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Innovation Pharmaceuticals IPIX
Posted On: 03/31/2016 11:56:04 AM
Post# of 72447
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Posted By: Drano
Re: takingabath #20913
I agree with TaB, and I again re-post below the comment I put on the SA article this morning. Does anyone really think that a person would rather remain as a non-contract employee at a company, rather than be the head guy doing his own research at a start-up which, if successful, could make him a multi-multi-millionaire, if not billionaire? Dr. J made a good career move.

Quote:
I take this at face value, and it it NOT a negative reflection on CTIX.

If someone has a chance to be in on the ground floor in a new company which is in their area of research interest, it makes perfect sense for them to take what might be a once-in-a-lifetime opportunity. Dr. Jorgenson probably already has a ton of CTIX stock and/or options, so why oversee someone else's research when you can become the head guy elsewhere? In fact, he might be feeling confident of taking a financial risk (going to a privately-held, unknown quantity company to START UP some research) precisely because he knows that he's going to have plenty of money from his CTIX stock/options.














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