I was thinking the same thing and SK is still collecting his six months of pay. And SK per SK has his dozens of collaborations. As to efforts by SK in the past, were those efforts saddled with unreasonable demands such as retain US rights, continued demands of entrenchment of the BOD? SK should be motivated given his options expire at the end of May 2018 and just over $9 per share.
I spoke at length with a large shareholder last summer that did extensive DD on the company. They assigned zero value to the IP based on several factors including what they thought was the lack of respect the SK crew had in the biotech world. Could that have been the result of such a shady BOD? I don't know. The company always had a problem with institutional ownership and seemed to chase them away with russell shenanigans imo. More institutional ownership would have resulted in more oversight which is what the company seemed to dread and for good reason. Couple that with the fact that PS was struggling to get traction and if the ambassadors were such sleazeballs, no wonder.
It is unfortunate that Thorpe put his trust in the ES crew and SK was the well paid puppet with zero experience in running a company. PS is gaining traction now and all the money spent was misdirected to sunrise vs further research and validation.
As for Lias, he is probably going 24/7 trying to straighten out the ship and probably doesn't have the time, knowledge or connections to focus on the IP sale. One group with a history and connections is Noble. Why not engage them with a healthy commission agreement? If they decline then there is a good chance there is not much meat on the bone.
The NCCN trials where we had to pay them tells me the interest was tepid imo.
I am relieved the Ronin crew took over and the previous mgmt has held us back three months w/ the delay in the ASM. Good riddens to SK ES and crew and if the SP hovers around $9 until June, so be it. We should get a nice pop in June with the russell inclusion and in general, more institutional interest now that the scumbags have been removed. Karma at its finest. All imo.
