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Oncolytics Biotech Inc. Message Board

  • bridgeconstructor bridgeconstructor Nov 15, 2012 2:24 PM Flag

    Back to our missing CFO

    Well I took a peak at the other board, bit of a hissy fit over Mondays news or lack of news concerning Mr Ball and the recent market action. I chimed in here earlier on this after recieving a short and sweet email from the company on his departure. Unless you happen to live next door to him or belong to the same club...you will not here any more. But keep an eye out for the annual report. It will disclose whether or not the board has extended his options past the stipulated 90 days by the maximum three years. I expect this to be the case. If not then he has left on Very bad terms. His compensation for the last decade will then be only the lousy three or four hundred thousand dollar salary. Three years and 90 days just catches the last 180,000 share option award. The next were some two years out. So if his quarter million or so options went "POOF" you can speculate management and the board were very unhappy with him. What could he have done to deserve such treatment? That is the problem we investors have...we just don't know. I prefer to think that Mr Ball did nothing to damage the company and the board will extend his option expiration date by the maximum allowable so as to salvage the bulk of his option awards. IMO Mondays news release has very little to do with the errosion in the share price. Holly Cow,even I was able to see this declne coming two months ago! And I can confidently predict it will continue. To me it means nothing...We remain nearly an all or nothing proposition...just as we have since the begining. We are sold for the value of our patents or we gain a multi Billion dollar valuation. I could care less if we are at one dollar or eight dollars until we find out what is at the end of this journey. My prediction? Billions and Billions and Billions

    Sentiment: Strong Buy

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ONCY
1.380.00(0.00%)Aug 29 3:59 PMEDT

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