Saturday, June 06, 2009 12:39:25 PM
You are a creative and intelligent man. Nice analogy, not sure how you have trouble investing with such knowledge and imagination.
I see it as this, rather than a toast to Cor, raising our glasses to Cor in a private suite in Vegas, Cor has instead delivered us a toast but it is of the burnt bread variety.
The nay sayers appear to be right, management failed to delivery again on a timely fashion at the most critical of moments, focusing in on a direction they thought was to save the company but has instead delivered historical SP lows to its shareholders. So to mf4, haysaw, ombow, patco, iggs(not understanding the change of heart), naked, blatch, and the rest, it took some time but it appears you guys ultimately predicted Cor's fate better than the rest.
Cor's team has tortured far to many a primate throughout this roller coaster ride, including myself, and if they do another pipe to extend their paychecks and prolong the inevitable, they are not only monkey killers they are criminal. Their concern a this point needs to be 100% with the shareholders who have stayed long with this company through out all the bad luck and bullshit excuses. I mean they made a great living through out the years, why did they elect not to draw a wage at these critical times to extend cash, get through the SA trials, and then deliver more options to themselves to make up for the salaries on the sale of the company if SA data is bad. If SA data is good, without the paychecks draining cash, they should have ample time to close a deal and offer themselves bonuses once it is inked. Yeah I know in a dream world... no one works for free. It's strange to me that the scientists stated that the SA trials should be far easier, more direct and more predictable on a timeline basis than RD, yet we hear the same old crap. I thought this was going to be a quick and dirty trial with or without obvious poc, laying the groundwork for the near future of this company. Well, I'll play the fool on this one. No more pipes, no more carrots, no more free lunch for management. Four words, SELL THE COMPANY NOW, if there is value here it will take obvious others to bring it market. Good luck finding new jobs guys, then again they were all near retirement anyway. I guess I feel a bit sorry for the new hired talent, they got pulled into the fire with the rest of us. My question of the day, How do you turn $500,000 into $90,000... take a position in Cortex Pharmaceuticals, believe what management tells you and chase it all the way down to bupkis like a brain dead monkey. A story for my next class reunion. Well have a good one fellas, this board is certainly full of intelligence just not my cup of tea. Good luck and thanks for the memories. Closure. F4T out.
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