WARRANTS TO BUY OR OPTION GRANTS TO BUY, NEVER AN OUTRIGHT GRANT OF STOCK.
This little bit of news gives you food for thought, You'll find out whats really going on in the 10Q in early November.
agree.....sets up a buyout scenario and these 2 guys ride off in the sunset and Abbott takes over and adds this product to their platform of income producing products......
this would not have happened if they thought for a second FDA was not going to approve.....I see today and the news as a huge plus and indicator of good to come for longs here.
I agree with you on those points Jess, My worry here is that they must continue paying on the GE Loan, God forbid they default on that loan, That would be the end.
it is simply a very good business decision by BG management......why pay non-employee Directors at this point in time, they cant add anything to the company and should not be paid for doing nothing....it is all about waiting for FDA clearance.....also, Abbott probably feels those directors dont need to be paid at this point....some say Abbottt will buy BGMD soon, and when and if they do, some of these business decisions will have already been made, thus making Abbott "not the bad guy" post buyout......
hope for good 3Q report