I listened to JNP's first-ever* CC and was moderately impressed. JNP is like a gynecological version of SRDX (a company I used to own) that is just getting started wrt internal development projects, but is already cash-flow neutral thanks to Crinone sales and royalties.
I'd be interested in your take on the 1Q15 CC, if you have time to listen.
*Since name and business-model change.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”