Sorrento Therapeutics Inc (SRNE)

[Andecker]

Back in 2008-9, the company I had been at for 10 years ran in to a very rough spot. Everything was down sales, profits, etc. not unlike the last 22 months (or should I say up; inflation, costs, fuel, raw materials) - any who, the owner requested that all 55 employees take a 20% pay cut - including himself and the other co-owner.

This person was a leader. They both even turned in the 2 expensive Volvo company cars for Chevy Malibus!

How does this apply to our situation at the big SRNE ranch? We've run in to that very rough spot too. But what has our leader done? Has he taken as much as he could? Was his compensation package millions of dollars last year while the longs were burned at the stake? Yup. Take as much as you can while you can get it is not a good business model in my opinion. But then again, I am not the CEO of a BK. Weren't we suppose to be worth billions by this point?

Been here since 2015. Not a basher - just pissed. Really pissed. Patience they say in biotech. Everything has been a lie to date. Shorts will get burned we were warned by JI! What about or golden hamsters, fortune bio, Darpa, Virex - the company from Boston we bought, Mayo, all the money we sunk in to the Chinese virus, why were we hiring people in GA, our library of genome codes, Brazil study, UK study, what the hell did we hire Tommy Thompson for?! Do we know what his role is? What's he done?

Yup - lost unrealized 200k+ on this pooch - I am pissed. I hope I eat crow soon and all of you can give me a huge "I told you so!". Would love it.

What ever happened to 1776?
Signed Andecker.