InvestorsHub Logo
Followers 68
Posts 5584
Boards Moderated 0
Alias Born 01/13/2012

Re: FloorPanDan post# 218109

Friday, 03/06/2020 2:51:34 PM

Friday, March 06, 2020 2:51:34 PM

Post# of 331192
My sense is that we have a situation of DNA. Not her fault. Former CEO belligerent mantra was "I'll do what I want!" Same guy who told CVS, Dr. Scholl's and KT Tape - "No!", while people had advised him to just make the first deal, even if it's not very fat, make it! He was always the smartest guy in the room and it got worse as his aging issues worsened. Everyone else was stupid! Sad.

I've laid out the incredible potential upside for the Whelan family and all shareholders. We will see.

“That leaves, in order of priority, the critical toxicity in the pain space of the Former/current CEO name, the outrageous share structure and the management bungle on the CE Mark. The CE Mark is an operational issue and will get done and I assume everyone is accepting of the fact that there is zero business with B. Braun to be concerned about and that it never launched. So, the company is left struggling against the negative forces of the name toxicity - you don't have to do much DD to see that.

The share structure is equally critical, but the current CEO can't seem to grasp that the Whelan family controlling 35 billion shares at .0008 has the same value as 7 billion at .0045 and by disappearing 28 billion shares will enable the sp to run farther and faster once deals are announced. And a CPA to boot. So, it's either hiding something, narcissism, a defiance disorder, stupid greed or some other issue best not raised here. No one is that dumb, there must be a reason, who would deliberately do that to themselves?"

217899 . . . "If she could 'get' that 35 billion shares @ $ .0009 is worth $31.5 Million and so are 7 billion shares @ $.0045, that would be a good thing. And, IF, the likelihood of the sp running into the realm of 5 cents is increased if the OS are 35 Billion instead of the current 62 billion with all notes redeemed, that would also be a good thing. So by 'disappearing 28 billion of the Whelan 35 Billion, there is an increase in the potential!”