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Omeros Corporation (OMER) Message Board

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  • magicsquld magicsquld Nov 24, 2009 10:47 PM Flag

    Lawsuit filed by ex CFO

    the fact pointed out in paragraph #35 of Mr. Klein's complaint has yet to be vetted on this forum. It is damn significant ... why would a Chairman of the Audit Committee quit, just before an IPO if things were not a bit to smelly for him (her) ?? Answer me that? Don't ask the man holding the COB and all fiduciary management positions. The COB, CEO, CFO, CIO, CTO, CSO, ETC. he has a vested interest in running things his own way. I'd bet he, or a very close crony, even reconciles the bank cash account to the books too. Frigging Amazing ...

    Again, I do believe I have at least scanned all messages here, and nobody has pointed out that the Chairman of the Audit Committee resigned coincident with Mr. Demopolous "managment" of Mr. Klein's whistle-blower complaint. Did this information get into the offering circular? IF not, where was Douchebank.

    OK. insider posters to this thread. try tieing a pretty Thanksgiving bow on this here turkey ?

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    • Incidentally, just for this skeptic's curiosity, how long has that finance guy (introduced not as CFO. but a lower level finance guy in the first ever OMER conference call with analysts & investors) worked for Mr. Demopolous? Where else has he worked and what experience has he to be the CEO's right hand man ? Interesting that he got off the hook in not giving any specifics or even broad parameters for how the offering proceeds would be used. Isn't there a strategic plan supported with financial projections that would allow some confidence among bag-holders by making reference to something that gives proof that they are in financial control at the strategic level?

      • 1 Reply to xsheepman
      • That message I read yesterday re: "Lawsuit filed by ex CFO, can't believe" w/ questions regarding that conference call deserved repition word by word .... Listened myself and Squid is spot on ... $60 million into the company cash coffers andbo answer to the analyst's simple question of how it would be spent ... OMG.
        X

 
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