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Re: needprofit post# 24808

Saturday, 01/02/2010 11:17:23 PM

Saturday, January 02, 2010 11:17:23 PM

Post# of 30387
NeedProfit stated: "The names JNJ and Roche were said to be possible candidates as a replacement. Berger said he does not think Abbott understands what hey have."

Possible candidates? Well, the problem with that is taking over a year for any large company to sign a license agreement. Those guys doo't even walk, they CRAWL.

I personally think Abbott knows well what they got in RECAF and Abbott management did not like it. Point in case. Read the post by Dew Diligence where he stated that his contact at Abbott said that Moro had inflated the performance of RECAF.

I also disagree that Burger is running the company. You cannot do that working 40 hours a month (1/4 time). Also Moro would not stand for anyone taking over. Moro runs the show. IMO, Burger may have gotten himself into a bit of a mess. Statements he made in the presentation have turned out to not be true in the amended filings. Whose fault is that?

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