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ALLIQUA, INC. Message Board

  • charleslusten charleslusten May 6, 2011 10:30 AM Flag

    vertex pharna/ALQA--I DON'T THINK SO!

    I thought about my post and re-read the the ALQA 10K filing from March, 2011.
    I believe that ALQA currently appears to be somewhat irrelevant to the transdermal drug delivery system and has many competitors and seemingly small amounts of money and would not be attractive in my opinion. The accounting seems to have benefit for insiders in the form of expenses/rents and relatively small amounts of money spent on any R&D. I also wonder about the item on the balance sheet for "goodwill". Know that I am not an accountant and that all of this is my opinion only. I would welcome other opinions on this to help me better understand the company.

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