Anavex Life Sciences Corp (AVXL)

[tootalljones]

The new Business Plan: terminate Missiling with much sincere appreciation. When he came on over a decade ago, the share price was 4 bucks, and the company had 12 million in cash. Now the share price is up more than 75% and the company has over 100 million in the bank. Give him a 1 million dollar bonus for doing a good job and a box of new steak knives. Fire 90% of the current employees immediately, and shut down all the trials, including 371. Tell the people that unfortunately it is unlikely or highly unlikely that the anavex drugs will ever get approved, and therefore, it makes no sense for them to stay in the program. Tell them the BOD has decided to "go in another direction." Keep the top 5 minds, and hire the 30 new bird dogs I just mentioned, and get and stay small until you close on the one or two new targeted drugs to purchase. Give all employees who are being let go a set of new shiny steak knives. Tell them it was that or the company was en route to go bust. That you have an obligation to the company owners. That the dead wood is all being let go.....that Alzheimers is a bad seed. Tell them anything you want but that they are fired. Give them the steak knives and wish them well.
Tell them Anavex is a private company and it cannot afford to waste any more money and effort and then just slam new shares down the throats of the owners.

Tell them you are from Mitch and Murray and that this is actually a mission of mercy.

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