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Re: mastiffsforlife post# 69437

Wednesday, 05/30/2018 5:39:50 PM

Wednesday, May 30, 2018 5:39:50 PM

Post# of 108192
Net of cash, the company's enterprise value is around $30m, which is lower than it was under Tom Moore's tenure when the company wasn't in Phase 3 and didn't have any BP collaborations. Goes to show how O'Connor's wasteful spending, unethical self-dealing and lavish non-performance based comp policies, crappy deals and no real business strategy destroyed significant value even though the company advanced clinically. But hey, while the company's owners/investors may have been screwed, at least employees voted it the best place to work on NJ.
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