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Re: biosectinvestor post# 180957

Tuesday, 07/03/2018 7:04:53 AM

Tuesday, July 03, 2018 7:04:53 AM

Post# of 704670
Well excuse me! Sorry I put a bit of a dent in your fragile feelings.

As to a CFO, I think money is better spent there than on an SVP who can't lawyer very well. IMO, these bumps as you call them are a serious indication of incompetence and gross negligence. Biotechs that fail invariably have poor management even though they may have stellar promising products. Credibility is built by management in doing what they say they are going to do. Les spends a lot of time talking to MB members and telling them all sorts of things. I have repeated these undeliverables ad nauseum. You may disagree, and we will have to agree to disagree, but management is largely incompetent. Their strategy of silence has worked negative wonders on the pps. With all the shares, options, convertible loans, etc. management can easily endure more toxic dilution as it is not nearly as toxic to them as it is on long suffering longs.

Debating this further with you is a waste of my time. Have a nice day.
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