Replies to post #104 on Lion Biotechnologies Inc. (LBIO)

[bloodhound99]

Tony Generally doesn't get more than about 2 years with any company before its is dead in its tracks.

Something to ponder . When Theoerem and Bristol brought on Tony and Michael to head up the company, three officers/directors stepped aside to make way for the new regime.

Two of the officers/directors owned 1.5 million shares each of GNBP at that time valued well over 1.5 million dollars at $ 1.1 a share. .

One of the officers/directors "gave up" his 1.5 million shares for a $ 45,000 "consulting contract.

And more amazingly the other one "gave up" his 1.5 million shares for a $ 7,500 "consulting contract".

If the stock was really worth $ 1.10 a share why would they do this?

Do you think maybe Theorem or Bristol caught them in something and had pictures? Or can GNBP only get people that desperate/stupid when they are hiring upper management?