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Galena Biopharma, Inc. Message Board

  • eric_flu eric_flu Apr 7, 2011 3:01 PM Flag

    DD on Bob and you will LAUGH!


    bob.corleone --This mental retard is a penny pusher. He bets his welfare on Tellabs, Bank of Greece, and RXi. The only half-way decent investment he made was on Kodak, but it was probably not many shares since it's over his $2 buy-in comfort zone.

    To "bob":
    As your tax-paying financier, at least bet my money on a WINNING horse for a change.

    This topic is deleted.
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    • I usually don't reply to morons but FYI I made good money on all the above mentioned companies. However the subject is out of RXII MB.

      You and your bagholders friends should be more concerned about how the new CEO salary depends on how much money he raise from the bagholders.
      From latest SEC filling:

      "The terms of Dr. Ahn's employment with the Company are set forth in an Employment Agreement dated as of the Effective Date (the "Employment Agreement"). The Employment Agreement provides for a three-year term expiring on March 30, 2014 (the "Term") and that Dr. Ahn will receive an initial annual base salary of $400,000. However, Dr. Ahn's base salary will be reduced to $350,000 if the Company fails to complete a financing transaction with net proceeds of at least $5 million by September 1, 2011 (the "Minimum 2011 Financing"), and will be increased to $425,000 if the Company completes a financing transaction with net proceeds of at least $7.5 million by September 1, 2011. Dr. Ahn will also be eligible to receive an annual performance bonus, the amount of which shall be determined"

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