Little justice! Krassner and Maida got voted out and ...
lenaz and Vyas barely got re-elected. Poor Raj (greedy little man) won't get his bonus. This tells how investors feel about the management team. In my opinion, they should get much worse, like pay back the money they took from us investors, or they should be let go or go to jail!!!
Listen it does not take a genius to figure out that Raj buys Big Pharma singles for a double the price value. He has SPPI on survival mode with $157m in revenues and a MINUS -$63m cash flow. The $92m cash was from the stock offering and they will burn through that. There ARE NO BLOCKBUSTER DRUGS and there never will be. Raj buys Big Pharma "rejects" keeps the company afloat and cashes in with a big salary and UNLIMITED FREE SHARES WHICH HE SELLS AT WHAT EVER PRICE THE STOCK IS SELLING AT. Look at the insider trades OTHERS are playing the same game!!! Get SPPI shares for $0 and sell for $8! He that the sign of a legal stock scam or what.. WHO ON THIS BOARD????? has received shares for $0? Did you pay for yours?? Then you should be made as heck.. I know I would be.. Good Luck I hope the SPPI DREAM works out for the shareholders that believe in Raj and all of his lies..
OK, my bad! I looked at the number of withdrawn vote and assumed they are out. The 8k does say that they are re-elected. At this point, I still don't know what's the purpose of casting a vote. I would think if the majority of votes are against a director, they would be OUT.