yes to see where Helicos assets have gone...you will have to look through future Illumina and Life sciences filings to see the revenue generated....oh and while you are at it look at the former office neighbours (right across the hall) of Helicos...FMI on Nasdaq...JP morgan took these guys public this past year...then look at the chp 11 bankruptcy filings and watch how long the process takes...statute of limitations for financial fraud is what five years? (JPM and other naked shorters are almost out of the woods)
you would think this bankuptcy was as complex as an airlines chp 11 what with all the unions etc etc but no what we see here is feet dragging, deflection and slow torture for existing shareholders who are out of luck and have but a slivers chance of redemption thats assuming the courts and the sec approve the remaining asset sale to an helicos employee(who has the money)...think about that they were struggling to raise capital and all they had to do was send an inter office memo andf they would have been fine...
this deal stinks the people behind this deal stink wall street stinks the regulators stink Brown Ruddic stinks (oh I didnt know we put w lien on all of their IP assets when in reality it should have been the assets that the law firm was engaged to work on.... the seat warmer CEOs thaqt did absol;utley nothing and were just paid to dim the lights...
in the mafia world this scam is called the bust out....take and take and take until nothing is left then strip away whats left of value and move on all the while everyone involved gets paid and gets cushy new jobs or access to capital to finance their next great science experiment
and all of us got a very valuable MBA lesson from Harvard/ MIT lecturers and graduates and other cambridge Mass area VCs on how to raise over $150 million dollars over the course of HLCS NASDAQ life (7 years ago ipo 4 to 5 years ago monkey business started to set in) and then when completed how to transfer and strip the assets/IP out of the company via CHP 11 bankruptcy all squeky clean and legal like...
News 
Market Data 
Discover 
