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Re: janice shell post# 4900

Wednesday, 01/27/2016 3:42:10 PM

Wednesday, January 27, 2016 3:42:10 PM

Post# of 42809
As was posted, Nasdaq clearly had to know about shkreli form the beginning so not sure why they even allowed KBIO to trade to begin with or why they opted to penalize the company/shareholders etc because nothing in indictment implicated KBIO in any way and reasons for halt concerned the charges/arrest of shkreli that were not related to this company. Additionally, the old CEO/CFO (Herb Cross) also had to have known about the shkreli lawsuit/investigation etc but opted for some stock options anyway, which some articles relayed was a good indication that he must have believed company was going to keep on operating - at least until the 11/16 vesting date anyway.