Izler, it's so simple. Don't forget that Saviant went down to 48 cents facing death in BK, last Q ER showed finally some improvement.
I was one of the lucky ones to jump in. I posted here heads up at the time it was at .70.
That company is basically one trick pony, with rather limited market of patients while BPAX has tremendous portfolio.
I was following them for simple reason that I have gout.
Another difference between these two Co. They kicked out inept CEO, putting in charge person with strong marketing orientation.
I'm repeating myself like broken record our CEO and BOD is worthless, damaging to otherwise promising Company.
I tall you these sob's should not give the company away, instead bring new management that would know what to do.
Every fruit of longtime research was practically given away for some peanuts royalty's we haven't seen in coming yet, Libi study proved really armature capabilities of BPAX, Now Company still has a lot of cash and they want to give it away also?????
Company needs a bald CEO to take libi all the way, to tell you the truth I wouldn't mind secondary stock issue to raise more money but stick to the plan.
I dont want to be an asshole but ........what they gonna do with that $850k packaging machine? sell it on Ebay or Craiglist?
Maybe Pete could find some use for it at his farm.
Maybe I'm still giving to much credit to management by expecting that merger wont happen, we'll see very soon.
AI
