CardioVascular BioTherapeutics (fka CVBT)

[walhall]

There’s a way to accurately determine if Venturis Therapeutics is a zombie company: the Zombie Biotech Company Quiz (ZBCQ). This expert diagnostic tool—a multiple-choice questionnaire—was developed by a BIO sub-committee and formally adopted in 2012 as the industry standard. The ZBCQ has been validated and accurately measures whether a company genuinely meets the threshhold of being a zombie biotech company:

1. When is/was the most recent clinical trial run by the company?
a) There are currently ongoing clinical trials.
b) The most recent clinical trial ended within the last 6 months.
c) The most recent clinical trial ended within the last 12 months.
z) In 2007 – over 13 years ago.

2. How many new investors have issued public statements announcing their investment in the company, as is customary in the biotech industry?
a) One
b) Two
c) Three
z) Zero – but that’s because all our new investors are SECRET investors – shhhhh.

3. How many partnering deals has the company announced in the last five years?
a) One
b) Two
c) Three
z) None – partnering deals are for losers who lack cojones.

4. What is the highest educational degree earned by the company’s Chairman/President?
a) Ph.D.
b) M.D.
c) MBA
z) High school diploma – who needs other degrees when you have a Texas high school education (#1 in the world!)

5. How much money is the company’s Chairman/President accused by the U.S. government bankruptcy trustee of stealing from his last company, which he ran into bankruptcy?
a) Zero - he has never stolen from anyone or any company.
b) Zero – leaders of integrity are never even accused of stealing.
c) Zero – because successful businessmen make so much money they don’t need to steal.
z) $14 million.

6. What does this biotech company take victory laps for?
a) Announcing successful clinical trial results.
b) Raising over-subscribed funding to run all its clinical trials and operations.
c) Generating record profits.
z) Patents, lawsuits, patents, lawsuits, lawsuits, lawsuits, lawsuits – what else matters?

7. How many years need to have passed before the former CEO who left the company over 5 years ago is no longer blamed for every problem the company has?
a) Zero – Leaders that are genuine winners don’t blame, they just solve problems and move ahead.
b) 1 year – A strong effective leader should be able to implement positive change within a year.
c) 2 years – It’s reasonable to appreciate that it takes time to fix problems, but beyond two years any truly capable leader understands he/she owns the problems, not someone else.
z) IT’S ALL DAN MONTANO’S FAULT AND ALWAYS WILL BE!!!

I believe the ZBCQ definitively puts the matter to rest - by the industry's standards, Venturis Therapeutics is a zombie biotech company.

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