Opiant Pharmaceuticals Inc. (OPNT)

[jtomm]

CEO Has Another Full Time Job

I really liked the looks of Lightlake when I first looked at it. But the more I looked into the filings, the less I liked it. And now it seems purposely deceptive. Crystal worked in investment banking at Goldman Sachs. That probably scares me the most because it means he knows exactly what he's doing regarding the structure of the company, paying stock promoters, etc. He pays stock promoters to talk about how there's been no dilution, when the reality is there's dilution out the wazoo with all of it going to mgt.

I'm pretty sure it was in an SEC filing (I can't remember which one) that Crystal claimed he had two full time jobs. That doesn't sound real kosher when he's taking such a huge salary from Lightlake.

Here is the pr mentioning his hiring at another company (complete lack of disclosure in not mentioning Lightlake):

http://www.prnewswire.com/news-releases/imaginab-appoints-roger-crystal-md-as-vice-president-of-business-development-268865361.html

And here's his current bio as Chief Business Officer from their website (again, no mention that he's also currently CEO of Lightlake, that's not cool):

http://www.imaginab.com/about-us/management-team.php