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Omeros Corporation (OMER) Message Board

  • raytaylormd raytaylormd May 1, 2013 10:39 AM Flag

    HAW!!!...GOMER must be looking to set...

    ...some sort Guinness record for meaningless press releases!...HAW!!!...

    ...say what:

    "...Fast Track Designation from the U.S. Food and Drug Administration (FDA) for the development of OMS824 for the treatment of Huntington's disease."

    ...HAW!!!...considering that -- barring use of that ATM deal that allows GOMER to SELL 60 MILLION dollars worth of stock at ANY PRICE and at ANY TIME they want -- the company will be BROKE in a couple more months, it makes you wonder what kind of mushrooms management has been chowing down on!...

    ...I mean, come on, when you gotta pay 2 MILLION a year in interest on the 20 MILLION in debt you owe, and you face 60-80 MILLION dollars in rent and expenses over 14 years on your fancy new office building, and you still don't know whether you'll have to pick up the tab on the 4 million you had to to pay that whistleblower in order to prevent your employees from testifying under oath, not to mention the burden of paying management's fat salaries, benefits, bonuses, and perks -- whewwwwwww!...

    ...well, I'm just saying, GOMER's gotta an awful burden to bear even without starting ANY new trials -- so why make such announcements?...

    ...oh, wait!...I forgot -- they still got somewhere up to 60 MILLION dollars worth of stock I bet they'd just love to sell right now!...HAW, HAW, HAW!!!!....

    Sentiment: Strong Sell

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    • This company is a loser... they spend their time and money putting out meaningless press releases every day. They need to learn some finance 101 too. They need to hire a real CFO. They need to learn to raise money without sitting on market buyers at their leisure. They need to actually do some valuable partnerships.

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