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Franken-vestor

06/05/19 9:35 PM

#13252 RE: myjo #13251

Interesting and curious at the same time.... Why hasn't the BOD fired this "F and I" CEO after these few short years if he is all that "F and I"? Why would this "F and I" CEO even make this announcement? Anyone with a clue knew all these things a month ago that Gene, the "F and I" CEO, put out today. Is funding at the end of August when the "tick-tock clock" is ticking for CH.7 at the end of July, folding for good, called here by someone, all while the "tick-tock clock" is ticking???? Weird at best. Could this PR be to get attention? Maybe Gene is job-hunting and needs to fill his resume? "Tick-tock, tick-tock, end-of-July" is rapidly approaching, end of "tick-tock July" just 7 weeks yet others who may or not be 'in-touch' with 'F-and-I" CEO state otherwise? Weird, at best. Maybe time to do that whole apartheid divesture thing, go to blue chips and abandon the MB? Not quite sure? Any opinions?

WiseTrader55

06/06/19 12:13 AM

#13253 RE: myjo #13251

He hasn’t been paid a salary in over 2 years....

GetSeriousOK

06/06/19 11:55 AM

#13258 RE: myjo #13251

I don't blame the CEO. He came on board after the FDA sank the ship. He's been bailing water ever since -- at least he's managed to keep the ship afloat.

I've seen biotech CEO's just throw in the towel and close the doors. A zombie biotech is better than having the doors close.