Replies to post #40868 on Ayala Pharmaceuticals Inc (ADXS)

[fbg0316]

Of course they won't. Silly and naive of anyone to suggest to them to do so. What are they going to say?

"We want to assure you since we have not released any negative material news there is no negative material news, because if there were we would have to disclose it. We believe the attack on the company has been related to shorts covering, as evidenced by the lower reported short interest in the last month. While we cannot comment specifically on the circumstances under which Dan O'Connor stepped down, all we can say is that the Board and Tony Lombardo are aligned with investors and under the new strategic direction there will be more fiscal responsibility exercised and a priority placed on creating shareholder value."

[Bourbon_on_my_cornflakes]

ADXS won't be issuing a PR stating everything is okay.

Thank God for that because it isn't. The Company is a rudderless, captainless scow at the mercy of the short winds. And six months away is the cash crunch iceberg. Pirate DOC was unceremoniously told to walk the plank. Interim Tony is asleep on the pooped deck.

Heck they cant even get the EMA filed with a bloated workforce of over 100, when they really should have about 30 employees. $10 million cash burn a month on WHAT???

If they said things were OK, I would be volunteering for lead plaintiff in the class action.

C'mon Tony, wake up and get the beech sold. The market has lost all confidence in existing management.