"Management is apparently interested in keeping their cushy salaries going forward and a takeover by LFB would offer them that prerogative probably."
An assumption at best
And why would we want to only sell the IP at ".60 or better"???? Is that all this is really worth to you? Are you so angry that you don't have what you thought you'd have NOW that you can't see that this has always been about long term!!! Do all of us a favor Croug and move on...Meade and company have been at this for decades, for a couple of them it is their lifes work...and you think they are worried about a depressed stock price! Get real man and focus on what needs to be focused on...
We are seeing the markets in some of the most depressed times in over 70 years, GTCB is trying to bring a drug to the market (and they are months away) that has never been done in way that is Taboo to most and worrisome to Big Pharm and you want them to sell out for .60...wake up!!! All of you, wake up and get over your selves...
Granted, they have underestimated the time/money it takes to do something like this, but to believe they are going to sell out is absolutely ridiculous. At least this financing would get us to see what a favorable FDA decision would do, it's on the doorstep, and you give up now...it's sad, actually, but it does not surprise me because at the core of most traders is impatience and the belief that they actually matter.
Sorry, but the only thing that matters here is that FDA approval. Is that not what we have all been waiting for? That is what they are all about? Sure, could they have brought a drug that could have made more money? Yes, of course, but I believe they're plan of action was sound - bring a drug that meets an unmet medical need and on it's back is the money - their production platform, the technology. That is where the money is and why I believe they are so stubbornly not selling out or giving the farm away with $90 million dollar deals. I wouldn't having what they have...but we say they should, because we stair at OUR computer screens and see OUR money slipping away...I'm watching it too, but to lose sight of what is really at stake here would be impatient, foolish, and self destructive.
Decide what the facts are for yourselves...but stop making assumptions about what they want. I think it's pretty obvious what they want. They've worked on this for more years than most have us have known about them and you think they want to be bought out or sell out?!? It's obvious to me what side of this equation is short sighted...OURS. Come on people, we are at the doorstep...let's make sure they get that FDA approval and see what happens...that is what we have all been waiting for...not ATRYN, the approval and validation of their entire technology and platform...that should be our focus and getting there should be our united goal. and anything we do to impede that will be at our own detriment...we are almost there!!!
Everyone just needs to put their anger and egotism to rest and be patient...go back over their history, they are, so I think we should be
AI
Market Data 
Markets 
