Friday, June 05, 2015 9:09:25 AM
Noticing the quote today from our Cocrystal Pharma leader Dr. Frost about his old pal from his Northrop Grumman (NYSE: NOC) days, the $30B+ defense contractor. I guess this guy Jay Nussbaum used to work with him there, and Nussbaum has joined back up with Dr. Frost at Dr. Frost's sole drone investment, Drone Aviation Corp (DRNE). As we all know, Dr. Frost is a prolific investor, worked a nice 200% gain for us here at Cocrystal Pharma, but he also serves on the board of several other companies, including Drone Aviation Corp. This was a nice quote:
"I'm pleased that Jay has accepted the role of Chairman of the Board, a position in which he can apply his talents and provide invaluable leadership to management while assisting in the future growth and expansion of the business, thanks to the many relationships he has developed over the course of his accomplished career," said Dr. Phillip Frost. "Having known Jay since we served together on the board of Northrop Grumman, I have complete confidence in his ability to help Drone Aviation navigate the many intricacies of the government, military and commercial sectors."
http://finance.yahoo.com/news/jay-h-nussbaum-appointed-chairman-123000646.html
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