Ayala Pharmaceuticals Inc (ADXS)

[cdiddy01]

Let's look at what he has done then:

-He publicly stated potential AXAL wind-down
-Sold 30 million shares/warrants at all time lows.
-Cut headcount/costs
-Pulled back EMA submission
-filed one IND for HOT
-Got a 150k bonus for diluting (mostly bad optics)
-Licensed ADXS-HER2 to essentially a charity/non-profit
-No CC this quarter

I'm sure I missed something. I'd say its a meh overall, nothing terrible other than the abhorrent share raise for peanuts. EMA pullback was also tough, but I don't blame him, that's another management disaster of prior.

We need a deal is the problem. The question is who will deliver and when? Real LTSH have been decimated. This is years now of nothing but dilution and massive pay raises. Ken has done damage, but can he correct it with a reasonable deal before another dilution? This is round 3 or 4 on CEO's and so far it's the same thing - nothing!