Oh Ozzie, that would be silly to sue "TheStreet"! And it is so hyperbolic to write "with the MiMedx share price dropping almost daily". You're becoming delusional and obsessing on Pete Petit. I'm really worried about your mental health.
Based on the facts OSIR's stock should be avoided and shorted at higher values until competent management is hired and retained more than a few months and the financials prove that the company can be or is operated profitably. Mr. Market is an agnostic when it comes to the potential value of its products either to sell as IP for commercialization by others or to exploit by the company.
Ozzie, Ozzie, Ozzie, Repeatedly reproducing and referring to fraudulent studies doesn't make them true. Mr. Market doesn't recognize the work of a paid hack in Bozeman but does read financial statements if they're available when he does due diligence.
There's a lot of confusion on this board between facts and opinion. In order to help address this problem I submit the following.
1) OSIR is under criminal investigation
2) OSIR Iis being investigated by the SEC
3) ORIS has not filed an accurate financial statements in over a year
4) OSIR has had over three CEOs in 6 months
5) OSIR's CMO was fired
6) OSIR hired a salesman being investigated for criminal activity related to medical sales
Most all of the OSIR longs' postings here.
Dear Ativaloc, Let me help you again with your thinking about investing. I'm afraid you've contracted Ozzieitis which allows hyperbole, wishfull thinking, conjecture, baseless estimates and delusional hopes to guide your investing activity. You should learn to read financial statements issued by the company you're interested in. I'll be out of pocket for awhile and unable to assist you. Frankly I'm concerned for your financial health. I'll be praying for you. Lots of love, Vomit (aka Vol).
Dear M_M, There you go again with the hyperbole. Rememberer printing the word fact doesn't make a statement one The facts about OSIR and MDXG are published in the financial press and account for their respective market values as well as the impacts of market conditions and trading strategies. You and several of your long friends should familiarize yourselves with the differences between facts and opinions based on your desires for OSIR not to be a POS (my opinion). All the best,
Bravo! I see you're indicating that someone or something is #1.That is clever and I see you're much more visual than verbal which, to tell the truth, I was thinking was the case. I and others on this board would appreciate more of your art where your true talents lie as opposed to finance which seems to confuse you.
Your very best friend,
Vomit State (aka Heinzy)
Dear Ativaloc, I'm afraid you've again misused the word "fact" and spelling it with capital letters doesn't make a statement a fact. A fact is defined as a true statement such as OSIR is under criminal investigation, OSIR has had 3 CEOs in 6 months and OSIR hasn't issued a correct financial statement in over a year. Your statement above is what is referred to as an "opinion" and in this case it's your opinion and in all likelihood an erroneous opinion. Always happy to help you with grammar and financial concepts. All the best, Vomit (aks Heinzy).
Mr. Market says it's very smart and in keeping with your fiduciary responsibility to your shareholders to vigorously defend your IP and products. Mr. Market likes MDXG a lot more than he does OSIR. He also asked me about OSIR's financial statements. He says it's not a good idea to be manic.
Apparently Petit believes his IP is valuable, worth defending and has the resources to defend. OSIR's strategy has been to sell its IP to fund its unsuccessful attempt to become a profitable operating company. Mr. Market values the former's strategy at $824M and the latter's at $165M. Mr. Market likes accurate and timely filed financial statements, a stable and competent management team but hates criminal investigations. Mr. Market hasn't been overly smitten with biotech lately. Mr. Market is going on vacation next week in a cool location with no internet connection.
"We could only wish that something serious happened".
1) 3 CEOs in six months
2) CMO resigns
3) Criminal investigation
4) SEC investigation
5) Inability to produce financial statements
Please familiarize yourself with the definition of news. For example: OSIR's CEO just resigned.
Full Definition of news
a : a report of recent events
b : previously unknown information
by babykahn • Jul 7, 2015 3:13 PM
I took the opportunity to add a little near $19.04
There's too much positive momentum building. Earnings will be here in the blink of an eye.
Avoid shrapnel? By this time the BOD is asking about the size of the D&O policy. Most policies exclude coverage for assessments due to criminal activity. Consider how difficult it is at this point to attract quality board members. The company has both the justice department and SEC conducting investigations. There are not current financials. It's difficult to make a case that your options are going to be worth anything in the future. See below why the pucker factor is growing.
By now probably everyone interested in healthcare regulatory matters has heard about the October 2, 2013 opinion in the Tuomey Healthcare System, Inc. qui tam action out of South Carolina. A federal judge ordered Tuomey, a 242-bed nonprofit hospital, to pay $276,800,000 for various federal Stark and False Claims Act violations (the fine was reduced the next day by $39,000,000 to correct a math error by the judge). Approximately a week prior to the decision, Tuomey had announced that its CEO and COO would soon step down. The fallout is expected to continue, because the judgment is thought to be greater than the system’s annual revenue.
Where does this leave past and present Tuomey officers and directors? While they were not sued in the qui tam action, they likely have incurred expenses over the 6-year course of the litigation. Moreover, claims now might be made against them, as this is the highest such penalty ever assessed against a community hospital. However, in an opinion issued in early September, the Attorney General of South Carolina found that state law does not permit Tuomey to indemnify its officers and board trustees for any claims in which such individuals are not made a party to the proceeding. Additionally, indemnity would not be available if they were found to have violated their duties of care, loyalty, good faith and fair dealing.
The court’s decision and the Attorney General’s opinion bring urgency to the need for officers -- and even more for independent (community) truste
He discovered a complete lack of transparency which makes serious analysis impossible.
"I expect financials to be released soon and the goals and path to be communicated in a clear professional maner (sic)". And when they aren't, what are you going to do?