RP has become majority shareholder. In other words whatever he decides to do with the company is his decision. This thing smells of an eventual SPAC through MAC Andrew Forbes maybe with Trans Tech's borrowed R&D dept. thrown in. PIP has been running on air and without Siga's payments soon will be added to the Caliphate's casualty list.
With Putin entertaining both Kim Jong & the Ayatollah the DoD is seriously looking to procure more weapon antivirals as has Israel, I'm sure. A private IPO would be more in keeping with SIGA's on going business. RP could potentially make billions off such a scenario. He has never been one to reward loyalty to shareholders. Just look at Revlon. A $40 stock from $500 with 8 reverse splits over 2 decades on a profitable product line. You can't make this stuff up.
Just part of the 1%ers taking their 90%
To hell with the truth! As the history of the world proves, the truth has no bearing on anything. It's irrelevant and immaterial, as the lawyers say. The lie of a pipe dream is what gives life to the whole misbegotten mad lot of us, drunk or sober.
EUGENE O'NEILL, The Iceman Cometh
Sure. Thank makes complete sense. Please explain in detail why RP "propped up the price". Please explain why he would like to lose more money by buying more shares. Is he propping up the price to make himself feel better for short term psychological benefit? yes, that MUST be it.
In "investor" terms, it's called propping up the price of a tanking stock in an effort to lure more fools to buy.
You are invited too, alibi4sail. Just let me know so I can get some fresh beans ground.
Yes, Rose, RP and I are having croissants and espressos as I type. Stop in for a bite and a sip.
drod4ball: no one could be that big a fool; I'm going with the employee of the company option. Been a long while since I last posted. Sold out a long time ago of both these poc, and, like everyone else, lost my shirt. Hope things are going well for you.
Hilarious. That must be why RP bought more shares. ...and then bought some more shares. That is what is called a "tell" in poker terms. SIGA will be over $5 by EOY. Notice I didn't say, "SIGAQ."
Time to Hunker down. See you All on the Darkside ( or hades AKA the PiP Board)....
Time to Break open Fifth O Forty Creek and Numb the PiP er...ah... "Pain" till the next shoe drops...
Well, I'm out after about holding SIGA for about 4 years when my stop loss order at $2.20 triggered at the open yesterday. I'll watch for another reentry point down the road. I lost a few thousand here but am happy I recovered as much as I did recently that allowed me to raise my stop loss price from $1.00 where it had sat since August last year.
Search "SparVax (Recombinant Protective Antigen (rPA) Anthrax Vaccine) - Untitled Letter June 11, 2010"
The product fact sheet contains false or misleading statements that represent your product as safe and effective for the purposes for which it is being investigated. This is problematic from a public health perspective because it suggests that SparVax is safe and effective when the product has not yet been approved by FDA and the promotional claims have yet to be demonstrated by substantial evidence or substantial clinical experience. As a result, these materials misbrand your investigational product in violation of the Federal Food, Drug, and Cosmetic Act.. there is more.... they have always been liars or incompetent, fooled Parsons though!
could you refresh the fraudulent letter to fda and its content and what the reprimand was for,