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casperboo

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casperboo

Re: None

Wednesday, 12/30/2015 12:33:43 PM

Wednesday, December 30, 2015 12:33:43 PM

Post# of 9289
Oldtimers are growing impatient and understandably so.

From their board today:

"- NAV4694: F - still waiting for NAV4694 to be divested or monetized after almost 20 months. If we do not get ~$9MM+ in upfront payments, it would have been better to shutdown the program in May of 2014 (when it was decided to divest it)."

My reply:

Yup. What a terrible waste of company money and precious investor sentiment. This imbalance of money spent on 4694 vs. what the company will ever recover in the deal has alone damaged the company reputation just as bad as Crede.
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Volume:
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