Encorium Group Inc (fka ENCO)

[thesmalls]

i ended up selling just under 20K in december of last year for the loss. i still hold close to 50K. this was by far the biggest loss i ever had. the way the largest shareholder was plowing money into this made me think they were on the verge of shaking the monkey.

i was not a fan of their M&A activity once Borrow (former CEO) was forced out. looking back i should have been easing out when the other major shareholders were bailing while the primary was doubling down.

that being said - they still had significant contracts and pipeline when they declared BK. i have been trying to research what became of these as it seems that the company could reemerge due to the IP around clinical trial studies.