What if that statement read "ronin wants as much value as shareholders feel comfortable and will accept AND more"
The Stafford connection to those companies who could potentially have the key to making their products much more effective and safer through the PPHM IP is not a fantasy.
I do like Ronin coming in but their wording has left them open to this kind of conspiracy theory angles.
Heck, the Ronin group could have promised licensing/ownership to several companies already with future perks.
Do I say this as a definitive statement? NO Is it impossible? NO
Ronin stating that they want to monetize a failure does not sit well..
Ronins letter should have been a little lighter on the failure angle and stronger on the possible potential under experienced stewardship angle.
Failed Biologic for Sale...Get your Failed Biologic for the IO field here...Hasn't shown any promise but we'll sell it to you!!! FAILED BIOLOGIC FOR SALE....Get it While It's NOT.
My concern is Pohl is just a puppet on a bad BOD who 286 shares mean nothing to how he votes one way or another.
Ronin's BOD will vote the way he wants and at $10 a share he makes a lot of money while most of us don't.
I would like to see a BOD independent and tied to no one. Let Dart, UTSW, Ronin, and ES (if necessary) each choose a highly qualified BOD member that will act in SHs best interest whatever that brings whether it results in $10 or 50 a share.
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