Tuesday, April 21, 2020 1:42:36 AM
He is NOT the man for a GIA of a small-time biopharma with a wonder drug, but one that has 2 significant (huge IMO) drawbacks:
1) It has a negative legacy / connotation of being "fish oil"
2) It is a volume play and not a margin play, meaning you need to move lots of product to make $$$
Now, if they got someone in like Elon Musk, who was a true dyed in the wool salesman, I would be more concerned that the BOD wanted GIA.
Thero IMO was hired to sell the company, so you may very well get the buyout you want.
However, given the depressed state of the market, I have a feeling it will not be at the price all of us want.
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