Wednesday, March 02, 2022 2:22:17 PM
I don't speak for anyone but myself, and you are welcome to read my posts. My criticisms are very specific (i.e repeated non-arms length self dealing with Mikah) and my remedies are too (i.e. stop doing that). I don't recall ever requesting the CEO be fired, but I readily admit that I believe long term investors would have been far better off had they never heard the name Nasrat Hakim. He started off by digging a huge hole 300,000,000 shares deep with the first Mikah merger, and then he blasted it a hundred times deeper with his ten mega-ton decision to dump our best opportunities at real revenues. His management of SequestOx has been an unmitigated disaster from start to near-finish. From his first day on the job, his secrecy has been more about keeping shareholders in the dark than competitors. I can just imagine all the execs at other pharmas would have been absolutely suicidal had they learned in 2013 that Elite Pharma had just paid $10 million for 5 ANDA's for phentermine and 8 other antiques.
You want a specific request? Knock off the unfair self-dealing with Mikah, and get off your ass with SequestOx for starters. While you're doing that, try being straightforward with investors instead of the same cryptic bullshit call after call. You want new investors? Give them something to sink their teeth into. Suppressing negative opinions is useless. Give me the proper motivation for positive opinions. When I have something nice to say, I'll say it.
#FreeSequestOx
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