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porgyrusty

10/31/13 8:52 PM

#20038 RE: investorfreak69 #20036

87% off 52 week high. I want to see some pink slips, and not the $60k a year salesperson, some high up people need to get fired.
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raistthemage

10/31/13 9:05 PM

#20043 RE: investorfreak69 #20036

Lets see....a speculative mini bio company suing an agency from the most powerful government in the world?



Deep pockets, great reason to sue when you have a winning case and (while not a lawyer) I believe they have a winning case for multiple reasons.

1) The SPA is a contract (though there is some argument against this, I don't think a court will agree)

2) The FDA violated their own guidelines (even if they can conjure up some pseudoscientific excuse why the science changed) for breaking the SPA and cannot use paragraph D as an out.

3) That during this whole proceeding evidence of the corruption involved will surface

I thought you were implying the management was "got to" the same way the FDA has and won't file suit for that reason.

Do you have any evidence for this???
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wmjenkins3938

10/31/13 10:40 PM

#20055 RE: investorfreak69 #20036

That's is the problem, but that drug sales rep fought the FDA in court this year and won when they tried to stop him from promoting off label.