As of July at the DS hearing, the company agreed to add one additional BOD member 90 days after FDA approval of bavi. Per emails from Diaz, the company was not even close to FDA approval. So that should tell you their true motivation which was no oversight and continuation with the excessive BOD pay with the other provision in the DS settlement to "limit" the bod pay from over $500k to $400k. And Vice Chancellor Laster ripped them a new one for their greed.
Now Ronin jumps in the picture and all of a sudden PPHM finds that their BOD are scum bags and bring new people in.
Remember: Peregrine SK said they have a strategic plan and the plan is being followed it seems now...and Ronin hedge group REFUSED to listen to the plan as Peregrine offered them the opportunity. I say they refused because then they would be held liable if found trading on that info
I would scroll back in this post and one can watch Cramers video about how he tells Hedge Funds to flat out NEVER TELL THE TRUTH and combine that with naked shorting and hostile attempts being made, makes me wonder if this is all smoke and mirrors by Ronin hedge group friend, maybe they are upset that Jeanette Bleecker and Gerald Finken at CSM were court ordered to Pay Peregrine $600k due to the sabotage on Peregrine. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101170582
My memory isn't perfect but I don't remember anyone ever saying that this board deserved a raise. Are you fabricating facts again?? I just find it interesting that people from both sides are putting up cash and buying.Must be something of value hidden behind closed doors.