Thursday, June 15, 2017 5:31:13 PM
Corporations do not move as fast a small company, therefore BMY,s decision to go with ADXS is not a decision taken in the last two weeks or even a month.
Anyone who worked in a big conglomerate understands that there is a chain of events and hurdles to clear before making a decision. This mechanism called burocracy by some is the best way to assure that the companies resources are well spent (it does not work all the time ... but it is what it is)
So the idea that this was a last minute hail mary to save the AXAL platform is B.S. This is not a last minute decision.
OF course this does not mean that the LM platform has a 100% chance of being a success as we all hope however this is a topic for another conversation.
Another point, the way ADXS is setting up the partnerships with AZN and BMY is a clear tell that no one owns nothing to the other. Therefore there is freedom (well within certain boundaries) on both parties to stay together or break up as they see fit. I like it, so to the posters claiming that ADXS is giving its IP away for nothing I say… NOT.
The question here is which platform is better AZN or BMY?
Now about the message to the market... I have to agree that the whole affair has been badly managed, and this is the first time I am saying that the whole debacle is D.O fault.
This is the first time I can directly point my finger to a fact that is directly related to the CEO. This is not the IR department fault, this falls directly into DO lap.
Come on, how can you let the market decide what is the reason for such change, added to the way you tried to hide the fact within the company presentation was amateurish … and it opened the door to the doom theories (that may be true – anything is possible - but for me there are just BS).
For me this is a present given to someone - will have to look up how the funds ownership in a month or two to get a clear picture- or a huge mistake from a green CEO. I will not be surprised if the mishandling of a potential positive development by DO ends up costing him dearly.
About me .. i am buying more tomorrow ...
Go Zen
Cheers
Recent ADXS News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 12:13:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:30:45 PM
- Form DEFM14C - Definitive information statement relating to merger or acquisition • Edgar (US Regulatory) • 03/05/2024 01:16:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/23/2024 09:30:46 PM
- Form PREM14C - Preliminary information statements relating to merger or acquisition • Edgar (US Regulatory) • 02/20/2024 10:22:48 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:26:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 07:16:21 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/12/2024 04:58:05 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/12/2024 01:27:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/09/2024 10:15:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/06/2024 01:51:21 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/03/2024 09:18:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 02:04:41 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/21/2023 02:00:50 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 02:00:30 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 09:04:59 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 11/08/2023 09:01:18 PM
- Form 3/A - Initial statement of beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 11/03/2023 03:46:10 PM
- Form 3/A - Initial statement of beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 11/03/2023 03:45:26 PM
- Form 3/A - Initial statement of beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 11/03/2023 03:43:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 11:08:02 AM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 10/31/2023 11:05:10 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 10/23/2023 10:45:21 AM
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