Delcath Systems Inc (DCTH)

[ddaurelio]

@RDW - I completely agree. When entering into any stock transaction, there is, of course, no guarantee of a successful outcome. There is always risk involved, many times due to factors which are completely outside the company's control. It's always on us to perform whatever level of DD we believe is necessary to mitigate that risk. However, we do have a right to expect that when we enter into such a transaction in good faith, that there is in turn, a good faith effort on the part of the BOD and executives of the company to abide their fiduciary duty to the shareholders. I can accept the other risks, but when there is evidence of malfeasance on the part of the company management, that's when I have a real problem. If this BOD was performing their fiduciary duty, there is NO WAY IN HELL they would have allowed the SP to drop the way it did after the last R/S, and then turn around and try to do it again. What happened here stinks to high heaven of ruthless manipulation and clandestine backroom deals with HB, Ayrton and others. Actions, that IMHO, clearly do not align with the BOD's fiduciary responsibility to the shareholders.