It seems the management team at AVII (Boman, Forrest and Timmins) are following in the footsteps of this ancient tradgey. Given the completion of the new financing round, it appears failure to bring onboard a new CEO is driving the pps to new lows. Meantime, companies like Santarus sign a $700M deal with GSK last week (for delivery of drugs in 2-3 yrs) and their antisense tech is arguably no better than AVII. If a new CEO Is not announced by early January, there should be demands by the BOD for our "Nero mentality" management team to resign. Come on new BOD members (Dr. Price & Goolsbee), out with the old and in with the new!
You forgot to mention the egregious market manipulation by the naked short selling hedge funds. Cigan was right on the money months ago, and you all said that he was a paranoid conspiracy nut. While Redplate was sending in the black helicopters, they were preparing to buy the company for pennies on the dollar. All the poster in this thread are representatives of the short hedge funds.