I was at the doctors and shopping to get a clean bill of health and improve my wardrobe to coincide with the glitz and glam of Dubai before I move their in 2.5 weeks.
Anyways.... I usually would not post this... but whatever...
I figure it's worth peoples read...
From: Harry Palmin [mailto:hpalmin@novelos.com]
Sent: Monday, March 28, 2011 2:01 PM
To: XXXXX, XXXXX
Cc: slichaw@novelos.com
Subject: RE: NVLT Update 3.1.2011
Hello XXXXX,
I cannot comment beyond publicly available information. We continue to work diligently on implementing the third step of the rebuilding process.
Best,
Harry
________________________________________
From: XXXXX, XXXXX [mailto:XXXXX@XXXX.com]
Sent: Monday, March 28, 2011 1:33 PM
To: Harry Palmin
Cc: slichaw@novelos.com; Steve Lichaw/Cayuga Advisors
Subject: RE: NVLT Update 3.1.2011
Harry,
Thanks. Always good to reaffirm your position.
I’m trying my best to stave away from the daily movements regarding the share price. I believe it is currently indicative of technical trading/market manipulation – the short interest is very high (reaching 89% on last Friday’s trading session); therefore, do not believe it accurately depict future advances/information.
Do you anticipate any press releases prior to 3/31/11 – the due date for the 10-K and additionally, do you expect an extension to be filed based on the current situation at Novelos (i.e. potential negotiations for new funding/acquisition or merger etc…). Per previous e-mails, your team has been able to accomplish the first 2 of the 3 steps within the rebuilding process. Third step being the most difficult (capital raises/product acquisition), but given your Wall Street roots and Stephen Lichaws restructuring, turnaround, M&A and capital raises background – I figure it’s only a matter of time, not if but when.
XXXXX XXXXX
XXXX
From: Harry Palmin [mailto:hpalmin@novelos.com]
Sent: Thursday, March 24, 2011 7:25 PM
To: XXXXX, XXXXX
Cc: slichaw@novelos.com; 'Steve Lichaw/Cayuga Advisors'
Subject: RE: NVLT Update 3.1.2011
Hi XXXXX,
I have not sold any equity shares of Novelos, before or since NOV-002 failed Ph3 in NSCLC.
Best,
Harry
________________________________________
From: XXXXX, XXXXX [mailto:XXXXX@XXXX.com]
Sent: Thursday, March 24, 2011 10:28 AM
To: Harry Palmin
Cc: slichaw@novelos.com; Steve Lichaw/Cayuga Advisors
Subject: RE: NVLT Update 3.1.2011
Harry,
Just want to reconfirm whether you have sold any equity shares since the Phase III failure. Price movement – specifically currently (33.33% drop from yesterdays close) currently at .012 with 512K in volume has me irked.
Any guidance – even the slightest bit here?
XXXXX XXXXX
XXXX
From: Steve Lichaw/Cayuga Advisors [mailto:selichaw@yahoo.com]
Sent: Wednesday, March 23, 2011 12:27 PM
To: XXXXX, XXXXX; Harry Palmin
Cc: slichaw@novelos.com
Subject: Re: NVLT Update 3.1.2011
Nice write up, thanks
Steve Lichaw
201-240-3200
________________________________________
From: "XXXXX, XXXXX" <XXXXX@XXXX.com>
To: Harry Palmin <hpalmin@novelos.com>
Cc: slichaw@novelos.com
Sent: Wed, March 23, 2011 12:23:38 PM
Subject: RE: NVLT Update 3.1.2011
Ok thanks.
Not sure if you’re aware but NOV-002 was mentioned in the following article relating to breast cancer today (3/23/11).
Latest regarding the Women’s Health
XXXXX XXXXX
XXXX
From: Harry Palmin [mailto:hpalmin@novelos.com]
Sent: Monday, March 21, 2011 11:18 AM
To: XXXXX, XXXXX
Cc: slichaw@novelos.com
Subject: RE: NVLT Update 3.1.2011
The filing requirement for 10K is by March 31.
________________________________________
From: XXXXX, XXXXX [mailto:XXXXX@XXXX.com]
Sent: Monday, March 21, 2011 11:14 AM
To: Harry Palmin
Cc: slichaw@novelos.com
Subject: RE: NVLT Update 3.1.2011
Thanks Harry.
Just wanted to know when the 10K is slated to be released.
Thanks.
XXXXX XXXXX