Seelos Therapeutics Inc (SEEL)

[DavenCT]

I've been away after selling out over two years ago at a great loss. The only accomplishment Pascoe has under his belt is this: he has been paid handsomely for years of worthless 'successes.' Every deal he and the board made screwed the company. The 'Room Temperature Device'- the classic Pascoe Fiasco.

I feel everyone's pain this morning. Been there, done that.

Pascoe is disappointed? Weren't APRI's scientific staff in constant talks with the FDA? Knowing that a prior application was denied, one would think APRI's preparation for this try would have been irrefutable. How come it wasn't? That was the ONLY job the entire staff had to work on.

Either the FDA was misleading APRI so they supplied inferior or incomplete data, or APRI didn't understand what they had to do or knowingly supplied incomplete or inferior data because full data wouldn't support their claim. Which do you think is more likely?

I think when a management team manages to destroy tens of millions of stockholder equity, time and time again, it's time to close the company and return any leftover funds to the shareholders.

But Pascoe won't do this- his ego as CEO won't let him. He enjoys his salary and perks as every one of us lost their shirts.

How he always got re-elected is beyond me.