Friday, August 11, 2017 8:09:28 PM
But let us be clear. Keith M Berman repeatedly states it is about money and raising alot of it. The goal is to raise money.
All the press releases of the past touting hundreds of millions in expectations is reckless. I personally find it deceiving. I witnessed these product "launches" for 20 years and these unnamed "buyout, merger, interested party" press releases for 20 years.
Over 45 Million dollars have been raised by this company as of 6 months ago and rumor of 5 plus million more, plus possibly another million in share sales the last 4 months.
The United States and local Governments have audit procedures in which they know roughly what things cost. This is based on previous business and market analysis from similar industries.
Trying to blame JNJ for theses enormous expenses under litigation is incorrect. The litigation did not cost more than the company settled for.
How many people can make a business work if given 45 million dollars?
It is egregious how some form of Government intervention or at the very least shareholder enquiries have not happened yet.
Even if you own 1 share, you have the right to enter the company as an owner and inspect the books and view the operation and ask questions of management you feel are pertinent.
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