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Re: fbg0316 post# 33855

Thursday, 09/14/2017 8:42:45 AM

Thursday, September 14, 2017 8:42:45 AM

Post# of 108192
I tend to agree with your assessment here, fbg. Also, if Lombardo will continue to make the same kind of light upfront/ heavy back loaded deals, I see very little reason to have canned DOC. Unless we suddenly have to think that his deal making style or ability, laden with built-in risk, wasn't the reason that he was fired and he went away for something else altogether. But many here, including James, have confirmed that he left involuntarily, presumably due to differences with the BOD on strategy.

I do hope that the new deal making style includes heavy infusion of cash upfront, with no equity for the partner, at least for ONE product/franchise. And I too am not sure which part of the business update suggests otherwise.
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