Sorrento Therapeutics Inc (SRNE)

[FitzyP33]

For the record - Henry Ji completely and totally screwed the longs here while at the same time enriching himself.
There was nothing unforeseen here that couldn't be planned for. Having to sell stock to meet payroll is a very big clue. The CFO failed miserably too by not putting together a financial plan and making Henry do what was required to reign in the cost structure. This will be her last job. As a CFO having a public company BK on your resume is the kiss of death. No public company can touch her now. A friend may hire her, but that's all.
Oh, I wonder what "stay" incentive packages were given to executives? That's the next shoe to drop.