Replies to post #25457 on BioSante Pharmaceuticals, Inc. (BPAX)

[Just the facts maam]

Jeff, I agree that the bonuses don't make sense. But it appears ANI is rewarding their management for getting them to a position where they will be able to publicly trade their shares. I don't like that they are using our money to do it. I also agree that ethically it would be best if they waited until profits are generated. But ethics and publicly traded companies is a rare combination.

But I do like how Pryzbyl turned around Akorn and ANI, even if I am not a fan of the Bonus.

I also agree the valuation distortion is still prevalent. GVAX up to $4-$6 million, no problem let's reduce the Bio-T-gel valuations accordingly. Throwing darts at a board would give you more accurate results.

The game has been rigged to grossly reward CEO's - CEO of large Corporations use to make 30 times their average employee wage. Now they make about 300 times the average employee. This has created a sense of entitlement by CEO's at every level.

[QyQ]

Jeff,

I agreed. The bakery in town showed more value on ANI balance sheets. Asked yourself, if you owned a company or acting in the shareholders best interest, will you take up loan and pay Big bonuses to employees? The answer is NO.

I also can't withstand both company treat shareholders money as if its their own. Simes failed us, take money and run away. ANI could use Bpax cash to fund their operation which is more important instead pay big bonuses to their employees. A good ANI CEO will not do that because the company is not making money.

JTFM,

Both Bpax/ANI CEO had past good record. You like how Pryzbyl turned around Akorn and ANI. You like Simes turned ANI into SHIT? A good CEO will not take money from shareholders and pay BIG bonuses..