Replies to post #13384 on Sorrento Therapeutics Inc (SRNE)

[nsomniyak]

I would love to see SRNE get bought out, but I don't think your reasoning holds up.

MAYBE the chief counsel starts looking around if he knows the company will be bought. More likely not, as if there were a buyout he would be involved in constructing and reviewing all the pertinent documents, and doing that would be the kind of thing that would look very good on hi resume going forward.

As for the CFO, I seriously doubt that he would still be living whether or not there was a BO in the works.

The bigger question there is what is keeping Ji from hiring a new CFO. I doubt it is a combination of a BO on the table and the hubris to think he can handle the financial side of a BO alone along with everything else on his plate.