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Re: coldasice post# 4535

Wednesday, 11/18/2009 5:42:49 PM

Wednesday, November 18, 2009 5:42:49 PM

Post# of 12137
Cryoport, always to go to see you on the board!

I don't know why the technology keeps getting thrown under the bus. I believe the business model is good but it has been a lack competent management. PB did great things but generally your engineer is not going to be business savy enough to negotiate deals with seasoned executives, expecially if your are talking about FedEx and Quintiles, very, very large corporations. You need a seasoned executive also.

Lucky...maybe but it's not like we..well I hope it's not like you threw a dart it happened to be cryogenic shippers for the biopharmaceutical industry. It is a product that the industry is headed towards and is not currently offered cost effectively, so IMO, (which I believe is what you are saying)the success of the business model isn't lucky but the way, if it is successful, it got there is LUCKY! A tiny, heavily in debt striking a deal simulatneously with FedEx and large CRO's....Larry is going to need great skill and have a bit luck.
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