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Delcath Systems, Inc. Message Board

  • ctn627 ctn627 May 17, 2013 10:35 PM Flag

    melikesdinero may be right...

    I despise pumpers and I'm disgusted with the ODAC disaster, but after reviewing the ASM meeting slides, there may be room for guarded hope. I'm definitely not defending Hobbs and company, in fact, they have done us shareholders a big disservice, taken our money, lived lavishly, and blind to cost savings, at least before the last few days. Look at one of the final slides, they are projecting burn $6-8M in Q4. This is a dramatic drop from the $8-10M they even boasted about before ODAC.
    Read also the testimonial letter from a woman with OM - truly heart-wrenching. Go to Investor Village MB for the link, it opens the document directly. Disclosure, long w/75K shares in two accounts (and not happy about it). If the company can survive past September PFUDA date, assuming the FDA goes against them, and IF Europe can begin to contribute, we will STILL be diluted eventually, but the tide could turn meaningfully up.
    I feel your pain, have a good weekend.
    -ctn

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