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12/31/14 12:11 PM

#201032 RE: skweze #201027

How can in March 2014, the CEO's MAIN INTEREST was in Partnering their Bavituximab Program and yet have nothing come to "Fruition"?

In addition to the CEO's MAIN INTEREST.. Steve Worsley "hit the ground running since joining" Peregrine and was "active on all fronts". The CEO also stated that he has "seen a high level of interest from potential partners".

Over the last 2 years, I have been invested in Peregrine. I have arrived at the conclusion that what is said during the CC's MEAN ABSOLUTELY NOTHING. Furthermore, Management must know that they are NEVER HELD Accountable for anything they say.

Some of my OPINIONS:

1. Steve King must know that he does not have to meet any expectations for anything he spouts during the CC's because in the end, he will get his SALARY, BONUSES and STIPENDS.

2. Words being used to convey Partnership Interest are inaccurately conveying the interest level. Maybe Peregrine should invest in a Websters Dictionary.