At least they are being quiet. Remember Gerald said he'd be buying hand over fist, but the reverse split and dilution told the real story here. So what do he have? bad management, products and science of dubious value, and no earnings to drive share price. Wonderful , what's next BK ??
Stock has been sliding recently after some decent gains, Putin said 50% of profits must be returned to shareholders, but profits keep dropping, too. Sort of a dead money stock for now. I have a feeling the Russian recession will last longer than anyone imagines.
Nothing they have worked on has made any money. That's a lot of wasted effort not to mention the losses and time wasted for their investors, that's the really hard part, seeing your cash and time wasted. And they are as unapologetic as ever, hey when you're dead wrong at least have the guts to admit it. Don't just keep slinging the same old BS story we seen a thousand times ! They should have stayed focused on the Alzheimers disease, that's where the long term money can be made. But no, just an endless scheme to dilute and bring aboard toxic financiers who will skim every dime they can. The investors? Small fish chumps to be fried.
Both were potentially great companies ruined by moronic, greedy CEO's like Cartwright.. And both ruined their investors only to emerge better than before, the bankruptcy laws facilitate this public fleecing. It's why so many people distrust and avoid the capital markets, the little guy has to get screwed for the benefit of the bigger money players.