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Re: PhenixBleu post# 202149

Friday, 09/03/2021 11:47:05 PM

Friday, September 03, 2021 11:47:05 PM

Post# of 203910
It was obvious from my post that I was being sarcastic. If Turner was indeed the problem then the company should have thrived during the 3 years that he was not there. Instead what happened is that the SP took a nosedive from around $1.00 to below a penny, and when Pignitz realized the gravy train had been derailed, he turned the lights off.

Where did you get the view the company would be thriving without Turner? We will never know what he could have done because: 1) He was fired, and 2) When he returned in 2020, he refused to follow a court order to upload unaudited simple financial statements that could have helped investors better understand the need and the proposal to solve the problem at hand.


Yes you should focus on who the dysfunctional people were, or I should say who the criminals were.

Geez...so many dysfunctional people interfered with a noble mission to use cannabis for medical solutions.


I was the author of many of those "nasty" letters. I chose to call them out with "nasty" letters, not defend their incompetence.

Don't forget that nasty letter berating the company that was sent to a prospective customer from a disgruntled shareholder ripping Bignitz.


It is laughable that one would be blaming a disgruntled shareholder for the demise of the company. Evidently
Pignitz and Hirsch could do no wrong. How many times were we told to "rely on what is reported in official company filings"

Pignitz was the CEO and Hirsch was the Chairman when the DGF loan agreement was negotiated. Pignitz didn't have to put Baruch on leave. Already knowing the allegations against Dr. Baruch, all they needed to do was to acknowledge this upfront and exclude him as a possible trigger in the loan agreement. Notwithstanding this, why were Pignitz and Hirsch Being defended right up until the end? They should have been crucified for their incompetence.

I've said it before, and will say it again. The major issue I see that contributed to the funding problem is the triggering event. Bignitz should have placed Baruch on leave KNOWING his criminal case was pending.


The major contributor to the funding problem was none other than Pignitz. In retrospect once he got his hands on that $5 million dollars he didn't give a shit about any triggering events or furthering the interests of the company. If it involved parting with any money it wasn't going to happen.