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SIGA Technologies Inc. Message Board

  • siana1917 siana1917 Jul 19, 2013 11:08 AM Flag

    Siga is wacko like Dod4ball

    We add 79 million (deferred or non-deferred) to our A/R books and it closes at 3.25. Then no news what so ever and it is trading 3.27

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    • It's not "A/R" if it's booked as deferred revenue #$%$....you've received the cash, how is there a receivable on the books??? Dummy.

      • 2 Replies to drod4ball
      • i think what was meant was that the $79 million is in litigation limbo....
        and so to be received ...?

      • NEW YORK, July 16, 2013 (GLOBE NEWSWIRE) -- SIGA Technologies, Inc. (SIGA) today announced it has passed another significant commercial milestone with the third delivery of its proprietary smallpox antiviral drug, Arestvyr(TM), to the United States Government's Strategic National Stockpile (SNS). With a cumulative delivery of approximately 590,000 courses of Arestvyr to the SNS over the past five months, SIGA has met a key requirement of its contract with the Government's Biomedical Advanced Research and Development Authority NEW YORK, July 16, 2013 (GLOBE NEWSWIRE) -- SIGA Technologies, Inc. (SIGA) today announced it has passed another significant commercial milestone with the third delivery of its proprietary smallpox antiviral drug, Arestvyr(TM), to the United States Government's Strategic National Stockpile (SNS). With a cumulative delivery of approximately 590,000 courses of Arestvyr to the SNS over the past five months, SIGA has met a key requirement of its contract with the Government's Biomedical Advanced Research and Development Authority (BARDA) and has qualified for a payment of approximately $79 million for the courses delivered to date. HEY GENIUS READ THE PR IT HAS QUALIFIED FOR PAYMENT, THEY HAVE NOT RECEIVED THE CASH YET! IT IS A RECEIVABLE. THE DEFERRED REVENUE WHICH YOU ARE OBSESSED WITH(OTHER THAN ROSE'S REMOVAL) IS A TACTICAL MOVE IN CASE THEY GET ANOTHER UNFAVORABLE RULING BY PARSON. But as usual you miss the whole point of my post. id a pr with a milestone in production comes out and this stock closes a nickel. (which you predicted) no news and the stock closes up 15 cents.

 
SIGA
2.050.00(0.00%)Mar 19 4:00 PMEDT