Friday, June 29, 2018 7:56:41 AM
My own personal speculation is: The Bloomberg article was meant to attract attention to SPPI, especially leading up to this Rolontis data release and September. I don't think a sale will happen in the near-term, however. JT clearly likes to lead and he has finally taken the reins. Why would he give that up? Also, if the pozi results are as good as they say they are, they stand to gain so much more by bringing it to market themselves. Of course, they might need to raise funds in the near-term. And they now have a number of new shares to do so. Raising the profile of SPPI is not a bad thing.
Then again, maybe the people Raj installed during his tenure are not very easy to get rid of and maybe they are hampering JT's vision, ability to grow, etc, and maybe he's decided it's better to leave than stay. Who knows!?
Recent SPPI News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 11/09/2023 10:00:17 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/28/2023 04:15:27 AM
- Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments • Edgar (US Regulatory) • 09/26/2023 09:23:08 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM