Saturday, April 16, 2011 1:56:20 PM
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7546361
Cobroxin sales were cut in half and NPHC finally dismissed XCHO.
What the heck was Rik waiting for one might ask? After all, even if the two companies settled on some low amount, the settlement would surely be dwarfed by any replacement deal with a reputable well capitalized company. The answer is simple. No good company would ever step up to the plate to invest enough capital and expertise to get the job done right. So Rik stalled and stalled always using Frank as his excuse. Now Rik has no money to speak of, so Frank can't collect anything even if he tried to sue.
So Rik is in a worse place now than ever before. His long shot experiment with Frank has failed. He has no money and a track record of failure. What company in their right mind is going to foot the bill and do the job now?
Henry Schein, Mountain climbers, products for the elderly are just tiny smokescreens designed to distract investyors from the truth.
It is OVA.
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