VistaGen Therapeutics Inc (VTGN)

[Investman432]

Desperate times drive some CEOs to do desperate things. John DeLorean dealt coke to raise money for his car company. Singh is caught in a bad place, but his biggest issue is making payroll. How has the company addressed its cash deficit during 2013? There is only so long a company can survive on fumes and promises. I suspect VSTA has reverted to bare bones IP platform with little if any actual operations.

These past eight week, Singh has had plenty of time to properly size up BGMO --- yet somehow he has confidence there will be closing in June. This means he is in denial of reality and should not be running a company. You have to admit, Herzog must be one helluva good liar to keep rolling Singh and Platinum after three air balls.