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kabunushi

03/03/16 11:14 AM

#55854 RE: OutsideLane #55849

LG claimed that is not active on this deal. I'm not naive enough to automatically believe that, but if their shares instead of cash for invoices dealings with Cognate ended, which they clearly did when the shares ran over $4, then those agreements may well have been terminated and should have been if the board has anybody with brains who is not totally under LP's control. That would not be considered material in and of itself so no need to specifically announce it.

You can believe whatever conspiracy to plunder you want but I don't think LG is lying through his teeth. And also btw the mfn would mean nothing at all if NW bid the price over $4, which he should do if the treatment works and is likely to get approved. But I'm sure your theory is that LP is and will continue to deliberately leak tons of value by selling shares to outsiders at sub $2 when she knows they're worth $20, just so she can get everything for herself and screw all the other shareholders. Because her greed is endless. Sheesh.