Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

So, you want specifics now...
I wish I were a CEO of Advaxis and getting paid like a King of Advaxistan. However, I'm just a @wmtgreeter and I'm paid $7.75/hr, plus I get paid $0.85/post here.
Seriously, I cannot advise what he should have done differently, but I did not like the following things:
1) Telegraphing that AXAL would be shut down if no takers by the next CC. I said "either he's so stupid or he is just plain brilliant". The jury is still out there, but it certainly looks like the former.
2) Skipping the CC and failing to update the status of AXAL. This looked like he was trying to pull the same old shit -- shelve the program quietly.
3) Secondary with warrants was just a sheer lunacy. It showed that Ken either did not care or did not understand the ramifications of the warrants. Either is bad.
4) A $150K bonus for raising $19M in the last secondary. I said it before and I'll say it again: He should have either used that money to make open market purchases or completely void that clause with a PR "... I forego the bonus until the company is in strong financial position, and moreover I announce that the top management voluntarily reduces their compensation by 20% until financial woes are over..". He failed to do that and quietly grabbed the money. I wonder why kgb did not say anything ...
5) I would not wait for the 1st HOT indication data to partner it. Get cash now.
I can continue. But I see that you are in 100% agreement with what Ken's been doing, right?