have raised estimates and given a more concrete timeline of the Myford build out.
Richard sounded like he was under the weather. At least I hope that was it.
Thanks for keeping it real!
I agree. Seems pretty straight forward.
I liked it better when we came back to reality and were a CDMO company and the stock price rose steadily. Now that we have a fantasy world depicted once again, the PPS is going the wrong direction.
The return of circular logic and Bavi conspiracy theories doesn’t turn your crank?
We were chugging along quite well as a CDMO despite having the headwinds left by the former BOD. Now, do we get to hear their praises again?
Add to that list “non-dilutive Preferred shares”. I am sure we could list dozens more.
The one unethical Director of the new BOD “resigned.” Quite possible the full BOD are now completely aligned with shareholders best interests.
$2M+ annually was an anchor to the success of the company. The ROI of the former BOD was negative despite the attempted promotion on social media platforms like this one.
This essentially says the company is still at square one. They have no clinical trials and are years (and millions of dollars) away from commercialization.
Sadly, the dermatology and ophthalmology studies have been rendered useless and shelved. The “highly anticipated” commercial skin lightener must have failed also. Shelved as well.
Geert took his retirement parachute and walked away. Looks like a scam the way things were “right around the corner” a year ago.
No kidding, right?
McComb was the one who purchased shares near the bottom then sold in the run up to $9. More than doubled his investment in less than a year. Very suspect.
Those investigations have nothing to do with Avid/Peregrine. Just conspiracy theories trying to link them.
Now, any investigation of Swartz, Johnson, King and Pohl would be more worthwhile for the FBI.
FBI conspiracy is being tossed out again.
AbbVie wanted bavituximab when the initial PII numbers looked good. Before disaster struck and errors were found.
Thanks Jo Jo. Probably Merck.
At least this team announces contracts - even though they are likely obligated to withhold the name of the customer. Maybe they increase the outlook in another PR when the next contract is established.
6.16 appears to be the resistance point. How strong is the key. Prefer to glide through it as confidence in company strategy continues to grow.
Even better, if the company is being “acquired on the cheap” the asking price just went up a bit today.
Not often do we finish the day on an upswing after having news or cc the previous day. I was thinking we would have to struggle to stay above $5.
May this finally be the change us shareholders have always needed.
Maybe McComb bought back in too. But maybe this time a long term trade?
Can’t get too excited. Recall how it went upwards of $8 in AH before, only to fall back under $4 eventually.
I’ll take a good day tomorrow.
Yes, what was up with Tracy? Are her days numbered?
Steve asked some good questions at the end. I think it was Dan who responded- much better than Lytle.
The low margins are what is having the adverse impact. If they can continue to increase margins then it could go wildly positive.
Were King and Co giving the services away??? Again, not his money so why would he have cared? So glad to be rid of him.
Maybe once we’ll get a management team who actually accomplishes what they say.
Heard all the “comes to fruition” and “profitable in 6 months” BS too many times.
Nothing spectacular, but any concerns due to Lias’ departure being a sign of bad news can now be quelled.
Lucy?
PHIO following the oncology research company template. Does nothing to the stock price. Market is tired of the same old same old.
Is the big Bavi propaganda push lately because of the employee stock plan? CJ and SK trying to salvage what it can? Greedy pigs...
Welcome to corporate America! Where executives cut costs to gain excessive bonuses. How many cafeteria downgrades do you see at a company and then the CEO gets a raise afterwards.
Yes, sweet deal. Work a year at an overpaid salary, get paid for two. Maybe “work” is not the right term.
Doesn’t surprise me knowing he was a remnant of the corrupt BOD before.
Now why would Robert Garrick do that? Especially after he spent almost an entire earnings conference call educating shareholders about the FDA process.
Good sign? Maybe once we get some volume we can challenge $5 again.
You had to mention it...
Just a matter of time that the investment world realized Roger Lias was not needed. In fact, one less pawn from the old thievery regime.
That sounds like a claim of internal sabotage.
It really is looking as though the loss of Lias is actually a gain. Stock price should recover in my opinion.
Maybe about as accurate as Sierra was in her heyday!
Why would Tracy make the public comments about what is anticipated about the now past end of fiscal year?
Did she know the ultimatum given to Lias?
Remember that Roger was brought in by the thieves formerly in charge of this company. Roger leaving may be the result of added pressure by Ronin’s gang to complete a full takeover. Was he forced out because of the requirement to reside in SoCal? Who knows.
His performance was dismal.
Yeah, like some Joel McComb insider buying. That would be THE true indicator.