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The Great Pumpkin,
A good hooker makes that much in an hour. Sad!
Nobody pays hookers to be good. They are paid to be bad.
Best, Terry
BuzlightwaveII,
Put me on the dumb list
Fit yourself with a dunce cap if you think it looks swell on you. I will let others trade insults.
Commercial success and scientific advancement are far from identical. Most here probably think Tesla, an undoubted scientific genius, was the man behind Thomas Edison's brilliant success as do many but Tesla went bankrupt with his own endeavors while Edison was a huge success and rightfully so in my view despite huge learning impediments in my opinion.
DaVinci invented the helicopter millenia before it flew. You think he was dumb too?
Best, Terry
Eloxx Pharmaceuticals' (ELOX) CEO Robert Ward on Q2 2018 Results - Earnings Call Transcript
https://tinyurl.com/y7zfzfmc
Treatment of cystic fibrosis has already advanced far more than I knew but is still far from the cure that ELOX is aiming for.
Indications - Eloxx Pharma
www.eloxxpharma.com/indications/
Cystic Fibrosis (CF) is a chronic disease affecting the lungs and digestive system...
But the FDA's early OK for trials of cystinosis was for a disease that I had only recently heard mention of involving the kidneys and urinary tract.
Seems the basic underlying cause of both diseases is much the same but with very different consequences.
I plead for anyone with some depth of knowledge of the diseases to correct any misinformation I am posting.
Best, Terry
From a conference call by ELOX, an OPK "investment:"
As you know, orphan disease research and therapies have expanded significantly, and the category is expected to achieve over 20% of worldwide branded pharmaceutical sales by the end of the decade. This mean orphan drug growth should exceed 10% over the next five years, year over year, and continue to substantially outpace the overall pharma category growth rate. The respiratory subcategory will continue to be a major growth factor in rare diseases as well. The orphan category is attractive for companies like Eloxx because of the high unmet needs, strong networks of engaged researchers and advocates, and modest commercialization and launch requirements.
I’d like to briefly mention a few points about the cystic fibrosis category. First, cystic fibrosis continues to be one of the most common of the rare diseases, affecting over 70,000 people globally. As you know, recent advances with disease-modifying therapies in the form of potentiators and potentiator/corrector combinations are transforming cystic fibrosis treatment and patient expectations. Of the pre-approved DMTs, you can see that on Slide 6 the uptake of these therapies occurs more rapidly as physicians become more experienced with mutation-based labeling and patient genetic screening becomes more common.
It’s encouraging that since the advent of DMTs, cystic fibrosis patients are now living longer with over half of patients today living over – being over 18years of age.
That "18 years of age" I think was maybe the approximate maximum expected age of survival of children with cystic fibrosis. The DMT's [disease modifying therapies] that I knew nothing about have already had a significant impact that may correlate well with Sarepta's treatment of one variety of muscular dystrophy.
If you consider ELOX is assuming the herculean task of curing, not just treating, all nonsense diseases....
Perchance I have already gone way overboard in discussing often an extremely speculative investment of OPK's but you might consider this is intimately intertwined with Frost's primary thrust into genomics that is seldom mentioned by analyst's supposedly in the know.
Best, Terry
Aratana Therapeutics (PETX)
Engaged Capital bought 842,312 shares of the pet therapeutics company from July 31 through August 7 at prices ranging from $4.22 to $4.98 per share, increasing its stake to 3,242,312 shares or 6.8% of the outstanding stock.
Engaged had entered into a cooperation agreement with the issuer in May, with the company agreeing to appoint two designees of Engaged to its board and establish an ad hoc strategic review committee.
from Dow Jones as reported by broker 8/10/18
I am less than enthusiastic about the fact. There was futile resistance by PETX.
My own worthless opinion is that while the news may attract more new buyers the relationship is not likely salubrious longer term.
Best, Terry
You and I are really a lot smarter than most and don't need proof. LOL
Vein,
You couldn't have read proof I am dumber than whale blubber for needing a crazy old lady who has faced imminent death more often than X's wife has put her hands on her hips to prove the dinosaurs and most life on earth weren't all killed by a giant rock from outer space colliding with earth.
I have no idea how many others are that dumb so I prefer to talk about other things people think they know.
Best, Terry
Vein,
As you and most anyone else who has read anything I have written probably knows, I have a laser focus on the advanced value of LWLG's polymers which only demonstrate their ultimate value without the bandaids from others.
Why don't the dinosaurs, from IBM to Intel, know this?
They do, of course, but they have to live from quarter to quarter unless they are Apple, which seems on a level by itself.
So why is the price of LWLG in the dumps?
Well the analysts live from day to day like barnacles grabbing a bit of whatever floats by on strong currents. Amusing, and tragic, is America's own Dead Sea - the Salton Sea - that has gone from a magical resort area built with waste water and sewage to a stinking wasteland in less than a generation - probably the only place in the world where barnacles are found on sagebrush to tell the story.
https://tinyurl.com/ontgy6b
Truth be told, the area still has enormous value as a place that could easily supply all the electricity California could use and far more but California, still the greatest generator of geothermal power in the world, is far more interested in the rich man's folly of sometime power. Even places like Papua New Guinea and Ethiopia are pouring their pennies into the cheapest, greenest, most plentiful power source on earth far surpassing all others...
Aww, I have been on this soapbox far too long.
What does it take to get the job done?
- People like Micheal Lebby, a throwback to the great American geothermal pioneer, B. C. McCabe. B. C. made America the world's greatest geothermal power producer while Iceland was still the "Poor Man of Europe." Then B. C.'s first born was stolen by Union Oil and that was that.
I hope for much better luck for Lebby.
JMO.
Best, Terry
Scientist Explodes Cockamamie Scientific "Truth"
You know, the one about a giant asteroid impact killing the dinosaurs along with most life on earth.
If you have been so cut off from life that you didn't know there were women geologists, like the one that found the truth about the last great extinction, I might have been the same as you, thinking lady geologist was an oxymoron until my sister became one.
Does it help you to know the outlaw Princeton professor, like the earlier Albert Einstein before her, also made world-changing discoveries that may explain the origin of the worldwide indium deposits that has led LWLG up a blind alley?
I expect very few, if any, to read a lengthy story of scientific discovery and wild vituperation that, like Max Planck first observed, will only end with the death of the old guard.
The lady is not much of a lady actually:
The scene got Keller thinking about mass extinctions still to come and the geologists of the future (“They’ll probably be cockroaches”)
Cockroaches, of course, are notably tolerant of irradiation and intolerant only of clean kitchens.
Real change is accomplished only by rebels like a fellow who refused to take a prestigious job at LWLG but told a failing captain he would be glad to raise a sinking ship and set a new course before all was lost.
You don't have to scream insults like other scientists changing their world but you do have to make changes.
A likely scientific truth IMO that surprised this old believer in foolishness:
https://tinyurl.com/y8rheo5c
Best, Terry
I’m really not sure what this last news is about...Confidential Treatment Order (ct Order)??
You are not supposed to know.
The company requests the SEC to permit filing without revealing certain confidential information that would allow competitor's to destroy its advantages. If the SEC approves, you get only this note.
Best, Terry
Two types of Companies exist on the planet today, those that know they have been hacked and those that don't.
How many safecrackers have you known?
In Vietnam I worked with some old counterintelligence hands left over from WWII. The best of the safecracker variety would often have a basket of security cabinet locks on his desk in the morning in a wicker basket that had been locked with changed combinations that had been lost.
Our hero would complain loudly it wasn't his job to open the locks and proceed to spring them all in a few minutes while shoveling bull about good old war days. [The casualties weren't counted those days in Vietnam as today in many places around the world.]
Later he tested security of the messenger center with huge doors like bank vaults and hidden lights triggering alarms. [Lasers hadn't yet been invented.] Walked through both doors in about 10 minutes but later remarked he nearly tripped one ingenious alarm.
Hackers are plentiful anywhere there are computers but we mostly suppress ours while even North Korea apparently has an army of hackers among its starving slaves.
Thieves are always better at stealing than guards are at protecting but we got fat and lazy and hardly even try these days.
JMO.
Best, Terry
Google Struggles to Contain Employee Uproar Over China Censorship Plans
Google bosses were scrambling to contain leaks and internal anger on Wednesday after the company’s confidential plan to launch a censored version of its search engine in China was revealed by The Intercept...Google previously launched a censored search engine in China in 2006, but pulled the service out of the country in 2010, citing Chinese government efforts to limit free speech, block websites, and hack Google’s computer systems. The planned relaunch would represent a stunning reversal of that decision.
https://tinyurl.com/y82xux38
I couldn't be happier to see those corrupt monopolists land in a war zone but true high technology companies like LWLG can be completely barred from the world's largest market unless they are willing to hand over all their technology to China. The insane trade wars generally neglect that one exception that is biting a Google that could profit from lots of bites.
JMO.
Best, Terry
I’m sure Dr Liu’s top contacts are being updated on LWLG’s products
Love that that "master of the obvious" statement but the far less clear "breakout year" is very hopeful from a far more knowledgeable source.
Best, Terry
There is invisible group of people has been grabbing those LPC shares daily...Maybe they know somethings I don't know
Maybe they don't.
A hoary Wall Street maxim:
"Those who buy don't read; those who read don't buy."
I have been following an Israeli biotech loosely because it fell in my lap from a previous disaster. There was a huge gold rush by moneybags on the biotech that lately has fallen maybe 40% from very high levels even as it showed remarkable clinical progress and established a 2nd headquarters near Boston.
I have deliberately omitted naming a hugely speculative stock with hopes of curing - not treating, curing - some 72 variations of muscular dystrophy along with all other nonsense [from antisense lingo] diseases by correcting the incomplete manufacturing of proteins by cells.
So have the smart money crowd or crooked promoters or both taken their money and run - or something else?
Both are possible, of course, but I bet on the latter as the one big buyer I know of is the ultimate buy and holder who seems to exceed even Warren Buffett in that regard. Is he flawless? Hell no. This is biotech I am talking about.
There is a corollary with LWLG, in my view, though LWLG operates in a far less risky arena with vastly less government interference.
That is why I bought LWLG while watching the other and laugh at LWLG's ridiculously low price in my opinion since it got competent management.
JMO always.
Best, Terry
Ovshinsky went to my high school
Wish I had listened to his "outrageous" claims.
Too soon old, too late smart.
Best, Terry
TH,
once LWLG has modulators on P2IC platform photonics computers could start developing from there.
First you have to have a chicken before you start counting her eggs.
The capabilities of today's ground penetrating sensors are far beyond what I once worked with but even way back when the sensing technology displayed was - unimpressive.
For example, we were able with our now primitive technology to trace the Oregon Trail from St. Louis to the Pacific Coast through old tracks in corn and wheat fields packed down by the wheels of covered wagons though the fields might have been plowed continuously for over a century. Don't ask me how that could be. I just know what I saw.
While side-looking radar once gave fine photographic-like viewing, today's ground-penetrating sensors are sensing minerals and fossil fuels, ancient ruins from unknown civilizations underground or under water, etc.
What is this wonder engineer Lebby ought to hire based on Lumentum's seeming yawner?
JMO. For sure, TH, I may have missed a ton of exciting new information while dozing off.
Best, Terry
They just need prodding from the message board to initiate fake news
Fake news is a loaded term you might want to discard. There is a family who had a very young child murdered by a lunatic shooter at the Sandy Hook school. The family has been so hounded by posters claiming they are lying that they have moved more than once a month during a period of something less than a year. The family has initiated a lawsuit against the most notorious perp.
That is the most chilling of uses of that term I have read. I hope the family gets a huge settlement but it will hardly soothe the additional pain they have suffered. There is no help really.
Beyond that, I sympathize with continuous calls to feed us news from shareholders. No one is asking for lies but truly sensational developments and direction must usually be kept under wraps. Bad enough dealing with spies.
JMO
Best, Terry
Proto,
perhaps LWLG will snag one of Lumentum's Laser Diode Design Engineers for their open position
Care to explain why you wildly cheer The Admiral for dumping far more sophisticated sensing technology with a photonics computer and now want to rebuild inferior?
Don't s'pose.
Best, Terry
INSYS Therapeutics Appoints Elizabeth Bohlen to Board of Directors
-
Ms. Bohlen is the chief operating officer of the Archdiocese of Chicago, where she oversees the organization's administrative functions. She joined the Archdiocese in 2011 after 16 years at McKinsey & Co., where, as a partner, she provided strategic counsel to multinational companies across the retail, consumer and healthcare industries...
https://tinyurl.com/y7m7al35
Best, Terry
Anyone have an idea why this time it might be different?
Ain't you never heard of Einstein and the time-space warp?
Times change and so does market mythology. It appears we may be back to another time of one-decision stocks with even Warren Buffett plunging on the trillion dollar stock. Did all Warren's cash cows get bought up?
For myself, I watched - just watched - the unschooled physicist Stanford Ovshinsky make himself and his happy stockholders rich with true science that wasn't in the books until he put it there. The decades flew by before Stanford made a dime of profit aside from sale of stock.
Today people want earnings now and the future can go hang.
West's companies starting with GERN are all very different with OCX almost conventional looking to sell hypermodern chemistry in the future. I expect BTX to be first to really change the world with OpRegan. AgeX is so far out it is still very scary to me but I have been truly surprised by Juvenescense.
I expected the BIG J to be like a certain "activist" fund with downy-faced MBA's giving bad advice to management of a biotech that tried to fight off the fund with its own lawyers.
A very bright prospect took on a lot of shade for me with such help.
Times will change again. They always do. For better or worse I have no knowledge or lean.
Best, Terry
biofalcon,
The adjustment for changes in accounting do not really belong in comparative earnings.
The appropriate - but messy way of making such changes - is a restatement of earnings.
So why didn't OPK restate earnings?
That has its own evils and is a kind of last resort. I don't know what is required by circumstances and accuse no one of any bad intent in this instance.
Best, Terry
Connyank,
Assuming you rounded $25.4M to $26M...
Actually I think OPK did the faulty rounding elsewhere but I admit to the grievous error pointed out in searching for the discrepancy.
I wrestled for a second or two with the debit vs. credit of accounting trying to figure how smaller revenue produced smaller loss but write-offs are not revenue and...
I think this all goes to support my proposition that accounting is basically nonsensical. Using dollars [or pesos or tikles or...] as a measure is ludicrous since only Yap money is completely stable.
https://tinyurl.com/y8r8xec6
Whatever, I believe in betting on a longtime huge winner like Frost when possible.
Best, Terry
Frost has done his {part} in constant, seemingly perpetual buying stock to instill/maintain faith in the longs.
Seppi,
I am sorry about your losses but I reckon you are hardly alone.
I object to the proposition Frost buys OPK shares to encourage others to buy while noting the very rare buying on the open market by a CEO rather than just issuing himself options or shares.
Frost has always invested heavily in his own stocks and sometimes shares investments with his family fund. Me and Frost alone [I have no knowledge of what stocks his family fund owns] own shares of a subpenny stock that was suing Google for infringement of a basic patent that was part of Google's foundation.
As you probably guessed, my "investment" is nominal even for me. It is little more than sentimental. It is based on my former profession from which I have been long retired. There was involvement with crucial geographic placement technology.
For Frost and other moneybags who bought stock just shy of the 10% ownership that would require annual filing I suspect it was a protest against the continuing erosion of patent law written into The Constitution with little or no enforcement against the rich and powerful but rigid enforcement against small fry.
Good luck whatever you decide to do.
Best, Terry
INSYS Therapeutics Reaches Agreement in Principle to Settle Department of Justice Investigation
Bad government actions in the midst of a badly misdirected crusade don't just go away:
Consistent with previous public statements and disclosures, the terms of this agreement in principle call for INSYS to pay $150 million over five years, with the potential for contingency-based payments associated with certain events that, if they were to occur, management estimates would require additional payments ranging from $0 to $75 million. INSYS also expects that a final settlement would include other material non-financial terms and conditions which will also be subject to negotiation.
“This is a very important step for our company to move forward and continue our transformative efforts to foster a compliant and ethical culture and to execute against our well-differentiated product pipeline, which we believe can bring value to patients globally,” said Saeed Motahari, president and chief executive officer of INSYS Therapeutics.
The ogre will never mend its ways but attention has been diverted to guilty targets [e.g., those supplying the deadly pills instead of those delivering pain relief to unbearable pain].
There is no intention here of advocating for anarchy, which is generally regarded as even worse than the most savage tyranny. One must deal with conditions as they exist.
A few miles from us the Battle of Bloody Creek was the very first victory of America's Revolutionary War. It was a very costly ambush with a death toll seldom exceeded in any subsequent battle to this day. General Herkimer organizing return fire from the colonial volunteers had been grieviously wounded and subsequently died from gangrene. Those days only the like of demon rum was available to modify the terrible pain and most still died anyway from the pain and/or progress of infection.
There will always be those who would profit from the suffering of others by whatever means. Cannabis as well as cocaine were widely available those days. I think opium arrived later in abundance but, in any case, without the power of stronger concoctions to greatly relieve the terrible breakthrough pain of cancer or amputation or other fierce pain.
I assure, one and all, General Herkimer would not have been helped greatly in his dire straits by being offered a joint or opium pipe or a bit of blow so he could enjoy his huge victory and a bit of its aftermath.
I expect we will be hearing much less from the vultures (and the badly misinformed) in the future.
Best, Terry
Artificial Intelligence (AI) is changing everything
Yeah, and the Man in the Moon talks to all these intelligent computers.
In the past they have talked about the strange ability of crystals to repair themselves, of the ability of brainless plants to defend themselves and other natural phenomena leading to computer thinking but it is still farce,
- But experts say it's so and developing faster than all get out.
Any expert who tells you computers can truly think should be wearing a clown suit.
Various decision-making processes can be programmed into computers and mathematical equations as well as centuries-old chess problems solved by computers with increasing speed and more advanced programming techniques but computers still don't have the brains of a honeybee.
Funny thing about those bees. Scouting bees inform worker bees where distant honey plants can be exploited with a dance interpreted to be astral navigation insruction. Even humans can't do that.
The most powerful computers today are completely unable to solve the lengthy combinations including a quiet move of lunatic World Chess Champion Alekhine and don't even know where to start on the mysterious combinations of Tal.
Please consider trying to be real even if others aren't.
“artificial intelligence” is an oxymoron.
https://www.quora.com/Is-it-correct-to-state-there-is-no-such-thing-as-artificial-intelligence
Best, Terry
I agree so {far}.. I think.. lol ??
Let me try to make it easy.
There is a company still forming with the mission of curing aging. It is not science fiction, it is not foolish hogwash but it is mind-numbing and obviously a long, long climb up an unlikely mountain. It is spun off from another company curing blindness in clinical trials in progress.
The immediate reaction of most anyone besides small children has to be disbelief but it already has a large investment from a private fund.
So what's going on?
Invention is what.
I was tickled by a true story years ago of an anthropologist marrying a woman belonging to an Amazon Indian tribe. He brought her to America and they had two daughters. While the daughters were in elementary school, the mother could take suburban living no longer. She returned to her jungle, found a new mate who beat her, put up with the unbearable heat, the biting insects... well you know. Anything was better than isolation in an American suburb.
Reporters got to talk to the woman and ask her questions such as whether she had tried to tell anyone in her tribe about department stores or thruways or movie theaters...
Of course the tribe would have thought she was mad.
I watched the moon landing on television with a couple that had paid to ride in the Wright brothers' aeroplane at a county fair. I tried to see some reaction beyond the ordinary of those who had dared ride in the newfangled aeroplane earlier.
There was nothing. The old couple whose house next door is now a museum went with the flow.
The world changes and few notice.
Think they will notice when ELOX cures the nonsense diseases. They will for a bit and then it will be over if it happens.
There's a blindness in all of us that is beyond cure.
Best, Terry
Obviously there is good earnings news with a spike in price after hours but some small details are interesting.
From the earnings report:
-- Revenue and net loss for the three months ended June 30, 2017 benefited from a non-recurring $10 million milestone payment for VARUBI while net loss for the three months ended June 30, 2018 benefited from the reduction of contingent consideration expense of $15.4 million attributable to changes in assumptions regarding the timing of milestone payments.
This added $26M earnings resulting from a one-time payment and, worse, a bookkeeping adjustment more than wipes out the reported comparative reduced quarterly loss.
For sure the $10M payment is real money and there is no accusation of hanky-panty involved in the bookkeeping adjustment that may make the accounting more accurate.
No complaints. Just noting.
-- RAYALDEE total prescriptions reported by IMS for Q2 2018 increased 467% compared with Q2 2017...
-- 4Kscore utilization in Q2 2018 increased 10% compared with Q2 2017...
467% is somewhat better than 10%.
Whatever the future holds, the previous long-running analytical comments comparing Rayaldee and 4Kscore and making them an index for the future of the company were obviously nonsensical.
As the world turns and the stomach churns...
Profits and earnings may yet be a way off but what matters really are Frost and crew battering down the doors of hokey medical claims - best illustrated by medical advice to very sick people to down a couple vitamin pills rather than get injections of Rayaldee.
Wish 4Kscore had an easier go but it's never easy fighting powerful corrupt interests.
Cheers to all by the way! We are getting there. Real biggies are still off-stage.
Best, Terry
my interest lies in the POETF Interposer technology
Splendid.
We are antique dealers and our primary source of revenue these days is antique tools.
But I prefer to concentrate on the future with next generation technology that LWLG is building.
Does LWLG need crutches provided by POET?
- Perhaps.
I don't care. That is not where LWLG should be going in the long run.
"In the long run we are all dead" decreed John Maynard Keynes. He was not prescribing obsolescence but that appropriate measures be taken when necessary.
Fine. Do what is necessary, guys. That changes nothing. POET is pursuing technology that is doomed to fade into the past unless LWLG's polymers are duds.
Best, Terry
an especially unlikely situation for a developmental biotech.
Some years ago a comical bidding war developed between two cash-starved biotechs for a third with lots of cash but busted research.
My guys lost out and eventually became a zombie through a shareholder revolt led by a Harvard MBA accepting an offer of a driller to take over the CEO slot occupied by a medical doctor/math Ph.D. without pay.
The engineer was, of course, overpaid at zero compensation.
The stock is, or was, HDVY with very valuable technology then but now in the dustbin of history.
I love your figures, Bobby, but I love curing the blind even more.
Best, Terry
POET Platforms
InP Platform for Datacom and Sensing
Today, the Company is actively engaged in the development of solutions based on a novel “hybrid” integration approach, which combines Indium Phosphide (InP)-based photonics chips and dielectric waveguide devices on a silicon base into a single package.
GaAs Platform for short-reach Datacom
Historically, the Company’s primary focus had been on the monolithic integration, based on a proprietary gallium arsenide-based (GaAs) platform. POET has developed a design for a single, monolithic semiconductor chip (“photonic engine” technology) that has all of the elements needed to communicate data at the speed of light, yet with the lower cost profile of copper.
https://poet-technologies.com/poet-platform.html
Is POET lying about itself ya think, Proto? Exaggerating a smidgen for sure but outright lying?
Can you now let go of the nonsensical recriminations?
Best, Terry
I don't think the Platform inhibits the LWLG modulator
I never wrote, thought, intimated, hinted, claimed, stated any platform was inimical to the new technology. LWLG's polymers are clearly a leap forward while being readily adaptable to older technology. Where does Lebby disagree with that?
It really helps to read the words rather than read between the lines as you constantly do.
I have no idea what the Platform is that you mention. With R&D platforms are constantly evolving. I bet if you took the time and have the ability to question a live prospective customer, as I would guess LWLG has been doing with many and varied prospects, you would find any of them are worried greatly about purchasing equipment that could be quickly outdated.
How do companies with fast evolving technologies deal with that problem?
Obviously the best way is to hire someone like Dr. Liu seems to be rather than people who are only good at selling themselves.
I would be happy to listen to your tapes if my hearing and laptop and background were clearly up to it but they are not.
Otherwise I will be happy to discuss anything except how mean and nasty I am and how short I am. Especially short because people shrink in old age.
I have remarked often on how insightful you often are but it does not improve with spite and false accusations.
If you find Lebby has ever said LWLG cannot do what POETF is doing and do it better, send it to me and I will find someone to transcribe it if necessary.
Best, Terry
I don't think the Platform inhibits the LWLG modulator
I never wrote, thought, intimated, hinted, claimed, stated any platform was inimical to the new technology. LWLG's polymers are clearly a leap forward while being readily adaptable to older technology. Where does Lebby disagree with that?
It really helps to read the words rather than read between the lines as you constantly do.
I have no idea what the Platform is that you mention. With R&D platforms are constantly evolving. I bet if you took the time and have the ability to question a live prospective customer, as I would guess LWLG has been doing with many and varied prospects, you would find any of them are worried greatly about purchasing equipment that could be quickly outdated.
How do companies with fast evolving technologies deal with that problem?
Obviously the best way is to hire someone like Dr. Liu seems to be rather than people who are only good at selling themselves.
I would be happy to listen to your tapes if my hearing and laptop and background were clearly up to it but they are not.
Otherwise I will be happy to discuss anything except how mean and nasty I am and how short I am. Especially short because people shrink in old age.
I have remarked often on how insightful you often are but it does not improve with spite and false accusations.
If you find Lebby has ever said LWLG cannot do what POETF is doing and do it better, send it to me and I will find someone to transcribe it if necessary.
Best, Terry
But this was TH's question:
am I right the Laser Diode Design Engineer LWLG is looking for is already there in Poet?
For sure the engineer may be looking for a new challenge and it's even possible, I guess, there could be a merger of two very different technologies. It would be like a merger of hay wagons and racing cars.
JMO.
Best, Terry
Cincinnatus,
Thank you. I will look into this Mellon a bit when I get around to it. Very stupid of me to judge anyone by their last name.
what is {West's} company?
AgeX.
I have met both West and Mohanty when they were co-CEO's of BTX and have seen their interaction up close.
It would be foolish of me to claim anything much from a one-time meeting and extensive reading about West but I believe West will be where he most wants to be as head of AgeX and will not be easily pushed aside.
Mohanty too is clearly his own man and it might be notable that West probably had misgivings about the subsequent mismanagement of Geron, that West also founded and profited mightily from their rummage sale.
Could I be wrong?
- Usually am. Pulled a truly unforgivably stupid boner in regard to Jim Mellon.
By the way I expect AgeX to split eventually into two or more parts. Serial entrepreneurs tend not to change their ways.
Best, Terry
Cincinnatus,
Since Juvenescence is going to be running the AgeX show...
Last I heard, the CEO is supposed to be the top official in AgeX. Surely I will grant that CEO's are sometimes shadow figures with a company run by others but I can't imagine Dr. West letting others run his company.
How does Jim Mellon's BILLIONAIRE background match up against the MBA oriented background or the M. West R & D history?
I know nothing at all about Jim Mellon beyond assuming he's kin to the notorious Mellon family.
I wished way back then there was some way I could bet on the Pig Sty Lady against the whole Mellon family holding their family reunion in northern Ireland where the original ancestor immigrant originated.
The woman had international bankers calling her on the phone as well as personal visits from representatives to plea for temporary discomfort for her pigs and cleanup of the scene [you can't imagine the horror of that unless you have smelled pig stench up close] for a reasonable sum.
I was surprised I could find no mention of the dealings that ran for weeks or months in the then august pages of the Wall Street Journal. You will have to take my word for it I fear or bribe a librarian.
I am not a great admirer of bankers though I readily admit the thieving business must take great skill and cruelty to excel at.
Best, Terry
Shares got a boost when it came out that Colin Powell (BOD) invested $5MM at the IPO price last week
??
Why would anybody buy or sell whatever Colin Powell did?
I made a terrible blunder not buying a penny stock long ago that had invented extended release because Gerald Ford was on the board of directors of the IPO.
It was not a matter of liking or disliking Ford or his politics but figuring Ford knew even less about the chemistry involved than I did and I knew nothing at all about it.
Ford was on many boards after he was relieved of his presidential duties by the voters and, unlike yourself, it had nothing whatever to do with what he knew.
Ah well I guess there are secrets that must not be divulged here as with the old American political party that was a secret society better known as the Know Nothings because members were instructed to say "I know nothing" when asked about the party.
https://tinyurl.com/y7ohqd8c
Best, Terry
DeepDive,
I believe West is less important for Btx’s progress from here
Could hardly agree more. Maybe even to the point of thinking West is immaterial to the future.
West is not just "an R&D guy" but way out beyond the leading edge.
The call for "business people," on the other hand, nearly destroyed Apple on its way to becoming the first trillion dollar company.
I really, really liked Adi Mohanty when I saw him in action at an annual meeting
Adi's education:
MS Clarkson University
BS Clarkson University
BE National Institute of Technology, Tiruchirappalli
MBA College Of Saint Mary
https://www.bloomberg.com/research/stocks/people/person.asp?personId=280751541&privcapId=25622
There's my dreaded MBA that once made GE a laughingstock when it tried to take over the computing business from a baby IBM. GE hired the best people IBM had - they truly seemed to be the best and went on to greatly expand the field when GE's MBA-headed money machine went bust. The story is a classic refutation of the MBA legend but Adi is far from just another "business people" with just a smattering of science and education courses.
IMHO Mr. Mohanty appears to be the real deal who may take BTX to the stars that formerly blind people cured by OpRegan can scan the heavens for by themselves.
For sure, DeepDive, I mostly agree with your thoughts but I have taken huge hits in the past myself from the wreckage of MBA training. This is, of course, a very personal opinion that is far out of the mainstream.
Thanks for your post.
Best, Terry
It tickled me when there was a revival of interest a few years ago of interest in President John Adams. George Washington was over 6 ft., a giant for the time while Adams was short even for those times.
I did a lazy man's research on the internet looking for any indication that there was truth to the story that Washington was annoyed that Adams would follow him around like a puppy dog and was known to occasionally forget his teacup on Adam's head.
Adams head was very large indeed in one place - in historic Faneuil Hall in Boston that perhaps was more important in the debates that led to the American Revolution than Philadelphia that has more reverence for history. Adams portrait was by far the largest of all the portraits among a panopoly of portraits of the sainted founders, Adams glowering glowering down on a now large empty 2nd story room over a grubby flea market.
I think we know a great deal more about height today than ever and yet know so little. Most stunning of all in my experience was having a 6 ft. 8th grader baby sitting our kids at a friend's house in a distant city. What enormous problems she must have had with suitors but appeared quite capable of combat.
Best, Terry
Since 20-year-olds and below squander their money on schooling and beach parties and we older and wiser people looking to have a new company set to cure aging - - -
I bet you think I'm making this all up but I'm not. Exaggerating a wee bit but a company called AgeX is forming now and set to go public in a month or two with the stated mission of curing old age as a disease.
OPK is right on the frontline for now:
FRONTIERS IN ENDOCRINOLOGY
Adult Growth Hormone Deficiency – Benefits, Side Effects, and Risks of Growth Hormone Replacement
Abstract
Deficiency of growth hormone (GH) in adults results in a syndrome characterized by decreased muscle mass and exercise capacity, increased visceral fat, impaired quality of life, unfavorable alterations in lipid profile and markers of cardiovascular risk, decrease in bone mass and integrity, and increased mortality. When dosed appropriately, GH replacement therapy (GHRT) is well tolerated, with a low incidence of side effects, and improves most of the alterations observed in GH deficiency (GHD); beneficial effects on mortality, cardiovascular events, and fracture rates, however, remain to be conclusively demonstrated. The potential of GH to act as a mitogen has resulted in concern over the possibility of increased de novo tumors or recurrence of pre-existing malignancies in individuals treated with GH. Though studies of adults who received GHRT in childhood have produced conflicting reports in this regard, long-term surveillance of adult GHRT has not demonstrated increased cancer risk or mortality.
https://www.frontiersin.org/journals/endocrinology#
What a hideous spoilsport cancer is!
Have a great weekend all. Maybe they will even work harder on growing hair on us cue balls.
Best, Terry
Blue, Biotech;
This is from a transcript of the earnings teleconference from St. Peter, PETX CEO:
Regarding our second quarter 2018 financial results, as reported in our earnings release issued last evening, our total net revenues for the second quarter ended June 30, 2018 were $4.9 million. This compares to $5.2 million in the second quarter of 2017 which as a reminder included $3.7 million in product sales of the GALLIPRANT finished goods to Elanco.
Nothing to go wild over but PETX's own sales look a smidgen better.
Best, Terry