Wednesday, January 13, 2021 5:50:57 AM
BGMD has a modified website since last week. When you want to contact the company, you get the email address of Mary Jo Schindler. I asked her: "Can you give me information about what´s going on with BGMD? Are you BGMD´s bunkruptcy councel or only their new accountant or manager?"
She answered me today: "To recap BG’s status, on July 26, 2018, pursuant to Section 141(f) of the General Corporation Law of the State of Delaware, the directors of BG Medicine, Inc., appointed Craig R. Jalbert, as Chairman, Chief Executive Officer, President, Chief Financial Officer, Treasurer and Secretary of the Corporation, to serve in accordance with the company’s Bylaws, and to manage the company’s business affairs going forward. The former BG Board of Directors resigned at that time. The company continues to operate, as having entered in to several manufacturing and sales agreements with several partners. With that said, the company is limping along right now. There is no bankruptcy, and not much else to report at this time.
Thank you,
Mary Jo
Mary Jo Schindler Bailey
Verdolino & Lowey, P.C.
Certified Public Accountants
124 Washington Street, Suite 101
Foxborough, MA 02035
P 508-543-1720
F 508-543-4114"
On Nov. 05, 2020, I replied to her (mjschindler@vlpc.com): “Dear Mary Jo, thank you for your answer. Why is no further information, such as unaudited annual results available or published? Is it not permitted by law, or does the former management not want it (e.g. a higher share price) or would the effort cost too much money which BGMD does not have? Can you answer this question? Kind Regards XXXX YYYYYYY“
On Nov. 15, 2020, I forwarded this email above to Craig R. Jalbert. On Nov. 16, 2020, Craig replied to me: “I’m sorry that we missed your 11/15 e-mail. If you follow the trail below, you received a message from MJ on 7/1/2020. Nothing has changed. There is no reporting of any kind to anyone nor will there ever be. Sorry. Be safe.
Craig R. Jalbert, CIRA
Verdolino & Lowey. P.C.
124 Washington Street, Suite 101
Foxboro, MA 02035
Phone - 508-543-1720
Fax - 508-543-4114
Mobile - 508-889-1990
cjalbert@vlpc.com“
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