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Re: Lrich post# 398280

Sunday, 01/15/2023 10:33:24 PM

Sunday, January 15, 2023 10:33:24 PM

Post# of 426330
Lrich
“the leadership team remains largely intact.”

They have REPLACED 75% OF BOTH THE BOARD AND THE EXECUTIVES IN THE PAST 18 months

FFS!!! This whole board is so blinded by the current SP they can’t see reality

KM came in less than 18 months ago, immediately started slashing expenses (fired half the sales force, cancelled the 100M TV ad campaign) made exclusivity deals to hold onto 60% of the market (that NEVER HAPPENS WHEN GENERICS SHOW UP) and turned the company’s focus to building EU while conserving cash. 170 Euros from the UK and Sweden. Cut all staff and left Germany when it was clear they weren’t using science to decide on coverage.

What does Denner offer? A well known name and a giant “For sale at a discount, no offer will be refused” sign.

The only thing anyone has said Denner is going to do is “raise the SP and sell the company”. No shit but that is not a business plan that signifies any real change to what THE NEW F$$KING BOARD AND NEW MANAGEMENT are doing.

Tired of the same whining and crying about how the new guys are responsible for the past guys deeds.

I will check back in a month or 2

GL
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