the pphm and the big bad wolf story. . . (similar to but different from the putrid prune tale of yesterday which still stands - - will this?)
once upon a time a long time ago, there was a little piglet called techniclone. . . it had a pps in the double digits but lived in a house of straw.
one day the big bad wall street wolf came a-calling. . though techniclone apparently had no fear of the wolf, the wolf huffed and puffed and blew the house down anyway.
poor techniclone ran away to a house made of sticks.
while there, that piglet gorged itself at the trough of it's retail investors each day. . in time this piglet needed a new name as "techniclone" was too cute a moniker for such a fat sow. . . hence "pergrine farmaceuticals" was born and it did grow into a big, fat unquenchable eater of market cap. . it squandered away its time while watching the pps plummet all the while singing... "who's afraid of the big bad wolf, the big bad wolf, the big bad wolf?"
"peregrine farmaceuticals" quickly chowed down whatever liquidity was in sight as a hog is want to do until its food was mostly gone. . it's handlers (the b.o.d.) ignored the real needs of its now famished pet project and the hog that is peregrine turned to eating away at itself (reverse split). . predictably, the wolf came a-calling again.
the wolf huffed and puffed and easily blew the house of sticks to pieces. . . "peregrine farmaceuticals" escaped by the hair of his chinny chin chin and ran to the house of bricks (the pII bavi trial).
ocassionally a passerby would check into this bloated yet hungry pig to consider buying it and rescuing it from its abusive handlers. . . but after a thorough check-up they would apparently feel that the rolls of fat were too deep and the psychological effects left by its handlers too much of an obstacle to overcome. . yet the handlers kept claiming to be in negotiations for this fat blob of a pig, but could not convince any suckers (excuse me,"'partners") to step up and open their wallets.
but with pII a certain success, the pig that is "peregrine farmaceuticals" felt invincible. . he taunted the big bad wall street wolf. . but then one fateful day in september the wolf came again, huffing and puffing.
"peregrine farmaceuticals" didn't think it was vulnerable in its brick house, but sadly discovered that no one put mortar between the bricks (dose switching). . apparently no one bothered to oversee the building of the house.
this was all the opening the big bad wall street wolf needed and despite the who's afraid of the big bad wolf song - he blew the brick house down too. . now poor "peregrine farmaceuticals" was operating completely off script.
while not yet run down and completely eaten by the wolf, poor "peregrine farmaceuticals" withers away every day. . it's handlers don't seem to care and don't even write anymore (no news updates).
the wolf has ocassionally caught and bitten off pieces of the poor sow - but has yet to totally put it out of its misery.
that is the other "rest of the story."
it is a truthful version.
how this ends is up to the handlers. . . the true owners are kept away and seemingly cannot affect change. . . the handlers have seen to that.
but maybe we can.
vote the handlers out. . . don't be placid sheep accepting scraps the that they so rarely mete out to us.
change (which everyone feels is needed) does not come through a bunch of lemmings sitting on their hands.
it only comes when people rise up and say 'enough.'
i've been here over 15 years.
i've been saying enough long enough!
have YOU called IR yet to voice your concerns?
have you voted your proxy in a way that says 'enough?'
AI
