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Friday, March 13, 2015 11:46:02 AM
"So... IMO if negotiations have ceased, they need to publish an 8K letting us know expectations have changed. IMO a collapse in negotiations with TPS as their historically sole source of revenue is a material event. Otherwise, we should continue assuming they're still working out a new deal."
Stating that they have not renewed the contract is a material event. No 8-K would be due if they don't get another one, but a note as to what they are doing to replace any lost sales from TPS's departure would be material.
The thing is, TPS is a marketing company. Sales reps. They are easily replaced. A compounding pharmacy that can ship hundreds of scripts a day is not. It would be prudent for them to give guidance on their plans one way or another.
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