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DewDiligence

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DewDiligence

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Re: xrymd post# 66163

Friday, 07/17/2009 12:50:07 AM

Friday, July 17, 2009 12:50:07 AM

Post# of 251789
BPUR files for bankruptcy:

http://finance.yahoo.com/news/Biopure-Files-Voluntary-prnews-3956889618.html?x=0&.v=1

If the proposed OPK Biotech LLC transaction closes, Biopure expects that there will be limited, if any, value for the common stockholders in the bankruptcy liquidation process

No kidding.

By any account, BPUR was one of the biggest scams in biotech history. One former executive even faked having terminal cancer to try to avert prosecution by the SEC (#msg-36215977).


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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