Happy Holidaze, my friend. Your weather in NY is prolly warmer than mine. Great skiing though - best year in the last 4. Gotta gett estimated taxes in the mail by 12/31 too, so 12/30 and 12/31 pretty much suck for me this year on topp of the CLE webcast/webinar schedule.
In 2016, I'm prolly gonna take an "Accounting 101 for Lawyers" course, so maybe I'll be able to understand a few of the things you write - or even read a balance sheet by myself. :)
As you know, there are some CE courses that are crosslisted for CPE and CLE credit. Butt I need Accounting 101 as a first step before I could even consider those.
It's a shame the Shkreli varmint took over KBIO and then what has transpired since 17 November. Poor Herb, through no fault of his own (I'm pretty confident about that) now finds himself with an unwarranted blemish from KBIO and the lawsuits that will follow and undoubtedly at minimum require him to give depos and may, sadly, name him as a defendant. Herb is a really good guy - honest and knows his stuff.
Integral, if you know of any Bay Area opportunities open for a good CFO, pass them Herb's name as a possible look-at. His only weak area is contacts for capital raising - he's nott a deep Rolodex guy at this stage of his career, AFAIK. KBIO having him as acting CEO on top of his CFO gig was prolly inadvisable given that they needed to raise financing to even hope to stay afloat. One of the bored (sic) members should have stepped-up as interim CEO. Denise Gilbert has speed-dial to all kinds of $$$$ and she could have stepped in. No way would KBIO have been able to recruit a CEO with connections to capital sources given the poor state the company and failed candidate products portfolio were in. Maybe it was hopeless and the bored just wanted Herb to wrap it up and wind it down. IDK.
KBIO was all teed up for dissolution/bankruptcy before Shkreli jumped into the scene. Now a whole bunch of people are gonna get tarred by the splashes from this shetstorm that Shkreli created. It's a sad deal. The company was set to fail honorably and have a dignified burial, now it will forever have a stigma attached to it because of Shkreli.
