Arch Therapeutics Inc (ARTH)

[blackngold63]

I never thought this was a scam.

It is just Norchi is terrible in managing a Company like this and making critical decisions. When they need to be made.

The Big Prize in this was always internal. And there is nothing like it approved by the FDA or EU or etc.

He thought he had a way to pay for those trials and massive expenses. To get internal approved. He got thrown one curve-ball.....
And he was a deer in the headlights and struck out.

But that happened a number of years ago now.....
Now he is just milking it to see that people get paid.
This may be his last job in this field - CEO of something that has the potential to 'make it'. And make it Bigtime.
His millions of warrants/options may become useless.
So Dragon Lady...(Drag it on...!!)

It is sad.
While he dinked around..... a bunch of external products came on the market.
And time never stops......
So there are people out there working on an internal product to stop bleeding during surgery.

And if History is any predictor....well Norchi will be last to the Game.

By the time Norchi........