That is the million dollar question. Time is ticking and our price does not bode well for getting it done without a slaughter to both price and outstanding shares. The big KOL was a dud. Funny how two of the limited few to ask questions, were from outfits vying for a piece of the raise pie. Our BIG analysts. But who cares, they put a $3.50 to $4 target. Wow a 5 bagger any moment now.
Quite the conundrum for our rookie bobbleheads. Letting people go, only reduces the cash on hand as the severance pay in Israel is pretty substantial. Many have been there for quite a number of years. One month salary per year of employment. With 180 or so employees, that can add up to a pretty hefty chunk of change. They have $870k in the severance pay fund. Don’t think that will cut it if the contingency plan comes into effect.
It still boggles my mind how a company with 2 phase 3’s, ARS, and the biggest baddest 3D bioreactor the world has ever seen, is sitting in the 70 cent range. Their results seem to be ok at least. Nothing earth shattering, but definitely positive.
It’s been a slow and painful demise of this once promising company. Only a glimmer of hope remains. But one way or another, I think the end is near. I really can’t imagine the goon squad running this thing to zero. They have too many gifted shares to let this happen. They are ALL about the cash. I personally think there will be some sort of buyout. Not for $10 billion or even $1 billion. I would think in the $300 mil to half a billion range. The goon squad couldn’t find a partner for the life of them, so I’m sure they will be just as brilliant in this possibility.
This does go to zero though, and it’s squarely on the original twin and his utter incompetence to run a company. Could care less how much money he milked from this pig, he would be a complete fool and failure. Just like all his past endeavours. Karma hopefully would come his way.
But either way, I truly want this to end. It would all be worth it with the buyout price I mentioned. And if we hit zero, I’d be happy to never have to read any more beliebers on this board. Would almost be worth it to see those who claim 200K to lose it all. And definitely be worth it to see those millions of shares to all the goons in the company become worthless. With how they have deceived the shareholders they work for, and the iron wall of transparency they have given us over the years, not a single one of them deserve to get any more than they have gotten already. Don’t care if they sold it for $10 billion. These guys have done such a disservice for their shareholders, they will always be scum in my eyes.
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