I hope it's not bull .
Wildcat Capital Issues Letter to Board of Sorrento Therapeutics
Demonstrates that Sorrento CEO, Management and Board are Destroying Significant Shareholder Value by Failing to Properly Manage Company Operations and Assets
Believes Management and Board Have Engaged in Multiple Transactions that Reflect Blatant Conflicts-of-Interest and Self-Dealing
Calls on Board To Replace CEO, Terminate Financing Transactions and Initiate a Sale Process for the Company
https://www.prnewswire.com/news-rele...300264326.htmlAs set forth more fully herein, three serious issues have come to light that expose the failure of Dr. Ji and the Board to properly manage the Company, as well as the intentional waste and diversion of Company assets. First, over the past several months, the Company has been acquiring and/or transferring assets to newly created wholly-owned subsidiaries and then issuing significant amounts of those subsidiaries' shares back to the Company's executive officers and Directors through significant grants of options, and warrants for Class B super-voting stock, all exercisable for nominal consideration, thereby engineering a personal benefit for such officers and Directors at the direct expense of the Company and its shareholders.
TSA![]()
![]()
![]()
![]()
![]()
![]()
![]()
Skeezy CEO in trouble with his investors for financial shinanegans makes absurd miracle claim on fox news, and you stupid mother ers buy it, hook, line, and sinker.![]()
Last edited by RandomGuy; 05-15-2020 at 03:18 PM.
I hope it's not bull .
I wonder how difficult it is to fight off an SEC investigation for making material false claims in public about your company.
Let's see the science, before buying into this.
What evidence do you have right now that this works? Serious question.
I would be willing to bet it is total bull . But hey, I hope so too.
Figure the odds that a company engaging in some questionable financing and material self-dealing suddenly has the trillion dollar miracle cure for the pandemic of the century.
Need a lot more than the CEO's claims on Fox "news"
I don't have any evidence that this works. Settle down.
Can't wait for that. popcorn.gif
A treatment, not a vaccine
UHN-U of T-led study shows antiviral drug can speed up recovery of COVID-19 patient
International research shows for the first time that
interferon-α2b
improves virus clearance and decreases levels of inflammatory markers
shown for the first time that an antiviral drug can help speed up the recovery of COVID-19 patients.
treatment with interferon(IFN)- α2b may significantly accelerate virus clearance and reduce levels of inflammatory proteins in COVID-19 patients.
"Interferons have been approved for clinical use for many years, so the strategy would be to 'repurpose' them for severe acute virus infections."
Interferons are a group of signaling proteins released by the human body in response to all viruses. As Dr. Fish explains, they are a "first line of defense."
They target different stages of a virus's life cycle, inhibiting them from multiplying.
They also boost an immune response by activating different immune cells to clear an infection. Some viruses, however, can block this natural defense mechanism.
"But it is possible to override this block.
If a virus blocks interferon production, then treating with interferon can offset this."
https://www.eurekalert.org/pub_releases/2020-05/uhn-u-u051420.php
Last edited by boutons_deux; 05-15-2020 at 02:57 PM.
No we do not. We do have a lot of reasons to be skeptical. This is an example of where you consider the source of a claim, size of the claim, and require a lot of solid evidence before accepting it.
Last edited by RandomGuy; 05-15-2020 at 02:51 PM. Reason: rule one
just go by the Faucci rule nigas
“there will be no miracle cure for this”
all the rest is Bull
you will thank me later
IFNα2b: Human Interferon-alpha-2b
https://cellapplications.com/ifn-2b-human-interferon-alpha-2b
It wasn't an exclusive. The stock market reacted before Fox said anything. Perhaps some insider trading. Either way, I feel these announcements are just brief attempts to raise stock prices of these company so their shareholders can cash out. If it's legit, that'll be a pleasant surprise, but these kind of announcements typically don't go through outlets like Fox.
Damn RG. I thought you would like the Elizabeth Holmes reference.
I was told about it before the Fox article by a friend in San Diego who works at Inovio Pharmaceuticals so it's definitely not a Fox News exclusive.
Gilead to end coronavirus drug trials,
adding to access worry
Gilead Sciences Inc’s two clinical studies of its potential coronavirus treatment remdesivir will wind down by the end of May, closing off a path of patient access to the antiviral medication
Gilead told Tufts it is transitioning to product distribution under the emergency use authorization.
Gilead, which has pledged to donate 1.5 million vials of remdesivir to fight the global pandemic, did not respond to requests for comment.
The drug is administered by infusion in hospital.
https://www.reuters.com/article/us-h...Health+News%29
"Shares of Sorrento Therapeutics Inc. SRNE+158.02% blasted 153% higher on very heavy volume in afternoon trading Friday, putting it on track to close at a near 2-year high.."
http://www.marke ch.com/story/sor...ent-2020-05-15
Buy now before they start saying "well maybe it's not quite 100% effective"
Lol Gilead down now
https://finance.yahoo.com/quote/GILD/
even factoring in the peaks and valleys typically associated with reporting during the weekends, this week did show improvement
decline in daily new cases is pretty gradual, but we havent had a single day of 30k new cases for a couple of weeks now
![]()
Not in Texas though.
true. like we've been saying, these decisions need to be made on the state and local levels. there isnt a sweeping one size fits all policy that makes sense
lolsmh gyms opening on Monday
Our head governor ever pretending there was a plan with phases.
They should open Planet Fitness. The people I've seen going to that gym appear to be high risk.
There are currently 2 users browsing this thread. (0 members and 2 guests)