No argument that at first glance the pipeline and
Post# of 30066
Posted On: 01/13/2016 10:40:44 PM
No argument that at first glance the pipeline and portfolio look amazing. What has disturbed me and others is where is the Non toxic financing???
We have had zero since the MJFF, no partners, and no grants, they have been alluded to for years now but nothing has come to fruition.
Off shore toxic debt is all GC has found and they have punished this company at every chance for it.
I understand that with fledgling biotechs financing is always a struggle but when the CEO talks of revenues, partners and deals in the short term and nothing happens it destroys his credibility.
The most recent examples, 50k for AAIC last year, big meetings in China, European meetings, and the JPM 16 conference.
I've learned to temper my expectations whenever something upcoming is hyped by GC. I consider him a amazing snake oil salesman. My investment has been destroyed since the RS from strength and I will not in good conscience throw good money after bad until this company has earned some actual credibility?
We have had zero since the MJFF, no partners, and no grants, they have been alluded to for years now but nothing has come to fruition.
Off shore toxic debt is all GC has found and they have punished this company at every chance for it.
I understand that with fledgling biotechs financing is always a struggle but when the CEO talks of revenues, partners and deals in the short term and nothing happens it destroys his credibility.
The most recent examples, 50k for AAIC last year, big meetings in China, European meetings, and the JPM 16 conference.
I've learned to temper my expectations whenever something upcoming is hyped by GC. I consider him a amazing snake oil salesman. My investment has been destroyed since the RS from strength and I will not in good conscience throw good money after bad until this company has earned some actual credibility?
(0)
(0)