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Looks like we all lose then.... Because the BOD isn't gonna do it either.... They don't want the R&D side of the company anymore... Why? It's not worth much I guess.... Pphm doesn't even want it anymore.... Funny how people got pissed when Ronin said they didn't want it either... But now no one is pissed at the current BOD's for announcing the same plan Ronin had??.... Wow...
Bavituximab is like our dusty old dirty Oncolym and Cotara...
If ps targeting is gonna be astronomical/worth tons.... Why doesn't pphm want it anymore? They want to be a stand alone CDMO... That's it... No more R&D on ps targeting.... For some reason they don't think it's worth it.... Plus whatever Bavituximab is.... Never really showed it was gonna be worth anything... Didn't it fail every trial so far?.... All this ps targeting ( if its gonna be astronomical ) will be put in the hands of someone who knows how to use it.... Or you'll see someone or someone's from inside pphm follow it... But I doubt it... They didn't believe in it also.... I can tell by the looks of the shares they own in the company they run..
Once they transition over to a full CDMO company and out of the R&D.... This should be about right with Bod salaries....
Pay by Experience for a Member of the Board of Directors has a positive trend. An entry-level Member of the Board of Directors with less than 5 years of experience can expect to earn an average total compensation of $32,000 based on 12 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Member of the Board of Directors with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $82,000 based on 11 salaries. An experienced Member of the Board of Directors which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $91,000 based on 14 salaries. A Member of the Board of Directors with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $79,000 based on 17 salaries.
Wook... I look up to you guys including Bio, CP and many others, BUT.... No more "maybe's", no more "we may" .... I think we probably get just about zero for our PS platform... imho
This is it... They are doing exactly what Ronin said they wanted to do....
"Peregrine Pharmaceuticals, Inc. is a company transitioning from an R&D focused business to a pure play contract development and manufacturing organization (CDMO). Peregrine's in-house CDMO services, including cGMP manufacturing and development capabilities, are provided through its wholly-owned subsidiary Avid Bioservices, Inc. (www.avidbio.com).
The company is pursuing to license or sell its proprietary R&D assets, including its lead immunotherapy candidate, bavituximab, which is currently being evaluated in clinical trials in combination with immune stimulating therapies for the treatment of various cancers."
Why we still talking about this anyway? We are not a R&D company anymore... We will only be Avid once everything is sold off for peanuts!
Wow... Somehow I know you or you know me.... A&H, house burning down, new wife/lost wife... Hot rod that I wanted was never bought but I supplemented it with my Mustang..... Hmmmm...
Absolutely perfect! I've been thru it all..
CP... If you still think Bavituximab/Perigrine is the Microsoft of Biotechnology.... Are you gonna follow it once its sold off?... Hoping it gets in the right hands of a private, I mean public company?
I remember posting this a few years ago about the Avid build out.... That the ps/Bavituximab was not proving itself.... So they were setting themselves up with Avid Bioservices.... Good idea if they knew it was gonna fail... No so good keeping us shareholders in suspense thinking we had the golden goose... Great job guys!!
Right to the point!! Eom.
Just in case the clowns behind the desk that stole our money never read the handbook...
https://www.lw.com/thoughtLeadership/LW-2017-annual-meeting-handbook
Oh thanks.... I didn't see that! Even if Ronin is in the drivers seat?
I'm just trying to prepare myself....
CP..... "Peregrine Pharmaceuticals the Microsoft of Biotechnology! All In My Opinion. I am not advising anything, nor accusing anyone."
Is this still your opinion? I'm just asking because after all this time, you still have it...
I was thinking the same wook.... Lets hope something good for once!!
pphmp up in pm? I'm not sure I've seen that before..
This is true! Well said.
Is this date right?? NEW YORK, NY / ACCESSWIRE / September 11, 2017 / Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM) will be discussing their earnings results in their Q1 Earnings Call to be held September 11, 2017 at 4:30 PM Eastern Time.
Yay!! 30 years later we are going after glioblastoma again!! Just a different approach this time... SMH.
I'm gonna have to go with.... Your probably 100% correct!! I posted this a long time ago when the Avid build out was going on.... They got nothing with Bavi, Oncolym or anything else.. Avid was a detour to keep the BOD afloat when the sh** hit the fan..... The fan is turning and it's gonna get hit soon!
Yeah, funny how some that have been here for years don't like the idea of a new BOD.... I scratch my head thinking why??.... Not sure how they haven't been losing money, nor wouldn't want change.... Something is just not right here!!
"What we've got here is failure to communicate
Some men, you just can't reach
So, you get what we had here, last week
Which is the way he wants it
Well, he gets it
And I don't like it any more than you men"
Chey.... We've been sayen this for 20 years... Lol
Stop the bloodshed of this company please!!!
What? reduction...... No, no, no..... Now they can give themselves even bigger salaries!!...
Somebody fix us please!! This is getting way to old...
Wow.... 30 years later and it's almost like we got nothing.... Who's to blame?
CP... Is this good news for us shareholders... Can you enlighten us on this?
Wow... The market took this news well... You bunch of idiots!! Boy do they know how to screw the shareholders.
That right there was one of the best posts I've read in a very, very long time here.... Time for a change. Eom.
Is the wash, rinse and repeat over for the BOD??.... I really sure do hope so!! We have gone nowhere in past 30 years or so but down..... Time for a change!!
Can it really get any worse?
Cotora is dust in the wind... So is Oncolym, and ( at this point ) Bavituximab.
If pphm and Avid break off into to differently run companies.... Do we own stock in both companies?.... How does this work?
Maybe the BOD needed a way out before the shi** hit the fan.... Maybe this was a way out.... Maybe both sides were in talks all along... Help us fix our mistakes before we end up in jail..
That's strong worded... What a mess they have weaved... Gonna be very interesting tomorrow and the days to that follow....
Peregrine Pharmaceuticals Issues Statement Regarding Ronin Trading and SW Investment Management's Letter to Stockholders
TUSTIN, Calif., July 13, 2017 (GLOBE NEWSWIRE) -- Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) today confirmed that Ronin Trading, LLC and SW Investment Management LLC (together, "Ronin/SWIM") submitted three candidates for election to the Peregrine Board of Directors at the Company's Annual Meeting of Stockholders. The Company issued the following statement on Ronin/SWIM's nomination of directors and its letter to the Peregrine stockholders:
"Peregrine welcomes the input of our stockholders and is committed to maintaining a highly qualified Board to lead the company forward. We respect the right of stockholders to nominate directors and our Board follows a defined process to evaluate any potential nominees. Our Nominating Committee will carefully evaluate Ronin/SWIM's nominees consistent with that process. Following the Committee's review, it will make a recommendation to the Board that is in the best interests of Peregrine and all of our stockholders. Stockholders need take no action at this time.
"We are actively engaged in an ongoing dialogue with our stockholders and welcome their constructive input on how we can further strengthen the company. We have engaged in various discussions with representatives of Ronin Trading and SW Investment Management and welcome a constructive dialogue toward enhancing value.
"Peregrine's Board, which has a deep understanding of the Company's R&D and CDMO business lines, has been actively involved in setting and overseeing a strategy that has delivered meaningful growth over the past five years in our CDMO business and promising progress in our R&D efforts while substantially reducing R&D spend.
"Our Board is committed to maximizing value for all stockholders. Peregrine will continue to evaluate stockholder input, assess opportunities and make decisions to achieve this objective."
Haha... They read Ihub....
Is that what we was at when they announce the botched trial?.... I wouldn't be surprised if that trial was botched by our own board members.... Now that I see what these guys were really up too!!
Corporal Punishment Poll For PPHM
If you agree with Ronin's position on current state of Peregrine management, and the potential addition of new board members add your name to the list. Big prize for the winners. Higher stock price
.
?
Copy and paste with your name added. Mods will delete older versions to reduce the number of these posts.
Good luck!
1. Loofman
2. Cheynew
3. Stoneroad
4. Hayward
5. Pphmfan
6. Hawkfan1
7. RevMonster
8. Corporal
9. Internet forum user
10. BioBS2012
11. Chevalblamc47
12. Ku
13. Mauriziomh
14. Jimsgtx
Come back! Come back!.... Never a dull moment..
Going for a 52 week high!! Lol