Yes and looks like the BODs have fiduciary duty to other CDMOs as well
Patrick Walsh just became CEO of TriPharm Services CDMO in NC and guess who a BOD is ... Mark Bamforth
Mark Bamforth just became CEO to Arranta CDMO
...other conflicts of interest as well ...so do they divert business elsewhere or part of another game plan
Patrick Walsh persuaded over to Ampersand and these ones should be tossed off the BOD as all should be voicing their concerns
Here is a nugget: Why did Michael Faughnan leave Avid ?
I guess he could only get a job at GPP Great Point Partner backed Bionova Scientific CDMO
There is an open file with SEC / DOJ / FBI and the current BOD have explained nothing to us ...all should file complaints on the entire maneuver with all what is going on
Remember Great Point Partner also backed Gerald Finken CEO to CSM that sabotaged Peregrine Pharmaceuticals with Jeanette Bleecker and GPP also backed Serametrix ( ties with Dr Jedd Wolchok ) and parent company of Caprion Proteomics
There is so much more so the more complaints filed the weak links will get squeezed
Unless CP is correct and all is clean now but take no chances I say ...because the current BODs have more CDMOs they are shuffling business with that is a big problem
The stock move down was manufactured and they don't want other IIS to be aware of what is going on as all positive news being held back