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Enzon Pharmaceuticals Inc. Message Board

  • screwdd screwdd Aug 9, 2013 1:30 PM Flag

    Onebadbilly-----isn't it TIME?

    Your letter that you posted here dated May 9 charged "fraud" which you have reiterated a number of times as "obvious" stealing and other inflammatory terms. You said you were all over it. Calls and letters to the media, the SEC, lawyers etc. I think you said you had 5 lawyers in your family. So where is the beef? Is there a formal indictment or investigation going? An expose in the media I missed? Or should I check back in another 3 months?

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    • Indictments, that's the sec's province, they don't disclose what if any actions they are undertaking.

      FWIW I've interacted with four of the top fraud firms, traveled to NYC for one interview, bottom-line, as suspected before initiating the actions, the top tier hedge funds dealing here have covered their ashes. You never know if you don't try.

      By all means, check back in three months!

    • Apart from comments on this board, I have seen no allegations of fraud anywhere. Until we know the specifics of what exactly the agreement is (in terms of potential royalty payouts) between Belrose and Enzon, there is no basis for fraud allegations. How can we force them to reveal this information? Enzon's silence is strange and I don't know what to make of it. They're either committing fraud or trying to drive down the pps so friends can buy more on the cheap. If it is fraud, why haven't more of the 5percenters sold? Lets see what Klarman has done when he reports here next week.

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