There is nothing new here. A PR on a settlement that had already been agreed on is not a victory. Management is still acted in an incompetent and potentially illegal manner.
Management put us on the greys by not doing the the proper filings and kept us there by wasting our money on a frivolous suet when they should have been doing SEC filings.
They praise an attorney -Storm - whose actions at the shareholder forum border on malpractice.
They hold a shareholder forum, disregarding the advice of their own lawyers, that where they say nothing and effectively reduce the share price by fifty percent.
And now, because they announce something that we all suspected was already done (since Turrini already claimed the settlement was executed), all is supposed to be forgiven?
I think not.
And this is just in the last six months. If we go back further we have Baxter patent debacle and the Acacia deal that was bragged on but was never completed. Come to think of it, in five years management has never managed to get a deal, period.
The Baxter patent deal got Turrini fired and I suspect, if the truth were revealed, has the potential of landing him in jail.
But they did manage to almost lose the patent.
No, this PR is meaningless.
AI
