Provectus Biopharmaceuticals Inc (PVCT)

[vorlon1966]

I don't always agree with mgt
But those times I disagree I do so privately and avoid airing dirty laundry
Such public disagreements can and do affect share price in a negative way
As a shareholder that would be counter intuitive

I did not approve of those couple of years they took a higher salary than they have now
I have no problem with what they take now
If you wish to bring up class envy then let's us look at that from another point of view
Let's assume you are a motor mechanic and you fix one car a day for $30k per year
You then look at someone making $500,000 or more a year and saying not fair... Pigs
Can you fairly equate a mechanic who went to one year of trade school with doctors and PhDs who paid hundreds of thousands for school, earning zip for eight years of med school
And whose product seems to outperform every cancer drug ever invented.
What do you wish them to be paid?..... Nothing because the sp is low?
If it jumped to $40 a share tomorrow would you complain? Probably not.
And if not then your argument is not about pay but disappointment that the share price is not higher
That disappointment then leads to laying blame on causes.... Namely mgt.
The seemingly lack of progress you point out assumes they sat on their butts doing nothing
95% of what they do you cannot see or hear about
What you fail to realize is the natural delays caused by the interactions with the FDA
Let's take the time of the past four years
In 2010 they finished pII treatments. They then had to wait for one year for the very last patient for os data and pfs. Now it takes about six months to process the data and send it in to the FDA. You then wait months for the FDA to get back to you and give you an indication on how to do a pIII. But wait....this is a local drug that has systemic effects... Wth? And it's injectable locally....wtf???
Hold on there....time to scratch heads and butts. So Pvct writes up a study proposal....ummm FDA says no. But it's just like the other drug studies.....don't care. Try three times.... Finally they say do btd... And they did say that.
It is no different than big Pharma and their delays can often be longer. It's the nature of the beast.... It does suck.
I understand your anger and sometimes I get angry too.
I had hoped to be retired by now
Contrary to what some think I do not work for the company not do I receive compensation
I work for me....and by extension you
This has been a difficult year and I work to learn as much as I can to pass it on and hold all of us together until the end. Something the company is poorly positioned or not allowed to do. Those of you who have lost patience I suggest you sell at the first opportunity you are in the black. Mgt will go on in the current mode and I don't see complaining at this point will have any positive effect.
As for me I plan on holding fast to the end

Have a bit more patience.... The drug works better than you can imagine
There will be more vindication of this soon
Big Pharma runs into a pipeline crisis next year
The pIII in my opinion will end in six months after 50 patients are enrolled and not 30 months with 210 patients
See my posts about stoppage rules