Opko Health Inc (OPK)

[homeboy]

I agree. Sent this last Wednesday to management:

CFO

“Probably my last message, but wanted you to hear my perspective. The recent note issue was a win/win for Dr. Frost. He either gets interest and his balance back or shares at a low price. Win/win for him.

We are currently in one of the greatest bull markets of all time and if Trump wins it will continue I believe. OPKO has not participated. Why is that…see suggestions.

What is the cause to watch a stock go from near 20 to under a dollar?? Poorly managed. Dr. Frost has the financial ammo to just have fun with OPKO. I understand running at a deficit for a while, but we are at year 17!!! Whoever the CFO is should be fired in my opinion. Doesn’t he make nearly a million a year? It’s his job to come up with suggestions to keep the company financially healthy. Replacing him for half his salary would not be too difficult. What does he do besides inputting numbers to a spreadsheet and attend four conference calls a year? Please send his job description.

Does he look out for the best interest of other shareholders? The company and its share price could be higher with a profit of 15% on an annual basis. I was in business and we hit our goal every year for 20 years. Never less than 15%. When we had inclement weather we delivered to peoples’ homes for a fee on snowmobiles. We did whatever it takes as the expression goes.

So, how does one achieve this??? Grow the business of course. Reduce employee count and become streamlined, efficient. Look at salaries and benefits. Is there a protocol how employees address patients? Look at Chick-Fil-A. Trained very well. Look at Enterprise rent a car. Trained very well. Emulate others when appropriate. The CEO of Costco visits every Costco every year. Do employees know what is expected of them? At those businesses you can see what is expected of them.

Pass along to the CFO and the CEO please. What I expect of the CEO and CFO-Do your job for shareholders and not just for yourselves. It is your fiduciary obligation.

Have a great day!”