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Thursday, August 03, 2017 11:25:49 AM
Moreover, it would be very difficult to attract new members to the SAB with poor data. Especially if the compensation is in stock that will soon be worthless.
Moreover, while I suppose it is possible that Dr Missling could orchestrate a massive Pump and Dump to major funds, that would be professional suicide. I think it's less likely that he plans to sell worthless stock to sophisticated investors at inflated prices and then retire on the beach somewhere, and more likely that the drug compound is showing some potential for success and he's looking to raise money to advance the trials.
The fact he hasn't exercised his options speaks volumes. And if I were him, and I knew that my stock was going to be worthless, I'd be asking for a lot more than $300k in salary (which is really only $150k after NY taxes come into play at the fed, state, and local level). I'd rather have $700k salary and a handful of options instead of $300k and $11M worth of worthless options...
The best we can do here is to apply Occam's Razor. We've already determined that some here are invested in a competitor -- why they think that Anavex's success hurts their company is crazy as the two are not mutually exclusive, but it is what it is. Occam's Razor to me reveals that Anavex is making progress. That's good enough for me, for now.
Recent AVXL News
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 11:30:10 AM
- Anavex Life Sciences Announces Expansion of Leadership Team • GlobeNewswire Inc. • 05/22/2024 11:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 10:01:00 AM
- Anavex Life Sciences to Present at the H.C. Wainwright 2nd BioConnect Investor Conference at NASDAQ • GlobeNewswire Inc. • 05/14/2024 11:30:00 AM
- Shareholders that lost money on Anavex Life Sciences Corporation(AVXL) Urged to Join Class Action - Contact The Gross Law Firm to Learn More • PR Newswire (US) • 05/10/2024 09:45:00 AM
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- May 13, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against AVXL • PR Newswire (US) • 04/26/2024 09:45:00 AM
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- Shareholders that lost money on Anavex Life Sciences Corporation(AVXL) should contact The Gross Law Firm about pending Class Action - AVXL • PR Newswire (US) • 04/02/2024 09:45:00 AM
- Lost Money on Anavex Life Sciences Corporation(AVXL)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm • PR Newswire (US) • 03/29/2024 09:45:00 AM
- Investors who lost money on Anavex Life Sciences Corporation(AVXL) should contact The Gross Law Firm about pending Class Action - AVXL • PR Newswire (US) • 03/26/2024 09:45:00 AM
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