InvestorsHub Logo
Followers 375
Posts 16973
Boards Moderated 4
Alias Born 03/07/2014

Re: InvestorStemCell post# 5859

Tuesday, 03/11/2014 11:37:56 PM

Tuesday, March 11, 2014 11:37:56 PM

Post# of 106837
Investor- thanks, interesting read. I agree- the mgt at IPO boned it up about as bad as an IPO could have ever screwed the pooch. It seems like who's here now is the "clean up" team trying to salvage what they can as they all had money on the line. I knew of Marino of football fame being an early investor- that poor guy has lost boatloads of his net worth on more than one investment gone bad, lots of articles about it (like to many ex-pro ball players, sadly). And yes, I agree Murphy is the real deal, but as you stated- he's way up there in age, not sure how much more he's gonna be able to do for um? And Tomas, as the way I read it was installed as the Astri group had a lot invested going way back, saw the IPO all boned up and they had to get someone in their to try and recoup and salvage what they can. Still, they seem to be in the cash-squeeze and financial hurt locker no matter how you slice it- including a lot of old debt/loans hanging over their heads, unfortunately. So what's your read on the best scenario of how/if they ever dig out of this? And also- what's your take on why they seem to be diverging from the hard charging goal of FDA approval on a single product or two products- to now this shmattering of 3rd or 2nd world "medical tourism" and all the other "odd-ball" stuff (my words/opinion)? Any thoughts on that- they seem spread awfully thin for the number of people they have- just the phase III would seem like pulling a rabbit out of the magic hat. Lastly, so you're not troubled at all if you were to become or are a long term common shareholder that Northstar seemingly has been granted "lien/ownership" to essentially everything BHRT has or may ever have? That one really has me puzzled? As stated in my previous post- it's as if they could shutter/shut down BHRT if needed and then Northstar simply would get a clean slate, wipe the debt in BK court, own all the intellectual property, trials data, etc and could fire up under a new name the next day? Any take on that? Thanks.