Seelos Therapeutics Inc (SEEL)

[DavenCT]

Haven't been in for a while. Seems to me that Pascoe sold cheap- considering that Ferring got the entire planet except for the USA. Will the FDA actually give approval in our lifetime? Will Pascoe and ilk get the damn application in front of the FDA in the '3rd qtr?'

He has a wonderful track record of not meeting his own goals. The sale gives the company some cash for a while. Will it be wasted on executive bonuses? Let me be very serious about this. My 'investment' has dwindled every time Pascoe has put his hand on the rudder of this company. I'm sure many of you are in the same boat. Pascoe still makes his half-million dollar a year salary. I know departmental managers that have bigger budgets, oversee hundreds of employees, and make one quarter of what WE give the guy.

When Denner came on board, we all thought this train would finally make it to the station. I imagine Denner will somehow take a 'special dividend' from this money trying to repair what must be his biggest disappointment, not to mention his biggest loss.

What happens when Ferring puts some muscle and talent behind Vitaros, 'perfects' the stinking RTD and starts to make real money? I'll tell you- they take all of it for themselves. As THEIR train pulls into the station, we'll be watching. I think Ferring played some real hardball and Pascoe knew he was beaten.

I hope it spikes like heck in the morning- but it won't stay there. The shorts will be right back in like sharks on a seal. Good luck to all.